Pune, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Global Alfalfa Hay Market report is expert study that can deliver you with an elaborate analysis of the Alfalfa Hay. The report covers information about top players, projected size of the market, data and figures to update about where opportunities are in the market, competitor analysis and vendor information. Also, it offers a complete analysis of the key market dynamics, with growth drivers, challenges, restraints, opportunities and trends. Furthermore, receive exact details and statistics associated to Alfalfa Hay market and its key factors such as revenue, growth, compound annual growth, year-over-year developments, consumption, and production.
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Alfalfa hay is an excellent source of good quality protein and fiber. Alfalfa is a legume hay and is sometimes called “lucerne”. These hays are higher in protein and minerals and are more palatable than grass hays. Alfalfa in particular is high in energy and is an excellent source of vitamins and minerals. When properly cured, alfalfa is the best of the legume hays from a nutrient standpoint. It has the most feed value of all the perennial pasture forages. Alfalfa is used as for horses, dairy cows, beef cattle, sheep, chickens, turkeys and other farm animals.
Market Analysis and Insights: Global Alfalfa Hay Market
Due to the COVID-19 pandemic, the global Alfalfa Hay market size is estimated to be worth USD 30670 million in 2022 and is forecast to a readjusted size of USD 35980 million by 2028 with a CAGR of 2.7% during the review period. Fully considering the economic change by this health crisis, Alfalfa Hay Bales accounting for % of the Alfalfa Hay global market in 2021, is projected to value USD million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Dairy Cow Feed segment is altered to an % CAGR throughout this forecast period.
Competitive Landscape:
Report offers the Alfalfa Hay market competition landscape and a corresponding comprehensive study of the prominent players in this market, include
- Anderson Hay
- ACX Global
- Bailey Farms
- Aldahra Fagavi
- Grupo Osés
- Gruppo Carli
- Border Valley Trading
- Barr-Ag
- Alfa Tec
- Standlee Hay
- Sacate Pellet Mills
- Oxbow Animal Health
- M&C Hay
Anderson Hay, ACX Global, Bailey Farms, Grupo Osés, Aldahra Fagavi, etc. Global top five manufacturers hold a share about 3%.
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Market Segmentation:
Alfalfa Hay market report delivers study of the key trends in each sub-segment of the worldwide Alfalfa Hay report, with estimates for development at the global, regional and country level and categorized the market based on product type, applications, regions.
Segment by Type
- Alfalfa Hay Bales
- Alfalfa Hay Pellets
- Alfalfa Hay Cubes
- Others
Segment by Application
- Dairy Cow Feed
- Beef Cattle & Sheep Feed
- Pig Feed
- Poultry Feed
- Others
In terms of product, Alfalfa Hay Bales is the largest segment, with a share about 55%. And in terms of application, the largest application is Dairy Cow Feed, followed by Beef Cattle & Sheep Feed, Pig Feed, Poultry Feed, etc.
Regional Analysis:
Global Alfalfa Hay key players include Anderson Hay, ACX Global, Bailey Farms, Grupo Osés, Aldahra Fagavi, etc. Global top five manufacturers hold a share about 3%. North America is the largest market, with a share about 60%, followed by Europe and South America, both with a share about 15 percent. In terms of product, Alfalfa Hay Bales is the largest segment, with a share about 55%. And in terms of application, the largest application is Dairy Cow Feed, followed by Beef Cattle & Sheep Feed, Pig Feed, Poultry Feed, etc.
Market by Region:
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil etc.)
- Middle East and Africa (Egypt and GCC Countries)
North America is the largest market, with a share about 60%, followed by Europe and South America, both with a share about 15 percent.
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Detailed TOC of Global Alfalfa Hay Market Insights and Forecast to 2028
1 Study Coverage
1.1 Alfalfa Hay Product Introduction
1.2 Market by Type
1.2.1 Global Alfalfa Hay Market Size by Type, 2017 VS 2021 VS 2028
1.2.2 Alfalfa Hay Bales
1.2.3 Alfalfa Hay Pellets
1.2.4 Alfalfa Hay Cubes
1.2.5 Others
1.3 Market by Application
1.3.1 Global Alfalfa Hay Market Size by Application, 2017 VS 2021 VS 2028
1.3.2 Dairy Cow Feed
1.3.3 Beef Cattle & Sheep Feed
1.3.4 Pig Feed
1.3.5 Poultry Feed
1.3.6 Others
1.4 Study Objectives
1.5 Years Considered
2 Global Alfalfa Hay Production
2.1 Global Alfalfa Hay Production Capacity (2017-2028)
2.2 Global Alfalfa Hay Production by Region: 2017 VS 2021 VS 2028
2.3 Global Alfalfa Hay Production by Region
2.3.1 Global Alfalfa Hay Historic Production by Region (2017-2022)
2.3.2 Global Alfalfa Hay Forecasted Production by Region (2023-2028)
2.4 North America
2.5 Europe
2.6 China
3 Global Alfalfa Hay Sales in Volume & Value Estimates and Forecasts
3.1 Global Alfalfa Hay Sales Estimates and Forecasts 2017-2028
3.2 Global Alfalfa Hay Revenue Estimates and Forecasts 2017-2028
3.3 Global Alfalfa Hay Revenue by Region: 2017 VS 2021 VS 2028
3.4 Global Alfalfa Hay Sales by Region
3.4.1 Global Alfalfa Hay Sales by Region (2017-2022)
3.4.2 Global Sales Alfalfa Hay by Region (2023-2028)
3.5 Global Alfalfa Hay Revenue by Region
3.5.1 Global Alfalfa Hay Revenue by Region (2017-2022)
3.5.2 Global Alfalfa Hay Revenue by Region (2023-2028)
3.6 North America
3.7 Europe
3.8 Asia-Pacific
3.9 Latin America
3.10 Middle East & Africa
4 Competition by Manufactures
4.1 Global Alfalfa Hay Production Capacity by Manufacturers
4.2 Global Alfalfa Hay Sales by Manufacturers
4.2.1 Global Alfalfa Hay Sales by Manufacturers (2017-2022)
4.2.2 Global Alfalfa Hay Sales Market Share by Manufacturers (2017-2022)
4.2.3 Global Top 10 and Top 5 Largest Manufacturers of Alfalfa Hay in 2021
4.3 Global Alfalfa Hay Revenue by Manufacturers
4.3.1 Global Alfalfa Hay Revenue by Manufacturers (2017-2022)
4.3.2 Global Alfalfa Hay Revenue Market Share by Manufacturers (2017-2022)
4.3.3 Global Top 10 and Top 5 Companies by Alfalfa Hay Revenue in 2021
4.4 Global Alfalfa Hay Sales Price by Manufacturers
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Alfalfa Hay Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5.3 Global Alfalfa Hay Manufacturers Geographical Distribution
4.6 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Alfalfa Hay Sales by Type
5.1.1 Global Alfalfa Hay Historical Sales by Type (2017-2022)
5.1.2 Global Alfalfa Hay Forecasted Sales by Type (2023-2028)
5.1.3 Global Alfalfa Hay Sales Market Share by Type (2017-2028)
5.2 Global Alfalfa Hay Revenue by Type
5.2.1 Global Alfalfa Hay Historical Revenue by Type (2017-2022)
5.2.2 Global Alfalfa Hay Forecasted Revenue by Type (2023-2028)
5.2.3 Global Alfalfa Hay Revenue Market Share by Type (2017-2028)
5.3 Global Alfalfa Hay Price by Type
5.3.1 Global Alfalfa Hay Price by Type (2017-2022)
5.3.2 Global Alfalfa Hay Price Forecast by Type (2023-2028)
6 Market Size by Application
6.1 Global Alfalfa Hay Sales by Application
6.1.1 Global Alfalfa Hay Historical Sales by Application (2017-2022)
6.1.2 Global Alfalfa Hay Forecasted Sales by Application (2023-2028)
6.1.3 Global Alfalfa Hay Sales Market Share by Application (2017-2028)
6.2 Global Alfalfa Hay Revenue by Application
6.2.1 Global Alfalfa Hay Historical Revenue by Application (2017-2022)
6.2.2 Global Alfalfa Hay Forecasted Revenue by Application (2023-2028)
6.2.3 Global Alfalfa Hay Revenue Market Share by Application (2017-2028)
6.3 Global Alfalfa Hay Price by Application
6.3.1 Global Alfalfa Hay Price by Application (2017-2022)
6.3.2 Global Alfalfa Hay Price Forecast by Application (2023-2028)
…..and continued.
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