Summary

Global Alfalfa Hay Market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 6.9% over the forecast period 2021-2027. Alfalfa is obtained from alfalfa plant which is belonging from pea family. The plant is also known as Lucerne and Medicago sativa. In many countries’ alfalfa is cultivated as forage crops which is high in protein, calcium, minerals and fiber. Alfalfa hay is essential feed for dairy cows, beef, horses and sheep and other farm animals. the market is driven by the key factors such as increased consumption of dairy and meat products throughout the world and Growing Industrial Livestock Production. According to the World Health Organization (WHO), increasing the demand of livestock as rising population, urbanization and income. Meat, milk, and eggs consumption is on the rise all across the world. Every year, more than 320 million tons of beef are produced worldwide, according to the Our World Data Organization. Furthermore, every year more than 80 billion animals killed to produce form of meat. pig meat is the most widely eaten meat on the planet, followed by chicken meat, beef, and buffalo meat. However, Lower Yields than Other Forage Crops, may impede market growth over the forecast period of 2021-2027.

North America region is dominating the alfalfa hay market owing to increase in advance technologies to produce alfalfa hay with good quality and better yield, and presence of large number of market players in the region. Furthermore, the U.S is the major exporter of alfalfa to other countries such as Saudi Arabia, as the country’s production of alfalfa has been decreasing from years. Also, the country needs to satisfy its dairy market demand for alfalfa hay, it mainly relies on imports, and it is also expected to remain one of the key buyers from the US alfalfa hay market.

Major market player included in this report are:
Anderson Hay & Grain Inc.
Al Dahra ACX Global Inc.
Green Prairie International
Alfalfa Monegros SL
Cubeit Hay Company
Border Valley
Glenvar Hay
Bailey Farms
Grupo Osés
Haykingdom Inc.




The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Bales
Pellets
Cubes
By Application:
Dairy Animal Feed
Poultry Feed
Horse Feed
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Alfalfa Hay Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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Table of Contents

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Alfalfa Hay Market, by Region, 2019-2027 (USD Billion)
1.2.2. Alfalfa Hay Market, by Type, 2019-2027 (USD Billion)
1.2.3. Alfalfa Hay Market, by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Alfalfa Hay Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Alfalfa Hay Market Dynamics
3.1. Alfalfa Hay Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing Demand for Dairy and Meat Products
3.1.1.2. Growing Industrial Livestock Production
3.1.2. Market Restraint
3.1.2.1. Lower Yields than Other Forage Crops
3.1.2.2. Stringent Regulations
3.1.3. Market Opportunities
3.1.3.1. Rising exports for alfalfa hay
Chapter 4. Global Alfalfa Hay Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Alfalfa Hay Market, by Type
5.1. Market Snapshot
5.2. Global Alfalfa Hay Market by Type , Performance - Potential Analysis
5.3. Global Alfalfa Hay Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
5.4. Alfalfa Hay Market , Sub Segment Analysis
5.4.1. Bales
5.4.2. Pellets
5.4.3. Cubes
Chapter 6. Global Alfalfa Hay Market, by Application
6.1. Market Snapshot
6.2. Global Alfalfa Hay Market by Application, Performance - Potential Analysis
6.3. Global Alfalfa Hay Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.4. Alfalfa Hay Market , Sub Segment Analysis
6.4.1. Dairy Animal Feed
6.4.2. Poultry Feed
6.4.3. Horse Feed
6.4.4. Other Applications
Chapter 7. Global Alfalfa Hay Market, Regional Analysis
7.1. Alfalfa Hay Market , Regional Market Snapshot
7.2. North America Alfalfa Hay Market
7.2.1. U.S. Alfalfa Hay Market
7.2.1.1. Type breakdown estimates & forecasts, 2018-2027
7.2.1.2. Application breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Alfalfa Hay Market
7.3. Europe Alfalfa Hay Market Snapshot
7.3.1. U.K. Alfalfa Hay Market
7.3.2. Germany Alfalfa Hay Market
7.3.3. France Alfalfa Hay Market
7.3.4. Spain Alfalfa Hay Market
7.3.5. Italy Alfalfa Hay Market
7.3.6. Rest of Europe Alfalfa Hay Market
7.4. Asia-Pacific Alfalfa Hay Market Snapshot
7.4.1. China Alfalfa Hay Market
7.4.2. India Alfalfa Hay Market
7.4.3. Japan Alfalfa Hay Market
7.4.4. Australia Alfalfa Hay Market
7.4.5. South Korea Alfalfa Hay Market
7.4.6. Rest of Asia Pacific Alfalfa Hay Market
7.5. Latin America Alfalfa Hay Market Snapshot
7.5.1. Brazil Alfalfa Hay Market
7.5.2. Mexico Alfalfa Hay Market
7.6. Rest of The World Alfalfa Hay Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Anderson Hay & Grain Inc.
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Al Dahra ACX Global Inc.
8.2.3. Green Prairie International
8.2.4. Alfalfa Monegros SL
8.2.5. Cubeit Hay Company
8.2.6. Border Valley
8.2.7. Glenvar Hay
8.2.8. Bailey Farms
8.2.9. Grupo Osés
8.2.10. Haykingdom Inc.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption