Global Alfalfa Hay Market Insights and Forecast to 2028

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 US$ 30670 million in 2022 and is forecast to a readjusted size of US$ 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 US$ 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.
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.
In terms of production side, this report researches the Alfalfa Hay capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Alfalfa Hay by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Alfalfa Hay Scope and Segment
Alfalfa Hay market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Alfalfa Hay market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
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
By Company
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
Accomazzo
Huishan Diary
Qiushi Grass Industry
Beijing HDR Trading
Beijing Lvtianyuan Ecological Farm
Modern Grassland
Inner Mongolia Dachen Agriculture
Inner Mongolia HuangYangwa Grass Industry
Production by Region
North America
Europe
China
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE