Market Overview:
The global alfalfa hay market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Alfalfa hay is a forage source obtained from the alfalfa, or lucerne, plant. It is commonly used in the feed for ruminants, cattle, poultry and horses and is available in the form of bales, pellets and cubes. Alfalfa hay is a rich source of energy, protein, fiber, calcium, vitamins and minerals and is produced by harvesting the crop with a swather and sun drying it in strips. The dried strips are mechanically compressed into bales and further turned into smaller cubes and pellets. In comparison to the traditionally used grass hay, alfalfa hay has a nutrient content and is more palatable. It is also used in the manufacturing of nutritional supplements to promote growth and improve the immune system in animals.
Alfalfa Hay Market Trends:
The increasing consciousness regarding animal nutrition among the masses is one of the key factors driving the growth of the market. Moreover, the shifting consumer preference toward premium-quality dairy and meat products is providing a thrust to the market growth. Alfalfa hay is an environment-friendly and cost-effective feed alternative with a long shelf-life. It is added to cattle feed to improve the quality and quantity of milk produced. Additionally, the utilization of hay manufactured with non-genetically modified organisms (non-GMO) crops is acting as another growth-inducing factor. This can also be attributed to the increasing consumer demand for chemical-free meat and milk-based products. Product manufactures are utilizing innovative harvesting and processing machinery to produce long-fiber hay products and cubes with enhanced fiber content. Other factors, including significant growth in the agriculture industry, along with extensive research and development (R&D) activities in the field of animal husbandry, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global alfalfa hay market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on type, application and end user.
Breakup by Type:
Breakup by Application:
- Daily Animal Feed
- Poultry Feed
- Horse Feed
- Others
Breakup by End User:
- Poultry
- Cattle
- Livestock
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Al Dahra ACX Inc., Alfalfa Monegros, Anderson Hay & Grain Co Inc., Bailey Farms International, Green Prairie International Inc., Hay USA Inc., Oxbow Animal Health, Riverina (Mitsubishi Corporation), Sacate Pellet Mills Inc., SL Follen Company, Standlee Premium Products LLC, and Zille S.A.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
US$ Billion |
| Segment Coverage |
Type, Application, End User, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Al Dahra ACX Inc., Alfalfa Monegros, Anderson Hay & Grain Co Inc., Bailey Farms International, Green Prairie International Inc., Hay USA Inc., Oxbow Animal Health, Riverina (Mitsubishi Corporation), Sacate Pellet Mills Inc., SL Follen Company, Standlee Premium Products LLC, and Zille S.A. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global alfalfa hay market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global alfalfa hay market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global alfalfa hay market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Alfalfa Hay Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Bales
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Pellets
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Cubes
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Daily Animal Feed
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Poultry Feed
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Horse Feed
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by End User
8.1 Poultry
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cattle
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Livestock
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Al Dahra ACX Inc.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Alfalfa Monegros
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Anderson Hay & Grain Co Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Bailey Farms International
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Green Prairie International Inc.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Hay USA Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Oxbow Animal Health
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Riverina (Mitsubishi Corporation)
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Sacate Pellet Mills Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 SL Follen Company
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Standlee Premium Products LLC
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Zille S.A.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Alfalfa Hay Market: Major Drivers and Challenges
Figure 2: Global: Alfalfa Hay Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Alfalfa Hay Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Alfalfa Hay Market: Breakup by Type (in %), 2020
Figure 5: Global: Alfalfa Hay Market: Breakup by Application (in %), 2020
Figure 6: Global: Alfalfa Hay Market: Breakup by End User (in %), 2020
Figure 7: Global: Alfalfa Hay Market: Breakup by Region (in %), 2020
Figure 8: Global: Alfalfa Hay (Bales) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Alfalfa Hay (Bales) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Alfalfa Hay (Pellets) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Alfalfa Hay (Pellets) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Alfalfa Hay (Cubes) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Alfalfa Hay (Cubes) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Alfalfa Hay (Daily Animal Feed) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Alfalfa Hay (Daily Animal Feed) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Alfalfa Hay (Poultry Feed) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Alfalfa Hay (Poultry Feed) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Alfalfa Hay (Horse Feed) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Alfalfa Hay (Horse Feed) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Alfalfa Hay (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Alfalfa Hay (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Alfalfa Hay (Poultry) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Alfalfa Hay (Poultry) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Alfalfa Hay (Cattle) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Alfalfa Hay (Cattle) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Alfalfa Hay (Livestock) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Alfalfa Hay (Livestock) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Alfalfa Hay (Other End Users) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Alfalfa Hay (Other End Users) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: North America: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: North America: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: United States: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: United States: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Canada: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Canada: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Asia-Pacific: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Asia-Pacific: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: China: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: China: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Japan: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Japan: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: India: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: India: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: South Korea: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: South Korea: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Australia: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Australia: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Indonesia: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Indonesia: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Others: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Others: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Europe: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Europe: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Germany: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Germany: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: France: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: France: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: United Kingdom: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: United Kingdom: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Italy: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Italy: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Spain: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Spain: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Russia: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Russia: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Others: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Others: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Latin America: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Latin America: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Brazil: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Brazil: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Mexico: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Mexico: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Others: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Others: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Middle East and Africa: Alfalfa Hay Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Middle East and Africa: Alfalfa Hay Market: Breakup by Country (in %), 2020
Figure 78: Middle East and Africa: Alfalfa Hay Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Global: Alfalfa Hay Industry: SWOT Analysis
Figure 80: Global: Alfalfa Hay Industry: Value Chain Analysis
Figure 81: Global: Alfalfa Hay Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Alfalfa Hay Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Alfalfa Hay Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Alfalfa Hay Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Alfalfa Hay Market Forecast: Breakup by End User (in Million US$), 2021-2026
Table 5: Global: Alfalfa Hay Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Alfalfa Hay Market: Competitive Structure
Table 7: Global: Alfalfa Hay Market: Key Players