Alfalfa Market Growth, Key Players and Forecast 2025


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Uploaded on Dec 4, 2019

Category Business

Global Alfalfa Market anticipated to grow at a CAGR of 5.06% | Alfalfa Industry

Category Business

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Alfalfa Market Growth, Key Players and Forecast 2025

Alfalfa Market Research Report - Global Forecast till 2025 Industry Survey, Growth, Competitive Landscape and Forecasts to 2025 REQUEST SAM PLE VIEW REPORT S PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.) Alfalfa Market Research Report- Forecast to 2025 Alfalfa Market 2019: Industry Survey, Growth, Competitive Landscape and Forecasts to 2025 Alfalfa Market is projected to be valued at USD 39.71 Billion by 2025, registering a CAGR of 5.06% during the forecast period. Alfalfa is considered a nutrient-rich feed for cattle, horses, goats, sheep, and other animals. It contains 15%–22% crude protein and is an excellent source of vitamins and minerals. It provides energy and boosts the immunity of livestock. The increasing demand for meat and dairy products worldwide has created the need for high-quality feed to enhance the quality and production of animal products. Alfalfa is a proteinaceous and fiber-rich feed for animals that helps in improving the quality of milk and meat. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/8508 2 www.marketresearchfuture.com Alfalfa Market Research Report- Forecast to 2025 “Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Alfalfa Market Research Report - Global Forecast 2025” Thus, dairy and livestock farmers are the main buyers of alfalfa. It is also used as horse feed and is in high demand in the equestrian industry. Pellets, cubes, and hay bales are the common alfalfa product types available in the market. However, the high cost of production as compared to other forage crops and the need for large amounts of water for irrigation may hinder the alfalfa market growth. Nonetheless, the growing demand in the Middle East in countries such as Saudi Arabia and the UAE, where the production of forage crops is banned due to water scarcity, provides lucrative opportunities for the alfalfa market players. 3 www.marketresearchfuture.com Alfalfa Market Research Report- Forecast to 2025 Global Alfalfa Market, by Region, 2018 4 www.marketresearchfuture.com Alfalfa Market Research Report- Forecast to 2025 Growth Opportunities in the Market Increasing demand for alfalfa in the form of pellets: Alfalfa pellets are highly nutritious as they a good source of digestible fiber, protein, vitamins, and minerals. Pellets are also convenient and cost-effective as compared to hay bales and cubes, resulting in high demand by dairy and livestock farmers. The pellets segment is, therefore, expected to be the fastest-growing during the review period. High consumption by ruminant readers: The ruminant segment dominated the global alfalfa market in 2018 and it is expected to register the highest CAGR during the forecast period. The demand for meat, milk, and other dairy products is increasing rapidly across the globe. Thus, dairy and livestock farmers are focused on high yield from ruminants by increasing the use of high-quality fodder. Moreover, the introduction of advanced products such as dehydrated and organic alfalfa fodder for cattle is likely to aAucgcmesesn Ftu tlhl Re eaplfoarltf a@ m arket demand in the coming years. https://www.marketresearchfuture.com/reports/alfalfa-market-8508 5 www.marketresearchfuture.com Alfalfa Market Research Report- Forecast to 2025 Application & Major Players in this Research: Alfalfa Market Prominent Players:  Grupo Osés (Spain)  Al Dahra ACX Global, Inc. (US)  Alfalfa Monegros, S.L. (Spain)  Anderson Hay & Grain Inc. (US)  Bailey Farms (US)  Border Valley (US)  Cubeit Hay Company (Spain) 6 www.marketresearchfuture.com Alfalfa Market Research Report- Forecast to 2025 Alfalfa Market Segmented on the basis of By Product Type  Equine  Pellets,  Hay Bales,  Cubes By Region  North America,  Europe, By Livestock  Asia-Pacific  Ruminants, 7 www.marketresearchfuture.com ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous- Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. For more information kindly visit www.marketresearchfuture.com or contact us at [email protected] Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future. 8 www.marketresearchfuture.com MARKET RETSHEANAKR YCOHU [email protected] Ph: +1-646-845-9349 (US) FUTUPh: +R44 208 E133 9349 (UK) 9 www.marketresearchfuture.com