Alfalfa Hay Market - Global Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030 - ResearchAndMarkets.com

The "Alfalfa Hay Market, By Type, By Application, and By Geography - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.

The global alfalfa hay market is growing on the account of increasing population and increasing livestock numbers. The increased awareness of the importance of high-quality forage will fuel industry expansion in the coming years.

The growing use of alfalfa hay by farmers will also lower transportation costs and environmental risks. As the demand for meat and dairy products continues to rise, the market for alfalfa hay will continue to grow. Growth in the dairy industry is further fueled by a number of factors, including increasing urbanization and population.

However, the market has experience some disruptions in 2020 due to the COVID-19 outbreak, which disrupted the supply chain in the industry. As a result, uncertainty in the industry was felt across various sectors.

Key Features of the Study:

• This report provides in-depth analysis of the global alfalfa hay market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global alfalfa hay market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global alfalfa hay market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global alfalfa hay market

Market Dynamics

Drivers

• Increasing demand for diary and meat products
• Growing production of livestock

Restraints

• Ban on cultivation of forage crop in Saudi Arabia
• High production cost

Opportunities

• Increasing investment across various countries to improve production
• Impact Analysis

Key Highlights

• Regulatory Scenario
• Product launch/Approvals
• PEST Analysis
• PORTER's Analysis
• Merger and Acquisition Scenario

Company Profiles

• Al Dahra ACX Global Inc.
• Alfalfa Monegros SL
• Anderson Hay & Grain Inc.
• Bailey Farms
• Border Valley
• Coaba
• Cubeit Hay Company
• Glenvar Hay
• Green Prairie International
• Grupo Oses
• Gruppo Carli
• Hay USA
• Haykingdom Inc.
• Oregon Hay Products, Inc.
• Los Venteros SC
• M&C Hay
• Legal Alfalfa Products Ltd.
• Riverina (Australia) Pty Ltd
• SL Follen Company
• Standlee Hay Company

Detailed Segmentation:

Global Alfalfa Hay Market, By Type

• Bales
• Pellets
• Cubes

Global Alfalfa Hay Market, By Application

• Meat/ Dairy animal feed
• Poultry feed
• Horse feed
• Other applications

Global Alfalfa Hay Market, By Geography

• North America
• Europe
• Asia-pacific
• South America
• Middle east & Africa

For more information about this report visit https://www.researchandmarkets.com/r/cw9rob-hay?w=4

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View source version on businesswire.com: https://www.businesswire.com/news/home/20230127005293/en/