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Alfalfa Market Analysis, Report | Industry Share 2022 - 28

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The Global Alfalfa market was estimated at 250.08 metric tons in 2021 and is projected to reach 265.33 metric tons by 2028, growing at a CAGR of 6.1% over the analysis period.

Alfalfa is a tonic plant rich in proteins, minerals, enzymes, and vitamins. A bulk quantity of the whole plant is required in the pharmaceutical industries, especially for homeopathic pharmacies. The increasing awareness regarding animal nutrition among the people is one of the important key factors driving the growth of the market. This can be attributed to the increasing consumer demand for chemical-free meat and milk-based products. Product manufacturers are using innovative processing and harvesting machinery to produce long-fiber hay cubes and hay products with enhanced fiber content. In the US, beef industries have the most influence over alfalfa and hay prices.

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Key Prominent Players In The Alfalfa Market:

SW Seed (US), Riverina (Australia), Mc Cracken Hay (US), Cubeit Hay (US), Standlee Hay (US), Anderson Hay Grain (WA), Border Valley (India), Carli Group (Italy), Haykingdom Inc (US), Al Dahra ACX Global Inc. (Los Angeles), Bailey Farms International (US), Green Prairie International Inc- (Canada), Hay USA Inc. (US), Oxbow Animal Health (US) and other major players.

Market segmentation

The Alfalfa market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

Alfalfa Market Segment by Types, Estimates, and Forecast by 2028

Hays, Bales, Pellets, Cubes

Alfalfa Market Segment by Applications, Estimates, and Forecast by 2028

Dairy Cow Feed, Cattle and Sheep Feed, Pig Feed, Horse Feed, Poultry Feed

Regional Analysis for COVID-19 Outbreak-Global Alfalfa Market:

  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
  • North America (U.S., Canada, and Mexico)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (Saudi Arabia, UAE, South Africa)

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The report answers such questions as:

  1. What is the market size for Alfalfa and its forecast?
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  3. Which products/segments/applications/areas to invest in over the Global Alfalfa Market forecast period?
  4. What is the Global Alfalfa Market’s strategic competitive window for new opportunities?
  5. What technology trends are there in the Global Alfalfa Market?
  6. What is the market size of the most prominent vendors in the Global Alfalfa Marketplace?
  7. What strategic moves and methods are appropriate for entry into the Global Alfalfa Market?

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