City of Industry, CA -- (SBWire) -- 06/22/2018 --This report studies the global Alfalfa Hay market status and forecast, categorizes the global Alfalfa Hay market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
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.
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United States is a major producer of alfalfa hay in 2016, where US production accounts for 51.7% globally. In addition, United States is also the world's largest exporter.
The world's largest consumption market is still in the United States, mainly because of the excellent geographical conditions the United States; the quality of alfalfa hay is significantly higher than other regions.
There are many manufacturers, most of them with small scale. Market competition, environment as well as other factors in recent years have led to volatile market prices, the market price around 268USD/MT in 2016.
The global Alfalfa Hay market is valued at 29200 million US$ in 2017 and will reach 29500 million US$ by the end of 2025, growing at a CAGR of 0.1% during 2018-2025.
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The major players covered in this report
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
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
United States
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Alfalfa Hay Bales
Alfalfa Hay Pellets
Alfalfa Hay Cubes
Others
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Dairy Cow Feed
Beef Cattle & Sheep Feed
Pig Feed
Poultry Feed
Others
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Global Alfalfa Hay Market Research Report 2018
The global Alfalfa Hay market is valued at 29200 million US$ in 2017 and will reach 29500 million US$ by the end of 2025, growing at a CAGR of 0.1% during 2018-2025.