Alfalfa Hay market Trends, And Forecasts (2018-2023)
Alfalfa hay is considered as a vital part of the feed given to cattle, horses, dairy cows, goats, and sheep. It is an excellent source of good quality protein and fiber. Alfalfa is a legume hay and is sometimes called Lucerne.
(EMAILWIRE.COM, August 16, 2018 ) Alfalfa Hay market is anticipated to grow at XX% CAGR from 2018 to 2023and it is estimated that the global market was valued at USD XX billion in 2018 and is expected to reach USD XX billion by 2023.
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An increase in the demand for dairy and animal products, shrinking of the land for grazing of animals, and growth in high yielding cattle, bred cattle demand for feed is driving the alfalfa hay market globally. Growing investment in huge scale dairy operations to meet the demands of commercial dairy operators is further expected to aid the market growth. However, the decreasing land acreage due to drastically growing urbanization, competition regarding high crop value crops, and water restrictions are some of the important factors hindering the growth of alfalfa hay market. Growing demand of alfalfa in certain developing regions has led to price surges which in turn has slow down the market growth. This has caused the dairy producers to consider the replacement, thus lowering the rates for alfalfa hay again this year. An increase in the demand for animal and dairy products across the whole world is likely to increase the demand for alfalfa hay during the forecast period. The alfalfa hay is primarily used for animal rearing and it delivers high feed value. High prices of alfalfa in certain is anticipated to hinder the growth of the market.
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Alfalfa Hay market Segmentation:
Type
Introduction
Bales
Pellets
Cubes
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
Application
Introduction
Meat/Dairy Animal Feed
Poultry Feed
Horse Feed
Other
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis,
By Application
Some of the key players dominating the market are Alfalfa Monegros, S.L., Coaba, Los Venteros S.C., Grupo Osés, Haykingdom Inc, STANDLEE HAY COMPANY, Green Prairie International, Cubeit Hay Company, M&C Hay, Glenvar Hay, McCRACKEN HAY COMPANY, SL Follen Company, Al Dahra ACX Global Inc., Anderson Hay & Grain Inc., Border Valley, Knight Ag Sourcing, Hay USA, Bailey Farms, Riverina Pty Ltd and Gruppo Carli.
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An increase in the demand for dairy and animal products, shrinking of the land for grazing of animals, and growth in high yielding cattle, bred cattle demand for feed is driving the alfalfa hay market globally. Growing investment in huge scale dairy operations to meet the demands of commercial dairy operators is further expected to aid the market growth. However, the decreasing land acreage due to drastically growing urbanization, competition regarding high crop value crops, and water restrictions are some of the important factors hindering the growth of alfalfa hay market. Growing demand of alfalfa in certain developing regions has led to price surges which in turn has slow down the market growth. This has caused the dairy producers to consider the replacement, thus lowering the rates for alfalfa hay again this year. An increase in the demand for animal and dairy products across the whole world is likely to increase the demand for alfalfa hay during the forecast period. The alfalfa hay is primarily used for animal rearing and it delivers high feed value. High prices of alfalfa in certain is anticipated to hinder the growth of the market.
For Sample Report @ https://marketdataforecast.com/market-reports/alfalfa-hay-market-6629/request-sample
Alfalfa Hay market Segmentation:
Type
Introduction
Bales
Pellets
Cubes
Y-o-Y Growth Analysis, By Type
Market Attractiveness Analysis, By Type
Market Share Analysis, By Type
Application
Introduction
Meat/Dairy Animal Feed
Poultry Feed
Horse Feed
Other
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis,
By Application
Some of the key players dominating the market are Alfalfa Monegros, S.L., Coaba, Los Venteros S.C., Grupo Osés, Haykingdom Inc, STANDLEE HAY COMPANY, Green Prairie International, Cubeit Hay Company, M&C Hay, Glenvar Hay, McCRACKEN HAY COMPANY, SL Follen Company, Al Dahra ACX Global Inc., Anderson Hay & Grain Inc., Border Valley, Knight Ag Sourcing, Hay USA, Bailey Farms, Riverina Pty Ltd and Gruppo Carli.
Buy Now @ https://marketdataforecast.com/cart/buy-now/alfalfa-hay-market-6629
About MarketDataForecast
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Info:
Abhishek Shukla
Sales Manager
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results