Report Explores The Alfalfa Hay Market Likely To Emerge Over A Period Of 2016

Posted by pooja paralkar on January 21st, 2020

Alfalfa hay is considered as an important feed for cattle, horses, dairy cows, goats and sheep. Canada, Spain, the U.S., Italy, and France are some of the prime countries accounting for alfalfa hey production. Some of the top companies from these countries are actively partaking in the entire supply chain network from sourcing, logistics applications, shipping to distribution and marketing, at the same time placing vital importance on the quality of alfalfa.

The increasing 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. The demand from commercial dairy operators for alfalfa hay is expected to increase due to the increase in investment in huge scale dairy operations during the forecast period. 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. The exceptional demand seen in the previous years from several regions have resulted in the price upsurge of alfalfa hay. This has caused the dairy producers to consider the replacement, thus lowering the rates for alfalfa hay again this year.

On the basis of Applications,

  • Meat/dairy animal feed
  • Horse feed
  • Poultry
  • Others

The increasing 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. The cost of the alfalfa hay is generally dependent upon the quality of hay produced, the type of harvesting, and the bale size. The high domestic prices of hay in some regions can cause a dampening effect on exports for some markets.  On the basis of product type the alfalfa hay market is segmented into bales, pellets, and cubes. The bale segment is expected to account for maximum share in alfalfa hay market.

For Report Brochure:

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=19997

 Alfalfa Hay Market: Key Players

  • Alfalfa Monegros, S.L.
  • Coaba
  • Los Venteros S.C.
  • Grupo Osés
  • SL Follen Company
  • Al Dahra ACX Global, Inc.
  • Anderson Hay & Grain Inc.
  • Border Valley
  • Knight Ag Sourcing
  • Hay USA
  • Bailey Farms

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pooja paralkar
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