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Global Alfalfa Pellets Market: By Type: Timothy Hay, Alfalfa Hay; By Application: Meat/Dairy Animal Feed, Horse Feed, Poultry Feed, Pig Feed; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Global Alfalfa Pellets Market Outlook
The global alfalfa pellets market is expected to grow in the forecast period of 2022-2027 at a CAGR of 5.40%.
Increasing Use of Alfalfa Pellets as Animal Feeds Bolstering the Growth of the Market
As the shortage of feed resources in various countries is surging, alfalfa pallets are increasingly used as animal feeds, hence driving the market growth. Alfalfa pellets improve land utilisation and the ecological environment while protecting land resources, due to which they contribute to sustainability. The high protein content and easy transportation offered by alfalfa pellets make them ideal as animal feeds, which is fuelling the growth of the market. Due to high protein content, they also reduce the amount of concentrated feed, thus bolstering the cost-efficiency. With the growing focus on optimal nutrition of livestock, the demand for alfalfa pellets is surging, thereby significantly contributing to the market growth.
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North America represents a significant share of the alfalfa pellets industry owing to the robust growth of the agriculture sector in the region. With the growing demand for dairy and meat products in the region, the demand for alfalfa pellets for animal feed is growing, which is propelling the industry growth. As the United States and Canada have extensive availability of raw materials, the production of alfalfa pellets is surging. In addition, the adoption of innovative farming techniques in the region is increasing the demand for alfalfa pellets and bolstering the market growth, which is contributing to the growth of the alfalfa pellets industry.
Alfalfa Pellets: Market Segmentation
Alfalfa pellets refer to fodder that are made from ground alfalfa hay and are typically used in animal feeds. They contain extensive amount of proteins, minerals, and vitamins, and are an excellent source of nitrogen. It Is also high in fibre and is considered an ideal feed choice for various livestock and poultry animals.
The major types of alfalfa pellets are:
- Timothy Hay
- Alfalfa Hay
The market can be broadly categorised on the basis of its applications into:
- Meat/Dairy Animal Feed
- Horse Feed
- Poultry Feed
- Pig Feed
The EMR report looks into the regional markets of alfalfa pellets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Growing Demand for Alfalfa Pellets as a Poultry Feed to Augment the Market Growth
The increasing use of alfalfa pellets in poultry feed owing to their superior nutritional constituency is driving the growth of the market. With the growing awareness regarding the use of alfalfa pellets to obtain excellent skin and yolk pigmentation, farmers are incorporating them in poultry formula to bolster the quality of end-use products, which is aiding the market growth. As alfalfa pellets can be efficiently incorporated into poultry formulas, the market is witnessing robust growth. Moreover, the growing demand for alfalfa pellets in diets of layer birds to enhance productivity while reducing feed intake is fuelling the industry growth.
The wide availability of alfalfa pellets in both developed and developing countries is augmenting the growth of the market. Alfalfa pellets enhances the digestive systems of poultry animals to bolster their quality, which is further bolstering the growth of the market. Furthermore, the growing cost-effectiveness of alfalfa pellets is surging their use in backward integration farming, which is expected to propel the industry growth. The increasing research and development (R&D) activities to determine the benefits of alfalfa pellets as additives in animal feed is predicted to propel the market growth in the coming years.
Key Industry Players in the Global Alfalfa Pellets Market
The report presents a detailed analysis of the following key players in the global alfalfa pellets market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Anderson Hay & Grain Co Inc.
- Al Dahra ACX Global Inc
- Navarra Aragonesa De Forrajes, S.A.U. (Nafosa)
- PARTECIPAZIONI S.p.a. (Gruppo Carli)
- Harlan Ln
- Sunshade Animal Feeds Private Limited
- Manzanola Feeds, LLC
- Sacate Pellet Mills, Inc.
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2021 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region |
| Breakup by Type | Timothy Hay, Alfalfa Hay |
| Breakup by Application | Meat/Dairy Animal Feed, Horse Feed, Poultry Feed, Pig Feed |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Anderson Hay & Grain Co Inc., Al Dahra ACX Global Inc, Navarra Aragonesa De Forrajes, S.A.U. (Nafosa), PARTECIPAZIONI S.p.a. (Gruppo Carli), Harlan Ln, Sunshade Animal Feeds Private Limited, Manzanola Feeds, LLC, Sacate Pellet Mills, Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Alfalfa Pellets Market Analysis
8.1 Key Industry Highlights
8.2 Global Alfalfa Pellets Historical Market (2017-2021)
8.3 Global Alfalfa Pellets Market Forecast (2022-2027)
8.4 Global Alfalfa Pellets Market by Type
8.4.1 Timothy Hay
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Alfalfa Hay
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Alfalfa Pellets Market by Application
8.5.1 Meat/Dairy Animal Feed
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Horse Feed
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Poultry Feed
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Pig Feed
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.6 Global Alfalfa Pellets Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Anderson Hay & Grain Co Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Al Dahra ACX Global Inc
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Navarra Aragonesa De Forrajes, S.A.U. (Nafosa)
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 PARTECIPAZIONI S.p.a. (Gruppo Carli)
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Harlan Ln
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Sunshade Animal Feeds Private Limited
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Manzanola Feeds, LLC
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Sacate Pellet Mills, Inc.
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Alfalfa Pellets Market: Key Industry Highlights, 2017 and 2027
2. Global Alfalfa Pellets Historical Market: Breakup by Type (USD Million), 2017-2021
3. Global Alfalfa Pellets Market Forecast: Breakup by Type (USD Million), 2022-2027
4. Global Alfalfa Pellets Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Alfalfa Pellets Market Forecast: Breakup by Application (USD Million), 2022-2027
6. Global Alfalfa Pellets Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Alfalfa Pellets Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Alfalfa Pellets Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Alfalfa Pellets Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Alfalfa Pellets Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Alfalfa Pellets Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Alfalfa Pellets Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Alfalfa Pellets Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Alfalfa Pellets Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Alfalfa Pellets Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Alfalfa Pellets Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Alfalfa Pellets Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Alfalfa Pellets Market Structure
Key Questions Answered in the Report
The global alfalfa pellets market is projected to grow at a CAGR of 5.40% between 2022 and 2027.
The market is being aided by the increasing use of alfalfa pellets as animal feeds, the cost-efficiency of alfalfa pellets, and the robust growth of the agricultural sector.
The industry is expected to be propelled by the growing use of alfalfa pellets in poultry feed, the wide availability of alfalfa pellets, and the increasing research and development (R&D) activities to bolster the quality of alfalfa pellets.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of alfalfa pellets in the industry are timothy hay and alfalfa hay.
The significant applications in the market are meat/dairy animal feed, horse feed, poultry feed, and pig feed.
The major players in the industry are Anderson Hay & Grain Co Inc., Al Dahra ACX Global Inc, Navarra Aragonesa De Forrajes, S.A.U. (Nafosa), PARTECIPAZIONI S.p.a. (Gruppo Carli), Harlan Ln, Sunshade Animal Feeds Private Limited, Manzanola Feeds, LLC, and Sacate Pellet Mills, Inc., among others.
Analyst Review
The global alfalfa pellets market is driven by the robust growth of the agricultural sector. Aided by the growing use of alfalfa pellets in poultry feed, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 5.40%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the alfalfa pellets industry can be segmented into timothy hay and alfalfa hay. On the basis of applications, the industry is divided into meat/dairy animal feed, horse feed, poultry feed, and pig feed. The major regional markets for alfalfa pellets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Anderson Hay & Grain Co Inc., Al Dahra ACX Global Inc, Navarra Aragonesa De Forrajes, S.A.U. (Nafosa), PARTECIPAZIONI S.p.a. (Gruppo Carli), Harlan Ln, Sunshade Animal Feeds Private Limited, Manzanola Feeds, LLC, and Sacate Pellet Mills, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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