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Global Alfalfa Pellets Market Trends, Report, Analysis: By Type: Timothy Hay, Alfalfa Hay; By Application: Meat/Dairy Animal Feed, Horse Feed, Poultry Feed, Pig Feed; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Global Alfalfa Pellets Market Analysis by Region

Europe is a prominent region due to a significant livestock population

The European region is anticipated to hold a dominant position in the alfalfa pellets market. In 2022, Europe was home to around 134 million pigs, and 70 million sheep and goats. Some prominent producers of alfalfa pellets in Europe are Désialis, Groupe Grasasa, Nafosa, Premium Pellets Spain, and Forcam. The demand for pellets is also driven by the rising demand for meat and dairy. For instance, the average meat consumption among Italians is 55 kg/per capita/year with pig, poultry, and cattle meat contributing to 46%, 27%, and 25%, respectively.

 

According to the alfalfa pellets market report, the North American regional market is driven by consumer dietary preferences and demand for animal protein. The United States has the most horse ownership among the world's population. In both 2020 and 2021, the country had a horse population of around 10.6 million animals, which was 18% of the global population of animals. Further, the country is home to around 700,000 ranches which are some of the largest consumers of alfalfa pellets in the country.

 

The Asia Pacific alfalfa pellets market is driven by rapid economic development and urbanisation which drives the demand for meat products. In 2022, the revenue from the meat sector accounted for USD 23.1 billion in South Korea. Further, India is the global leader in milk production with a share of around 22%.

 

Alfalfa Pellets Market Report Snapshots

Alfalfa Pellets Market Size

Alfalfa Pellets Market Trends

Alfalfa Pellets Market Regional Analysis

Alfalfa Pellets Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

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    Opportunities and Challenges in the Market
8    Global Alfalfa Pellets Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Alfalfa Pellets Historical Market (2018-2023) 
    8.3    Global Alfalfa Pellets Market Forecast (2024-2032)
    8.4    Global Alfalfa Pellets Market by Type
        8.4.1    Timothy Hay
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Alfalfa Hay 
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Alfalfa Pellets Market by Application
        8.5.1    Meat/Dairy Animal Feed 
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Horse Feed 
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Poultry Feed 
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Pig Feed 
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
    8.6    Global Alfalfa Pellets Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Alfalfa Pellets  Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Alfalfa Pellets  Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Spain
        10.5.1    Historical Trend (2018-2023) 
        10.5.2    Forecast Trend (2024-2032)
    10.6    Netherlands
        10.6.1    Historical Trend (2018-2023) 
        10.6.2    Forecast Trend (2024-2032)
    10.7    Portugal
        10.7.1    Historical Trend (2018-2023) 
        10.7.2    Forecast Trend (2024-2032)
    10.8    Others
11    Asia Pacific Alfalfa Pellets Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    South Korea
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Australia
        11.6.1    Historical Trend (2018-2023) 
        11.6.2    Forecast Trend (2024-2032)
    11.7    Others
12    Latin America Alfalfa Pellets Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Colombia
        12.4.1    Historical Trend (2018-2023) 
        12.4.2    Forecast Trend (2024-2032)
    12.5    Chile
        12.5.1    Historical Trend (2018-2023) 
        12.5.2    Forecast Trend (2024-2032)
    12.6    Others
13    Middle East and Africa  Alfalfa Pellets Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Lebanon
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.4    Jordan
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.4    Morocco
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    .14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
         16.2.1    Al Dahra Group
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Navarra Aragonesa De Forrajes, S.A.U. (Nafosa)
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Gruppo Carli
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Harlan Feed
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Manzanola Feeds, LLC
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Daurio Brothers Alfalfa Company
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Sacate Pellet Mills, Inc.
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    AJD Agro Ltd.
            16.2.8.1    Company Overview
            16.2.8.2    Product Portfolio
            16.2.8.3    Demographic Reach and Achievements
            16.2.8.4    Certifications
        16.2.9    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Alfalfa Pellets Market (KMT), 2018 and 2032
2.    Global Alfalfa Pellets Market (USD Million), 2018 and 2032
3.    Global Alfalfa Pellets Historical Market: Breakup by Type (USD Million), 2018-2023
4.    Global Alfalfa Pellets Market Forecast: Breakup by Type (USD Million), 2024-2032
5.    Global Alfalfa Pellets Historical Market: Breakup by Application (USD Million), 2018-2023
6.    Global Alfalfa Pellets Market Forecast: Breakup by Application (USD Million), 2024-2032
7.    Global Alfalfa Pellets Historical Market: Breakup by Region (KMT), 2018-2023
8.    Global Alfalfa Pellets Market Forecast: Breakup by Region (KMT), 2024-2032
9.    Global Alfalfa Pellets Historical Market: Breakup by Region (USD Million), 2018-2023
10.    Global Alfalfa Pellets Market Forecast: Breakup by Region (USD Million), 2024-2032
11   North America Alfalfa Pellets Historical Market: Breakup by Country (USD Million), 2018-2023
12.    North America Alfalfa Pellets Market Forecast: Breakup by Country (USD Million), 2024-2032
13.    Europe Alfalfa Pellets Historical Market: Breakup by Country (USD Million), 2018-2023
14.    Europe Alfalfa Pellets Market Forecast: Breakup by Country (USD Million), 2024-2032
15.    Asia Pacific Alfalfa Pellets Historical Market: Breakup by Country (USD Million), 2018-2023
16.    Asia Pacific Alfalfa Pellets Market Forecast: Breakup by Country (USD Million), 2024-2032
17.    Latin America Alfalfa Pellets Historical Market: Breakup by Country (USD Million), 2018-2023
18.    Latin America Alfalfa Pellets Market Forecast: Breakup by Country (USD Million), 2024-2032
19.    Middle East and Africa Alfalfa Pellets Historical Market: Breakup by Country (USD Million), 2018-2023
20.    Middle East and Africa Alfalfa Pellets Market Forecast: Breakup by Country (USD Million), 2024-2032
21.    Global Alfalfa Pellets Market Structure

Key Questions Answered in the Report

In 2023, the alfalfa pellets market reached an approximate value of USD 446.08 million.

The market is expected to grow at a CAGR of 4.9% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of around USD 681.52 million by 2032.

Alfalfa pellets refer to fodder that are made from ground alfalfa hay and are typically used in animal feeds. They contain extensive amounts 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 drivers of the alfalfa pellets market include the increasing use of alfalfa pellets as animal feed, the rich nutritional profile of alfalfa pellets, and the robust growth of the livestock population.

Key trends aiding market expansion include the growing use of alfalfa pellets in poultry feed, the rising cultivation of alfalfa hay, the demand for organic feed, and the rising consumption of animal protein.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Based on type, the market can be divided into alfalfa hay and timothy hay.

The significant applications in the market are meat/dairy animal feed, horse feed, poultry feed, and pig feed.

Key players in the market are Al Dahra Group, Navarra Aragonesa De Forrajes, S.A.U. (Nafosa), Gruppo Carli, Harlan Feed, Manzanola Feeds, LLC, Daurio Brothers Alfalfa Company, Sacate Pellet Mills, Inc., AJD Agro Ltd., and 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 2024-2032, growing at a CAGR of 4.9%.

 

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 Al Dahra Group, Navarra Aragonesa De Forrajes, S.A.U. (Nafosa), Gruppo Carli, Harlan Feed, Manzanola Feeds, LLC, Daurio Brothers Alfalfa Company, Sacate Pellet Mills, Inc., and AJD Agro Ltd., 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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