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United States Alfalfa Market Size, Share, Growth, Analysis: By Product Type: Pellets, Hay, Cubes; By Animal Type: Cattle, Horse, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032
United States Alfalfa Market Outlook
The United States alfalfa market size reached approximately USD 8.08 billion in 2023. The market is further projected to grow at a CAGR of 7.1% between 2024 and 2032, reaching a value of USD 15.06 billion by 2032.
Key Trends in the Market
Alfalfa is a perennial herbaceous legume that has high nutritional value and is a major source of protein for livestock. The green leafy alfalfa hay is considered to be very palatable to livestock and nutritious. It is also cultivated as green manure and aids in improving soil health. Alfalfa is rich in various bioactive plant compounds, vitamins, proteins, and minerals, among others.
- The increasing consumption of meat and dairy products due to growing population and rising awareness about the necessity of consuming a balanced diet is boosting the United States alfalfa market growth. Cattle are fed alfalfa hay for increasing the production of milk, aiding animals in gaining weight, and enhancing their overall health.
- The growing awareness about animal health and nutrition among dairy farm owners, agriculturists, and agronomists, among others is bolstering the market expansion. Alfalfa has a higher rate of fibre digestion as opposed to grass and can pass through the digestive tract through a faster rate. The product also acts as a good buffer in the rumen.
- The rising preference and demand for alfalfa pellets is providing lucrative growth opportunities to the market. The convenient, easy to transport, digest, and store nature of these products along with their ability to enhance the performance and health of animals due to their nutrient rich nature is boosting the demand of the product.
United States Alfalfa Market Segmentation
On the basis of product type, the market is divided into pellets, hay, and cubes. Based on animal type, the market is categorised into cattle and horse, among others. On the basis of region, the market is segmented into New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the United States alfalfa market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Anderson Hay & Grain Co. Inc.
- Al Dahra ACX, Inc.
- Border Valley Trading
- Bailey Farms International
- Cubeit Hay Company
- Andritz AG
- Standlee Premium Products, LLC
- S&W Seed Company (Alfalfa Partners)
- Green Prairie International, Inc.
- Haykingdom Inc.
- SL Follen Company
- Others
Market Share by Product Type
As per the United States alfalfa market analysis, hay accounts for a significant share of the market. This is due to the high calcium and protein content of alfalfa hay. It is also an excellent source of different nutrients and energy. Due to the high nutrient and fibre content of alfalfa hay, it is fed to rabbits for maintaining healthy teeth and bones. The product also supports fermentative digestion which enhances the rumen health, increasing its consumption as a nutritional source for lactating animals.
Market Share by Animal Type
Cattles is anticipated to account for a significant United States alfalfa market share. The expansion of the dairy sector in the country is bolstering the demand for nutrient rich food for cattle, including, alfalfa. Various varieties of alfalfa hay pass through the rumen of a beef cow in half the time as compared to grass hay. Therefore, cattle are fed alfalfa hay for increasing the production of milk, aiding animals in gaining weight, and enhancing their overall health. The product, in combination with other feeds, including clover, ensures the provision of optimal calories and nutrients for the healthy growth and development of calves, boosting the United States alfalfa market demand.
Competitive Landscape
Anderson Hay & Grain Co. Inc. is a small family business that is one of the largest exporters of hay in the United States. The company was founded in 1960 and is headquartered in Washington, United States. The company also specialises in straw products and agricultural forage export.
Al Dahra ACX, Inc. is one of the leading suppliers of roughage, forage, and feed, among others. They operate several state-of-the-art hay storage and processing facilities that are strategically located in different locations across the globe.
Border Valley Trading is involved with the export of compressed hay products and forage. The company also provides alfalfa, Bermuda grass, rye hay, oats, klein, and sudan, among others. The company was founded in 1989 and is headquartered in California, United States.
Other United States alfalfa market players include Bailey Farms International, Cubeit Hay Company, Andritz AG, Standlee Premium Products, LLC, S&W Seed Company (Alfalfa Partners), Green Prairie International, Inc., Haykingdom Inc., and SL Follen Company, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Animal Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Alfalfa Market Overview
8.1 Key Industry Highlights
8.2 North America Alfalfa Historical Market (2018-2023)
8.3 North America Alfalfa Market Forecast (2024-2032)
8.4 North America Alfalfa Market breakup by Country
8.4.1 United States
8.4.2 Canada
9 United States Alfalfa Market Overview
9.1 Key Industry Highlights
9.2 United States Alfalfa Historical Market (2018-2023)
9.3 United States Alfalfa Market Forecast (2024-2032)
10 United States Alfalfa Market by Product Type
10.1 Pellets
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Hay
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Cubes
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
11 United States Alfalfa Market by Animal Type
11.1 Cattle
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Horse
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Others
12 United States Alfalfa Market by Region
12.1 New England
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Mideast
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Great Lakes
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Plains
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Southeast
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Southwest
12.6.1 Historical Trend (2018-2023)
12.6.2 Forecast Trend (2024-2032)
12.7 Rocky Mountain
12.7.1 Historical Trend (2018-2023)
12.7.2 Forecast Trend (2024-2032)
12.8 Far West
12.8.1 Historical Trend (2018-2023)
12.8.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Trade Data Analysis (HS Code - 121410)
14.1 Major Importing Countries
14.1.1 By Volume
14.1.2 By Value
14.2 Major Exporting Countries
14.2.1 By Volume
14.2.2 By Value
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Anderson Hay & Grain Co. Inc.
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 Al Dahra ACX, Inc.
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 Border Valley Trading
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 Bailey Farms International
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 Cubeit Hay Company
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 Andritz AG
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 Standlee Premium Products, LLC
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 S&W Seed Company (Alfalfa Partners)
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 Green Prairie International, Inc.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Haykingdom Inc.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 SL Follen Company
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Alfalfa Market: Key Industry Highlights, 2018 and 2032
2. United States Alfalfa Market: Key Industry Highlights, 2018 and 2032
3. United States Alfalfa Historical Market: Breakup by Product Type (USD Billion), 2018-2023
4. United States Alfalfa Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
5. United States Alfalfa Historical Market: Breakup by Animal Type (USD Billion), 2018-2023
6. United States Alfalfa Market Forecast: Breakup by Animal Type (USD Billion), 2024-2032
7. United States Alfalfa Historical Market: Breakup by Region (USD Billion), 2018-2023
8. United States Alfalfa Market Forecast: Breakup by Region (USD Billion), 2024-2032
9. Major Importing Countries by Volume
10. Major Exporting Countries by Volume
11. Major Importing Countries by Value
12. Major Exporting Countries by Value
13. United States Alfalfa Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 8.08 billion in 2023.
The market is projected to grow at a CAGR of 7.1% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 15.06 billion by 2032.
The major market drivers include increasing consumption of meat and dairy products and rising demand for nutrient rich food for cattle.
The key trends fuelling the growth of the market include growing awareness about animal health and nutrition and rising preference and demand for alfalfa pellets.
The major regions in the market are the market is segmented into New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The significant product types include pellets, hay, and cubes.
The key players in the market are Anderson Hay & Grain Co. Inc., Al Dahra ACX, Inc., Border Valley Trading, Bailey Farms International, Cubeit Hay Company, Andritz AG, Standlee Premium Products, LLC, S&W Seed Company (Alfalfa Partners), Green Prairie International, Inc., Haykingdom Inc., and SL Follen Company, among others.
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