The global market for alfalfa hay is blooming: expected to reach 133.53 million USD by 2031.
The global market for alfalfa hay, which is a cornerstone of the animal feed industry, is on an unprecedented growth trajectory. In 2022, it boasted a market size of 77.71 million USD, and the outlook is even brighter. According to forecasts, this market is expected to thrive during the forecast period from 2023 to 2031, with a compound annual growth rate (CAGR) of 6.2%. By 2031, a rich revenue of 133.53 million USD is anticipated. Alfalfa hay, often referred to as the "queen of forages," is a nutrient-rich feed crop primarily used for livestock such as dairy cows, horses, goats, and rabbits. It is high in protein, easily digestible, and contributes to the health of livestock. For application methods, please check the [PDF download] button or apply directly through the related links.
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Overview of Segmentation The global alfalfa hay market is classified based on type, application, and region. By Type Bales Pellets Cubes By Application Daily Feed Poultry Feed Horse Feed Others Key Companies: Al Dahra ACX Global Inc. Alfalfa Monegros SL Anderson Hay & Grain Inc. Bailey Farms Border Valley Coaba Cubeit Hay Company Glenvar Hay Green Prairie International Grupo Osés Gruppo Carli Hay USA Haykingdom Inc. Knight AG Sourcing Los Venteros SC M&C Hay McCracken Hay Company Riverina (Australia) Pty Ltd SL Follen Company Standlee Hay Company
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