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The African Alfalfa Hay Market is Segmented by Product Type (Bales, Pellets, and Cubes), Application (Meat/Dairy Animal Feed, Poultry Feed, Horse Feed, and Other Applications), and Geography
The African alfalfa hay market is expected to register a CAGR of 9.7%. Alfalfa plays a significant role as a type of livestock forage for the animal feed, due to its high protein and digestible fiber content. The crop is mainly used for feeding dairy cows, cattle, horses, sheep, and goats. Sudan is the largest producer in Africa, followed by South Africa and Chile. Sudan has the advantage due to its geographical location, climate and water resources from the Nile and has now become a key player in the Middle Eastern alfalfa market. In 2016, South Africa emerged as a winner as the demand increased due to the worst drought in Africa. Prices saw a historical threefold increase.
This study provides an in-depth analysis of the African alfalfa hay market. The study discusses the scope, size, and growth of the industry. The alfalfa hay market is segmented on the basis of product type into bales, pellets, and cubes. By application, the market is segmented into meat/dairy animal feed, poultry feed, horse feed, and other applications. By geography, the market is segmented into South Africa and others. The study covers competitors' analysis, production, consumption, exports and imports, market value, price dynamics, and seasonality factors.
|By Product Type|
|Meat/Dairy Animal Feed|
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The increasing demand for high-quality hay, for increasing milk production in dairy cattle, is the key driving factor for the global alfalfa market. Moreover, owing to the benefits of alfalfa, including high nutritional content, a rich source for protein, and high energy, which help improve lactation, reproduction, maintenance, and growth of the livestock, the global alfalfa market is expected to grow significantly in the near future. This increasing demand for nutrient feed is driving the alfalfa market.
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The population of cattle has been growing at a robust growth rate and rising demand for dairy products and high-quality animal feed, are the major factors, which are thriving the market growth of alfalfa hay across the region. For instance, in Oman, the cattle population enhanced from 374,020 in 2015 to 389,130 in 2017, while it accelerated from 17,412 in 2015 to 21,675 in 2017 in Qatar, which in turn, is driving the demand and consumption of alfalfa hay.
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The African alfalfa hay market is fragmented, with a very few dominant players. Some of the companies that provide alfalfa hay to the African countries are Al Dahra ACX Global Inc., Alfalfa Monegros SL, Border Valley, Bailey Farms, and Anderson Hay & Grain Inc.
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product Type
5.2 By Application
5.2.1 Meat/Dairy Animal Feed
5.2.2 Poultry Feed
5.2.3 Horse feed
5.2.4 Other Applications
5.3 By Geography
18.104.22.168 South Africa
22.214.171.124 Rest of Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Most Adopted Strategies
6.3 Company Profiles
6.3.1 Al Dahra ACX Global Inc.
6.3.2 Alfalfa Monegros SL
6.3.3 Border Valley
6.3.4 Bailey Farms
6.3.5 Anderson Hay & Grain Inc.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS