Market Size of Africa Alfalfa Hay Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 9.70 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Africa Alfalfa Hay Market Analysis
The African alfalfa hay market is projected to register a CAGR of 9.7% during the forecast period.
- Alfalfa plays a significant role as a type of livestock forage for animal feed due to its high protein and digestible fiber content. Alfalfa hay enhances the growth and development of animals at a faster rate and improves milk productivity. Thus, dependence on alfalfa hay for animal feed may continue to drive the market over the forecast period.
- Alfalfa hay is mainly used for feeding dairy cows, cattle, horses, sheep, and goats. The increasing demand for dairy and animal products, shrinking land for grazing animals, growth in high-yielding cattle, and demand for cattle feed are driving the alfalfa hay market in the region.
- Sudan is the largest producer in Africa, followed by South Africa. Sudan has an advantage due to its geographical location, climate, and water resources from the Nile and has become a key player in the Middle-Eastern alfalfa market. Some of the firms, which are engaged in alfalfa production, have also initiated dairy farming locally in Sudan, with the aim of exporting value-added live calves and meat products, especially to countries such as the United Arab Emirates, Qatar, and Saudi Arabia. Further, the price of alfalfa hay has been declining in the country, which may lead to a diminution in domestic consumption over the coming years.
- In recent years, South Africa emerged as a market leader as demand increased due to the worst drought in Africa. South Africa's alfalfa (Lucerne) has been exported globally because of its quality and grading. Over the long term, the growing cattle population and increasing demand for quality feed are anticipated to drive the market's growth.