North America Alfalfa Hay Market Size

Statistics for the 2023 & 2024 North America Alfalfa Hay market size, created by Mordor Intelligence™ Industry Reports. North America Alfalfa Hay size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of North America Alfalfa Hay Industry

CAGR
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 6.40 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

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North America Alfalfa Hay Market Analysis

North America Alfalfa Hay Market is projected to grow at a CAGR of 6.4% during the forecast period (2020-2025). Livestock is a major factor responsible for the growth of the global alfalfa hay market. There has been an immense pressure on the livestock sector to meet the increasing demand for high-value animal protein. Alfalfa hay has become a viable option to feed livestock in the region. By Application, Meat/Dairy animal feed is the largest growing segment in the market as dairy producers are known to be the major buyers of the alfalfa hay

North America Alfalfa Hay Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)