South Africa Alfalfa Market by Types (Pellets, Bales, and Cubes), Applications (Horse Feed, Poultry Feed, Meat and Dairy Animal Feed, and Other Applications) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The South Africa alfalfa market size was is anticipated to expand at a CAGR of 7.49% during the forecast period, 2021–2028. Growth of the market is attributed to limited land available for grazing animals and rising demand for roughage and forage from animal industries including poultry and dairy.
Alfalfa is also known as Medicago Sativa and Lucerne, cultivated as an important forage crop in various countries. It is commonly used for hay, gazing, silage, and as a cover crop and green manure. It is cultivated as forage for cattle, harvested as hay and also be converted into silage or grazed. It is used for feeding animals such as cattle, horses, goats, sheep and dairy cows as it is highly digestible fiber, has high protein content, diseases resistance, less susceptibility to extreme weather conditions, and high-yield.
United Arab Emirates, Qatar, Saudi Arabia, Namibia, and Botswana are major importers of South African alfalfa. Alfalfa is mostly grown as a dry land crop under irrigated conditions and is cultivated on large-scale in Hopetown, Jankempdorp, Jacobsdal, and Douglas regions of South Africa. South African Lucerne is certified for the quality of lucerne depending on the amount of fiber and protein by National Lucerne Trust under the National Lucerne Trust’s new lucerne hay quality index.
Market Trends, Drivers, Restraints, and Opportunities
- Growing demand of hay for increasing milk production is expected to drive the alfalfa market during the forecast period.
- Rapid growth of the animal husbandry industry is key factor spurring the market in the coming years.
- Increasing demand for dairy products is estimated to fuel the market.
- High cost of alfalfa has led the manufacturers to find for replacement is estimated to impede the market growth.
- Competition of alfalfa with high value crops act as key factor that can hinder the market growth.
- Governments water changing restriction policies possess as major challenge that can restrict the market in the coming years.
- Rising demand for nutrient feed is anticipated to create lucrative opportunities for the market players.
Scope of the Report
The report on the South Africa alfalfa market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
South Africa Alfalfa Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Types (Pellets, Bales, and Cubes), Applications (Horse Feed, Poultry Feed, Meat and Dairy Animal Feed, and Other Applications) |
|
Country |
South Africa |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
Hill Top Farmers, J and Sharp Holdings Pty Ltd., Alpha Alfa, Halmac Trading, and Alfalfa Monegros |
Market Segment Insights:
The bales segment is projected to constitute a major market share
In terms of types, the South Africa alfalfa market is segmented into pellets, bales, and cubes. The bales segment is expected to hold a key share of the market in the coming years owing to easy transportability, availability in many sizes, and weights. Bales are the commonly used type in alfalfa with various specifications such as three string bales up to six string bales weighing up to half tons, two string bales, round bales with diameter weighing 500 to 100 kg, and square bales weighing 25 to 35 kg. Pellets and bales are packed with nutrients including calcium, high in fibers and are viable source of digestible protein which is beneficial for animals. High fiber content in alfalfa is ideal animal feed owing to the fibrous diet requirements of livestock.
The meat and dairy animal feed segment is projected to represent a large market share
Based on applications, the South Africa alfalfa market is bifurcated into horse feed, poultry feed, meat and dairy animal feed, and other applications. The meat and dairy animal feed segment is expected to account for a key share of the market during the forecast period due to rising demand for dairy products and processed meats as it is cost effective protein source. The demand for high-quality alfalfa is rising which is useful in increasing milk production in dairy cattle. Alfalfa helps in improving the lactation, reproduction, and growth of the livestock.
Segments
Segments Covered in the Report
The South Africa alfalfa market has been segmented on the basis of
Type
- Pellets
- Bales
- Cubes
Application
- Horse Feed
- Poultry Feed
- Meat and Dairy Animal Feed
- Other Applications
Key Players
- Hill Top Farmers
- J and Sharp Holdings Pty Ltd.
- Alpha Alfa
- Halmac Trading
- Alfalfa Monegros
Competitive Landscape
Key players competing in the South Africa alfalfa market include Hill Top Farmers, J and Sharp Holdings Pty Ltd., Alpha Alfa, Halmac Trading, and Alfalfa Monegros. Some of these players are focusing on several business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Alfalfa Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Alfalfa Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Alfalfa Market - Supply Chain
4.5. Global Alfalfa Market Forecast
4.5.1. Alfalfa Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Alfalfa Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Alfalfa Market Absolute $ Opportunity
5. Global Alfalfa Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Alfalfa Market Size and Volume Forecast by Types
5.3.1. Pellets
5.3.2. Bales
5.3.3. Cubes
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Alfalfa Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Alfalfa Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Alfalfa Demand Share Forecast, 2019-2026
7. North America Alfalfa Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Alfalfa Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Alfalfa Market Size and Volume Forecast by Types
7.4.1. Pellets
7.4.2. Bales
7.4.3. Cubes
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Alfalfa Demand Share Forecast, 2019-2026
8. Latin America Alfalfa Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Alfalfa Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Alfalfa Market Size and Volume Forecast by Types
8.4.1. Pellets
8.4.2. Bales
8.4.3. Cubes
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Alfalfa Demand Share Forecast, 2019-2026
9. Europe Alfalfa Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Alfalfa Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Alfalfa Market Size and Volume Forecast by Types
9.4.1. Pellets
9.4.2. Bales
9.4.3. Cubes
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Alfalfa Demand Share Forecast, 2019-2026
10. Asia Pacific Alfalfa Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Alfalfa Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Alfalfa Market Size and Volume Forecast by Types
10.4.1. Pellets
10.4.2. Bales
10.4.3. Cubes
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Alfalfa Demand Share Forecast, 2019-2026
11. Middle East & Africa Alfalfa Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Alfalfa Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Alfalfa Market Size and Volume Forecast by Types
11.4.1. Pellets
11.4.2. Bales
11.4.3. Cubes
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Alfalfa Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Alfalfa Market: Market Share Analysis
12.2. Alfalfa Distributors and Customers
12.3. Alfalfa Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Hill Top Farmers
12.4.2. J and Sharp Holdings Pty Ltd.
12.4.3. Alpha Alfa
12.4.4. Halmac Trading
12.4.5. Alfalfa Monegros
2. Assumptions and Acronyms Used
3. Research Methodology
4. Alfalfa Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Alfalfa Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Alfalfa Market - Supply Chain
4.5. Global Alfalfa Market Forecast
4.5.1. Alfalfa Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Alfalfa Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Alfalfa Market Absolute $ Opportunity
5. Global Alfalfa Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Alfalfa Market Size and Volume Forecast by Types
5.3.1. Pellets
5.3.2. Bales
5.3.3. Cubes
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Alfalfa Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Alfalfa Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Alfalfa Demand Share Forecast, 2019-2026
7. North America Alfalfa Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Alfalfa Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Alfalfa Market Size and Volume Forecast by Types
7.4.1. Pellets
7.4.2. Bales
7.4.3. Cubes
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Alfalfa Demand Share Forecast, 2019-2026
8. Latin America Alfalfa Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Alfalfa Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Alfalfa Market Size and Volume Forecast by Types
8.4.1. Pellets
8.4.2. Bales
8.4.3. Cubes
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Alfalfa Demand Share Forecast, 2019-2026
9. Europe Alfalfa Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Alfalfa Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Alfalfa Market Size and Volume Forecast by Types
9.4.1. Pellets
9.4.2. Bales
9.4.3. Cubes
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Alfalfa Demand Share Forecast, 2019-2026
10. Asia Pacific Alfalfa Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Alfalfa Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Alfalfa Market Size and Volume Forecast by Types
10.4.1. Pellets
10.4.2. Bales
10.4.3. Cubes
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Alfalfa Demand Share Forecast, 2019-2026
11. Middle East & Africa Alfalfa Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Alfalfa Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Alfalfa Market Size and Volume Forecast by Types
11.4.1. Pellets
11.4.2. Bales
11.4.3. Cubes
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Alfalfa Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Alfalfa Market: Market Share Analysis
12.2. Alfalfa Distributors and Customers
12.3. Alfalfa Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Hill Top Farmers
12.4.2. J and Sharp Holdings Pty Ltd.
12.4.3. Alpha Alfa
12.4.4. Halmac Trading
12.4.5. Alfalfa Monegros
Segments Covered in the Report
The South Africa alfalfa market has been segmented on the basis of
Type
- Pellets
- Bales
- Cubes
Application
- Horse Feed
- Poultry Feed
- Meat and Dairy Animal Feed
- Other Applications
Key Players
- Hill Top Farmers
- J and Sharp Holdings Pty Ltd.
- Alpha Alfa
- Halmac Trading
- Alfalfa Monegros
Key players competing in the South Africa alfalfa market include Hill Top Farmers, J and Sharp Holdings Pty Ltd., Alpha Alfa, Halmac Trading, and Alfalfa Monegros. Some of these players are focusing on several business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
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