South Africa Alfalfa Market

South Africa Alfalfa Market

Segments - by Types (Pellets, Bales, and Cubes), Applications (Horse Feed, Poultry Feed, Meat and Dairy Animal Feed, and Other Applications), and Country (South Africa) - South Africa Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-1699
  • Author: Growth Market Reports
  • Rating: 4.2
  • Total Reviews: 79
  • No. Of Pages: 176
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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.

South Africa Alfalfa Market Outlook

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.

Alfalfa 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 Alfalfa Marekt 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

Alfalfa 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.

South Africa Alfalfa Market types

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.

South Africa Alfalfa Market application

Segments

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

 

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.

South Africa Alfalfa Market keyplayers

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 Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Alfalfa Market Size and Volume Forecast by Applications
     6.3.1. Semiconductor Manufacturing
     6.3.2. Geological Institutes
     6.3.3. Forensic Laboratories
     6.3.4. Medical Research Institutes
     6.3.5. Food Analysis
     6.3.6. Others
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Alfalfa Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Alfalfa Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Alfalfa Demand Share Forecast, 2019-2026
8. North 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
  8.2. North America Alfalfa Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North 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. North America Alfalfa Market Size and Volume Forecast by Applications
     8.7.1. Semiconductor Manufacturing
     8.7.2. Geological Institutes
     8.7.3. Forensic Laboratories
     8.7.4. Medical Research Institutes
     8.7.5. Food Analysis
     8.7.6. Others
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Alfalfa Demand Share Forecast, 2019-2026
9. Latin America 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. Latin America Average Pricing Analysis
  9.2. Latin America Alfalfa Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America 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. Latin America Alfalfa Market Size and Volume Forecast by Applications
     9.7.1. Semiconductor Manufacturing
     9.7.2. Geological Institutes
     9.7.3. Forensic Laboratories
     9.7.4. Medical Research Institutes
     9.7.5. Food Analysis
     9.7.6. Others
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Alfalfa Demand Share Forecast, 2019-2026
10. Europe 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. Europe Average Pricing Analysis
  10.2. Europe Alfalfa Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe 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. Europe Alfalfa Market Size and Volume Forecast by Applications
     10.7.1. Semiconductor Manufacturing
     10.7.2. Geological Institutes
     10.7.3. Forensic Laboratories
     10.7.4. Medical Research Institutes
     10.7.5. Food Analysis
     10.7.6. Others
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Alfalfa Demand Share Forecast, 2019-2026
11. Asia Pacific 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. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Alfalfa Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific 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. Asia Pacific Alfalfa Market Size and Volume Forecast by Applications
     11.7.1. Semiconductor Manufacturing
     11.7.2. Geological Institutes
     11.7.3. Forensic Laboratories
     11.7.4. Medical Research Institutes
     11.7.5. Food Analysis
     11.7.6. Others
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Alfalfa Demand Share Forecast, 2019-2026
12. Middle East & Africa Alfalfa Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Alfalfa Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Alfalfa Market Size and Volume Forecast by Types
     12.4.1. Pellets
     12.4.2. Bales
     12.4.3. Cubes
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Alfalfa Market Size and Volume Forecast by Applications
     12.7.1. Semiconductor Manufacturing
     12.7.2. Geological Institutes
     12.7.3. Forensic Laboratories
     12.7.4. Medical Research Institutes
     12.7.5. Food Analysis
     12.7.6. Others
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Alfalfa Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Alfalfa Market: Market Share Analysis
  13.2. Alfalfa Distributors and Customers
  13.3. Alfalfa Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Hill Top Farmers
     13.4.2. J and Sharp Holdings Pty Ltd.
     13.4.3. Alpha Alfa
     13.4.4. Halmac Trading
     13.4.5. Alfalfa Monegros

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