South Africa Alfalfa Market

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

  • Report ID: HC-1699
  • Author: Growth Market Reports
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  • 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.

South Africa Alfalfa Market summary

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.

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

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

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.

South Africa Alfalfa Market keyplayers

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