Alfalfa Market Size to grow by USD 9.03 Bn, Driven by Rising Population of Cattle in Farms - Technavio

NEW YORK, Oct. 14, 2022 /PRNewswire/ -- The Alfalfa Market is expected to grow by USD 9.03 billion from 2021 to 2026, at a CAGR of 7.26% as per the latest market report by Technavio. 43% of the market's growth will originate from North America during the forecast period. Canada and the US are the key markets for alfalfa in North America. However, market growth in this region will be slower than the growth of the market in other regions. The significant increase in the demand for meat and the adoption of healthy animal feed, such as alfalfa, will facilitate the alfalfa market growth in North America over the forecast period.  Technavio report provides an accurate prediction of the contribution of all the regions to the growth of the infrastructure monitoring market size and actionable market insights.

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The global alfalfa market is fragmented, with the presence of global and regional vendors. The vendors are deploying growth strategies such as increasing their production capacities to gain smooth and easy access to the fast-growing developing markets to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Al Dahra ACX Inc. - The company offers HVAC terminal unit products such as electronic controls, pneumatic controls, tri-averaging flow sensors and direct digital simplyVAV.
• Alfalfa Monegros S.L. - The company offers HVAC terminal unit products such as Axis boot diffusers, single-duct terminals and single-duct retrofit terminal.
• Anderson Hay and Grain Co. Inc. - The company offers HVAC terminal unit products such as single duct, fan assist parallel, fan assist series and dual duct.
• Barr AG Ltd. - The company offers HVAC terminal unit products such as single duct vav boxes and fan-powered air terminals.
• Border Valley Trading - The company offers HVAC terminal unit products such as DDC controls, fan-powered with constant volume and fan-powered with variable volume.

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The alfalfa market is driven by rising population of cattle on farms is notably driving the alfalfa market growth, although factors such as stringent regulations may impede the market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge. The alfalfa market analysis report also provides detailed information on other upcoming trends that will have a far-reaching effect on market growth. 

• Hay - size and forecast 2021-2026
• Cubes - size and forecast 2021-2026
• Pellets - size and forecast 2021-2026

• North America - size and forecast 2021-2026
• APAC - size and forecast 2021-2026
• Europe - size and forecast 2021-2026
• South America - size and forecast 2021-2026
• Middle East and Africa - size and forecast 2021-2026

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1 Executive Summary

• 1.1 Market Overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

• 5.1 Market segments 
• Exhibit 24: Chart on Product - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product 
• Exhibit 26: Chart on Comparison by Product
• Exhibit 27: Data Table on Comparison by Product

• 5.3 Hay - Market size and forecast 2021-2026
• Exhibit 28: Chart on Hay - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Hay - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Hay - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Hay - Year-over-year growth 2021-2026 (%)

• 5.4 Cubes - Market size and forecast 2021-2026
• Exhibit 32: Chart on Cubes - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Cubes - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Cubes - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Cubes - Year-over-year growth 2021-2026 (%)

• 5.5 Pellets - Market size and forecast 2021-2026
• Exhibit 36: Chart on Pellets - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Pellets - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Pellets - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Pellets - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Product 
• Exhibit 40: Market opportunity by Product ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 Canada - Market size and forecast 2021-2026
• Exhibit 66: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.9 US - Market size and forecast 2021-2026
• Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 Belgium - Market size and forecast 2021-2026
• Exhibit 78: Chart on Belgium - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Belgium - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Belgium - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Belgium - Year-over-year growth 2021-2026 (%)

• 7.12 Germany - Market size and forecast 2021-2026
• Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Accomazzo Co. 
• Exhibit 93: Accomazzo Co. - Overview
• Exhibit 94: Accomazzo Co. - Product / Service
• Exhibit 95: Accomazzo Co. - Key offerings

• 10.4 Alfalfa Monegros S.L. 
• Exhibit 96: Alfalfa Monegros S.L. - Overview
• Exhibit 97: Alfalfa Monegros S.L. - Product / Service
• Exhibit 98: Alfalfa Monegros S.L. - Key offerings

• 10.5 Anderson Hay and Grain Co. Inc. 
• Exhibit 99: Anderson Hay and Grain Co. Inc. - Overview
• Exhibit 100: Anderson Hay and Grain Co. Inc. - Product / Service
• Exhibit 101: Anderson Hay and Grain Co. Inc. - Key offerings

• 10.6 Barr AG Ltd. 
• Exhibit 102: Barr AG Ltd. - Overview
• Exhibit 103: Barr AG Ltd. - Product / Service
• Exhibit 104: Barr AG Ltd. - Key offerings

• 10.7 Border Valley Trading 
• Exhibit 105: Border Valley Trading - Overview
• Exhibit 106: Border Valley Trading - Product / Service
• Exhibit 107: Border Valley Trading - Key offerings

• 10.8 Cubeit Hay Co. 
• Exhibit 108: Cubeit Hay Co. - Overview
• Exhibit 109: Cubeit Hay Co. - Product / Service
• Exhibit 110: Cubeit Hay Co. - Key offerings

• 10.9 Green Prairie International Inc. 
• Exhibit 111: Green Prairie International Inc. - Overview
• Exhibit 112: Green Prairie International Inc. - Product / Service
• Exhibit 113: Green Prairie International Inc. - Key offerings

• 10.10 Haykingdom Inc. 
• Exhibit 114: Haykingdom Inc. - Overview
• Exhibit 115: Haykingdom Inc. - Product / Service
• Exhibit 116: Haykingdom Inc. - Key offerings

• 10.11 SL Follen Co. 
• Exhibit 117: SL Follen Co. - Overview
• Exhibit 118: SL Follen Co. - Product / Service
• Exhibit 119: SL Follen Co. - Key offerings

• 10.12 Standlee Premium Products LLC 
• Exhibit 120: Standlee Premium Products LLC - Overview
• Exhibit 121: Standlee Premium Products LLC - Product / Service
• Exhibit 122: Standlee Premium Products LLC - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 123: Inclusions checklist
• Exhibit 124: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 125: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 126: Research methodology
• Exhibit 127: Validation techniques employed for market sizing
• Exhibit 128: Information sources

• 11.5 List of abbreviations 
• Exhibit 129: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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