Report

Saudi Arabia Alfalfa Hay Market Report and Fo...

143 pages Nov 2024
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Saudi Arabia Alfalfa Hay Market Report and Forecast 2032

Saudi Arabia Alfalfa Hay Market Share, Size, Analysis, Growth, and Report - By Type (Bales, Cubes, Pellets), By Application (Daily Animal Feed, Poultry Feed, Horse Feed, Others), and Others

  • Energy & Natural Resources
  • Pages : 143
  • Nov 2024
  • Report Format :  

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Saudi Arabia Alfalfa Hay Market Insights & Analysis

The Saudi Arabia Alfalfa Hay Market is anticipated to register a CAGR of around 6.75% during the forecast period, i.e., 2025-32. Also, the market size was valued at nearly USD 612.5 Million in 2032. The industry is foreseen to flourish in the forthcoming years due to the rising need for high-quality hay for dairy & animal production, alfalfa hay costs, and the benefits of alfalfa over other alternative feeds in terms of health. In several regions of Saudi Arabia, livestock products continue to be the preferred food for animals due to their high nutritional content & flavor.

However, forage production is prohibited, and ecological considerations, including the nation's limited water supplies are the primary obstacles to this industry. Moreover, in addition to the exponential growth of the cattle feed industry across the global landscape and the rapidly surging demand for nutrient-dense animal feed, the supply of nutritionally balanced compound feed to milk producers and the increase in livestock production in emerging regions to meet animal population demand are the key factors driving Saudi Arabia Alfalfa Hay Market growth.

Saudi Arabia Alfalfa Hay Market FY32

Description of Image
  • Study Period: 2020- 2032

  • Base Year: 2024

  • CAGR(2025-2032): 6.75%

  • Market Value 2032: USD 612.5 Million

  • Major Players: Almarai, National Agriculture Development Company, Alfalfa Monegros, Al Dahra ACX, Anderson Hay & Grain Co, Inc., Border Valley Trading, LLC, Bailee Valley, Barenbrug Holding B.V, and Others 

Furthermore. the market is envisioned to upscale over the next several years owing to the elevated investment in the establishment of large-scale dairy operations & the increased attention being paid to the introduction of advanced technical advances by major corporations. Also, the main goals of government programs are to promote indigenous manufacturing & lessen dependency on imports. Concerns about food security brought on by population growth & climate change have amplified demand for alfalfa hay as a dependable & wholesome source of animal feed. Additionally, precision agriculture & other technological developments in farming techniques maximize productivity while cutting expenses.

Besides, the employment of modern technology in cultivation & processing, the increasing demand for organic & sustainable products, and the expanding usage of hybrid seeds are some of the major factors affecting the Saudi Arabian alfalfa hay market. Due to its cost-effectiveness & hospitable climate, the industry is also seeing an increase in Alfalfa Hay exports to nearby nations. Further supporting market expansion are government programs aimed at encouraging Alfalfa Hay production and use.


Saudi Arabia Alfalfa Hay Market Report and Forecast 2032

Saudi Arabia Alfalfa Hay Market Dynamics

  • Infusing Demand for Animal Feed to Instigate the Market Growth Graph

As alfalfa consists vital proteins, vitamins, and minerals it is considered as an exceptionally nutrient-dense animal feed that could aid in maintaining the healthy life of the animals. The expanding dairy & livestock industries in Saudi Arabia are also driving up need for high-quality animal feed. Also, the domestic cattle sector is investing in nutrient-dense feed options like alfalfa to enhance productivity & improve animal health as Saudi Arabia works to achieve food security and lessen dependency on imports. The Saudi Arabian Alfalfa Hay Market is expanding as a result of this need.

  • Water Scarcity & Resource Limitations to Hinder the Industry Expansion

Due to the arid climate & scarcity of natural water resources in Saudi Arabia, large-scale alfalfa farming is challenging & unsustainable for the ecosystem. Given alfalfa's high water necessity, home production of the crop could decrease, with existing severely stressed groundwater supplies. The government has implemented laws to limit the growing of crops that require a lot of water, such as alfalfa, in order to save limited water supplies. Thus, in line with this policy change, local alfalfa production has declined, which has affected domestic supply availability and hindered the Saudi Arabia Alfalfa Hay Market's revenues.

Saudi Arabia Alfalfa Hay Market Segment-wise Analysis

By Type:

  • Bales
  • Pellets
  • Cubes

The Bales sector is considered to be the most prominent segment in the Saudi Arabian Alfalfa Hay Market, by grabbing the biggest market share over the past period. The major objective for which bales alfalfa hay is utilized is that it is convenient to handle, store, and transport, meeting the requirements of animal farms throughout the area. Moreover, farmers can handle large amounts of hay more easily owing to the bales format's effective stacking & storing capabilities.

Furthermore, bales are adaptable and could be deployed for a variety of livestock requirements, such as dairy, beef, and sheep farming, all of which are crucial in Saudi Arabia Agricultural Industry. Also, bales are the most popular option in the Saudi Arabian Alfalfa Hay Market because of their versatility and ease of usage.

By Application:

  • Daily Animal Feed
  • Poultry Feed
  • Horse Feed
  • Others

The Poultry Feed is envisioned to capture the potential share of the Saudi Arabian Alfalfa Hay Market in the forecast years. The increasing need for chicken products, like eggs & meat has made poultry farming a major part of the country’s agricultural industry. The great nutritional profile of alfalfa hay makes it a prevalent feed as it promotes healthy growth, improves egg production, and enhances the quality of the meat.

Additionally, in order to guarantee appropriate nutrition & satisfy the dietary requirements of chickens, there is a substantial requirement in the poultry sector for premium, nutrient-dense feed, like alfalfa hay. Also, the Saudi government's emphasis on boosting food production self-sufficiency has greatly aided the poultry market, which has elevated demand for dependable feed supplies. As a result, the poultry feed is foreseen to be one of the most prominent segment of the Saudi Arabia Alfalfa Hay Market during 2025-32.

What Does Our Saudi Arabia Alfalfa Hay Market Research Study Entail?

  • Saudi Arabia Alfalfa Hay Market Research Report highlights the forecast growth rate or CAGR by anticipating the market size & share.
  • The market analysis puts light upon the primary industry trends, driving aspects, potential opportunities, growth challenges, and other major factors.
  • Saudi Arabia Alfalfa Hay Market Research Report entails details about the most critical shifts in market share in the prominent regions.
  • Considering the statistics & the developments by the primary market competitors, our report also strives to demonstrate the most sought-after strategies of the key players.


Table of Contents

  1. Introduction
    1. Objective of the study
    2. Product Definition
    3. Market Segmentation
    4. Study Variables
  2. Research Methodology
    1. Secondary Data Points
      1. Companies Interviewed
    2. Primary Data Points
      1. Break Down of Primary Interviews
  3. Executive Summary
  4. Market Dynamics
    1. Drivers
    2. Challenges
    3. Opportunity Assessment
  5. Recent Trends and Developments
  6. Policy and Regulatory Landscape
  7. Saudi Arabia Alfalfa Hay Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Share, By Type
      1. Bales
      2. Cubes
      3. Pellets
    3. Market Share, By Application:
      1. Daily Animal Feed
      2. Poultry Feed
      3. Horse Feed
      4. Others
    4. Market Share, By Region
      1. North
      2. East
      3. West
      4. South
      5. Central
    5. Market Share, By Competitors
      1. Competition Characteristics
      2. Revenue Shares
  8. Saudi Arabia Bales Alfalfa Hay Market Overview, 2020-2032F
    1. By Value (USD Million)
    2. By Application Market Size & Forecast 2019-2030, USD Million
  9. Saudi Arabia Cubes Alfalfa Hay Market Overview, 2020-2032F
    1. By Value (USD Million)
    2. By Application Market Size & Forecast 2019-2030, USD Million
  10. Saudi Arabia Pellets Alfalfa Hay Market Overview, 2020-2032F
    1. By Value (USD Million)
    2. By Application Market Size & Forecast 2019-2030, USD Million
  11. Competitive Outlook (Company Profile - Partila List)
    1. Almarai
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    2. National Agriculture Development Company
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    3. Alfalfa Monegros
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    4. Al Dahra ACX
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    5. Anderson Hay & Grain Co, Inc.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    6. Border Valley Trading, LLC
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    7. Bailee Valley
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    8. Barenbrug Holding B.V
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    9. Cubeit Hay Company
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    10. Others
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
  12. Contact Us & Disclaimer

List of Figure

Figure 1: Market Segmentation of Saudi Arabia Alfalfa Hay Market
Figure 2: Study Variables Framework
Figure 3: Research Methodology Flowchart
Figure 4: Secondary Data Points Overview
Figure 5: Companies Interviewed by Segment
Figure 6: Primary Data Points Breakdown
Figure 7: Breakdown of Primary Interviews by Stakeholder Type
Figure 8: Executive Summary - Market Snapshot
Figure 9: Saudi Arabia Alfalfa Hay Market Drivers
Figure 10: Saudi Arabia Alfalfa Hay Market Challenges
Figure 11: Opportunity Assessment in Saudi Arabia Alfalfa Hay Market
Figure 12: Recent Trends and Developments in Alfalfa Hay Market
Figure 13: Policy and Regulatory Landscape Affecting Saudi Arabia Alfalfa Hay Market

Figure 14: Saudi Arabia Alfalfa Hay Market Size by Value (2020-2032)
Figure 15: Market Share by Alfalfa Hay Type (Bales, Cubes, Pellets)
Figure 16: Market Share by Application (Daily Animal Feed, Poultry Feed, Horse Feed, Others)
Figure 17: Regional Market Share Distribution (North, East, West, South, Central)
Figure 18: Market Share by Competitors

Figure 19: Competition Characteristics in Saudi Arabia Alfalfa Hay Market
Figure 20: Revenue Shares of Key Competitors

Figure 21: Saudi Arabia Bales Alfalfa Hay Market Size & Forecast (USD Million)
Figure 22: Application-wise Market Size & Forecast for Bales (2019-2030)

Figure 23: Saudi Arabia Cubes Alfalfa Hay Market Size & Forecast (USD Million)
Figure 24: Application-wise Market Size & Forecast for Cubes (2019-2030)

Figure 25: Saudi Arabia Pellets Alfalfa Hay Market Size & Forecast (USD Million)
Figure 26: Application-wise Market Size & Forecast for Pellets (2019-2030)

Figure 27: Competitive Outlook - Almarai Company Overview
Figure 28: Almarai Business Segments Breakdown
Figure 29: Almarai Strategic Alliances and Partnerships
Figure 30: Almarai Recent Developments Timeline

Figure 31: National Agriculture Development Company Overview
Figure 32: National Agriculture Development Company Business Segments
Figure 33: Strategic Alliances/Partnerships of National Agriculture Development Company
Figure 34: Recent Developments by National Agriculture Development Company

Figure 35: Alfalfa Monegros Company Overview
Figure 36: Alfalfa Monegros Business Segments
Figure 37: Strategic Alliances/Partnerships of Alfalfa Monegros
Figure 38: Recent Developments by Alfalfa Monegros

Figure 39: Al Dahra ACX Company Overview
Figure 40: Al Dahra ACX Business Segments
Figure 41: Strategic Alliances/Partnerships of Al Dahra ACX
Figure 42: Recent Developments by Al Dahra ACX

Figure 43: Anderson Hay & Grain Co, Inc. Company Overview
Figure 44: Anderson Hay & Grain Business Segments
Figure 45: Anderson Hay & Grain Strategic Alliances/Partnerships
Figure 46: Anderson Hay & Grain Recent Developments

Figure 47: Border Valley Trading, LLC Company Overview
Figure 48: Border Valley Trading Business Segments
Figure 49: Border Valley Trading Strategic Alliances/Partnerships
Figure 50: Border Valley Trading Recent Developments

Figure 51: Bailee Valley Company Overview
Figure 52: Bailee Valley Business Segments
Figure 53: Bailee Valley Strategic Alliances/Partnerships
Figure 54: Bailee Valley Recent Developments

Figure 55: Barenbrug Holding B.V Company Overview
Figure 56: Barenbrug Holding Business Segments
Figure 57: Barenbrug Holding Strategic Alliances/Partnerships
Figure 58: Barenbrug Holding Recent Developments

Figure 59: Cubeit Hay Company Overview
Figure 60: Cubeit Hay Business Segments
Figure 61: Cubeit Hay Strategic Alliances/Partnerships
Figure 62: Cubeit Hay Recent Developments

Figure 63: Other Companies Overview & Market Presence
Figure 64: Contact Information and Disclaimer

List of Table

Table 1: Objective of the Study
Table 2: Product Definition and Specifications
Table 3: Market Segmentation Criteria
Table 4: Study Variables Description
Table 5: Research Methodology Details
Table 6: Summary of Secondary Data Sources
Table 7: Companies Interviewed for Primary Research
Table 8: Primary Data Points Collected
Table 9: Breakdown of Primary Interviews by Respondent Type
Table 10: Executive Summary Key Metrics

Table 11: Market Drivers Analysis
Table 12: Market Challenges Overview
Table 13: Opportunity Assessment Matrix
Table 14: Recent Trends and Developments Summary
Table 15: Policy and Regulatory Overview

Table 16: Saudi Arabia Alfalfa Hay Market Size (USD Billion) 2020-2032
Table 17: Market Share by Type (Bales, Cubes, Pellets)
Table 18: Market Share by Application (Daily Animal Feed, Poultry Feed, Horse Feed, Others)
Table 19: Market Share by Region (North, East, West, South, Central)
Table 20: Market Share by Key Competitors

Table 21: Competition Characteristics of Major Players
Table 22: Revenue Shares of Leading Competitors

Table 23: Saudi Arabia Bales Alfalfa Hay Market Size and Forecast (USD Million)
Table 24: Bales Market Size by Application (2019-2030)

Table 25: Saudi Arabia Cubes Alfalfa Hay Market Size and Forecast (USD Million)
Table 26: Cubes Market Size by Application (2019-2030)

Table 27: Saudi Arabia Pellets Alfalfa Hay Market Size and Forecast (USD Million)
Table 28: Pellets Market Size by Application (2019-2030)

Table 29: Almarai - Company Profile Data
Table 30: Almarai Business Segments Details
Table 31: Almarai Strategic Alliances and Partnerships
Table 32: Almarai Recent Developments

Table 33: National Agriculture Development Company - Profile
Table 34: Business Segments of National Agriculture Development Company
Table 35: Strategic Partnerships of National Agriculture Development Company
Table 36: Recent Developments of National Agriculture Development Company

Table 37: Alfalfa Monegros - Company Overview
Table 38: Alfalfa Monegros Business Segments
Table 39: Strategic Alliances of Alfalfa Monegros
Table 40: Recent Developments of Alfalfa Monegros

Table 41: Al Dahra ACX - Company Overview
Table 42: Al Dahra ACX Business Segments
Table 43: Strategic Partnerships of Al Dahra ACX
Table 44: Recent Developments of Al Dahra ACX

Table 45: Anderson Hay & Grain Co., Inc. - Profile
Table 46: Anderson Hay & Grain Business Segments
Table 47: Strategic Alliances of Anderson Hay & Grain
Table 48: Recent Developments of Anderson Hay & Grain

Table 49: Border Valley Trading, LLC - Company Overview
Table 50: Border Valley Trading Business Segments
Table 51: Strategic Alliances of Border Valley Trading
Table 52: Recent Developments of Border Valley Trading

Table 53: Bailee Valley - Company Profile
Table 54: Bailee Valley Business Segments
Table 55: Bailee Valley Strategic Alliances
Table 56: Bailee Valley Recent Developments

Table 57: Barenbrug Holding B.V - Company Overview
Table 58: Barenbrug Holding Business Segments
Table 59: Strategic Alliances of Barenbrug Holding
Table 60: Recent Developments of Barenbrug Holding

Table 61: Cubeit Hay Company - Profile
Table 62: Cubeit Hay Business Segments
Table 63: Strategic Alliances of Cubeit Hay
Table 64: Recent Developments of Cubeit Hay

Table 65: Other Companies Overview and Market Presence

Companies Mentioned

  • Almarai
  • National Agriculture Development Company
  • Alfalfa Monegros
  • Al Dahra ACX
  • Anderson Hay & Grain Co, Inc.
  • Border Valley Trading, LLC
  • Bailee Valley
  • Barenbrug Holding B.V
  • Cubeit Hay Company
  • Others

Frequently Asked Questions

   A. The Saudi Arabia Alfalfa Hay Market is anticipated to witness a rise at a CAGR of around 6.75% during the forecast period, i.e., 2025-32.

   A. The infusing demand for animal feed to instigate the Saudi Arabia Alfalfa Hay Market growth graph through 2032.

   A. The water scarcity & resource limitations to hinder the Saudi Arabia Alfalfa Hay Market growth.

   A. The leading companies in the Saudi Arabia Alfalfa Hay Market are Almarai, National Agriculture Development Company, Alfalfa Monegros, Al Dahra ACX, Anderson Hay & Grain Co, Inc., Border Valley Trading, LLC, Bailee Valley, Barenbrug Holding B.V, Cubeit Hay Company, Others