African Alfalfa Hay Market (2022 - 2027): Al Dahra ACX Global, Alfalfa Monegros, Border Valley, Bailey Farms, and Anderson Hay & Grain Dominate - ResearchAndMarkets.com

COVID-19 has resulted in a negative impact on the alfalfa hay market in Africa.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Monday, April 18, 2022
Information
Tags: 
Agriculture, Natural Resources, Investment, Climate, Bailey Farm, COVID-19, Goat, Milk, Taste, Reproduction, Cattle, Dairy product, FDI, Sheep, Livestock, Water resources, Food, Employment, Al Dahra Agricultural Company, Area studies, GCC, Environmental impact of meat production, Maintenance, Poultry, Lactation, Income, Horse, African, Legume, Agriculture, Growth
Geotags: 
CHINA, SUDAN, UNITED ARAB EMIRATES, AFRICA, QATAR, OMAN, SAUDI ARABIA, SOUTH AFRICA, LUCERNE
Summary
Key Points: 
  • COVID-19 has resulted in a negative impact on the alfalfa hay market in Africa.
  • Dependence on alfalfa hay for animal feed may continue to drive the alfalfa hay market, globally, over the forecast period.
  • The African alfalfa hay market is fragmented, with a very few dominant players.
  • Some of the companies that provide alfalfa hay to the African countries are Al Dahra ACX Global Inc., Alfalfa Monegros SL, Border Valley, Bailey Farms, and Anderson Hay & Grain Inc.
    Al Dahra ACX Global Inc.


The "Africa Alfalfa Hay Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.

The African alfalfa hay market is projected to register a CAGR of 9.7% during the forecast period (2022-2027).

COVID-19 has resulted in a negative impact on the alfalfa hay market in Africa. The restrictions imposed for the containment of the pandemic have resulted in a shortage of labor, disruption of the availability of raw materials, and breakdown of supply chains. Alfalfa plays a significant role as a type of livestock forage for the animal feed, due to its high protein and digestible fiber content.

The crop is mainly used for feeding dairy cows, cattle, horses, sheep, and goats. Sudan is the largest producer in Africa, followed by South Africa.

Sudan has the advantage due to its geographical location, climate, and water resources from the Nile and has now become a key player in the Middle Eastern alfalfa market. Some of the firms, which are engaged in alfalfa production, have also initiated dairy farming locally in Sudan, with an aim of exporting value-added live calves and meat products, especially to countries, such as the United Arab Emirates, Qatar, and Saudi Arabia, and the price of alfalfa hay has been declining in the country, which may lead to a diminution in the domestic consumption in the coming years.

In recent years, South Africa emerged as a winner as the demand increased due to the worst drought in Africa. South Africa's alfalfa (Lucerne) has been sorted globally because of its quality and grading. Over the long term the growing cattle population and increasing demand for quality feed is anticipated to drive the growth of the market.

Key Market Trends

Demand for Quality Feed

The increasing cattle population, rising demand for milk production in dairy cattle, is the key driving factor for the alfalfa hay market in the country.

Livestock production is an important source of food, employment, and income for much of East Africa's rural population. With the growing concern to improve livestock productivity, the use of alfalfa hay in feed is observed to be steadily increasing in the region.

Livestock products remain the desired food for nutritional value and taste across the region. Dairy products manufacturers are focusing on catering to the increasing demand for alfalfa hay, which was primarily aided by changing consumer preference due to high-income levels.

The use of alfalfa hay is considered essential in animal feed, particularly for poultry feed, due to its crude protein content. Dependence on alfalfa hay for animal feed may continue to drive the alfalfa hay market, globally, over the forecast period.

Owing to the benefits of alfalfa, including high nutritional content, a rich source of protein, and high energy, which help improve lactation, reproduction, maintenance, and growth of the livestock, the alfalfa market is anticipated to grow significantly in the near future.

Increasing Alfalfa hay exports

Jankempdorp, Hopetown, Jacobsdal, Douglas are the major Lucerne hay-producing towns in the Northern Cape, owing to the favorable environmental conditions such as adequate dry and warm conditions, better irrigation water soil, and high-quality soil.? South Africa is also indulged in exporting the Lucerne hay to several countries such as United Arab Emirates, Dubai, Oman, China, and others.

The shortage of Lucerne hay in the United Arab Emirates UAE has stimulated the demand for the alfalfa hay grown in the country, in order to meet the inflating export demand. Also, the growth of the alfalfa hay market in China is a splendid export opportunity for South Africa, which is likely to stimulate the production as well as producer prices for alfalfa hay in the coming years to meet the growing consumer demand in China.?

Further, the Sudanese Ministry of Investment has prepared a lot of new feasibility studies for increasing alfalfa production farms around the country. The increased FDI from GCC countries has fueled the projects under the ministry for increasing production. This would further add to the export opportunities in coming year.

Competitive Landscape

The African alfalfa hay market is fragmented, with a very few dominant players. Some of the companies that provide alfalfa hay to the African countries are Al Dahra ACX Global Inc., Alfalfa Monegros SL, Border Valley, Bailey Farms, and Anderson Hay & Grain Inc.

Companies Mentioned

  • Al Dahra ACX Global Inc.
  • Alfalfa Monegros SL
  • Border Valley
  • Bailey Farms
  • Anderson Hay & Grain Inc.

For more information about this report visit https://www.researchandmarkets.com/r/kv74wv

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