Alfalfa Market Analysis, Opportunity, Demand, Share, Size & Forecast
The global alfalfa market is expected to witness significant growth during the forecast period on account of increasing demand for forage and roughage from the animal husbandry industries such as dairy, poultry, etc. In addition to this, the growth in the global alfalfa market can be attributed to the shrinking or limited land availability for grazing animals. The increasing consumption of meat, poultry, and dairy products by the growing population is driving the demand for alfalfa as it is a highly proteinaceous and digestible fiber-rich content animal feed. Alfalfa is a legume hay and is sometimes also called “lucerne”. It is a type of livestock forage for animal feed that contains high protein and digestible fiber content. They are mainly used for feeding dairy cows, horses, cattle, sheep, and goats. In terms of regional analysis, North America, particularly the United States is the largest producer as well as exporter of alfalfa owing to the country’s excellent ...