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Report Overview
The global alfalfa pellets market size attained a value of USD 446.08 Million in 2024. The market is expected to grow at a CAGR of 4.90% between 2025 and 2034, reaching almost USD 719.73 Million by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
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According to the Food and Agriculture Organisation (FAO), poultry meat is predicted to account for 41% of all protein derived from meat sources globally in 2030.
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Alfalfa pellets with about 17% crude protein provide animals with a nutritional value equivalent to mature alfalfa hay.
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World milk production is projected to grow to 997 Mt by 2029.
Competitive Landscape
Market players are increasing their collaborations and partnerships to stay ahead in the market.
- Al Dahra Group
- Navarra Aragonesa De Forrajes, S.A.U. (Nafosa)
- Gruppo Carli
- Harlan Feed
- Manzanola Feeds, LLC
- Daurio Brothers Alfalfa Company
- Sacate Pellet Mills, Inc.
- AJD Agro Ltd.
- Others
Alfalfa Pellets Market Report Snapshots
Alfalfa Pellets Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the alfalfa pellets market reached an approximate value of USD 446.08 Million.
The market is expected to grow at a CAGR of 4.90% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 719.73 Million by 2034.
Alfalfa pellets refer to fodder that are made from ground alfalfa hay and are typically used in animal feeds. They contain extensive amounts of proteins, minerals, and vitamins, and are an excellent source of nitrogen. It Is also high in fibre and is considered an ideal feed choice for various livestock and poultry animals.
The major drivers of the alfalfa pellets market include the increasing use of alfalfa pellets as animal feed, the rich nutritional profile of alfalfa pellets, and the robust growth of the livestock population.
Key trends aiding market expansion include the growing use of alfalfa pellets in poultry feed, the rising cultivation of alfalfa hay, the demand for organic feed, and the rising consumption of animal protein.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Based on type, the market can be divided into alfalfa hay and timothy hay.
The significant applications in the market are meat/dairy animal feed, horse feed, poultry feed, and pig feed.
Key players in the market are Al Dahra Group, Navarra Aragonesa De Forrajes, S.A.U. (Nafosa), Gruppo Carli, Harlan Feed, Manzanola Feeds, LLC, Daurio Brothers Alfalfa Company, Sacate Pellet Mills, Inc., AJD Agro Ltd., and others.
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