Market Trends of North America Alfalfa Hay Industry
This section covers the major market trends shaping the North America Alfalfa Hay Market according to our research experts:
Increasing Animal Production is Driving the Market
The increasing demand for animal-based products is driving the market for alfalfa in the region. For instance, In Canada, the commercial chicken and turkey meat production totaled 1.43 billion kilograms in 2018. The demand for poultry and egg products is growing. Over the last five years, food availability increased annually on average by 2.3% for chicken, 1.4% for turkey, and 2.5% for eggs. Alfalfa has become a viable option for poultry feed as the alfalfa pellet segment has its major application in poultry feed for its ease to consume and distracts the birds, consequently, stimulates scratching behavior. The protein, mineral, and vitamin content in alfalfa promotes reproductive ability and improves meat and egg quality. The yellow color of egg yolk and pink color of poultry meat are attained by vitamin E provided by alfalfa feed.
United States Dominates the Market
The United States is one of the major countries in North America for alfalfa market owing to the favorable dry conditions, modern infrastructure and advanced transportation systems are the major factors, which are driving the production, exports, and market growth of alfalfa hay in the country. Some of the major alfalfa hay producing states in the United States is California with 5,175 thousand metric tons, Idaho with 4,400 thousand metric ton, Montana with 3,150 thousand metric tons), and Minnesota with 2,610 thousand metric ton in 2017. These accounted for around 27% of the alfalfa production in the country. China, Japan, Saudi Arabia, and the United Arab Emirates are the major export destinations to the United States
