(MENAFN- The Express Wire) Global Alfalfa Seed Market Top Countries Data 2020 Industry Overview, Key Players Analysis, Emerging Opportunities, Comprehensive Research Study, Competitive Landscape and Potential of Industry from 2020-2024 By 360 Market Updates
Posted on Aug 9 2020 6:07 AM
"Global Alfalfa Seed Market research report 2019 may be a comprehensive business study on this state of business that analyses innovative ways for business growth and describes necessary factors like prime manufacturers, production worth, key regions and rate of growth. This report focuses on Professional Global Alfalfa Seed Market 2019-2025 volume and value at Global level, regional level and company level.
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Global ' Alfalfa Seed Market Report 2020 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Alfalfa Seed in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India.Alfalfa Seed Market report categorizes the market based on manufacturers, regions, type, and application. Alfalfa Seed Market reports offer a detailed assessment of the Alfalfa Seed including enabling technologies, current market situation, market assumptions, restraining factors.
The Global Alfalfa Seed market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
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The global alfalfa seed market is expected to record a robust CAGR of 6.5% during the forecast period (2018-2023). In the United States, alfalfa is used heavily in feeding programs of various livestock due to better yield and quality prospects. Due to its high versatility, alfalfa has been used as hay, silage, grazing, green-chop, or rotation crop. In February 2016, the US Department of Agriculture (USDA) announced the availability of USD 1.85 million for the funding of the Alfalfa and Forage Research Program (AFRP) to improve the yield of alfalfa forage and seed. The program also trains the producers of alfalfa in the best practices that can be used in production and marketing.
Growing Industrial Livestock Production and Rising Demand for Meat & Dairy Products
In developing countries, the annual growth of meat production is projected to be 2.4% and of milk production to be 2.5% by 2030. This is expected to raise the developing countries' share in world meat production to 66% (247 million metric ton) and in milk production to 55% (484 million metric ton) by 2030. The growth in livestock production will create a demand for better forage-crops, as people are highly concerned about the improved quality of meat. The rise in demand for forage-crops can only be backed with better quality forage seeds.
North America to Dominate the Market Growth
The United States is the leading nation in the global alfalfa seeds for sowing market, with a considerable import & export share in the global trade. The US is the largest exporter of alfalfa seeds for sowing globally. US exports represented 25.55% of the global alfalfa seeds for sowing export during 2015. The US also imports alfalfa seeds for sowing from Italy, which had US market share of 2.9% in 2016. During 2016, the US exported alfalfa seeds for sowing worth USD 120.37 million. Saudi Arabia, Mexico, Canada, Argentina, China, Peru, Algeria, and Sudan are the top importers of alfalfa seeds for sowing from the US. During the period of 2010-2015, the US imports of the alfalfa seeds for sowing witnessed a CAGR of 5.0%.
Major Players: MONSANTO COMPANY, LG SEEDS, DYNA-GRO SEEDS, HAZERA SEEDS, AND FORAGE GENETICS INTERNATIONAL, among others.
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The global Alfalfa Seed market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Alfalfa Seed Market Report covers the Top Key-players in 2020:-
- Alforex Seeds LLC
- DLF International Seeds
- DuPont Pioneer
- Dyna-Gro Seed
- Forage Genetics International
- Lacrosse Seed
- LG Seeds
- Monsanto Company
- S & W Seeds Company
- Allied Seed LLC
Highlighted points of Alfalfa Seed Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
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This Alfalfa Seed Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Alfalfa Seed? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Alfalfa Seed Market? What's Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Alfalfa Seed Market? What Was Capacity, Production Value, Cost and PROFIT of Alfalfa Seed Market?
- What Is Current Market Status of Alfalfa Seed Industry? What's Market Competition in This Industry, Both Company, and Country Wise? What's Market Analysis of Alfalfa Seed Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Alfalfa Seed Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Alfalfa Seed Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Alfalfa Seed Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Alfalfa Seed Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Alfalfa Seed Industry?
Key Developments in the Alfalfa Seed Market:
- Major developments in 2017 covered in the report
- And the latest major developments in 2018 covered in the report
Reasons to Purchase this Report
- Identify the dominating and the fastest-growing regions in the global alfalfa seeds market and their growth trends during the forecasted period
- Analyzing various perspectives of the market with the help of Porter's five forces analysis
- To understand which product group and application is expected to dominate the market
- Identify the latest developments, market shares, and strategies employed by the major market players
- 3-month analyst support, along with the Market Estimate sheet (in Excel).
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Finally, the report Global Alfalfa Seed Market 2020 describes the Alfalfa Seed industry expansion game plan, the Alfalfa Seed industry knowledge supply, appendix, analysis findings, and the conclusion.
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