According to Cognitive Market Research, The Global Alfalfa Hay market size will be USD 76.2 billion in 2023 and will grow at a CAGR of 6.8% from 2023 to 2030.
The demand for Alfalfa Hay is rising due to increasing livestock industry growth.
Demand for Bales remains higher in the Alfalfa Hay market.
The Daily animal feed category held the highest Alfalfa Hay market revenue share in 2023.
North American will continue to lead, whereas the Asia Pacific Alfalfa Hay market will experience the most substantial growth until 2030.
