France Alfalfa Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.40 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
France Alfalfa Market Analysis
The France alfalfa market is estimated to grow at a CAGR of 3.4% during the forecast period. There is a significant production of alfalfa in the country. Around 80% of the alfalfa in France is grown in the main farming region east of Paris but in all of France, 10,000 farmers grow the crop for themselves or for various drying plants operated by co-ops. In a good year, up to 4 cuts of alfalfa can be taken annually with a yield of 14 tonnes per hectare from the first cut.
France Alfalfa Market Trends
This section covers the major market trends shaping the France Alfalfa Hay Market according to our research experts:
Growing Acreage under Alfalfa in France
France is one of the major producers of alfalfa and exports the crop after drying it, to a number of different countries, some of which are affected by hot temperatures and long spells of drought. France itself was also affected by drought for in 2017 and 2018 and as a result, many farmers started to actively grow alfalfa in their fields as the grass was not growing naturally. One of the main advantages of alfalfa is that it contains 2,400kgs of protein per hectare which is much higher than soya at 1,000kgs to 1,500kgs of protein per hectare. Alfalfa gains its high content of nutrients and vitamins due to its deep root system that can extend to over 20 feet deep taking in nutrients unreachable by normal root systems. Farmers that grow alfalfa in France receive a subsidy from the European Parliament of around USD 11.18 per tonne. In total, French farmers grow in the region of 67,000 hectares of alfalfa each year and receive approximately USD 8.9 million in subsidies for it. Owing to these factors the production of alfalfa in France has been increasing and is likely to grow further in the years to come.
Alfalfa Exports from France are on the Rise
The growing alfalfa production in France is supporting the rise of exports of the commodity from the country. Alfalfa from France is exported all over Europe and beyond as a high protein feed for mainly cattle and horses. The major importers of alfalfa from France include Belgium, Germany, Switzerland, Netherlands, and Norway. Belgium accounted for the largest share of exports in 2019 at 22.4% followed by Germany at 16.4% in the same year. By quantities, the country has exported 216,648 metric tons of alfalfa in 2019 which is valued at USD 46,915 thousand. The exports of alfalfa from France is likely to be on the rise since the country is actively increasing the domestic production of the commodity which is likely to grow over the coming years.
France Alfalfa Industry Overview
The alfalfa hay market in France is highly fragmented. Companies not only compete on new product launches but also focus on strategic moves such as merger and acquisition, expansion to acquire larger market shares.
France Alfalfa Market Leaders
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Douliere Hay France SAS
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Gilles Baudot French Hay
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Coaba Group
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Anderson Hay & Grain Co.
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Cubeit Hay Company
*Disclaimer: Major Players sorted in no particular order
France Alfalfa Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Industry Attractiveness - Porter's Five Forces Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Bales
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5.1.2 Pellets
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5.1.3 Cubes
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5.2 Application
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5.2.1 Meat/Dairy Animal Feed
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5.2.2 Poultry Feed
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5.2.3 Horse Feed
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5.2.4 Other Applications
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Anderson Hay & Grain Co.
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6.3.2 Cubeit Hay Company
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6.3.3 Douliere Hay France SAS
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6.3.4 Gilles Baudot French Hay
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6.3.5 S&S Agrisource Holding LLC
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6.3.6 Coaba Group
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6.3.7 SL Follen Company
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6.3.8 Al Dahra ACX Global, Inc.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19
France Alfalfa Industry Segmentation
The scope of the report surrounds alfalfa which is a leguminous plant with clover-like leaves and bluish flowers, native to south-western Asia and widely grown for fodder. The alfalfa market in France has been studied in depth in the report.
Type | |
Bales | |
Pellets | |
Cubes |
Application | |
Meat/Dairy Animal Feed | |
Poultry Feed | |
Horse Feed | |
Other Applications |
France Alfalfa Market Research FAQs
What is the current France Alfalfa Hay Market size?
The France Alfalfa Hay Market is projected to register a CAGR of 3.40% during the forecast period (2024-2029)
Who are the key players in France Alfalfa Hay Market?
Douliere Hay France SAS, Gilles Baudot French Hay, Coaba Group, Anderson Hay & Grain Co. and Cubeit Hay Company are the major companies operating in the France Alfalfa Hay Market.
What years does this France Alfalfa Hay Market cover?
The report covers the France Alfalfa Hay Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the France Alfalfa Hay Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Alfalfa in French Industry Report
Statistics for the 2024 Alfalfa in French market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Alfalfa in French analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.