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#Alfalfa Forecast
karan777 · 1 month
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newstfionline · 1 year
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Sunday, June 11, 2023
Energy Drinks Are Surging. So Are Their Caffeine Levels. (NYT) It has been more than 25 years since Red Bull hit the market and introduced caffeinated energy drinks to the United States. While the company claimed its beverage would “give you wings,” it never said it was actually good for people. Yet as the energy drink market continues to grow rapidly, companies both new and old are trying to attract health-conscious customers with a wave of no-sugar, low-calorie drinks that claim to boost energy as well as replenish fluids with electrolytes and other ingredients. This new focus has helped the energy drink market grow, with sales in the United States surging to $19 billion from $12 billion over the past five years. But there are concerns that drinks being pitched as healthy are resulting in children and teenagers consuming caffeine in unhealthy amounts. A 12-ounce can of Prime Energy contains 200 milligrams of caffeine. That’s roughly equivalent to two Red Bulls, two cups of coffee or six cans of Coca-Cola. Some schools in Britain and Australia have already banned the beverages. In the United States, federal regulations say schools cannot sell or provide caffeinated drinks to elementary or middle school students, although many schools do not restrict what students can bring from home. “Not long after drinking them, the students showed up in the health office saying they didn’t feel good and that their hearts were racing,” said [one school nurse].
A Puzzle in Arizona’s Boom Towns: How to Keep Growing With Less Water (NYT) As the mayor of an old farming town bursting with new homes, factories and warehouses, Eric Orsborn spends his days thinking about water. The lifeblood for this growth is billions of gallons of water pumped from the ground, and his city, Buckeye, Ariz., is thirsty for more as builders push deeper into the desert fringes of Phoenix. But last week, Arizona announced it would limit some future home construction in Buckeye and other places because of a shortfall in groundwater. A new state study found groundwater supplies in the Phoenix area were about 4 percent short of what is needed for planned growth over the next 100 years. That may feel like a far-off horizon, but it is enough of a change to force the state to rethink its future in the near and long terms. Now, there are urgent questions about how Arizona should be using its increasingly precious water—for water-guzzling alfalfa and lettuce farms or thirsty new computer chip and battery factories and coffee-creamer manufacturing? For new sprawl or more development inside cities? Could the Phoenix suburbs keep up their frenzied pace of growth? Should they?
Four Colombian children found alive in jungle weeks after plane crash (Reuters) Four children from an Indigenous community in Colombia were found alive in the country’s south on Friday more than five weeks after the plane they were traveling in crashed in thick jungle, Colombia’s President Gustavo Petro said. The plane—a Cessna 206—was carrying seven people on a route between Araracuara, in Amazonas province, and San Jose del Guaviare, a city in Guaviare province, when it issued a mayday alert due to engine failure in the early hours of May 1. Three adults, including the pilot and the children’s mother Magdalena Mucutuy, died as a result of the crash and their bodies were found inside the plane. The four siblings, aged 13, 9, 4, as well as a now 12-month-old baby, survived the impact. Narcizo Mucutuy, the grandfather of the three girls and one boy, told reporters he was delighted at the news of their rescue.
Argentina inflation seen hitting 149% this year, up from previous poll (Reuters) Analysts polled by Argentina’s central bank forecast annual inflation this year at 149%, above the 126% expected in the previous poll, according to the monthly survey released on Friday. For May, the analysts polled expect prices to have risen 9% in the month. Argentina’s economy, strained by a historic drought that has worsened an ongoing currency crisis, is expected to shrink 3% in 2023 from 2022. Analysts see the weakened Argentine peso, currently officially valued at 245 pesos per dollar, ending this year at 408.68 pesos per dollar and 2024 at 917.54 pesos per dollar. Rising prices and tumbling foreign reserves pose a challenge for Argentina’s left-leaning government ahead of general elections in October.
Boris Johnson quits as UK lawmaker after being told he will be sanctioned for misleading Parliament (AP) Former U.K. Prime Minister Boris Johnson shocked Britain on Friday by quitting as a lawmaker after being told he will be sanctioned for misleading Parliament. Johnson resigned after receiving the results of an investigation by lawmakers into misleading statements he made to Parliament about “partygate,” a series of rule-breaking government parties during the COVID-19 pandemic. By quitting, he avoids a suspension that could have seen him ousted from his Commons seat by his constituents, leaving him free to run for Parliament again in the future.
Russia to deploy nuclear weapons to Belarus in July. (1440) Russian President Vladimir Putin made the announcement in a televised meeting with the Belarusian leader Friday. Belarus, a close ally of Russia, neighbors Ukraine to the north and shares an almost-700-mile border. Russian forces have used Belarus as a staging ground since the beginning of the war.
UN aid chief says Ukraine faces ‘hugely worse’ humanitarian situation after the dam rupture (AP) The humanitarian situation in Ukraine is “hugely worse” than before the Kakhovka dam collapsed, the U.N.’s top aid official warned Friday. Undersecretary-General Martin Griffiths said an “extraordinary” 700,000 people are in need of drinking water and warned that the ravages of flooding in one of the world’s most important breadbaskets will almost inevitably lead to lower grain exports, higher food prices around the world, and less to eat for millions in need. “This is a viral problem,” he said in an interview with The Associated Press. “But the truth is this is only the beginning of seeing the consequences of this act.”
As Ukraine Launches Counteroffensive, Definitions of ‘Success’ Vary (NYT) After months of anticipation, Ukraine’s forces—newly trained on complex warfare tactics and armed with billions of dollars in sophisticated Western weaponry—launched operations on multiple fronts in the past week in an effort to dislodge entrenched Russian military units, a counteroffensive that many officials in the United States and Europe say could be a turning point in the 15-month war. What remains unclear, though, is exactly what the United States, Europe and Ukraine view as a “successful” counteroffensive. Publicly, American and European officials are leaving any definition of success to President Volodymyr Zelensky of Ukraine. Privately, U.S. and European officials concede that pushing all of Russia’s forces out of occupied Ukrainian land is highly unlikely. Throughout the war, the Ukrainian army, with deeply motivated troops, creative military operations and advanced Western weaponry, has outperformed Russia’s military. But the Ukrainians have also found it difficult to dislodge the Russians from their entrenched defensive positions in the last few months, with the front lines barely moving.
A Rising India Is Also, in One Remote Pocket, a Blood-Soaked War Zone (NYT) People burned out of their homes by the hundreds. Villages, even refugee camps, raked with gunfire. Men, women and children beaten and set ablaze by angry mobs. India, the world’s most populous country and home to the fastest-growing major economy, is now also the site of a war zone, as weeks of ethnic violence in the remote northeastern state of Manipur has claimed about 100 lives. Militarized buffer zones now crisscross the state, patrolled by local women—who are seen as less hotheaded than men—and the thousands of troops who have been sent to quell the fighting, drawing down forces in other parts of India, including the border with China. More than 35,000 people have become refugees, with many living in makeshift camps. Internet service has been cut—an increasingly common tactic by the Indian government—and travel restrictions have made it difficult for the outside world to see in. The development has been jarring for a nation whose 1.4 billion people usually manage to get along despite belonging to thousands of sometimes rivalrous ethnic groups. And it presents an unwelcome image of instability for a national government focused on portraying India as a rising global power. “It is a nightmare,” said Mairembam Ratan, a small-town career counselor who escaped his home with help from the army. “It’s a civil war.”
The Pentagon Is Freaking Out About a Potential War With China (Politico) The war began in the early morning hours with a massive bombardment—China’s version of “shock and awe.” Chinese planes and rockets swiftly destroyed most of Taiwan’s navy and air force as the People’s Liberation army and navy mounted a massive amphibious assault across the 100-mile Taiwan Strait. Having taken seriously President Joe Biden’s pledge to defend the island, Beijing also struck pre-emptively at U.S. and allied air bases and ships in the Indo-Pacific. The U.S. managed to even the odds for a time by deploying more sophisticated submarines as well as B-21 and B-2 stealth bombers to get inside China’s air defense zones, but Washington ran out of key munitions in a matter of days and saw its network access severed. The United States and its main ally, Japan, lost thousands of service members, dozens of ships, and hundreds of aircraft. Taiwan’s economy was devastated. And as a protracted siege ensued, the U.S. was much slower to rebuild, taking years to replace ships as it reckoned with how shriveled its industrial base had become compared to China’s. The Chinese “just ran rings around us,” said former Joint Chiefs Vice Chair Gen. John Hyten in one after-action report. “They knew exactly what we were going to do before we did it.”      Dozens of versions of the above war-game scenario have been enacted over the last few years, most recently in April by the House Select Committee on competition with China. And while the ultimate outcome in these exercises is not always clear—the U.S. does better in some than others—the cost is. In every exercise the U.S. uses up all its long-range air-to-surface missiles in a few days, with a substantial portion of its planes destroyed on the ground. In every exercise the U.S. is not engaged in an abstract push-button war from 30,000 feet up like the ones Americans have come to expect since the end of the Cold War, but a horrifically bloody one. And that’s assuming the U.S.-China war doesn’t go nuclear.
Saudi crown prince threatened ‘major’ economic pain on U.S. amid oil feud (Washington Post) Last fall, President Biden vowed to impose “consequences” on Saudi Arabia for its decision to slash oil production amid high energy prices and fast-approaching elections in the United States. In public, the Saudi government defended its actions politely via diplomatic statements. But in private, Crown Prince Mohammed bin Salman threatened to fundamentally alter the decades-old U.S.-Saudi relationship and impose significant economic costs on the United States if it retaliated against the oil cuts, according to a classified document obtained by The Washington Post. The crown prince claimed “he will not deal with the U.S. administration anymore,” the document says, promising “major economic consequences for Washington.” It is unclear whether the crown prince’s threat was conveyed directly to U.S. officials or intercepted through electronic eavesdropping, but his dramatic outburst reveals the tension at the heart of a relationship long premised on oil-for-security but rapidly evolving as China takes a growing interest in the Middle East and the United States assesses its own interests as the world’s largest oil producer.
From restaurants to water towers, unrest dents Senegal’s economy (Reuters) A KFC restaurant ransacked. Public transport torched. Glass-paneled stations for a multi-million dollar electric bus link shattered. A water plant vandalised. Senegal is taking stock of the damage after the jail sentencing of prominent opposition figure Ousmane Sonko sparked the worst civil unrest in decades that threatens to dent progress in one of Africa’s fastest-growing economies. Sixteen people died and hundreds were injured. Rioters attacked banks, supermarkets and petrol stations. Small businesses were also hitAn attack on a state-owned water plant could create shortages in Dakar, where it hasn’t rained for eight months and where water cuts are common, an official said. Aside from the damage, a day of protests can slow economic output by the equivalent of up to around $33 million per day, the government estimates. Citizens rapidly feel the pinch in a country where over 95% of the work is informal.
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marketpattern · 3 days
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marryp · 12 days
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marksmithimarc · 3 months
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Alfalfa hay, derived from the legume plant Medicago sativa, is a nutrient-rich forage widely cultivated as livestock feed.
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bhavesh2022 · 4 months
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Europe Forage Seeds Market Segmentation and Forecast to 2030
Business Market Insights stands out as a reliable ally in the syndicated market research and consultation through its steadfast commitment to the market research industry. With extensive experience and proven dedication, we have been delivering outstanding outcomes. With a team of researchers catering to distinct business requirements, we can emerge as a trusted research partner in the past decade.
By prioritizing precision and trust ahead, we are proud to announce the addition of the latest offering titled “Europe Forage Seeds Market Growth Outlook to 2030”. This report ensures spotless coverage of recent updates and a range of business environment factors impacting the Europe Forage Seeds market growth. The meticulous approach opted by our researchers can assist companies in transforming business space into the Europe Forage Seeds market.
Europe Forage Seeds market report offers a comprehensive analysis of regional and global scenarios. The scope of the market report extends to the competitive landscape, cost analysis, key players, specific market regions, profit margin, and market situation. A glance at wide-ranging factors restricting Europe Forage Seeds market growth is deliberately included in this study.
Objectives of Europe Forage Seeds Market Report
To deliver a detailed market overview by integrating quantitative and qualitative analysis
To unveil growth strategies by evaluating the competitive landscape and examining key companies against their position and strategic advantage
To offer estimates on sales volume, market share, size, and CAGR for the projected period.
To offer segment wise insights
This detailed report on Europe Forage Seeds market size is heavily based on verified information and authoritative sources. The study intended to offer market players an overview of market opportunities in the coming period. This report helps clients as a first-hand source of knowledge on the market while providing a full-fledged analysis of each segment.
The study contains details on frontrunners in the market along with their recent collaborations, segments, revenues, product launches, and Europe Forage Seeds market trends. It projects the competition in the Europe Forage Seeds market for an estimated duration. This research further looks at industry channels and the performance of key market players to help businesses stay ahead in the market.
Our Report Sample May Brief On:
Scope of Europe Forage Seeds market report
Brief introduction of Europe Forage Seeds market and Industry Overview
Table of Contents
Top market players covered in this report
Report Structure
Research Methodologies by Business Market Insights
Regional Insights:
This section includes insights on different regions and key players present in the region. This section attempts to analyze the growth of a specific regional market based on economic, technological, and environmental factors. Readers may expect revenue-based data and sales insights gathered by our team after comprehensive research. This informative chapter remains an absolute perk for investors, as it will help them to understand potential investment value and expected returns in specific regions.
Report Attributes
Details
Segmental Coverage
Type
Alfalfa
Clover (White
Red
Hybrid
Other Clovers)
Ryegrass (Annual Ryegrass
Perennial Ryegrass
Italian Ryegrass
and Hybrid Ryegrass)
Timothy
Sorghum
Brome
Birdsfoot Trefoil
Cowpea
Meadow F
Category
Organic and Conventional
Livestock
Ruminants
Poultry
Swine
and Others
Regional and Country Coverage
North America (US, Canada, Mexico)
Europe (UK, Germany, France, Russia, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, Australia, Rest of APAC)
South / South & Central America (Brazil, Argentina, Rest of South/South & Central America)
Middle East & Africa (South Africa, Saudi Arabia, UAE, Rest of MEA)
Market Leaders and Key Company Profiles
Cerience
Corteva Inc
Deutsche Saatveredelung AG
DLF Seeds AS
Limagrain UK Ltd
MAS Seeds SA
S&W Seed Co
Syngenta AG
UPL Ltd
Other key companies 
Why Business Market Insights?
Proven Expertise: Business Market Insights comprises expert market research analysts who have extensive industry-specific knowledge. Through this report, our team is bringing years of experience to the table while safeguarding the accuracy of insights.
Actionable Insights: TIP relies on a combination of primary and secondary research methodologies that drive tangible results. We are committed to keeping our offerings clear, accessible, and concise to guide businesses in the decision-making process.
Integration of Technology: We embrace technology in all its forms as the core of our research tactics. We use various tools and platforms to analyze and interpret the data. This allows timely results.
Summary:
Current and Future Market Estimates- Europe Forage Seeds Market Share, and Size | 2030
Market Dynamics – Drivers, Challenges, Regional Trends, and Market Opportunities
Market Segmentation – Product, Application, End-use Industries, and Regional Growth Prospects.
Competition Matrix – Key Market Players and Strategies
Recent Developments and Innovation contributing Market Growth
Author’s Bio: Bhavesh Shinde Senior Market Research Expert at Business Market Insights
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imarcmarketreport · 6 months
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Forage Seed Market Growth, Share, Trends and Forecast 2024-2032
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IMARC Group's report titled "Forage Seed Market by Product (Alfalfa, Clover, Ryegrass, Chicory, and Others), Livestock (Poultry, Cattle, Pork, and Others), Species (Legumes, Grasses), and Region 2024-2032", The global forage seed market size reached US$ 18.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 38.8 Billion by 2032, exhibiting a growth rate (CAGR) of 8.1% during 2024-2032.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/forage-seed-market/requestsample
Factors Affecting the Growth of the Forage Seed Industry:
Rising Awareness About Animal Nutrition:
The growing demand for high-quality forage crops due to the increasing awareness among farmers and livestock producers about the crucial role of animal nutrition is offering a positive market outlook. Farmers are understanding the direct impact of balanced diets on livestock health, productivity, and overall performance, thereby prioritizing the cultivation of nutritious forage varieties. Besides this, the rising adoption of advanced forage seed technologies to optimize animal nutrition and enhance feed efficiency is bolstering the market growth. Moreover, the increasing focus on animal nutrition is impelling the market growth.
Technological Advancements in Seed Development:
Innovations in agricultural biotechnology, such as genetic modification and breeding techniques, are supporting the market growth. These technologies facilitate the creation of high-performing forage seed varieties with improved traits, including higher yields, enhanced nutritional content, and greater resilience to pests and diseases. Apart from this, farmers and seed companies are investing in these innovative solutions to optimize forage production, increase efficiency, and meet the evolving demands of the livestock industry. Moreover, the rising adoption of superior forage seed varieties is impelling the market growth.
Increasing Demand for Dairy and Meat Products:
The rising consumption of dairy and meat products due to changing dietary preferences of individuals across the globe is contributing to the market growth. The increasing need for more forage crops to sustain livestock populations is bolstering the market growth. Apart from this, farmers are compelled to cultivate forage seeds to meet the nutritional requirements of their animals. Consequently, the increasing demand for dairy and meat products acts as a driver, incentivizing investment in the development of advanced forage seed varieties to enhance livestock productivity and meet consumer needs.
Leading Companies Operating in the Global Forage Seed Industry:
Advanta Seeds (UPL Limited)
Allied Seed LLC (Growmark Inc.)
Ampac Seed Company
Brett-Young Seeds Limited
Corteva Agriscience
Dlf Seeds A/S (Dansk Landbrugs Frøselskab Amba)
KWS SAAT SE & Co. KGaA
RAGT Semences (RAGT Group)
Royal Barenbrug Group, S&W Seed Co.
Forage Seed Market Report Segmentation:
By Product:
Alfalfa
Clover
Ryegrass
Chicory
Others
Clover represents the largest segment as it is renowned for its high nutritional value and offers protein-rich forage that enhances the diet of grazing animals.         
By Livestock:
Poultry
Cattle
Pork
Others
Poultry holds the biggest market share on account of the rising focus on sustainable farming practices.      
By Species:
Legumes
Grasses
Legumes account for the largest market share due to their ability to provide essential nutrients, such as protein, fiber, vitamins, and minerals.    
Regional Insights:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
North America enjoys a leading position in the forage seed market, which can be attributed to the thriving livestock sector.                 
Global Forage Seed Market Trends:
The increasing consumption of meat, milk, and other animal products is bolstering the market growth. Forage crops serve as the primary feed source for livestock and help maintain their overall well-being. In addition, farmers strive to meet this demand by cultivating high-yielding forage varieties to ensure adequate nutrition for their animals. Besides this, the rising investments in forage seed research, production, and distribution to support sustainable and efficient livestock farming practices are impelling the market growth.
Apart from this, increasing concerns about environmental sustainability and soil health are supporting the market growth. Furthermore, the rising adoption of forage crops in crop rotation systems to improve soil fertility, reduce erosion, and enhance ecosystem services is strengthening the market growth.
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US
IMARC Group
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Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
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marketdevelopment · 6 months
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Alfalfa Market: Global Industry Analysis and Forecast 2023 – 2030
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Global Alfalfa Market Size Was Valued at USD 265.33 metric tons In 2022 And Is Projected to Reach USD 426.11 metric tons By 2030, Growing at A CAGR of 16.2% From 2023 To 2030.
The alfalfa market is a significant segment within the global fodder and forage industry. Alfalfa, a highly nutritious legume, serves as a staple feed for livestock, including cattle, horses, sheep, and goats. With its rich protein content, essential vitamins, and minerals, alfalfa is prized for its ability to enhance animal health and productivity. The market for alfalfa encompasses various sectors, including agriculture, animal husbandry, and feed manufacturing. Key players in the market include farmers, seed suppliers, distributors, and feed producers, operating across regions with favorable climatic conditions for alfalfa cultivation.
In the US, beef industries have the most influence over alfalfa and hay prices. In terms of regional analysis, North America, particularly the US is the largest producer as well as exporter of alfalfa owing to the country's excellent geographical conditions. The country is known for its various best-quality alfalfa products.
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @
https://introspectivemarketresearch.com/request/14112
Updated Version 2024 is available our Sample Report May Includes the:
Scope For 2024
Brief Introduction to the research report.
Table of Contents (Scope covered as a part of the study)
Top players in the market
Research framework (structure of the report)
Research methodology adopted by Worldwide Market Reports 
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. 
Leading players involved in the Alfalfa Market include:
S&W Seed (US), Hay USA Inc. (US), Oxbow Animal Health (US), Bailey Farms International (US), Haykingdom Inc (US), Mc Cracken Hay (US), Cubeit Hay (US), Standlee Hay (US), Al Dahra ACX Global Inc. (US), Anderson Hay & Grain (US), Green Prairie International Inc- (Canada), Carli Group (Italy), Border Valley (India), Riverina (Australia) 
If You Have Any Query Alfalfa Market Report, Visit:
https://introspectivemarketresearch.com/inquiry/14112
Segmentation of Alfalfa Market:
By Feed Type
Hays
Bales
Pellets
Cubes
By Application
Dairy Cow Feed
Cattle and Sheep Feed
Pig Feed
Horse Feed
Poultry Feed
By Animal Type
Cattle
Horse
By Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
What to Expect in Our Report?
(1) A complete section of the Alfalfa market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Alfalfa market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Alfalfa market.
(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Alfalfa market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusion of the research study provided in the Alfalfa Market report.
Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Acquire This Reports: -
https://introspectivemarketresearch.com/checkout/?user=1&_sid=14112
About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, that specializes in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
Contact us:
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Ph no: +1-773-382-1047
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marketinsight1234 · 7 months
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Alfalfa Market: Global Industry Analysis and Forecast 2023 – 2030
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Global Alfalfa Market Size Was Valued at USD 265.33 metric tons In 2022 And Is Projected to Reach USD 426.11 metric tons By 2030, Growing at A CAGR of 16.2% From 2023 To 2030.
Alfalfa is a tonic plant rich in proteins, minerals, enzymes, and vitamins. A bulk quantity of the whole plant is required in the pharmaceutical industries, especially for homeopathic pharmacies. The increasing awareness regarding animal nutrition among the people is one of the important key factors driving the growth of the market. This can be attributed to the increasing consumer demand for chemical-free meat and milk-based products. Product manufacturers are using innovative processing and harvesting machinery to produce long-fiber hay cubes and hay products with enhanced fiber content.
In the US, beef industries have the most influence over alfalfa and hay prices. In terms of regional analysis, North America, particularly the US is the largest producer as well as exporter of alfalfa owing to the country's excellent geographical conditions. The country is known for its various best-quality alfalfa products.
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @
https://introspectivemarketresearch.com/request/14112
The latest research on the Alfalfa market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Alfalfa industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Alfalfa market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Leading players involved in the Alfalfa Market include:
S&W Seed (US), Hay USA Inc. (US), Oxbow Animal Health (US), Bailey Farms International (US), Haykingdom Inc (US), Mc Cracken Hay (US), Cubeit Hay (US), Standlee Hay (US), Al Dahra ACX Global Inc. (US), Anderson Hay & Grain (US), Green Prairie International Inc- (Canada), Carli Group (Italy), Border Valley (India), Riverina (Australia) 
If You Have Any Query Alfalfa Market Report, Visit:
https://introspectivemarketresearch.com/inquiry/14112
Segmentation of Alfalfa Market:
By Feed Type
Hays
Bales
Pellets
Cubes
By Application
Dairy Cow Feed
Cattle and Sheep Feed
Pig Feed
Horse Feed
Poultry Feed
By Animal Type
Cattle
Horse
By Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
What to Expect in Our Report?
(1) A complete section of the Alfalfa market report is dedicated for market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Alfalfa market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Alfalfa market.
(4) The report also discusses competitive situation and trends and sheds light on company expansions and merger and acquisition taking place in the Alfalfa market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusion of the research study provided in the Alfalfa Market report.
Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Acquire This Reports: -
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Global Alfalfa Honey Market is projected to reach the value of $1.48 billion by 2030
In 2023, the Global Alfalfa Honey Market was valued at $1.053 billion, and is projected to reach a market size of $1.48 billion by 2030. Over the forecast period of 2024-2030, market is projected to grow at a CAGR of 5%.
The global alfalfa honey market has been influenced by various factors over the years, and one significant long-term market driver is the increasing consumer preference for natural and organic products. Alfalfa honey, known for its light color and delicate flavor, has gained popularity among health-conscious consumers seeking healthier alternatives to processed sweeteners. This growing demand for natural honey has been a driving force shaping the market's trajectory.
The COVID-19 pandemic brought about both challenges and opportunities for the alfalfa honey market. Initially, there was a disruption in the supply chain due to restrictions on transportation and trade, impacting the availability of honey in certain regions. However, as consumers became more health-conscious and focused on strengthening their immune systems, there was a surge in the demand for natural and immune-boosting products like alfalfa honey. This shift in consumer behavior positively impacted the market, driving sales and creating new opportunities for producers and suppliers.
In the short term, a key market driver for alfalfa honey is its versatility in various applications. Beyond its use as a sweetener, alfalfa honey is valued for its nutritional properties and is increasingly being used in the food and beverage industry. Its incorporation into products like energy bars, cereals, and health drinks has expanded its market reach, catering to a wider consumer base seeking healthier options.
An opportunity that presents itself in the alfalfa honey market is the growing emphasis on sustainability and ethical beekeeping practices. Consumers are becoming more conscious of the environmental impact of their food choices and are inclined towards supporting brands that prioritize sustainable beekeeping methods. This shift in consumer behavior opens doors for producers to highlight their commitment to ethical practices, thereby attracting environmentally-conscious consumers.
One observed trend in the industry is the rising interest in traceability and transparency. Consumers are increasingly interested in knowing the origins of the products they consume, including honey. This trend has led to the implementation of traceability measures in the supply chain, allowing consumers to track the journey of alfalfa honey from hive to shelf. Brands that offer transparency in sourcing and production methods are gaining consumer trust and loyalty, influencing purchasing decisions.
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Segmentation Analysis:
The Global Alfalfa Honey Market segmentation includes:
By Application: Food & Beverages, Personal Care & Cosmetics, Pharmaceuticals, and Others
The food and beverages sector stands as the largest growing segment in the alfalfa honey market due to the versatile applications of alfalfa honey in various culinary and beverage products. Recent trends showcase an increasing incorporation of alfalfa honey in food items such as cereals, energy bars, salad dressings, and beverages like teas and health drinks. The natural sweetness and unique flavor profile of alfalfa honey have captured the interest of consumers seeking healthier alternatives and natural ingredients in their food choices. This trend has propelled the growth of the food and beverage sector within the alfalfa honey market, expanding its presence across a wide range of consumable products.
Conversely, the personal care and cosmetics industry have emerged as the fastest-growing segment in the alfalfa honey market, driven by the rising demand for natural and organic ingredients in skincare, haircare, and cosmetic products. Recent developments indicate a surge in the use of alfalfa honey in beauty and personal care items such as moisturizers, shampoos, soaps, and facial masks. Consumers are increasingly drawn towards products that feature natural, nourishing ingredients like alfalfa honey, believed to offer skin and hair benefits. The market's rapid growth in this sector is attributed to the growing preference for natural formulations and the perceived health and beauty advantages associated with alfalfa honey-infused products, appealing to health-conscious consumers seeking natural alternatives in their personal care routines.
By Packaging Type: Glass Jar, Bottle, Tub, Tube, and Others
Bottle packaging has emerged as the largest growing segment in the alfalfa honey market due to its convenience, durability, and recyclability. Consumers increasingly prefer bottles for their ease of use, portability, and ability to preserve the quality of honey. Moreover, the transparent nature of bottles allows consumers to visually inspect the honey, enhancing trust and influencing purchasing decisions. Recent market trends indicate a surge in demand for bottled alfalfa honey, driven by the preference for ready-to-use packaging formats and the convenience they offer to consumers in various consumption settings.
On the other hand, glass jars have emerged as the fastest-growing packaging option in the alfalfa honey market due to their eco-friendly attributes and perceived premium quality. Recent consumer trends indicate a growing preference for sustainable packaging materials, aligning with the eco-conscious mindset of modern consumers. Glass jars not only preserve the natural taste and quality of alfalfa honey but also resonate well with environmentally aware consumers seeking products packaged in recyclable and reusable materials. The aesthetic appeal of glass jars further contributes to their rapid growth, as they evoke a sense of premium quality and sophistication, appealing to a discerning segment of consumers who prioritize both sustainability and aesthetics in their purchasing decisions.
By Distribution Channel: Hypermarkets & Supermarkets, Convenience Stores, Online, and Others
Hypermarkets and supermarkets have established themselves as the largest growing distribution channels in the alfalfa honey market due to their extensive reach, diverse product offerings, and consumer convenience. These retail giants provide a one-stop shopping experience, offering a wide array of products, including alfalfa honey, under a single roof. Recent market trends highlight the increasing consumer preference for convenient shopping experiences, where they can explore and purchase alfalfa honey alongside other groceries. Additionally, the ability to physically inspect products and the availability of various package sizes contribute to the dominance of hypermarkets and supermarkets in driving the market's growth.
Conversely, the online distribution channel has emerged as the fastest-growing segment in the alfalfa honey market, fueled by shifting consumer behaviors towards e-commerce and digital platforms. Recent developments showcase a significant uptick in online sales of alfalfa honey, attributed to the convenience, accessibility, and diverse product range offered by online retailers. The rise of e-commerce platforms allows consumers to explore and purchase alfalfa honey from the comfort of their homes, catering to the increasing demand for convenient shopping experiences. Moreover, online retailers often provide detailed product information, customer reviews, and various payment options, enhancing the overall shopping experience and contributing to the rapid growth of online sales in the alfalfa honey market.
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By Region:
The Asia Pacific region emerges as the largest growing market for alfalfa honey due to several factors. This growth is primarily driven by a burgeoning population with an increasing awareness of the health benefits associated with natural honey. Moreover, cultural inclinations towards traditional medicine and natural remedies significantly contribute to the escalating demand for alfalfa honey in the region. The expanding middle-class demographic seeking healthier and natural alternatives further fuels the market's growth in the Asia Pacific. China and India lead the alfalfa honey market in the Asia Pacific region, driven by their growing populations, increasing health awareness, and the integration of honey into traditional medicine and modern products.
North America stands as the fastest-growing market for alfalfa honey due to a combination of factors. The region's consumers have displayed a heightened interest in natural and organic products, driving the demand for alfalfa honey. Additionally, the thriving food and beverage industry in North America has integrated honey into various products, expanding its presence and driving rapid growth within the market. The United States and Canada are the top leading countries in North America, accounting for a significant share of the market due to their large consumer base and developed food industries.
In Europe, the alfalfa honey market experiences rapid growth, attributed to increasing consumer awareness regarding the health benefits of natural honey. The region's diverse culinary traditions also contribute to the demand for high-quality honey, including alfalfa honey. Moreover, Europe's emphasis on sustainable and ethical production methods aligns with consumer preferences, influencing the market's growth trajectory. Germany and France are among the top countries in Europe for alfalfa honey consumption, owing to their strong culinary traditions, health-conscious consumer base, and emphasis on quality natural products.
Latin America witnesses moderate growth in the alfalfa honey market. The region's rich biodiversity and favorable climatic conditions for beekeeping contribute to the production of quality honey, including alfalfa honey. While there's a growing interest in natural products, the market growth is influenced by factors like economic conditions and variations in consumer preferences across different countries in the region. Mexico and Brazil stand out as key players in the Latin American alfalfa honey market due to their sizable consumer markets and growing interest in natural and healthy products.
In the Middle East & Africa, the alfalfa honey market shows potential for growth, albeit at a gradual pace. The market growth is influenced by factors such as an increasing awareness of the health benefits of honey, cultural inclinations towards natural remedies, and a growing emphasis on organic products. However, challenges related to production and distribution logistics impact the market's growth in this region. Countries like Saudi Arabia and South Africa are notable in the Middle East & Africa region for alfalfa honey consumption. These countries showcase growing interest in natural remedies and organic products, contributing to the market's expansion.
Latest Industry Developments:
Companies within the alfalfa honey market are increasingly forming strategic collaborations and partnerships to expand their market reach and enhance their offerings. Collaborations between honey producers and retailers, as well as partnerships with health-focused brands, allow for the creation of innovative products and the introduction of alfalfa honey into new market segments. These alliances leverage the strengths of each partner, driving mutual growth and widening the consumer base for alfalfa honey products.
A noticeable trend among companies is the heightened focus on sustainability throughout the production and supply chain. Recent developments showcase a shift towards ethical beekeeping practices, emphasizing responsible sourcing and environmentally friendly methods. Companies are investing in sustainable initiatives, such as organic certification, promoting biodiversity, and supporting bee-friendly habitats. This commitment to sustainability not only appeals to conscientious consumers but also sets these companies apart in a competitive market.
In response to evolving consumer behavior, companies are increasingly utilizing digital marketing strategies to engage with their audience and differentiate their brands. Recent developments highlight the use of social media platforms, influencer collaborations, and online campaigns to educate consumers about the unique qualities of alfalfa honey, its health benefits, and its versatile applications. This trend towards digital marketing enables companies to connect directly with consumers, build brand loyalty, and drive sales in a highly competitive market landscape.
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lalsingh228-blog · 8 months
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Agricultural Inoculant Market to See Huge Growth by 2029
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Global Agricultural Inoculant Market Report from AMA Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player’s market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Major Players in This Report Include, Bayer CropSciences (Germany), BASF SE (Germany), Brettyoung (Canada), Novozymes A/S (Denmark), E.I. Dupont De Nemours and Company (United States), Advanced Biological Marketing Inc. (United States), Precision Laboratories, LLC (United States), Queensland Agricultural Seeds Pty. Ltd. (Australia), Verdesian Lifesciences, LLC (United States), Xitebio Technologies Inc. (Canada). Free Sample Report + All Related Graphs & Charts @: https://www.advancemarketanalytics.com/sample-report/101841-global-agricultural-inoculant-market An agricultural inoculant composition used as a seed, plant, foliar spray, field spray, and compost inoculant. The agricultural inoculant composition includes both a peat humus base composition having predetermined quantities of peat moss, leather meal, granite meal, Calcium Phosphate, tobacco meal, animal manure, kelp, greensand, liquid seaweed, and bacterial inoculant. Additionally, a liquid seaweed base composition is mixed with the peat humus base composition and the liquid seaweed base composition includes a combination of liquid seaweed, carbohydrates and polysaccharides, vitamins, as well as liquid alfalfa. The agricultural inoculant has been found to increase both the quality and yield of various types of plant products when such is used either as a seed or plant inoculant. Market Drivers
Increasing Adoption of Organic Farming Practices
Governments Initiatives in Promoting Biocontrol Products
Market Trend
Technological Advancements in Farming Practices
Opportunities
Increasing Demand from Developing Region
Challenges
Lack of Awareness and Availability of Agricultural Inoculants
Enquire for customization in Report @: https://www.advancemarketanalytics.com/enquiry-before-buy/101841-global-agricultural-inoculant-market In this research study, the prime factors that are impelling the growth of the Global Agricultural Inoculant market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers. The Agricultural Inoculant market study is being classified by Type (Biocontrol Agents, Plant Resistant Stimulant, Plant Growth Promoting Microorganisms), Mode of Application (Seed Inoculant, Soil Inoculant, Other), Crop Types (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Other), Microbes (Bacteria, Fungi, Other) The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Agricultural Inoculant market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market. Get Reasonable Discount on This Premium Report @ https://www.advancemarketanalytics.com/request-discount/101841-global-agricultural-inoculant-market Extracts from Table of Contents Agricultural Inoculant Market Research Report Chapter 1 Agricultural Inoculant Market Overview Chapter 2 Global Economic Impact on Industry Chapter 3 Global Market Competition by Manufacturers Chapter 4 Global Revenue (Value, Volume*) by Region Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type Chapter 7 Global Market Analysis by Application ………………….continued This report also analyzes the regulatory framework of the Global Markets Agricultural Inoculant Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analyzed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers. Contact US : Craig Francis (PR & Marketing Manager) AMA Research & Media LLP Unit No. 429, Parsonage Road Edison, NJ New Jersey USA – 08837 Phone: +1 201 565 3262, +44 161 818 8166 [email protected]
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delvenservices · 11 months
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Oat Milk Market Future Scope, Business Growth, Trends, Overview and Shares Analysis
According to Delvens, “Global Oat Milk Market Revenue, Share & Trends Analysis Report, By Source (Organic, Conventional), By Product (Plain, Flavoured), By Packaging (Cartons, Bottle), By Distribution Channel, Region, Supply & Demand Side Analysis, and Segment Forecasts, 2023–2030”. The Global Oat Milk Market is expected to reach USD 3.9 billion by 2030 from USD 2.4 billion in 2022, registering impressive expansion at a compound annual growth rate (CAGR) of 12.9%.
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The Oat Milk Market report clearly explains what market definition, classifications, applications, engagements and market trends are for the Food & Beverages industry. This market study estimates the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. This global market research report is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Analysis and estimation of important industry trends, market size, and market share are mentioned in the Oat Milk Market report.
Some of the major players are Oatly; Rise Brewing; Thrive Market; Happy Planet Foods; Califia Farms; The Coca-Cola Company; Elmhurst; Pacific Foods; Danone; and HP Hood LLC among others.
Get a Sample Copy of the Global Oat Milk Market Report: https://www.delvens.com/get-free-sample/oat-milk-market-trends-forecast-till-2028
The Global Oat Milk Market report delivers a holistic analysis to understand the development scope and derive the growth rate for the forecast period. The report particularizes the market condition and forecasts the market size in the future. The report further studies the opportunities, influencers, driving factors, and limitations, through a thorough study of the leading market players of the oat milk market from the different global regions, their product types, and application markets. The prime aim of the report is to determine the revenue growth, market value, market share, CAGR, scope, challenges, growth promoters, etc.
Consumers were asked in a study about their experiences with oat milk and how seriously they take environmental issues. It was discovered that younger consumer generations were more likely to have tried or plan to try oat milk (78% for 18–24-year-olds). This information highlights the growing trend of consumers wanting to test new items and suggests that the industry will continue to expand as Gen-Z joins the workforce and starts to have more disposable income. It’s interesting to note that 25% of respondents said they had tried the beverage but didn’t care for it. This suggests that there is still some open space for rival businesses to fill. We also observe that, compared to those who have no interest, a higher percentage of respondents who have tried or want to try oat milk are generally more concerned about the environment.
Players in the business use a variety of marketing channels. The majority of sales in the plant-based milk category now come from chilled variations rather than the original shelf-stable retail offers for plant-based milk. Foodservice collaborations, like the one between Oatly and Starbucks, also contribute significantly to sales. According to Oatly, the food service channel accounts for 36% of its sales. Furthermore, with a CAGR of 14.10% for online sales of oat milk, the e-commerce channel is anticipated to develop the fastest. Oatly claims good margin targets of 40% gross profit margin and 20% adjusted EBITDA margin. The recurrent operating margin for Danone as a whole is 13.1%. An alfalfa-based milk may be able to attain similar or greater margins given the superior availability of alfalfa, its lower production cost, and the assumption of equivalent processing techniques.
Oat Milk Market Report Scope
Report Feature
Descriptions
Growth Rate
CAGR of 12.9% during the forecasting period, 2023–2030
Historical Data
2019–2021
Forecast Years
2023–2030
Base Year
2022
Units Considered
Revenue in USD billion and CAGR from 2023 to 2030
Report Segmentation
Source, Product, Packaging, and Region.
Report Attribute
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling
Regional Level Scope
North America, Europe, Asia-Pacific, South America, and Middle East and Africa
Country Level Scope
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)
Companies Profiled
PACIFIC FOODS OF OREGON, LLC., Oatly, Califia Farms, Danone, HP HOOD LLC, PepsiCo, HAPPY PLANET FOODS., Drinks Brokers Ltd, Alpro, The Quaker Oats Company, Pureharvest, Danone, The Kraft Heinz Company, Yili Industrial Group Company Limited, China Mengniu Dairy Company Limited, Mother Dairy Fruit & Vegetable Pvt. Ltd., Nestlé, Fonterra Co-operative Group, Lactalis International, Dean Foods, Hiland, Umang Daries Pvt. Ltd., DAIRY FARMERS OF AMERICA, FrieslandCampina, LALA BRANDED PRODUCTS, LLC, Oy Karl Fazer Ab, RISO SCOTTI S.p.A., and Elmhurst Milked Direct LLC
Available Customization
In addition to the market data for the Oat milk Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirement.
Inquire Before Buying: https://www.delvens.com/Inquire-before-buying/oat-milk-market-trends-forecast-till-2028
Oat Milk Market Overview
The market’s growth is linked to the rise in vegans’ and health-conscious customers’ need for milk made from plants that are high in nutrients. Due to issues including lactose intolerance, allergies, and the rising popularity of low-cholesterol diets, manufacturers have been obliged to introduce several plant-based replacements. This has boosted the market for oat milk, which satisfies customer demand for allergy-free products and has other positive health effects.
Manufacturers like Oatly are searching for unique milk extraction techniques to develop differentiating selling features and differentiate their goods from those of the competitors. Manufacturers purchase premium raw materials directly from farmers, lowering the cost of the finished product and fostering market growth. Due to the increasing consumer tendency towards the consumption of high-protein foods, the market for plant-based milk has grown. The demand for high-protein beverages has increased due to the population’s predisposition to exercise and sports, and it is anticipated that this trend will continue during the projected period.
Oat Milk Market Segmentation Analysis
Based on the source segment
The conventional source segment had the largest revenue share (almost 72.1%) in 2022 because of its extensive market penetration and cost-effectiveness. Manufacturers are also launching new products to expand their market share. For instance, to attract a sizable customer base, The Coca-Cola Company launched a new oat milk product under its Simply brand in April 2021 with a variety of flavours. The organic source market is predicted to see a significant CAGR between 2023 and 2030. Consumer health consciousness, a preference for pesticide-free products, and knowledge of adulteration in conventional commodities are all factors contributing to this rising growth.
Based on the product segment
The plain category overtook all other product categories in 2022 with a share of around 56.4%. The flavour-based product line appeals to customers and targets the comfort and health categories, growing at a significant CAGR during the projection period. Consumers are becoming more interested in products that offer a pleasurable experience, enhance flavour, and are beneficial to their health. There is a discernible increase in the number of people purchasing oat milk with additional tastes as a result of customer interest in the ethnic and exotic flavours provided by the manufacturers.
Based on the packaging segment
In 2022, the segment selling cartons had the highest revenue share at almost 47.1%. This is a result of the rising need for packaging options with high-quality and long shelf lives. Demand for the segment is also being driven by the growing popularity of Tetra Pak carton packaging, which is predominantly made of paperboard. Because of its lightweight characteristics and sustainability, carton packaging is receiving a major investment from several important organisations. The widespread use of carton packaging for oat milk is a result of a rise in global awareness regarding the sustainability of paper-based cartons. To boost sales, manufacturers and suppliers are emphasising the creation of packaging with eye-catching colours and distinctive patterns.
Based on the distribution channel segment
With a share of over 42.6% in 2022, the supermarkets and hypermarkets segment became the main distribution channel segment. The penetration of oat milk through the supermarket is rising as a result of improvements in the retail industry worldwide and the presence of international brands in these stores. Large grocery chains like Target, Lidl, Kroger, and Walmart sell dairy substitutes like oat milk. Sales of oat milk are anticipated to increase throughout the projection period as a result of consumers being drawn to hypermarkets and supermarkets by annual memberships and discounts offered on large purchases.
Oat Milk Market Regional Insights
With a market share of more than 46.2% in terms of value, Asia Pacific dominated the oat milk market in 2022. The need for nutritious food has increased in Asia Pacific as a result of changing lifestyles, urbanisation, and dietary preferences, which are projected to drive market figures. Due to the increased incidence of cardiovascular diseases and the number of weight management programmes, the market for plant-based milk is predicted to grow favourably in the area.
North America is expected to have significant growth over the anticipated period due to the high level of consumer awareness regarding the protein content and nutritional benefits of oat milk. The great popularity of e-commerce portals as a selling medium has led to an expansion of the market for dairy replacements in the region. The prevalence of lactose intolerance and milk allergies in North America is expected to increase, which will lead to a rise in the use of oat milk. Regional food and beverage makers are incorporating dairy substitutes into their products to appeal to a growing consumer base that is selecting plant-based products, which is causing the industry to expand even more.
Since there was such a high degree of demand for vegan and plant-based products in the region, Europe held a substantial portion of the market in 2022. Oat milk producers are concentrating on the nations in the area to enhance their market share. For instance, Califia Farms introduced a long-life oat beverage in 2020 that was only available to consumers in the United Kingdom. The company wanted to enhance the penetration of its products across the nation by persuading people to switch from dairy milk and reduce their environmental impact.
Oat Milk Market Outlook
Oat milk is a vegan product prepared from whole oat grains, which are rich in nutritional fibre, protein, and fatty acids that are vital for maintaining health. Oat milk is used in place of farm milk by vegetarians and others who are lactose intolerant since it has a comparable flavour and consistency. Oat milk provides a respectable amount of low fat and is a milk that is devoid of cholesterol.
The increasing demand for lactose-free goods because of how easily they can be digested is one of the primary drivers boosting the market for oat milk. The increasing number of people who are lactose intolerant is the main factor driving the growth of the oat milk market during the forecast period of 2023–2030. As more people learn about its benefits over other dairy substitutes, the market is likewise expanding. Increased health consciousness and oat milk’s higher fibre content than dairy milk are further factors that are expected to drive market expansion for this product between 2023 and 2030. The firm is hampered by high package maintenance expenses, though. The market’s potential for growth for oat milk is constrained by easy access to substitutes like almond milk and coconut milk. In developing economies, there is also a lack of knowledge about the advantages, which will impede market expansion over the projection period of 2023–2030.
Additionally, throughout the aforementioned forecast period, the market for oat milk will have plenty of growth potential due to the low prevalence of manufacturers in developing economies.
Key Companies & Market Share Insights
Some of the key players operating in the global oat milk market are PACIFIC FOODS OF OREGON, LLC., Oatly, Califia Farms, Danone, HP HOOD LLC, PepsiCo, HAPPY PLANET FOODS., Drinks Brokers Ltd, Alpro, The Quaker Oats Company, Pureharvest, Danone, The Kraft Heinz Company, Yili Industrial Group Company Limited, China Mengniu Dairy Company Limited, Mother Dairy Fruit & Vegetable Pvt. Ltd., Nestlé, Fonterra Co-operative Group, Lactalis International, Dean Foods, Hiland, Umang Daries Pvt. Ltd., DAIRY FARMERS OF AMERICA, FrieslandCampina, LALA BRANDED PRODUCTS, LLC, Oy Karl Fazer Ab, RISO SCOTTI S.p.A., and Elmhurst Milked Direct LLC among others.
Recent Developments
· The world’s first and largest oat drink manufacturer, Oatly Group AB (Nasdaq: OTLY)(“Oatly” or the “Company”), today announced a significant partnership with Deutsche Bahn (DB) in Germany: starting on January 1, 2022, the Oatly Barista Edition will be offered to passengers as the first-ever plant-based milk alternative in the onboard catering of ICE and Intercity trains.
· The forward-thinking and creative Happy Planet brand is introducing new varieties of oat milk, including Barista Edition and Chocolate. Over 50% of Americans now buy dairy-free milk, which has had a +425 per cent spike from the previous year and is continuing to soar in popularity.
Global Oat Milk Market Table of Contents
Source Outlook
· Organic
· Conventional
Product Outlook
· Plain
· Flavoured
Packaging Outlook
· Cartons
· Bottles
· Others
Distribution Channel Outlook
· Supermarkets & Hypermarkets
· Convenience Stores
· Online Retail
· Others
Regional Outlook
· Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Sweden
o Austria
o Finland
o Belgium
o Turkey
o Russia
o Poland
o Hungary
o Czech Republic
o Switzerland
o Netherlands
o Rest of Europe
· North America
o U.S.
o Canada
o Mexico
· Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o Vietnam
o New Zealand
o Philippines
o Thailand
o Malaysia
o Hong Kong
o Taiwan
o Singapore
o Indonesia
o Sri Lanka
o Rest of Asia-Pacific
· South America
o Brazil
o Argentina
o Chile
o Colombia
o Rest of South America
· Middle East And Africa
o South Africa
o U.A.E.
o Saudi Arabia
o Oman
o Qatar
o Iran
o Egypt
o Rest of Middle East and Africa
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