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Middle East And Africa Hay Market

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Hay is a collection of grass, legumes and other herbaceous plants that have been minced, dried and stored for use as animal feed.
Middle East And Africa Hay Market 2016 Industry Key Trends, Demand,
Growth, Size, Review, Share, Analysis to 2021
Middle East and Africa Hay Market was worth USD XX.XX billion in 2016 and estimated
to be growing at a CAGR of X.XX%, to reach USD XX.XX billion by 2021. Hay is a
collection of grass, legumes and other herbaceous plants that have been minced, dried and
stored for use as animal feed. It is mainly a source of nutrition for grazing animals such as
cattle, horses, goats and sheep.
The demand for hay is increasing all the more as farms are becoming more in number and
farm animals are also increasing in number. The composition of hay may be widely varied
with the most commonly used plants for hay including mixtures of grasses such as
ryegrass, timothy, brome, fescue, Bermuda grass, orchard grass, and other species,
depending on region. Hay may also include legumes, such as alfalfa and clovers which may
be red, white and subterranean varieties.
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The growth of the hay market is mainly driven by the decrease in farm land. When there is
not enough pasture for grazing animals, hay is used to meet the nutritional demand of the
animals. Other drivers of the market include introduction of new composition formulas for
hay as well as the favourable government policies regarding farm animal welfare. As for the
restraints of the market, the storage of hay is always a challenge. This along with the
preference of farmers towards conventional grazing are the main restraints for the market
growth.
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The Middle East and Africa Hay market is broadly classified on the basis of Product into
Hay Bales, Hay Pellets and Hay Cubes and based on Type they are classified into Dairy
Cow Feed, Beef Cattle & Sheep Feed, Pig Feed and Poultry Feed Based on geography, the
Middle-East & Africa market is analysed under regions of Middle-East and Africa. The major
countries in the region are UAE, Saudi Arabia, Qatar, Egypt and South Africa. The region is
the smallest market globally with a growth rate that is also below average.
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The Hay market is highly competitive with a large number of players. Key market players
dominating the market with their products are Anderson Hay & Grain, Border Valley, Knight
Ag Sourcing, Hay USA, Bailey Farms, Hayday Farm, Barr-Ag, Standlee, Legal Alfalfa
Products Ltd. And M&C Hay.
Market Segmentation
Product
Introduction
Hay Bales
Hay Pellets
Hay Cubes
Type
Introduction
Dairy Cow Feed
Beef Cattle and Sheep Feed
Pig Feed
Poultry Feed
Scope of the Report:
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Regional and country-level analysis and forecasts of the study market; providing
Insights on the major countries/regions in which this industry is blooming and to
also identify the regions that are still untapped
Segment-level analysis in terms of Product and Type along with market size
forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities and challenges (DROC) in the
market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the Middle East
and Africa Market; which includes broadly demographic, economic and political,
among other macro-environmental factors presented in an extensive PESTLE
Analysis
Study the micro environment factors that determine the overall profitability of an
Industry, using Porter’s five forces analysis for analyzing the level of competition
and business strategy development
A comprehensive list of key market players along with their product portfolio,
current strategic interests, key financial information, legal issues, SWOT analysis and
analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations
in the field along with new product launches, comparative financial studies and
recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decisionmaking personnel can rapidly become acquainted with background information,
concise analysis and main conclusions
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Expertly devised analyst overview along with Investment opportunities to provide
both individuals and organizations a strong financial foothold in the market
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and corporate clients. Our analyst team comprises expert professionals in market research, who with
their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
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Author
Bhargav
Bhargav410   documents Email
Document
Category
Business and Leadership
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File Size
162 KB
Tags
Hay Market, africa, Middle East And Africa Hay Market
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