Latvia Alfalfa Hay Market (2025-2031) | Share, Value, Size, Analysis, Growth, Trends, Outlook, Industry, Segmentation, Companies, Revenue & Forecast
Market Forecast By Type (Bales, Pellets, Cubes), By Application (Dairy Animal Feed, Poultry Feed, Horse Feed, Other Applications) And Competitive Landscape
| Product Code: ETC4757065 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia Alfalfa Hay Market Top 5 Importing Countries and Market Competition (HHI) Analysis
Despite the high concentration of alfalfa hay imports in Latvia in 2024, the market saw significant growth with a remarkable increase in the growth rate from 2023 to 2024. The top countries exporting alfalfa hay to Latvia in 2024 were Lithuania, Poland, Belgium, Germany, and Estonia. The compound annual growth rate (CAGR) from 2020 to 2024 was negative at -29.9%, indicating fluctuations in the market. However, the impressive growth rate of 181.98% from 2023 to 2024 suggests a potential shift in market dynamics and opportunities for further expansion in the coming years.
Alfalfa Hay Market: Latvia vs Top 5 Major Economies in 2027 (Europe)
The Alfalfa Hay market in Latvia is projected to grow at a stable growth rate of 0.66% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.
Key Highlights of the Report:
- Latvia Alfalfa Hay Market Outlook
- Market Size of Latvia Alfalfa Hay Market, 2024
- Forecast of Latvia Alfalfa Hay Market, 2031
- Historical Data and Forecast of Latvia Alfalfa Hay Revenues & Volume for the Period 2021-2031
- Latvia Alfalfa Hay Market Trend Evolution
- Latvia Alfalfa Hay Market Drivers and Challenges
- Latvia Alfalfa Hay Price Trends
- Latvia Alfalfa Hay Porter`s Five Forces
- Latvia Alfalfa Hay Industry Life Cycle
- Historical Data and Forecast of Latvia Alfalfa Hay Market Revenues & Volume By Type for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Hay Market Revenues & Volume By Bales for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Hay Market Revenues & Volume By Pellets for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Hay Market Revenues & Volume By Cubes for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Hay Market Revenues & Volume By Application for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Hay Market Revenues & Volume By Dairy Animal Feed for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Hay Market Revenues & Volume By Poultry Feed for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Hay Market Revenues & Volume By Horse Feed for the Period 2021-2031
- Historical Data and Forecast of Latvia Alfalfa Hay Market Revenues & Volume By Other Applications for the Period 2021-2031
- Latvia Alfalfa Hay Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Application
- Latvia Alfalfa Hay Top Companies Market Share
- Latvia Alfalfa Hay Competitive Benchmarking By Technical and Operational Parameters
- Latvia Alfalfa Hay Company Profiles
- Latvia Alfalfa Hay Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the Latvia Alfalfa Hay Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Alfalfa Hay Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Alfalfa Hay Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Alfalfa Hay Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Alfalfa Hay Market - Industry Life Cycle |
3.4 Latvia Alfalfa Hay Market - Porter's Five Forces |
3.5 Latvia Alfalfa Hay Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Alfalfa Hay Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Alfalfa Hay Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the health benefits of alfalfa hay for livestock |
4.2.2 Growing demand for organic and high-quality animal feed |
4.2.3 Favorable government policies supporting agriculture and livestock industry in Latvia |
4.3 Market Restraints |
4.3.1 Fluctuations in weather conditions impacting alfalfa hay production |
4.3.2 Competition from alternative animal feed sources |
4.3.3 Price volatility in the agricultural market |
5 Latvia Alfalfa Hay Market Trends |
6 Latvia Alfalfa Hay Market Segmentations |
6.1 Latvia Alfalfa Hay Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Alfalfa Hay Market Revenues & Volume, By Bales, 2021-2031F |
6.1.3 Latvia Alfalfa Hay Market Revenues & Volume, By Pellets, 2021-2031F |
6.1.4 Latvia Alfalfa Hay Market Revenues & Volume, By Cubes, 2021-2031F |
6.2 Latvia Alfalfa Hay Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Alfalfa Hay Market Revenues & Volume, By Dairy Animal Feed, 2021-2031F |
6.2.3 Latvia Alfalfa Hay Market Revenues & Volume, By Poultry Feed, 2021-2031F |
6.2.4 Latvia Alfalfa Hay Market Revenues & Volume, By Horse Feed, 2021-2031F |
6.2.5 Latvia Alfalfa Hay Market Revenues & Volume, By Other Applications, 2021-2031F |
7 Latvia Alfalfa Hay Market Import-Export Trade Statistics |
7.1 Latvia Alfalfa Hay Market Export to Major Countries |
7.2 Latvia Alfalfa Hay Market Imports from Major Countries |
8 Latvia Alfalfa Hay Market Key Performance Indicators |
8.1 Average selling price of alfalfa hay in Latvia |
8.2 Adoption rate of alfalfa hay as a primary animal feed |
8.3 Number of farmers adopting modern farming techniques for alfalfa hay production |
9 Latvia Alfalfa Hay Market - Opportunity Assessment |
9.1 Latvia Alfalfa Hay Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Alfalfa Hay Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Alfalfa Hay Market - Competitive Landscape |
10.1 Latvia Alfalfa Hay Market Revenue Share, By Companies, 2024 |
10.2 Latvia Alfalfa Hay Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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