Market Overview:
The global alfalfa grass powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food grade and pharmaceutical grade alfalfa grass powder from various applications such as food and beverage industry, health care products, and others. North America is expected to dominate the global market in terms of revenue share followed by Europe, Asia Pacific, Latin America, and Middle East & Africa respectively.
Product Definition:
Alfalfa Grass Powder is the dried and ground leaves of the alfalfa plant. It is a good source of protein, fiber, vitamins, and minerals. Alfalfa Grass Powder can be added to smoothies, juices, or water for a nutrient-rich drink. It can also be used in cooking as a thickener or to add flavor.
Food Grade:
Food grade is the standard quality for food & beverage products. It has a wide range of applications in various food & beverage products such as bakery, dairy, meat and poultry, beverages (alcoholic and non-alcoholic), oils and fats. Food grade alfalfa grass powder is used to increase the nutritional value of any product by adding vitamins A & E content which further helps in improving immune system function along with lowering blood pressure levels.
Pharmaceutical Grade:
Pharmaceutical grade is the highest quality available in the market. It is used for making medicines and other health supplements. The grade can be differentiated from food-grade by observing and checking if it meets standards of purity, strength, quality, accuracy & uniformity as well as standardization.
Alfalfa Grass Powder has been standardized to contain a minimum concentration of 20% protein (20 amino acids) which makes it suitable for human consumption along with veterinary use too.
Application Insights:
The food and beverage industry was the largest application segment in 2016, accounting for over 70% of the overall market. The product is widely used as a dairy substitute in non-dairy beverages such as smoothies and milkshakes. It is also added to various bakery products such as bread, rolls, muffins and cakes to increase their nutritional value. Growing awareness regarding health benefits among consumers coupled with rising demand for organic foods across the globe is expected to drive alfalfa grass powder consumption in this application segment over the forecast period.
Alfalfa grass powder has been traditionally used for livestock feed purposes owing to its high protein content.
Regional Analysis:
North America was the largest regional market in 2017 owing to high product demand from dietary supplements, infant formula, and pet food industries. The region is expected to maintain its dominance over the forecast period due to increasing awareness about alfalfa grass powder among farmers and consumers. Moreover, presence of major manufacturers such as Cargill Inc., Archer Daniels Midland Company (ADM), and Bunge Limited in U.
Asia Pacific is anticipated to be one of the fastest-growing regions with a CAGR exceeding 6% during the forecast years on account of rising health consciousness among consumers coupled with growing pharmaceutical industry in India & China. Increasing geriatric population prone to chronic diseases such as cardiovascular diseases, cancers etc., will drive growth further.
Growth Factors:
- Increasing demand for organic food products is expected to drive the growth of the global Alfalfa Grass Powder market over the forecast period.
- Rising awareness about the health benefits of consuming Alfalfa Grass Powder is another key factor that is anticipated to fuel market growth in the near future.
- The increasing popularity of green smoothies and other healthy drinks is also projected to boost demand for Alfalfa Grass Powder in the coming years.
- Growing number of fitness enthusiasts and athletes are likely to propel demand for this product as it helps improve energy levels and physical performance.
Scope Of The Report
Report Attributes
Report Details
Report Title
Alfalfa Grass Powder Market Research Report
By Type
Food Grade, Pharmaceutical Grade
By Application
Food and Beverage Industry, Health Care Products
By Companies
BAREORGANICS, Optimally Organic, Herbal Hills, MAX SUN, OSR Ayurveda, Rainbow Expochem Company, Green Gift, Heilen Biopharm, Navchetana Kendra, Greenwell Overseas, YES HERB, Sost Biotech, Hunan Nutramax, Shree Biotech, Organicway, JIAHERB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Alfalfa Grass Powder Market Report Segments:
The global Alfalfa Grass Powder market is segmented on the basis of:
Types
Food Grade, Pharmaceutical Grade
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage Industry, Health Care Products
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BAREORGANICS
- Optimally Organic
- Herbal Hills
- MAX SUN
- OSR Ayurveda
- Rainbow Expochem Company
- Green Gift
- Heilen Biopharm
- Navchetana Kendra
- Greenwell Overseas
- YES HERB
- Sost Biotech
- Hunan Nutramax
- Shree Biotech
- Organicway
- JIAHERB
Highlights of The Alfalfa Grass Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Food Grade
- Pharmaceutical Grade
- By Application:
- Food and Beverage Industry
- Health Care Products
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Alfalfa Grass Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Alfalfa grass powder is a type of supplement that is made from the dried leaves and flowers of the alfalfa plant. Alfalfa grass powder can be used to help improve your overall health by providing you with essential nutrients, including protein, fiber, and vitamins.
Some of the major players in the alfalfa grass powder market are BAREORGANICS, Optimally Organic, Herbal Hills, MAX SUN, OSR Ayurveda, Rainbow Expochem Company, Green Gift, Heilen Biopharm, Navchetana Kendra, Greenwell Overseas, YES HERB, Sost Biotech, Hunan Nutramax, Shree Biotech, Organicway, JIAHERB.
The alfalfa grass powder market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Alfalfa Grass Powder Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Alfalfa Grass Powder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Alfalfa Grass Powder Market - Supply Chain
4.5. Global Alfalfa Grass Powder Market Forecast
4.5.1. Alfalfa Grass Powder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Alfalfa Grass Powder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Alfalfa Grass Powder Market Absolute $ Opportunity
5. Global Alfalfa Grass Powder Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Alfalfa Grass Powder Market Size and Volume Forecast by Type
5.3.1. Food Grade
5.3.2. Pharmaceutical Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Alfalfa Grass Powder Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Alfalfa Grass Powder Market Size and Volume Forecast by Application
6.3.1. Food and Beverage Industry
6.3.2. Health Care Products
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Alfalfa Grass Powder Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Alfalfa Grass Powder Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Alfalfa Grass Powder Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Alfalfa Grass Powder Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Alfalfa Grass Powder Demand Share Forecast, 2019-2026
9. North America Alfalfa Grass Powder Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Alfalfa Grass Powder Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Alfalfa Grass Powder Market Size and Volume Forecast by Application
9.4.1. Food and Beverage Industry
9.4.2. Health Care Products
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Alfalfa Grass Powder Market Size and Volume Forecast by Type
9.7.1. Food Grade
9.7.2. Pharmaceutical Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Alfalfa Grass Powder Demand Share Forecast, 2019-2026
10. Latin America Alfalfa Grass Powder Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Alfalfa Grass Powder Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Alfalfa Grass Powder Market Size and Volume Forecast by Application
10.4.1. Food and Beverage Industry
10.4.2. Health Care Products
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Alfalfa Grass Powder Market Size and Volume Forecast by Type
10.7.1. Food Grade
10.7.2. Pharmaceutical Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Alfalfa Grass Powder Demand Share Forecast, 2019-2026
11. Europe Alfalfa Grass Powder Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Alfalfa Grass Powder Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Alfalfa Grass Powder Market Size and Volume Forecast by Application
11.4.1. Food and Beverage Industry
11.4.2. Health Care Products
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Alfalfa Grass Powder Market Size and Volume Forecast by Type
11.7.1. Food Grade
11.7.2. Pharmaceutical Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Alfalfa Grass Powder Demand Share, 2019-2026
12. Asia Pacific Alfalfa Grass Powder Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Alfalfa Grass Powder Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Alfalfa Grass Powder Market Size and Volume Forecast by Application
12.4.1. Food and Beverage Industry
12.4.2. Health Care Products
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Alfalfa Grass Powder Market Size and Volume Forecast by Type
12.7.1. Food Grade
12.7.2. Pharmaceutical Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Alfalfa Grass Powder Demand Share, 2019-2026
13. Middle East & Africa Alfalfa Grass Powder Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Alfalfa Grass Powder Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Alfalfa Grass Powder Market Size and Volume Forecast by Application
13.4.1. Food and Beverage Industry
13.4.2. Health Care Products
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Alfalfa Grass Powder Market Size and Volume Forecast by Type
13.7.1. Food Grade
13.7.2. Pharmaceutical Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Alfalfa Grass Powder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Alfalfa Grass Powder Market: Market Share Analysis
14.2. Alfalfa Grass Powder Distributors and Customers
14.3. Alfalfa Grass Powder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BAREORGANICS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Optimally Organic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Herbal Hills
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MAX SUN
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. OSR Ayurveda
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rainbow Expochem Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Green Gift
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Heilen Biopharm
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Navchetana Kendra
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Greenwell Overseas
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. YES HERB
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sost Biotech
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hunan Nutramax
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shree Biotech
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Organicway
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. JIAHERB
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
