Picture
SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1734862

Cover Image

PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1734862

Lucerne Market Forecasts to 2032 - Global Analysis By Type (Organic Lucerne, Conventional Lucerne, Genetically Modified (GM) Lucerne, Non-GMO Lucerne and Other Types), Form, Distribution Channel, Application, End User and By Geography

PUBLISHED:
PAGES: 200+ Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
PDF (Single User License)
USD 4150
PDF (2-5 User License)
USD 5250
PDF & Excel (Site License)
USD 6350
PDF & Excel (Global Site License)
USD 7500

Add to Cart

According to Stratistics MRC, the Global Lucerne Market is growing at a CAGR of 9.0% during the forecast period. Lucerne, also known as alfalfa (Medicago sativa), is a perennial flowering plant widely cultivated as a forage crop for livestock due to its high nutritional value. Native to South-Central Asia, it thrives in temperate climates and is valued for its deep root system, which allows it to withstand drought and improve soil fertility. Rich in protein, vitamins, and minerals, Lucerne is typically harvested as hay, silage, or used in pasture grazing. It also supports sustainable agriculture by fixing nitrogen in the soil through a symbiotic relationship with rhizobia bacteria.

Market Dynamics:

Driver:

Increasing demand for dairy and meat products

The increasing demand for dairy and meat products in the market is driven by several key factors. Rising population and urbanization have led to higher consumption rates, while growing health awareness boosts demand for protein-rich foods. Additionally, changing dietary habits and higher disposable incomes contribute to increased spending on animal-based products. The expansion of retail and foodservice sectors, along with innovations in packaging and cold storage, also support market growth, making Lucerne a thriving hub for dairy and meat consumption.

Restraint:

Availability of cheaper feed alternatives

The availability of cheaper feed alternatives poses a significant challenge to the market by diverting demand toward more cost-effective options. Despite Lucerne's nutritional advantages, price-sensitive farmers may opt for less expensive feeds, reducing its market share. This shift can lead to decreased profitability for Lucerne producers and limit investment in its cultivation. Additionally, increased competition from alternatives may suppress prices, making it harder for Lucerne to compete unless its unique health and sustainability benefits are effectively communicated.

Opportunity:

Growing awareness of health benefits in humans

Growing awareness of health benefits in the market is driven by increasing consumer demand for natural, high-protein animal feed, rising health consciousness, and the shift toward sustainable agriculture. Lucerne, known for its rich nutrient profile, supports animal health and indirectly promotes better human nutrition through dairy and meat products. Government initiatives, educational campaigns, and growing interest in organic food production further fuel this trend, making Lucerne a popular choice among health-aware farmers and consumers alike.

Threat:

High cost and slow rate of establishment

The high cost and slow rate of establishment significantly hinder the growth of the market. Establishing Lucerne requires substantial initial investment in quality seeds, soil preparation, and irrigation, making it less attractive to small and medium-scale farmers. Its slow growth rate delays returns, further discouraging adoption. These factors limit widespread cultivation, reduce production volumes, and restrict market expansion. As a result, farmers may turn to faster-growing, less costly alternatives, undermining Lucerne's potential despite its long-term nutritional benefits.

Covid-19 Impact

The COVID-19 pandemic severely disrupted the market by causing significant supply chain interruptions. Lockdowns and movement restrictions hindered the transportation of Lucerne hay and other essential feed ingredients, leading to shortages and delayed deliveries. This disruption not only increased feed costs but also affected the availability of quality Lucerne, impacting livestock health and productivity. Additionally, labor shortages and market closures further strained the agricultural sector, reducing the demand for Lucerne and affecting its market stability.

The organic lucerne segment is expected to be the largest during the forecast period

The organic lucerne segment is expected to account for the largest market share during the forecast period, due to increasing consumer preference for healthier, chemical-free products, particularly among health-conscious individuals and livestock farmers. Growing awareness about the environmental benefits of organic farming, such as soil health and biodiversity preservation, also contributes to the market's growth. Additionally, the rise in organic feed demand for livestock, as well as the expanding organic food sector, further boosts the appeal of organic lucerne, making it a sought-after commodity.

The dairy cattle segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the dairy cattle segment is predicted to witness the highest growth rate. As populations grow and dietary patterns shift, particularly in developing nations, the need for high-quality dairy cattle feed intensifies. Lucerne, known for its high protein content and nutritional value, plays a crucial role in enhancing milk production and overall cattle health. Additionally, environmental factors such as droughts and floods limit natural grazing options, prompting farmers to rely more on formulated cattle feed like Lucerne to sustain livestock health and productivity.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share. The expansion of large-scale commercial dairy and livestock operations, particularly in China and India, has significantly increased demand for high-quality forage. Lucerne's rich nutritional profile, offering digestible proteins, fiber, and essential vitamins, makes it a preferred choice for animal feed. Additionally, rising disposable incomes and changing dietary preferences are boosting consumption of dairy and meat products, further fueling the need for premium feed sources like lucerne .

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR. The rising demand for high-quality animal feed, especially for dairy and livestock sectors in the United States and Canada, has increased the need for nutritious forage crops like lucerne. Additionally, advancements in agricultural practices, such as the adoption of disease-resistant and drought-tolerant lucerne varieties, have improved yield and resilience. Government support and favorable policies further contribute to the expansion of lucerne cultivation in the region.

Key players in the market

Some of the key players profiled in the Lucerne Market include Schindler Aufzuge AG, Emmi AG, ALSO Holding AG, B. Braun Medical AG, Opacc Software AG, Toradex AG, Verkehrsbetriebe Luzern AG, Monosuisse AG, Confiseur Bachmann AG, JT International AG, Rottal Auto AG, Thermoplan AG, Frey + Cie Elektro AG, Linde Gas Schweiz AG and Gemu GmbH.

Key Developments:

In May 2024, B. Braun Medical AG has commenced operations at a new production facility for disinfectant and hygiene products at the company's Swiss headquarters in Sempach in the canton of Lucerne. A sum of approximately 75 million Swiss francs has been invested in the N.I.C.O. (New Infection Control Operations) plant, with the aim of doubling Disinfection production capacities over the medium term, further details of which can be found in a press release.

In March 2024, Opacc has announced two new developments: During a period of several years under development, the company from the canton of Lucerne has completely redesigned the Opacc ERP user interface with its over 1 million lines of code. The major project was announced at the Opacc Connect conference in 2022 under the project name Better ERP Experience. According to a press release, this fifth generation of the ERP user interface will be released on April 1 under its new name of Nytron.

Types Covered:

  • Organic Lucerne
  • Conventional Lucerne
  • Genetically Modified (GM) Lucerne
  • Non-GMO Lucerne
  • Other Types

Forms Covered:

  • Bales
  • Pellets
  • Cubes
  • Powder

Distribution Channels Covered:

  • Direct Sales (B2B)
  • Online Platforms
  • Distributors/Wholesalers
  • Retail

Applications Covered:

  • Dairy Cattle
  • Beef Cattle
  • Poultry
  • Horses
  • Sheep and Goats
  • Biofuel
  • Other Applications

End Users Covered:

  • Farms
  • Animal Feed Manufacturers
  • Exporters
  • Government/Agencies
  • Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Product Code: SMRC29499

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Application Analysis
  • 3.7 End User Analysis
  • 3.8 Emerging Markets
  • 3.9 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Lucerne Market, By Type

  • 5.1 Introduction
  • 5.2 Organic Lucerne
  • 5.3 Conventional Lucerne
  • 5.4 Genetically Modified (GM) Lucerne
  • 5.5 Non-GMO Lucerne
  • 5.6 Other Types

6 Global Lucerne Market, By Form

  • 6.1 Introduction
  • 6.2 Bales
  • 6.3 Pellets
  • 6.4 Cubes
  • 6.5 Powder

7 Global Lucerne Market, By Distribution Channel

  • 7.1 Introduction
  • 7.2 Direct Sales (B2B)
  • 7.3 Online Platforms
  • 7.4 Distributors/Wholesalers
  • 7.5 Retail

8 Global Lucerne Market, By Application

  • 8.1 Introduction
  • 8.2 Dairy Cattle
  • 8.3 Beef Cattle
  • 8.4 Poultry
  • 8.5 Horses
  • 8.6 Sheep and Goats
  • 8.7 Biofuel
  • 8.8 Other Applications

9 Global Lucerne Market, By End User

  • 9.1 Introduction
  • 9.2 Farms
  • 9.3 Animal Feed Manufacturers
  • 9.4 Exporters
  • 9.5 Government/Agencies
  • 9.6 Other End Users

10 Global Lucerne Market, By Geography

  • 10.1 Introduction
  • 10.2 North America
    • 10.2.1 US
    • 10.2.2 Canada
    • 10.2.3 Mexico
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 Italy
    • 10.3.4 France
    • 10.3.5 Spain
    • 10.3.6 Rest of Europe
  • 10.4 Asia Pacific
    • 10.4.1 Japan
    • 10.4.2 China
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 New Zealand
    • 10.4.6 South Korea
    • 10.4.7 Rest of Asia Pacific
  • 10.5 South America
    • 10.5.1 Argentina
    • 10.5.2 Brazil
    • 10.5.3 Chile
    • 10.5.4 Rest of South America
  • 10.6 Middle East & Africa
    • 10.6.1 Saudi Arabia
    • 10.6.2 UAE
    • 10.6.3 Qatar
    • 10.6.4 South Africa
    • 10.6.5 Rest of Middle East & Africa

11 Key Developments

  • 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 11.2 Acquisitions & Mergers
  • 11.3 New Product Launch
  • 11.4 Expansions
  • 11.5 Other Key Strategies

12 Company Profiling

  • 12.1 Schindler Aufzuge AG
  • 12.2 Emmi AG
  • 12.3 ALSO Holding AG
  • 12.4 B. Braun Medical AG
  • 12.5 Opacc Software AG
  • 12.6 Toradex AG
  • 12.7 Verkehrsbetriebe Luzern AG
  • 12.8 Monosuisse AG
  • 12.9 Confiseur Bachmann AG
  • 12.10 JT International AG
  • 12.11 Rottal Auto AG
  • 12.12 Thermoplan AG
  • 12.13 Frey + Cie Elektro AG
  • 12.14 Linde Gas Schweiz AG
  • 12.15 Gemu GmbH
Product Code: SMRC29499

List of Tables

  • Table 1 Global Lucerne Market Outlook, By Region (2024-2032) ($MN)
  • Table 2 Global Lucerne Market Outlook, By Type (2024-2032) ($MN)
  • Table 3 Global Lucerne Market Outlook, By Organic Lucerne (2024-2032) ($MN)
  • Table 4 Global Lucerne Market Outlook, By Conventional Lucerne (2024-2032) ($MN)
  • Table 5 Global Lucerne Market Outlook, By Genetically Modified (GM) Lucerne (2024-2032) ($MN)
  • Table 6 Global Lucerne Market Outlook, By Non-GMO Lucerne (2024-2032) ($MN)
  • Table 7 Global Lucerne Market Outlook, By Other Types (2024-2032) ($MN)
  • Table 8 Global Lucerne Market Outlook, By Form (2024-2032) ($MN)
  • Table 9 Global Lucerne Market Outlook, By Bales (2024-2032) ($MN)
  • Table 10 Global Lucerne Market Outlook, By Pellets (2024-2032) ($MN)
  • Table 11 Global Lucerne Market Outlook, By Cubes (2024-2032) ($MN)
  • Table 12 Global Lucerne Market Outlook, By Powder (2024-2032) ($MN)
  • Table 13 Global Lucerne Market Outlook, By Distribution Channel (2024-2032) ($MN)
  • Table 14 Global Lucerne Market Outlook, By Direct Sales (B2B) (2024-2032) ($MN)
  • Table 15 Global Lucerne Market Outlook, By Online Platforms (2024-2032) ($MN)
  • Table 16 Global Lucerne Market Outlook, By Distributors/Wholesalers (2024-2032) ($MN)
  • Table 17 Global Lucerne Market Outlook, By Retail (2024-2032) ($MN)
  • Table 18 Global Lucerne Market Outlook, By Application (2024-2032) ($MN)
  • Table 19 Global Lucerne Market Outlook, By Dairy Cattle (2024-2032) ($MN)
  • Table 20 Global Lucerne Market Outlook, By Beef Cattle (2024-2032) ($MN)
  • Table 21 Global Lucerne Market Outlook, By Poultry (2024-2032) ($MN)
  • Table 22 Global Lucerne Market Outlook, By Horses (2024-2032) ($MN)
  • Table 23 Global Lucerne Market Outlook, By Sheep and Goats (2024-2032) ($MN)
  • Table 24 Global Lucerne Market Outlook, By Biofuel (2024-2032) ($MN)
  • Table 25 Global Lucerne Market Outlook, By Other Applications (2024-2032) ($MN)
  • Table 26 Global Lucerne Market Outlook, By End User (2024-2032) ($MN)
  • Table 27 Global Lucerne Market Outlook, By Farms (2024-2032) ($MN)
  • Table 28 Global Lucerne Market Outlook, By Animal Feed Manufacturers (2024-2032) ($MN)
  • Table 29 Global Lucerne Market Outlook, By Exporters (2024-2032) ($MN)
  • Table 30 Global Lucerne Market Outlook, By Government/Agencies (2024-2032) ($MN)
  • Table 31 Global Lucerne Market Outlook, By Other End Users (2024-2032) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!