Silage Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Silage Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A4422
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Market Overview:

The global silage additives market is expected to exhibit a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Silage additives refer to the chemical compounds utilized for improving silage quality and controlling the preservation process of the fermented forage used in livestock feed. They also aid in increase the nutritional content and improving overall silage hygiene. Some commonly used silage additives include organic acids, enzymes, sugars, absorbents, mineral acids and bacterial inoculants, such as homofermentative, heterofermentative and combination products. These stimulants enhance the production of lactic acid and reduce oxygen levels to stabilize and preserve the forage. Silage additives also include various inhibitors, such as nonprotein nitrogen (NON) and propionates, to delay the unwanted silage degradation. As a result, they are widely used for crops, such as corn, alfalfa, sorghum, oats, rye, barley, wheat, clove and forage grasses.

Silage Additives Market Trends:

The increasing awareness regarding animal nutrition among the masses is one of the key factors driving the market growth. Silage additives increase nutrient recovery of the feed to improve animal health and wellbeing and minimize the risks of heating leading to the development of mold in the feed during storage. High-quality silage additives also aid in promoting feed intake and enhancing animal yield. Moreover, the widespread adoption of silage as a substitute for fresh fodder or hay is providing a thrust to the market growth. In line with this, the rising emphasis on environmental safety and sustainability is also contributing to the growth of the market. Product manufacturers are developing innovative silage additive blends of buffered formic acid and propionic acid, which are environment friendly organic acids with minimal irritant and corrosive properties. Other factors, including the increasing demand for premium quality animal protein among the consumers, along with extensive research and development (R&D) activities, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global silage additives market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, form, function and silage crop.

Breakup by Type:

  • Inoculants
  • Organic Acids and Salts
  • Enzymes
  • Adsorbents
  • Preservatives
  • Others
     

Breakup by Form:

  • Dry
  • Liquid
     

Breakup by Function:

  • Stimulation
  • Inhibition
  • Others
     

Breakup by Silage Crop:

  • Corn
  • Alfalfa
  • Sorghum
  • Oats
  • Barley
  • Rye
  • Others
     

Breakup by Region:

  • 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
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ADDCON GmbH (Esseco Group Srl), American Farm Products Inc., Archer-Daniels-Midland Company, BASF SE, BIOMIN GmbH (Koninklijke DSM N.V.), Chr. Hansen Holding A/S, Corteva Inc., Eastman Chemical Company, Josera GmbH & Co. KG, Lallemand Inc., Nutreco N.V., Schaumann BioEnergy Consult GmbH and Volac International Limited.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, Form, Function, Silage Crop, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ADDCON GmbH (Esseco Group Srl), American Farm Products Inc., Archer-Daniels-Midland Company, BASF SE, BIOMIN GmbH (Koninklijke DSM N.V.), Chr. Hansen Holding A/S, Corteva Inc., Eastman Chemical Company, Josera GmbH & Co. KG, Lallemand Inc., Nutreco N.V., Schaumann BioEnergy Consult GmbH and Volac International Limited
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global silage additives market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global silage additives market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the form?
  • What is the breakup of the market based on the function?
  • What is the breakup of the market based on the silage crop?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global silage additives market and who are the key players?
  • What is the degree of competition in the industry?

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Silage Additives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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