Latin America Silage Inoculant Market By Product Type (Heterofermentative Silage Inoculants, Homofermentative Silage Inoculants), By Crop Type (Corn, Alfalfa, Sorghum, Barley, Legumes, Others), By Species Type (Lactobacillus, Enterococcus, Pediococcus), By Enzyme Type (Starch-Digesting, Fiber-Digesting), and Geography  

Latin America Market Dynamics

Silage inoculants are the agents used in controlling the fermentation of silage and improve their quality. Fermentation of the silage is an uncontrollable process that leads to loss of nutrients in the silage. These are used in the crops with sufficient moisture content and water-soluble carbohydrates. Increase in the number of livestock farms, rise in healthy meat consumption and production, and rise in awareness about the silage inoculants in emerging countries such as Brazil are anticipated to fuel the Latin America silage inoculants market. However, stringent regulations for the inoculants usage, lack of awareness about inoculants in underdeveloped countries, and poor efficiency of silage inoculant may hamper the growth of Latin America silage inoculants market over the fore

Latin America  Market Scope

Latin America market is segmented on the basis of product type, crop type, species, enzyme, and country

Based on the product type,  market is segmented into the following

• Heterofermentative Silage Inoculants
• Homofermentative Silage Inoculants

Based on the crop type, market is segmented into the following

• Corn
• Alfalfa
• Sorghum
• Barley
• Legumes
• Others

Based on the species,  market is segmented into the following

• Lactobacillus
• Enterococcus
• Pediococcus

Based on the enzyme, market is segmented into the following

• Starch-Digesting
• Fiber-Digesting

Based on the country, market is segmented into the following

• Brazil
• Mexico
• Argentina
• Venezuela
• Rest of Latin America

Regional Analysis:  Silage Inoculant Market

Geographically, Latin America market is segmented into Brazil, Mexico, Argentina, Venezuela, and Rest of Latin America. Brazil silage inoculant market is rising due to increase in the livestock farms, rise in demand for healthy meat, and increase in awareness about the silage inoculants are boost the market.  Mexico silage inoculant market has a significant growth attributed to rise in population demanding of healthy meat, increase in the agriculture production, and rise in demand for animal protein. Argentina silage inoculant market is poised to grow at notable rate due to rise in adoption of intensive farming, expansion of business by the companies, and high cost of forage are propel the market.

Competition Assessment

• DuPont, Pioneer (DuPont) (U.S.)
• Lallemand, Inc. (U.S.)
• Hansen A/S (Denmark)
• Nutreco N.V. (Netherlands)
• Schaumann Agri (Germany)

Key Features of the Report

• The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key marketdevelopments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies and regulatory framework
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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Location

GEOGRAPHY