Silage Inoculants 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.

 

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The global silage inoculants market is expected to grow at a CAGR of 5.8% during the forecast period 2021 to 2027. 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. Escalation in the number of livestock farms, fluctuations in the environment, and increase in the awareness about silage inoculants in developed and developing countries, high cost of forage and feed inputs are anticipated to fuel the silage inoculants market over the forecast period.  Asia Pacific market is rising due to increase in the demand for meat and livestock products in China and India, industrialization of livestock products, adoption of the intensive farming system, and improve in the silage quality are propel the market. Latin America silage inoculants market has a significant growth due to increase in the awareness about the silage inoculants in Brazil, rise in demand for animal protein, and rise in production and consumption of meat. Middle East and Africa market is poised to grow due to rise in demand for healthy meat in Gulf Cooperation Council (GCC) countries, rise in adoption of silage inoculants, and rise in awareness about the inoculants in South Africa are boost the market.

Silage Inoculants Market Summary

Study Period

2023-29

Base Year

2022

CAGR

5.8%

Largest Market

North America

Fastest Growing Market

Europe
Dynamics

Rise in population demanding for healthy meat, advantages of silage inoculants, and availability of cost-effective silage inoculants are expected to propel the silage inoculants market. However, lack of awareness about silage inoculants in livestock farmers, rise in demand for compound feed and additives, stringent regulatory guidelines for silage inoculants usage, and poor efficiency of silage inoculants may restrain the growth of silage inoculants market.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, 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, regulatory framework and reimbursement scenario
  • 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

Silage Inoculants Market Segmentation

Product Type
  • Heterofermentative Silage Inoculants
  • Homofermentative Silage Inoculants
Crop Type
  • Corn
  • Alfalfa
  • Sorghum
  • Barley
  • Legumes
  • Others
Species
  • Lactobacillus
  • Enterococcus
  • Pediococcus
Enzyme
  • Starch-Digesting
  • Fiber-Digesting
LOCATION

Geography

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

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  • DuPont, Pioneer (DuPont) (U.S.)
  • Lallemand, Inc. (U.S.)
  • Hansen A/S (Denmark)
  • Volac International Limited (U.K.)
  • Micron Bio-Systems (U.S.)
  • Nutreco N.V. (Netherlands)
  • BioZyme, Inc. (U.S.)
  • American Farm Products (U.S.)
  • Schaumann Agri (Germany)