Report overview
When used properly, inoculants are mostly practical bacterial societies, primarily lactic acid germs that encourage the fermentation of forages to assist milk farmers in producing high-quality silage to feed their calves. Forage inoculants are largely maintained by study areas that provide an improvement in nutrient retention, cardiac security, minimizing entirely dry issue loss, and fiber digestibility. With improved application relying on the usage of blended inoculants, the forage inoculants market is expected to grow in the mid-term forecast period. Pediococcus pentosaceous, Lactobacillus plantarum, Pediococcus acidilactici, Lactobacillus buchneri, and Propionibacterium spp. are among the microorganisms used to make the forage inoculants. Forage inoculants also contain chlorine scavengers and also moisture scavengers, as well as are stored at low temperatures, to maintain the vitality of germs while also ensuring the item's quality and efficiency.
This report contains market size and forecasts of Forage Inoculants in global, including the following market information:
Global Forage Inoculants Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Forage Inoculants Market Sales, 2017-2022, 2023-2028, (K Tons)
Global top five Forage Inoculants companies in 2021 (%)
The global Forage Inoculants market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Wet Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Forage Inoculants include Probioferm, Daniel Baum Company, Lallemand, Cargill, Micron Bio-Systems, Hubbard Feeds, Addcon, Agri-King and Volac International and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Forage Inoculants manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Forage Inoculants Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Forage Inoculants Market Segment Percentages, by Type, 2021 (%)
Wet
Dry
Others
Global Forage Inoculants Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Forage Inoculants Market Segment Percentages, by Application, 2021 (%)
Specialty Store
Online Sale
Others
Global Forage Inoculants Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Tons)
Global Forage Inoculants Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Forage Inoculants revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Forage Inoculants revenues share in global market, 2021 (%)
Key companies Forage Inoculants sales in global market, 2017-2022 (Estimated), (K Tons)
Key companies Forage Inoculants sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Probioferm
Daniel Baum Company
Lallemand
Cargill
Micron Bio-Systems
Hubbard Feeds
Addcon
Agri-King
Volac International
Queensland Agricultural Seeds