Report overview
Silage inoculants are additives containing anaerobic lactic acid bacteria (LAB) that are used to manipulate and enhance fermentation in haylage (alfalfa, grass, cereal) and corn silage. A more efficient fermentation is the desired result.
Silage inoculants consist of bacteria which are used to dominate the fermentation of the silage and further aid in better crop preservation. A good silage inoculant helps in faster and more efficient fermentation. It further results in less energy and dry matter loss and better animal performance. Inoculants can decrease the silage shrink, increase silage quality, and result in the enhancement in the efficiency of milk or meat production.
Enzymes are a cost effective supplement to be considered when used in combination with a quality silage inoculant. Enzymes help insure the lactic acid bacteria responsible for pH drop, have an adequate supply of sugars plus enzymes may help improve subsequent fiber digestion at feed out.
This report aims to provide a comprehensive presentation of the global market for Silage Inoculants & Enzymes, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Silage Inoculants & Enzymes. This report contains market size and forecasts of Silage Inoculants & Enzymes in global, including the following market information:
Global Silage Inoculants & Enzymes Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Silage Inoculants & Enzymes Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Silage Inoculants & Enzymes companies in 2022 (%)
The global Silage Inoculants & Enzymes market was valued at US$ 586.5 million in 2022 and is projected to reach US$ 772.8 million by 2029, at a CAGR of 4.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Silage Inoculants & Enzymes key players include Archer Daniels Midland, Chr. Hansen, Du Pont, etc. Global top three manufacturers hold a share about 40%.
North America is the largest market, with a share about 40%, followed by Europe and Asia-Pacific, both have a share over 45 percent.
In terms of product, Homofermentative is the largest segment, with a share over 60%. And in terms of application, the largest application is Corn, followed by Alfalfa.
We surveyed the Silage Inoculants & Enzymes 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 Silage Inoculants & Enzymes Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Silage Inoculants & Enzymes Market Segment Percentages, by Type, 2022 (%)
Heterofermentative
Homofermentative
Global Silage Inoculants & Enzymes Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Silage Inoculants & Enzymes Market Segment Percentages, by Application, 2022 (%)
Corn
Sorghum
Alfalfa
Other
Global Silage Inoculants & Enzymes Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Silage Inoculants & Enzymes Market Segment Percentages, By Region and Country, 2022 (%)
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 Silage Inoculants & Enzymes revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Silage Inoculants & Enzymes revenues share in global market, 2022 (%)
Key companies Silage Inoculants & Enzymes sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Silage Inoculants & Enzymes sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Archer Daniels Midland
Chr. Hansen
Du Pont
Kemin Industries
Addcon Group
Volac International
Agri-King
Biomin Holding
Lallemand
Schaumann Bioenergy
Cargill
Outline of Major Chapters:
Chapter 1: Introduces the definition of Silage Inoculants & Enzymes, market overview.
Chapter 2: Global Silage Inoculants & Enzymes market size in revenue and volume.
Chapter 3: Detailed analysis of Silage Inoculants & Enzymes manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Silage Inoculants & Enzymes in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Silage Inoculants & Enzymes capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
