The goal of silage preservation is to reduce oxygen and increase acidity rapidly, so that lactic acid bacteria grow to stabilize and preserve the forage. Stimulants, such as bacterial inoculants, sugars, and enzymes, are intended to improve the growth of lactic acid bacteria and their acid production. Inhibitors, such as propionates, nonprotein nitrogen, and acids, should slow down unwanted silage degradation.
This report aims to provide a comprehensive presentation of the global market for Silage Additives, 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 Additives. This report contains market size and forecasts of Silage Additives in global, including the following market information:
- Global Silage Additives Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Silage Additives Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Silage Additives companies in 2022 (%)
The global Silage Additives market was valued at US$ 1477.4 million in 2022 and is projected to reach US$ 1743.3 million by 2029, at a CAGR of 2.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The North American region accounted for the highest adoption of silage additives in the livestock industry in 2017, owing to the growth in awareness and increase in the production of corn silage in the US and Canada. Asia Pacific is projected to be the fastest-growing region for the silage additives market in agricultural applications from 2018 to 2023. The significant growth of exportable commodities from the dairy sector, in order to meet the export quality standards, strengthened the market potential for local silage additive manufacturers to develop various products based on organic acids, NPN nutrients, and sugars.
We surveyed the Silage Additives 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 Additives Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Silage Additives Market Segment Percentages, by Type, 2022 (%)
Inoculants
Organic acids
- Sugars
- Enzymes
- NPN nutrients
- Others
Global Silage Additives Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Silage Additives Market Segment Percentages, by Application, 2022 (%)
- Corn
- Alfalfa
- Sorghum
- Oats
- Barley
- Rye
- Others
Global Silage Additives Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Silage Additives 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 Additives revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Silage Additives revenues share in global market, 2022 (%)
- Key companies Silage Additives sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Silage Additives sales share in global market, 2022 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- Lallemand
- Dupont Pioneer
- Schaumann Bioenergy
- Chr. Hansen
- BASF
- Nutreco
- Micron Bio-Systems
- Volac
- Addcon
- American Farm Products
- Josera
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Silage Additives, market overview.
- Chapter 2: Global Silage Additives market size in revenue and volume.
- Chapter 3: Detailed analysis of Silage Additives 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 Additives 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 Additives 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.