News
Stay Ahead with the Latest Industry Trends & Market Insights with Industry News 📰

Silage Additives Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: September 2024 || SKU: CH137
excelpdfpowerpoint
180 pages
Report Summary
Table of Contents
List of Tables & Figures
Get Free Sample

See how US Tariffs impact Silage Additives Market

Don’t get c

Global Silage Additives Market is segmented By Type (Inoculants, Organic Acids and Salts, Enzymes, Adsorbents, Preservatives, Others), By Silage (Cereals, Legumes, Others), By Function (Stimulation, Inhibition) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

 

Report Overview

Global Silage Additives Market reached US$ 2.8 billion in 2023 and is expected to reach US$ 4.5 billion by 2031, growing with a CAGR of 6.1% during the forecast period 2024-2031.

Silage serves as a crucial method of keeping fresh feed for animals, ensuring the availability of dry matter and nutrients even in severe weather conditions. Sillage manufacture is a long-standing tradition in North America and Europe and it is rapidly becoming more prevalent in Asia-Pacific. The global rise in silage consumption has led to a corresponding increase in the demand for silage additives. 

Furthermore, the expansion of industrial livestock production and the processed meat sector is fueling the need for feed silage additives to enhance the quality of meat and boost the overall yield. Novel product development and heightened emphasis on research and development by firms are anticipated to be the primary drivers behind the acceptance of silage additives. 

Due to growing recognition of the potential of silage as a viable alternative to fresh fodder and hay, the production of silage is anticipated to gain significant momentum in developing regions like Asia-Pacific. The pursuit of environmental sustainability in agriculture is fueling the demand for the global silage additives market.

 

Market Scope

Metrics

Details

CAGR

6.1%

Size Available for Years

2022-2031

Forecast Period

2024-2031

Data Availability

Value (US$) 

Segments Covered

Type, Silage, Function and Region

Regions Covered

North America, Europe, Asia-Pacific, South America and Middle East & Africa

Fastest Growing Region

Asia-Pacific

Largest Region

North America

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Other key Insights.

 

For more details on this report - Request for Sample

 

Market Dynamics

Rising Global Meat Demand and Environmental Sustainability 

The increasing global meat demand necessitates the use of efficient livestock feed, which includes silage additives. In 2018, the Food and Agriculture Organization of the United Nations (FAO) projected that global meat production would expand from 337 million tons to 365 million tons by 2028, reflecting an 8.3% growth over the decade. Refinements in silage addition formulations enhance the quality and preservation of feed. 

The Journal of Dairy Science released a study which found that using particular silage additives can reduce dry matter losses by as much as 5% and boost milk production in dairy cows by 1.4 kg per day. The pursuit of environmental sustainability in agriculture is fueling the silage additives industry. US Environmental Protection Agency (EPA) states that usage of additives in silage management can decrease methane emissions from enteric fermentation in calves by as much as 10%, therefore helping to reduce agricultural greenhouse gas emissions. 

High Costs of Silage Additives 

The high price of silage additives might profoundly impede market expansion by restricting their use among smaller or cost-conscious livestock producers. Numerous farmers encounter financial limitations and may perceive the initial expenditure on costly chemicals as prohibitive, resulting in a slower expansion into the market and decreased total utilization.

Moreover, the exorbitant expense can exert pressure on business margins, so diminishing the appeal of additives in comparison to relatively more economical options. Under periods of economic recession, producers may give priority to necessary expenditures and reduce non-essential costs, therefore further impeding the expansion of the silage additives industry.

Market Segment Analysis

The global silage additives market is segmented based on type, sillage, function and region.

Inoculants Dominate The Market

The demand for inoculants is rising dramatically as farmers become more aware of the several advantages provided by inoculants in enhancing production profitability. In the field of agriculture, the development of inoculants has been driven by their capacity to enhance soil quality and promote crop growth.

Silage inoculants refer to additions that contain lactic acid, a type of anaerobic bacterium. Silage inoculants are extensively employed to enhance and control the fermentation process. The primary application of this inoculant is in the production of forage silage since it effectively restricts the depletion of dry matter and nutritional content. Silage inoculants are the primary category of silage additives extensively utilised in Australia. Inoculants are vital for generating a pleasant aroma.

The increasing demand for organic inputs to enhance agricultural yield is driving the expansion of the inoculants market. There has been a rise in the usage of inoculants in agriculture to cultivate crops that possess resistance to anabiotic stress. Furthermore, governments of several emerging nations, including India, are providing assistance to farmers in transitioning to organic and sustainable agriculture methods.

Market Geographical Share

Rapid Rise In Livestock In North America 

The rapid rise in livestock production and the proliferation of cattle ranches are key drivers of the market's expansion. The previous year witnessed a surge in the number of beef cattle farms in Canada, reaching 39,633. This growth can be attributed to the increasing profitability of livestock farming, which in turn has contributed to the expansion of the silage additives industry. 

The use of effective dairy farming techniques for nutrition has witnessed a surge in the past six years, as farmers acknowledge the benefits of nutrient-dense feed in terms of improving crop productivity. Consequently, there has been a commensurate rise in the use of feed additives. The cultivation of silage is a long-standing tradition among farmers in North America. 

The divergent climatic conditions in the area result in limited availability of fresh forage for animals, particularly cattle, during severe weather events. Consequently, the preservation of fresh forage in the form of silage becomes necessary. Bacterial silage inoculants are the predominant silage additives in the region, accounting for more than 70% of the total silage additive usage in the US.

In order to achieve a homogeneous fermentation of silage, bacterial inoculants are used to augment the natural lactic acid bacteria present on the harvested fodder crop. Forage derived from cereals, primarily maize, accounts for roughly 40% of the silage market in North America. Being equipped with a well-developed manufacturing facility for silage and a very knowledgeable clientele, the area is projected to continue being the primary driver of the silage additives market.

Market Competitive Landscape

The major global players in the market include BASF SE, Archer Daniels Midland Company, ForFarmers NV, Chr. Hansen, Lallemand Animal Nutrition, Eastman Chemical Company, Nutreco NV, ADDCON GmbH, BIOMIN Holding GmbH, Kemin Industries Inc., Nutreco NV.

Russia-Ukraine War Impact Analysis

The ongoing conflict between Russia and Ukraine has greatly affected the silage additives industry by intensifying the already elevated prices of fertilizers. The ongoing violence has exacerbated supply chain disruptions and economic restrictions, specifically impacting shipments from Russia and Belarus, as both countries are significant producers of crucial fertilizer nutrients. 

There has been a significant increase in costs and a greater level of uncertainty over the future availability, which has placed extra financial burden on agricultural farmers that depend on these resources. Consequently, the exorbitant price and limited accessibility of fertilizers have indirectly impacted the market for silage additives. 

The rising prices of feed production have resulted in greater overall expenditures for silage additives for producers. The costly constraint may restrict their usage or compel farmers to pursue more economical alternatives, therefore impeding market expansion and acceptance of these additions. 

By Type

  • Inoculants
  • Organic Acids and Salts
  • Enzymes
  • Adsorbents
  • Preservatives
  • Other 

By Silage

  • Cereals
  • Legumes
  • Other

By Function 

  • Stimulation
  • Inhibition

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia-Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia-Pacific
  • Middle East and Africa

Key Developments

  • In November 2022, Alltech introduced Egalis, a novel selection of premium silage inoculants designed to optimize the preservation of nutritional quality and minimize the loss of dry matter.
  • In March 2022, by acquiring the Biomin Biostabil product line from DSM-Firmenich, EW Nutrition has access to a well-established range of silage inoculants. The strategic deal enhances the financial position of EW Nutrition and expands its range of products in the very competitive silage additive industry.
  • In May 2023, FM BioEnergy introduced two innovative products: a revolutionary high-yielding 5-in-1 trace element digester supplement and a novel silage additive specifically developed to optimize biogas production from British grasses.
  • In March 2023, Volac, a UK-based corporation, established a new feed additives section to support the global feed industry in enhancing process efficiency and achieving the Net Zero objective.

Why Purchase the Report?

  • To visualize the global silage additives market segmentation based on type, silage, function and region, as well as understand key commercial assets and players.
  • Identify commercial opportunities by analyzing trends and co-development. 
  • Excel data sheet with numerous data points of the silage additives market with all segments.
  • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
  • Product mapping available as Excel consisting of key products of all the major players. 

The global silage additives market report would provide approximately 65 tables, 55 figures and 219 pages.

Target Audience 2024

  • Manufacturers/ Buyers
  • Industry Investors/Investment Bankers
  • Research Professionals
  • Emerging Companies
Buy this report
Single User
$4350
Multiple User
$4850
Enterprise User
$7850
Proceed to Buy
  Get Free Sample
  Request new version
  Customize Sample
  Demo Full Report
Chat on WhatsApp
FAQ’s

  • Global Silage Additives Market reached US$ 2.8 billion in 2023 and is expected to reach US$ 4.5 billion by 2031

  • Key players are BASF SE, Archer Daniels Midland Company, ForFarmers NV, Chr. Hansen, Lallemand Animal Nutrition, Eastman Chemical Company, Nutreco NV, ADDCON GmbH, BIOMIN Holding GmbH, Kemin Industries Inc and Nutreco NV.
Related Reports
chemicals iconchemicals

Slip Additives Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 October 10

Starting from

$4350

chemicals iconchemicals

Coating Additives Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 September 03

Starting from

$4350

chemicals iconchemicals

Silicone Additives Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2023 October 26

Starting from

$4350

chemicals iconchemicals

Antifog Additives Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2023 September 29

Starting from

$4350

chemicals iconchemicals

Adhesion Barrier Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: 2024 December 12

Starting from

$4350

chemicals iconchemicals

Industrial Adhesive Market Size, Share, Industry Growth, Forecast Report 2024-2031

Published: 2025 April 29

Starting from

$4350

WhatsApp