Silage Additives Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMCH137 | Last Updated On: Jul 26 2022 | Available Formats

> Global Silage Additives Market Expected to reach a high CAGR of 4.10% during the forecast period 2022-2029: DataM Intelligence

Global Silage Additives Market is segmented By Additives (Acids & Organic acid Salts, Adsorbents, Chemical Inhibitors, Enzymes, Inoculants, Others), By End-Users (Cereals, Legumes, Others), By Application (Ruminant, Swine, Poultry, Aquaculture, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The Global Silage additives market is expected to grow with a CAGR of 4.10% during the forecasting period 2022-2029.

  • In the USA, 99.9% of chickens, 97% of laying hens, 99% of turkeys, 95% of pigs, and 78% of cattle were raised and sold as meat. Cattle and poultry farming are the primary livestock of factory farming.
  • According to the data provided by the Food and Agriculture Organization, there is a significant growth in the consumption of chicken and pork from 2010 to 2013.

Market Growth and Trends

  • Increasing demand for nutritious food is encouraging the farmers to use the silage additives in the feed to increase productivity. Silage reduces the oxygen and increases acidity rapidly in the fodder, as it stabilizes and preserves the forage.
  • An increase in demand for meat and other dairy products led to the industrialization of animal farming.
  • So the farmers started modernizing the equipment as well as including additional inputs like feed additives that enable the growth of the animals thereby increasing overall productivity.
  • For animal farming, fodder is an essential part as it helps in the healthy growth of animals, which results in increases in overall production.
  • But the availability of fodder and its nutrient content is a significant concern for this industry. The reason for the problem as mentioned earlier is that the growth of the silage highly depends on various factors such as climate, soil, water, etc.
  •  The climatic conditions are very uncertain from the past years, and this profoundly impacts the farming of silage.
  • To reduce such instances on the nutrient content of silage, the bile silages were applied with inoculants and chemical additives to obtain the right nutrients. These additives also help to retain the quality of the silage, irrespective of seasons and climatic conditions.
  • Silage is the primary source of animal nutrition. Hence, the livestock farmers prefer to add silage additives to increase the nutrients in the silage. The increasing growth of animal nutrition is spurring the growth of the silage additives market.

Market Segmentation

  • The report covers the factors impacting the market, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles. The silage additives market is segmented based on additives such as Inoculants, Acids & Organic acid Salts, Enzymes, Adsorbents, Chemical Inhibitors. Further, the market has three segments based on the application namely Cereals (Corn, barley, oats, others), Legumes (peas, alfalfa, fava beans, others), and others.

Geographical Share

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Rest of the World

Competitive Landscape

  • The report profiles the following companies, which include BASF SE, ADDCON, ADM, American Farm Products, Bratt brothers, Cargill Inc., CHR. Hansen Holdings, Envirosystems, ForFarmers, KW Forage system, Lallemand, Nutreco, Organic farmers, Volac International Limited.

Trending Topics

Slip Additives Market

Coating Additives Market

Sunflower Seeds Market

Did not find what you were looking for?Every 7 out of 10 customers request tailored reports. Get yours today!
We collate your requirements.
Our global research team is put into action.
We deliver, and make sure your endeavour is a success!

Buy This Report

20% Discount Applied*



Note*: For "Bundle/Bulk" Subscription of Reports,
please contact: [email protected]

Get your free sample proposal with a single click!

linkedinpinterest