Silage Additives Market Is Expected to Reach 1830 Million US$ by 2025 – QY Research
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City of Industry, CA -- (SBWire) -- 08/08/2018 --This report researches the worldwide Silage Additives market size (value, capacity, production and consumption) in key regions like North America, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Silage Additives breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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.
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.
Global Silage Additives market size will increase to 1830 Million US$ by 2025, from 1300 Million US$ in 2017, at a CAGR of 4.4% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Silage Additives.
This report focuses on the top manufacturers' Silage Additives capacity, production, value, price and market share of Silage Additives in global market. The following manufacturers are covered in this report:
Lallemand
Dupont Pioneer
Schaumann Bioenergy
Chr. Hansen
BASF
Nutreco
Micron Bio-Systems
Volac
Addcon
American Farm Products
Josera
Silage Additives Breakdown Data by Type
Inoculants
Organic acids
Sugars
Enzymes
NPN nutrients
Others
Silage Additives Breakdown Data by Application
Corn
Alfalfa
Sorghum
Oats
Barley
Rye
Others
Silage Additives Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
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