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.
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.
Market Analysis and Insights: Global Silage Inoculants & Enzymes Market
In 2020, the global Silage Inoculants & Enzymes market size was US$ 536 million and it is expected to reach US$ 729.6 million by the end of 2027, with a CAGR of 4.2% during 2021-2027.
Global Silage Inoculants & Enzymes Scope and Market Size
Silage Inoculants & Enzymes market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Silage Inoculants & Enzymes market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.
Segment by Type, the Silage Inoculants & Enzymes market is segmented into
Segment by Application, the Silage Inoculants & Enzymes market is segmented into
Regional and Country-level Analysis:
- North America
- United States
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- Nordic Countries
- Rest of Europe
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Rest of MEA
Competitive Landscape and Silage Inoculants & Enzymes Market Share Analysis
Silage Inoculants & Enzymes market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Silage Inoculants & Enzymes product introduction, recent developments, Silage Inoculants & Enzymes sales by region, type, application and by sales channel.
The major companies include:
- Archer Daniels Midland
- Chr. Hansen
- Du Pont
- Kemin Industries
- Addcon Group
- Volac International
- Biomin Holding
- Schaumann Bioenergy
Reasons to Purchase Our Research Report:
1. Analyzing the outlook of the market with the recent trends and SWOT analysis
2. Market dynamics scenario, along with growth opportunities of the market in the years to come
3. Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
4. Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
5. Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
6. Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
7. Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
8. Analyst support, along with the data support in excel format.
Table of content
1 Study Coverage
1.1 Silage Inoculants & Enzymes Product Introduction
1.2 Market by Type
1.2.1 Global Silage Inoculants & Enzymes Market Size Growth Rate by Type
1.3 Market by Application
1.3.1 Global Silage Inoculants & Enzymes Market Size Growth Rate by Application
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Silage Inoculants & Enzymes Market Size Estimates and Forecasts
2.1.1 Global Silage Inoculants & Enzymes Revenue 2016-2027
2.1.2 Global Silage Inoculants & Enzymes Sales 2016-2027
2.2 Silage Inoculants & Enzymes Market Size by Region: 2021 Versus 2027
2.3 Silage Inoculants & Enzymes Sales by Region (2016-2027)
2.3.1 Global Silage Inoculants & Enzymes Sales by Region: 2016-2021
2.3.2 Global Silage Inoculants & Enzymes Sales Forecast by Region (2022-2027)
2.3.3 Global Silage Inoculants & Enzymes Sales Market Share by Region (2016-2027)
2.4 Silage Inoculants & Enzymes Market Estimates and Projections by Region (2022-2027)
2.4.1 Global Silage Inoculants & Enzymes Revenue by Region: 2016-2021
2.4.2 Global Silage Inoculants & Enzymes Revenue Forecast by Region (2022-2027)
2.4.3 Global Silage Inoculants & Enzymes Revenue Market Share by Region (2016-2027)
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