Silage Additives Market By Product Type, By Silage Crop, By Formulation, By Application, and Geography  

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Silage Additives Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product Type (Organic acids, Enzymes, Sugars, Inoculants, Others), By Silage Crop (Alfalfa, Oats, Rye, Barley, Corn, Sorghum, Others), By Formulation (Dry, Liquid), By Application (Inhibition, Stimulation, Moisture Absorption, Others), and Region  

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Silage Additives Market size was valued at US$ 2,523.2 million in 2022 and is expected to grow at a CAGR of 4.6% from 2023-2029. The global market provides a detailed overview and which can be segmented by product type, silage crop, formulation, application, and region. By product type, the market has been segmented into organic acids, enzymes, sugars, inoculants, and others. By product type, the enzyme segment would expect to have the largest revenue share of the silage additives market over the forecasted period due to the high demand for enzymes as additives in various food items. Based on silage crops, the segment has been segregated into alfalfa, oats, rye, barley, corn, sorghum, and others. Corn constitutes a significant market share owing to a high production rate of corn worldwide. North America leads the crop segment market due to having well-established farms for corn production. Based on formulation, the segment has been segregated into dry, and liquid. Based on the formulation, the liquid segment is expected to dominate the global silage additives market. Based on the application, the segment has been segregated into inhibition, stimulation, moisture absorption, and others. The moisture absorption segment is expected to lead the end-user segments due to the increasing demand for frozen foods worldwide, which enhances the demand for moisture absorption applications.

Silage Additives Market Key Development:
  • In March 2021, Volac acquired Micron Bio-Systems, the UK-based bio-science solutions company. Micron Bio-Systems manufactures and sells silage additives at its site in the United Kingdom and the United States.
  • In January 2021, the U.S. FDA approved Enhertu for the treatment of advanced or metastatic forms of the disease.

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Silage Additives Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.6%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Silage Additives Market Dynamics

The increasing focus of governments on feed cost reduction, and boosting animal productivity would fuel the growth of the silage additives market over the forecast period.

Silage Additives Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2022

US$ 2,523.2 million

Market CAGR

4.6%

By Product Type

  • Organic acids
  • Enzymes
  • Sugars
  • Inoculants
  • Others

By Crop Type

  • Alfalfa
  • Oats
  • Rye
  • Barley
  • Corn
  • Sorghum
  • Others

By Formulation

  • Dry
  • Liquid

By application

  • Inhibition
  • Stimulation
  • Moisture Absorption
  • Others

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The major factors driving the market growth are the rise in the mandate for sustainable agricultural practices, evolution in research on profitable silage preparation processes, and production costs.

The liquid formulation is expected to dominate the silage additives market.

North America dominated the global silage additives market and held a significant market share, and would expand to dominate the global market increasing the production rate of silage crops, and technological advancement in increasing the productivity rate of animals.

Based on the silage crop, the corn segment is expected to account for the largest share of the Silage Additives market during the forecast period, due to the increasing production rate of corn across the globe under suitable conditions.

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Author

Manoj Kumar

Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....

1. Executive Summary

2. Global Silage Additives Market Introduction

2.1. Global Silage Additives Market – Taxonomy

2.2. Global Silage Additives Market –Definitions

2.2.1. Product Type

2.2.2. Crop Type

3. Global Silage Additives Market Dynamics

3.1. Drivers

3.2. Restraints

3.3. Opportunities/Unmet Needs of the Market

3.4. Trends

3.5. Global Silage Additives Market Dynamic Factors - Impact Analysis

3.6. Global Silage Additives Market – Regulations

3.6.1. U.S.

3.6.2. Europe

4. Global Silage Additives Market Analysis, 2013 – 2017 and Forecast, 2023 – 2029

4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)

4.3. Market Opportunity Analysis

5. Global Silage Additives Market Analysis, By Product Type, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

5.1. Organic Acids

5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.1.3. Market Opportunity Analysis

5.2. Enzymes

5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.2.3. Market Opportunity Analysis

5.3. Sugars

5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.3.3. Market Opportunity Analysis

5.4. Inoculants

5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.4.3. Market Opportunity Analysis

5.5. Others

5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

5.5.3. Market Opportunity Analysis

6. Global Silage Additives Market Analysis, By Crop Type, 2018 - 2022 and Forecast, 2023 – 2029

6.1. Alfalfa 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 6.1.3. Market Opportunity Analysis

6.2. Oats 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.2.3. Market Opportunity Analysis

6.3. Rye

6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.3.3. Market Opportunity Analysis

6.4. Barley

6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.4.3. Market Opportunity Analysis

6.5. Corn

6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.5.3. Market Opportunity Analysis 6.6. Sorghum

6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.6.3. Market Opportunity Analysis

6.7. Others

6.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

6.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

6.7.3. Market Opportunity Analysis

7. Global Silage Additives Market Analysis, By Application, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

7.1. Inhibition

7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.1.3. Market Opportunity Analysis

7.2. Stimulation

7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.2.3. Market Opportunity Analysis

7.3. Moisture Absorption

7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.3.3. Market Opportunity Analysis

7.4. Others

7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

7.4.3. Market Opportunity Analysis

8. Global Silage Additives Market Analysis, By Formulation Type, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

8.1. Dry

8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.1.3. Market Opportunity Analysis

8.2. Liquid

8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

8.2.3. Market Opportunity Analysis

9. Global Silage Additives Market Analysis, By Region, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

9.1. North America

9.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

9.1.3. Market Opportunity Analysis

9.2. Europe

9.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

9.2.3. Market Opportunity Analysis

9.3. Asia-Pacific

9.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

9.3.3. Market Opportunity Analysis

9.4. Latin America

9.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

9.4.3. Market Opportunity Analysis 9.5. Middle East and Africa

9.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)

9.5.3. Market Opportunity Analysis

9.6. Global Silage Additives Market - Opportunity Analysis Index, By Product Type, By Crop Type, By Application, By Formulation Type, and Region, 2023 – 2029

10. North America Silage Additives Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

10.1. Product Type Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)

10.1.1. Organic acids

10.1.2. Enzymes

10.1.3. Sugars

10.1.4. Inoculants

10.1.5. Others

10.2. Crop Type Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.2.1. Alfalfa

10.2.2. Oats

10.2.3. Rye

10.2.4. Barley

10.2.5. Corn

10.2.6. Sorghum

10.2.7. Others

10.3. Application Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)

10.3.1. Inhibition

10.3.2. Stimulation

10.3.3. Moisture Absorption

10.3.4. Others

10.4. Formulation Type Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%).

10.4.1. Dry

10.4.2. Liquid

10.5. Country Analysis 2016 and Forecast 2023 – 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%).

10.5.1. U.S.

10.5.2. Canada

10.6. North America Silage Additives Market - Opportunity Analysis Index, By Product Type, By Crop Type, By Application, By Formulation Type, and Country, 2023 – 2029.

10.7. North America Silage Additives Market Dynamics – Trends

11. Europe Silage Additives Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

11.1. Country Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

11.1.1. Germany

11.1.2. UK

11.1.3. France

11.1.4. Spain

11.1.5. Italy

11.1.6. Russia

11.1.7. Poland

11.1.8. Rest of Europe

11.2. Europe Silage Additives Market - Opportunity Analysis Index, By Product Type, By Crop Type, By Application, By Formulation Type, and Country, 2023 – 2029

11.3. Europe Silage Additives Market Dynamics – Trends

12. Asia-Pacific Silage Additives Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

12.1. Country Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

12.1.1. Japan

12.1.2. China

12.1.3. India

12.1.4. ASEAN

12.1.5. Australia & New Zealand

12.1.6. Rest of Asia-Pacific

12.2. Asia-Pacific Silage Additives Market - Opportunity Analysis Index, By Product Type, By Crop Type, By Application, By Formulation Type, and Country, 2023 – 2029

12.3. Asia-Pacific Silage Additives Market Dynamics – Trends

13. Latin America Silage Additives Market Analysis, 2012 - 2012 - 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

13.1. Country Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

13.1.1. Brazil

13.1.2. Mexico

13.1.3. Argentina

13.1.4. Venezuela

13.1.5. Rest of Latin America

13.2. Latin America Silage Additives Market - Opportunity Analysis Index, By Product Type, By Crop Type, By Application, By Formulation Type, and Country, 2023 – 2029

13.3. Latin America Silage Additives Market Dynamics – Trends

14. Middle East and Africa Silage Additives Market Analysis, 2018 - 2022 and Forecast, 2023 – 2029 (Revenue, USD Mn)

14.1. Country Analysis 2018 - 2022 and Forecast 2023 – 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)

14.1.1. Gulf Cooperation Council (GCC) Countries

14.1.2. Israel

14.1.3. South Africa

14.1.4. Rest of MEA

14.2. MEA Silage Additives Market - Opportunity Analysis Index, By Product Type, By Crop Type, By Application, By Formulation Type, and Country, 2023 – 2029

14.3. MEA Silage Additives Market Dynamics – Trends

15. Competition Landscape

15.1. Strategic Dashboard of Top Market Players

15.2. Company Profiles (Introduction, Financial Analysis, Product & Service Offerings, Key Developments, Strategies, and SWOT Analysis)

15.2.1. BASF SE (Germany)

15.2.2. DuPont, Pioneer (DuPont) (U.S.)

15.2.3. Lallemand, Inc. (U.S.)

15.2.4. Schaumann BioEnergyGmbH (Germany)

15.2.5. Hansen A/S (Denmark)

15.2.6. Biomin (Austria)

15.2.7. Volac International Limited (UK)

15.2.8. Micron Bio-Systems (U.S.)

15.2.9. American Farm Products (U.S.)

15.2.10. Nutreco N.V. (Netherlands)

15.2.11. BioZyme, Inc. (U.S.)

16. Research Methodology

17. Key Assumptions and Acronyms

Key Market Players

  • BASF SE (Germany)
  • DuPont, Pioneer (DuPont) (U.S.)
  • Lallemand, Inc. (U.S.)
  • Schaumann BioEnergyGmbH (Germany)
  • Hansen A/S (Denmark)
  • Biomin (Austria)
  • Volac International Limited (UK)
  • Micron Bio-Systems (U.S.)
  • American Farm Products (U.S.)
  • Nutreco N.V. (Netherlands)
  • BioZyme, Inc. (U.S.)

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