Download FREE Report Sample
Download Free sampleThe 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.
Silage Additives Market aims to provide a comprehensive presentation of the global market for Silage Additives, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Silage Additives. Silage Additives Market contains market size and forecasts of Silage Additives in global, including the following market information:
The global Silage Additives market was valued at US$ 1477.4 million in 2022 and is projected to reach US$ 1743.3 million by 2029, at a CAGR of 2.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
We surveyed the Silage Additives manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Silage Additives Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Silage Additives Market Segment Percentages, by Type, 2022 (%)
Inoculants
Organic acids
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