Silage Inoculants  Enzymes market

Silage Inoculants & Enzymes Market - Global Outlook and Forecast 2022-2028

  • 24 January 2022
  • Agriculture
  • 76 Pages
  • Report code : PMR-6798293

  • 4.7 (158)

Silage Inoculants Enzymes Market

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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.

Silage Inoculants Enzymes Market contains market size and forecasts of Silage Inoculants & Enzymes in global, including the following market information:

Global Silage Inoculants & Enzymes Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Silage Inoculants & Enzymes Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Silage Inoculants & Enzymes companies in 2021 (%)

The global Silage Inoculants & Enzymes market was valued at 586.5 million in 2021 and is projected to reach US$ 772.8 million by 2028, at a CAGR of 4.0% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Heterofermentative Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Silage Inoculants & Enzymes include Archer Daniels Midland, Chr. Hansen, Du Pont, Kemin Industries, Addcon Group, Volac International, Agri-King, Biomin Holding and Lallemand, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Silage Inoculants & Enzymes 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 Inoculants & Enzymes Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Silage Inoculants & Enzymes Market Segment Percentages, by Type, 2021 (%)

Heterofermentative

Homofermentative

Global Silage Inoculants & Enzymes Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Silage Inoculants & Enzymes Market Segment Percentages, by Application, 2021 (%)

Corn

Sorghum

Alfalfa

Other

Global Silage Inoculants & Enzymes Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Silage Inoculants & Enzymes Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Silage Inoculants & Enzymes revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Silage Inoculants & Enzymes revenues share in global market, 2021 (%)

Key companies Silage Inoculants & Enzymes sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Silage Inoculants & Enzymes sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Archer Daniels Midland

Chr. Hansen

Du Pont

Kemin Industries

Addcon Group

Volac International

Agri-King

Biomin Holding

Lallemand

Schaumann Bioenergy

Cargill

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