Global Silage Inoculant Market to Reach $310 Million by 2022 - Key Players are Biomin, Cargill, Lallemand, Chr.Hansen & Danisco - Research and Markets

The "Global Silage Inoculant market- By Inoculant Type, Species, Enzyme, Crop-type, Regions - Market Size, Demand Forecasts, Industry Trends and Updates (2016-2022)" report has been added to Research and Markets' offering.

The Global Silage Inoculants Market was worth $242.26 million in 2016 and estimated to be growing at a CAGR of 4.20%, to reach $310.04 million by 2022.

Inoculants are used for controlling the fermentation process of silage and to enhance their quality subsequently. High cost of forage and the rise in the cost of feed inputs have generated market for silage inoculants. The products are slowly gaining the attention of livestock farmers as a cost-effective solution against feed additives. Proper fermentation of silage benefits the animal performance by boosting their immunity and improving the feed conversion ratio.

Drivers: The growing industrialization in livestock industry, unpredictable weather leading to more damaged crops and increased awareness among the farmers are the reasons driving the Asia-Pacific silage inoculants market.

Constraints: Factors like lack of awareness about the silage inoculants among the farmers, and the improper fermentation of forage due to less efficiency of silage inoculants, are compound feed & feed additives is barricading the consumption of forage; thereby, affecting the inoculants consumption.

Companies Mentioned

  • ADM Alliance Nutrition
  • American Farm Products
  • BrettBrothers Limited
  • Cargill Inc.
  • DuPont
  • Envirosystems UK Ltd.
  • ForFarmers
  • Others

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Silage Innoculant market Segmentation, Forecasts and Trends - By Revenue

6. By Inoculant type

7. By Species

8. By Enzyme

9. By Crop-type

10. By Region

11. Vendor Market Share Analysis

12. Company Profiles

13. Industry Structure

14. Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/kxf34m/global_silage