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Silage Inoculants & Enzymes - Global Market Outlook (2017-2026)

Silage Inoculants & Enzymes - Global Market Outlook (2017-2026)

4.4 (90 reviews)
Published: April 2019 ID: SMRC18203
4.4 (90 reviews)
Published: April 2019 ID: SMRC18203

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Silage Inoculants & Enzymes Market is accounted for $422.45 million in 2017 and is expected to reach $655.37 million by 2026 growing at a CAGR of 5.0% from 2017 to 2026. Some of the key factors influencing the market growth are growing livestock population, high demand for animal products and rising consumption of meat. However, unawareness of the benefits of silage is hampering market growth. 

Silage inoculants consist of bacteria, which control fermentation process of the silage and supports better crop preservation. Fermentation of silage is a very uncontrollable process which leads to nutritional losses in the silage. A good quality of silage inoculants helps in efficient and faster fermentation. It results in minimum energy loss, low dry matter waste, and improved animal performance. Silage inoculants products are slowly gaining attention of consumers as it is a cost effective solution.Enzymes are commonly used either as an ingredient in silage inoculants or occasionally used alone as a silage additive.

On the basis of Application, Cereal crops are the dominant function and are the most common crops used for silage. Cereals should be harvested for silage before they complete maturity, as quality, especially protein content, is relatively low. By geography, North America is anticipated to grow during forecast period due to rising popularity of the processed corn silage.

Some of the key players in Silage Inoculants & Enzymes Market include Archer Daniels Midland Company, Chr. Hansen A/S, E. I. Du Pont De Nemours and Company, Kemin Industries, Volac International Ltd., Addcon Group GmbH, Agri-King Inc., Biomin Holding GmbH, Lallemand Inc., Schaumann Bioenergy GmbH.

Types Covered:
•  Heterofermentative
• Homofermentative
• Starch-Digesting
• Fiber-Digesting

Crop Types Covered:
• Corn 
• Sorghum 
• Alfalfa 
• Clover 
• Other Crop Types

Species Covered:
• Lactobacillus Species 
• Pediococcus Species 
• Enterococcus Species

Applications Covered: 
• Cereal crops
• Pulse Crops
• Other Crops

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand      
o South Korea       
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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