Global Silage Inoculants & Enzymes Sales Market Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Agriculture
Publisher : MRA | Format : PDF
Global Silage Inoculants & Enzymes Sales Market Report 2024
Market Analysis and InsightsGlobal Silage Inoculants & Enzymes Market
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.
Due to the COVID-19 pandemic, the global Silage Inoculants & Enzymes market size is estimated to be worth US$ 570 million in 2022 and is forecast to a readjusted size of US$ 762.8 million by 2033 with a CAGR of 4.2% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Heterofermentative accounting for % of the Silage Inoculants & Enzymes global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Corn segment is altered to an % CAGR throughout this forecast period.
Global Silage Inoculants & Enzymes key players include Archer Daniels Midland, Chr. Hansen, Du Pont, etc. Global top three manufacturers hold a share about 40%.
North America is the largest market, with a share about 40%, followed by Europe and Asia-Pacific, both have a share over 45 percent.
In terms of product, Homofermentative is the largest segment, with a share over 60%. And in terms of application, the largest application is Corn, followed by Alfalfa.
Global Silage Inoculants & Enzymes Scope and Market Size
The global Silage Inoculants & Enzymes market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Silage Inoculants & Enzymes market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2033.
Segment by Type
Heterofermentative
Homofermentative
Corn
Sorghum
Alfalfa
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
Archer Daniels Midland
Chr. Hansen
Du Pont
Kemin Industries
Addcon Group
Volac International
Agri-King
Biomin Holding
Lallemand
Schaumann Bioenergy
Cargill
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.
Due to the COVID-19 pandemic, the global Silage Inoculants & Enzymes market size is estimated to be worth US$ 570 million in 2022 and is forecast to a readjusted size of US$ 762.8 million by 2033 with a CAGR of 4.2% during the forecast period 2023-2033. Fully considering the economic change by this health crisis, Heterofermentative accounting for % of the Silage Inoculants & Enzymes global market in 2022, is projected to value US$ million by 2033, growing at a revised % CAGR from 2023 to 2033. While Corn segment is altered to an % CAGR throughout this forecast period.
Global Silage Inoculants & Enzymes key players include Archer Daniels Midland, Chr. Hansen, Du Pont, etc. Global top three manufacturers hold a share about 40%.
North America is the largest market, with a share about 40%, followed by Europe and Asia-Pacific, both have a share over 45 percent.
In terms of product, Homofermentative is the largest segment, with a share over 60%. And in terms of application, the largest application is Corn, followed by Alfalfa.
Global Silage Inoculants & Enzymes Scope and Market Size
The global Silage Inoculants & Enzymes market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Silage Inoculants & Enzymes market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2033.
Segment by Type
Heterofermentative
Homofermentative
Segment by Application
Corn
Sorghum
Alfalfa
Other
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
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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