Europe Silage Inoculant Market

Europe Silage Inoculant Market by Types (Heterolactic Bacteria and Homolactic Bacteria), Applications (Cereals Crops, Pulses Crops, Oilseeds Crops, and Others), and Geography (The UK, Italy, Russia, Spain, Germany, France and Rest of Europe) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-3472
  • Author: Growth Market Rports
  • Rating: 4.1
  • Total Reviews: 3
  • No. Of Pages: 200
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The Europe silage inoculant market size is expected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising demand for animal products in the livestock sector.

Europe Silage Inoculant Market

Silage inoculants are microbial inoculants that are used to inoculate silage. They improve silage quality and regulate the forage preservation process, ensuring that maximum nutrients are retained at feeding time. Silage inoculants are used to treat crops that contain significant amounts of water-soluble carbohydrates and moisture. Silage fermentation is an unregulated process that results in silage nutritional losses. The cost-effectiveness of silage inoculation is increasing its preference among consumers.

The COVID-19 pandemic is projected to have a substantial influence on the market owing to the supply chain disruption of raw materials, which are required to manufacture silage inoculants and enzymes. However, the market is estimated to reach pre-COVID level by end of 2022.

Market Trends, Drivers, Restraints and Opportunities

  • Increasing awareness regarding silage is expected to drive the market growth.
  • Growing population and purchasing power are projected to boost the market growth.
  • Lack of awareness regarding silage inoculant can hamper the market expansion during the forecast period.
  • Expanding R&D investments to develop novel products is expected to create lucrative opportunities for the market players in the coming year.

Scope of the Report

The report on the Europe silage inoculant market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Europe Silage Inoculant Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Types (Heterolactic Bacteria and Homolactic Bacteria) and Applications (Cereals Crops, Pulses Crops, Oilseeds Crops, and Others)

Geographical Scope

The UK, Italy, Russia, Spain, Germany, France and Rest of Europe

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Provita Eurotech Limited; CHR. Hansen Holdings; Lallemand Animal Nutrition
Biomin; and Mircroferm Limited

European Silage Inoculant Market Segment Insights

Homolactic bacteria segment is expected to grow at a rapid pace

Based on types, the market is divided into heterolactic bacteria and homolactic bacteria. The homolactic bacteria segment is expected to grow at a rapid pace during the forecast period owing to enhancing lactic acid generation under these shifting conditions. Furthermore, this type of bacteria assists in transformation of 6 carbon sugar to lactic acid and boosts the levels of organic lactic acid. On the other hand, the heterolactic bacteria segment is expected to grow at a substantial rate in the projected timeline.

Europe Silage Inoculant Market

Cereals crops segment is projected to expand at a considerable CAGR

On the basis of applications, the market is segregated into cereals crops, pulses crops, oilseeds crops, and others. The cereals crops segment is projected to expand at a considerable CAGR during the forecast period due to the increasing use of cereals in feed production. Moreover, farmers feeding livestock populace with silage inoculants is the preferred alternative for meeting expanding livestock demand  as they provide natural nutrients to the animals while protecting them from spoiling or mound development.

Russia is anticipated to constitute a key market share

In terms of regions, the Europe silage inoculant market is classified as the UK, Italy, Russia, Spain, Germany, France and Rest of Europe. Russia is expected to constitute a key share of the market during the projected period owing to the growing demand for meat and poultry products in the country. However, the market of UK is anticipated to expand at a rapid pace during the forecast period. Producers of silage inoculants are emphasizing on clean labelling that clearly state the nutrients and ingredients. Moreover, growing consumer awareness regarding  the nutritional and ingredient composition of the foods is driving the country’s market growth.

Europe Silage Inoculant Market

Segments

Segments Covered in the Report

The Europe silage inoculant market has been segmented on the basis of

Types

  • Heterolactic bacteria
  • Homolactic bacteria

 Applications

  • Cereals Crops
  • Pulses Crop
  • Oilseeds Crop
  • Others

Geography

  • UK
  • Italy
  • Russia
  • Spain
  • Germany
  • France
  • Rest of Europe

Key Players

  • Provita Eurotech Limited
  • CHR. Hansen Holdings
  • Lallemand Animal Nutrition
  • Biomin
  • Mircroferm Limited

Competitive Landscape

The presence of many companies  in the European silage inoculant market such as Provita Eurotech Limited; CHR. Hansen Holdings; Lallemand Animal NutritionBiomin; and Mircroferm Limited.

Companies are engaging in partnerships, collaborations, mergers, and acquisitions to expand their market share. Moreover, they’re increasing their production capacity to leverage their market position.

Europe Silage Inoculant Market
 

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silage Inoculant Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Silage Inoculant Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Silage Inoculant Market - Supply Chain
  4.5. Global Silage Inoculant Market Forecast
     4.5.1. Silage Inoculant Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Silage Inoculant Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Silage Inoculant Market Absolute $ Opportunity
5. Global Silage Inoculant Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Silage Inoculant Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Silage Inoculant Demand Share Forecast, 2019-2026
6. North America Silage Inoculant Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Silage Inoculant Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Silage Inoculant Demand Share Forecast, 2019-2026
7. Latin America Silage Inoculant Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Silage Inoculant Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Silage Inoculant Demand Share Forecast, 2019-2026
8. Europe Silage Inoculant Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Silage Inoculant Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Silage Inoculant Demand Share Forecast, 2019-2026
9. Asia Pacific Silage Inoculant Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Silage Inoculant Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Silage Inoculant Demand Share Forecast, 2019-2026
10. Middle East & Africa Silage Inoculant Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Silage Inoculant Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Silage Inoculant Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Silage Inoculant Market: Market Share Analysis
  11.2. Silage Inoculant Distributors and Customers
  11.3. Silage Inoculant Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report

The Europe silage inoculant market has been segmented on the basis of

Types

  • Heterolactic bacteria
  • Homolactic bacteria

 Applications

  • Cereals Crops
  • Pulses Crop
  • Oilseeds Crop
  • Others

Geography

  • UK
  • Italy
  • Russia
  • Spain
  • Germany
  • France
  • Rest of Europe

Key Players

  • Provita Eurotech Limited
  • CHR. Hansen Holdings
  • Lallemand Animal Nutrition
  • Biomin
  • Mircroferm Limited

The presence of many companies  in the European silage inoculant market such as Provita Eurotech Limited; CHR. Hansen Holdings; Lallemand Animal NutritionBiomin; and Mircroferm Limited.

Companies are engaging in partnerships, collaborations, mergers, and acquisitions to expand their market share. Moreover, they’re increasing their production capacity to leverage their market position.

Europe Silage Inoculant Market
 

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