Europe Silage Additives Market
Segments - by Types (Inoculants, Organic Acids & Salts, Enzymes, Adsorbents, Preservatives, and Others), Applications (Cereals, Legumes, and Others), and Geography (Germany, UK, France, Spain, Russia, Italy, and Rest of Europe) -Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The Europe silage additives market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising demand for animal feed preservatives.
The objective of silage additives is to reduce oxygen and increase acidity rapidly. Stimulants, such as bacterial inoculants, sugars, and enzymes are intended to improve the acid production of lactic acid bacteria. Inhibitors, such as propionates, nonprotein nitrogen, and acids slow down unwanted silage degradation.
The value of a particular additive depending on the situation and requirement. No silage additive is expected to make up for poor silage management. It is estimated that about 30-35% of farmers that produce silage use additives. Silage making process is complex and dependant on many factors, such as natural microbial population, harvesting conditions, and the sugar content of the forage.
Silage quality can be variable and additives control the fermentation process, which in turn, enables reduction in losses and improvement of silage stability. additives are used to improve the nutrient and energy recovery in silage, which results in improvements of animal performance. It also ensures silage ferments rapidly and minimizes the activity of microorganisms.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing awareness regarding the usability of silage additives as a substitute for hay is expected to drive the market growth.
- Rapid industrialization of livestock production is driving farmers to adopt optimum nutrition for cattle, increasing the usage of silage additives, propelling the market expansion.
- Rising population and increasing purchasing power are projected to boost the market growth.
- High consumption of meat products is directly aid to the growth of silage additives market.
- Lack of awareness regarding silage additives among farmers and the incorrect way of fermenting forage can hamper the market expansion during the forecast period.
- Soaring prevalence of compound feed as well as feed additives that weaken the demand for forage can hinder the growth of the market.
- Increasing R&D investments to develop innovative products is expected to create significant opportunities for the market players in the projected timeline.
Scope of the Report
The report on the Europe silage additives market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Europe Silage Additives Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Types (Inoculants, Organic Acids & Salts, Enzymes, Adsorbents, Preservatives, and Others), Applications (Cereals, Legumes, and Others) |
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Geographical Scope |
Germany, UK, France, Spain, Russia, Italy and Rest of Europe |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
BASF SE, Archer Daniels Midland Company, ForFarmers NV, Chr. Hansen, Lallemand Animal Nutrition, Brett Brothers Ltd, Carrs Billington, Scotmin, and Wynnstay group. |
Europe Silage Additives Market Segment Insights
Inoculants segment to account a large market share
On the basis of types, the market is segmented into inoculants, organic acids & salts, enzymes, adsorbents, preservatives, and others. The inoculants segment is anticipated to constitute a key market share during the forecast period owing to the fact that they act as a tool to reduce dry matter losses. Moreover, they have huge effect on losses when used together with sound silage management practices. Inoculants have positive impact on hay crop silage and the least on corn silage. Bacterial inoculants are thus designed to grow fast under a range of conditions.
Cereals segment is expected to grow at a significant pace
In terms of applications, the market is divided into cereals, legumes, and others. The cereals segment is expected to expand at a robust pace in the coming years due to increasing use of cereals in feed production.
The UK is anticipated to dominate the market
On the basis of geography, the market is categorized as Germany, UK, France, Spain, Russia, Italy, and Rest of Europe. The UK is anticipated to dominate the market during the forecast period. The country’s market growth can be attributed to increasing demand for highly efficient additives.
Segments
Segments Covered in the Report
The Europe silage additives market has been segmented on the basis of
Types
- Inoculants
- Organic Acids & Salts
- Enzymes
- Adsorbents
- Preservatives
- Others
Applications
- Cereals
- Legumes
- Others
Geography
- Germany
- UK
- France
- Spain
- Russia
- Italy
- Rest of Europe
Key Players
- BASF SE
- Archer Daniels Midland Company
- ForFarmers NV, Chr. Hansen
- Lallemand Animal Nutrition
- Brett Brothers Ltd
- Carrs Billington
- Scotmin
- Wynnstay group
Competitive Landscape
Key players competing in the Europe silage additives market include BASF SE, Archer Daniels Midland Company, ForFarmers NV, Chr. Hansen, Lallemand Animal Nutrition, Brett Brothers Ltd, Carrs Billington, Scotmin, and Wynnstay group.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silage Additives 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 Additives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Silage Additives Market - Supply Chain
4.5. Global Silage Additives Market Forecast
4.5.1. Silage Additives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silage Additives Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Silage Additives Market Absolute $ Opportunity
5. Global Silage Additives 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 Additives 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 Additives Demand Share Forecast, 2019-2026
6. North America Silage Additives 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 Additives 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 Additives Demand Share Forecast, 2019-2026
7. Latin America Silage Additives 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 Additives 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 Additives Demand Share Forecast, 2019-2026
8. Europe Silage Additives 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 Additives 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 Additives Demand Share Forecast, 2019-2026
9. Asia Pacific Silage Additives 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 Additives 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 Additives Demand Share Forecast, 2019-2026
10. Middle East & Africa Silage Additives 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 Additives 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 Additives Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Silage Additives Market: Market Share Analysis
11.2. Silage Additives Distributors and Customers
11.3. Silage Additives Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. BASF SE
11.4.2. Archer Daniels Midland Company
11.4.3. ForFarmers NV, Chr. Hansen
11.4.4. Lallemand Animal Nutrition
11.4.5. Brett Brothers Ltd
11.4.6. Carrs Billington
11.4.7. Scotmin
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silage Additives 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 Additives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Silage Additives Market - Supply Chain
4.5. Global Silage Additives Market Forecast
4.5.1. Silage Additives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silage Additives Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Silage Additives Market Absolute $ Opportunity
5. Global Silage Additives 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 Additives 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 Additives Demand Share Forecast, 2019-2026
6. North America Silage Additives 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 Additives 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 Additives Demand Share Forecast, 2019-2026
7. Latin America Silage Additives 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 Additives 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 Additives Demand Share Forecast, 2019-2026
8. Europe Silage Additives 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 Additives 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 Additives Demand Share Forecast, 2019-2026
9. Asia Pacific Silage Additives 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 Additives 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 Additives Demand Share Forecast, 2019-2026
10. Middle East & Africa Silage Additives 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 Additives 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 Additives Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Silage Additives Market: Market Share Analysis
11.2. Silage Additives Distributors and Customers
11.3. Silage Additives Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. BASF SE
11.4.2. Archer Daniels Midland Company
11.4.3. ForFarmers NV, Chr. Hansen
11.4.4. Lallemand Animal Nutrition
11.4.5. Brett Brothers Ltd
11.4.6. Carrs Billington
11.4.7. Scotmin
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