Search reports.
South America Silage Inoculant Market Opportunities | 2031
Get free sample report Request for Customiztion Buy Now

South America Silage Inoculant Market Opportunities | 2031

Segments - South America Silage Inoculant Market by Types (Homo-fermentive Bacteria and Hetero-fermentive Bacteria), Applications (Cereals Crops, Pulse Crops, and Others), and Geography (Brazil, Argentina, and Rest of South America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

https://growthmarketreports.com/Anuradha
Author : Anuradha B. More
https://growthmarketreports.com/Vaibhav
Fact-checked by : Vaibhav Chandola
https://growthmarketreports.com/Shruti
Editor : Shruti Bhat

Upcoming | Report ID :FB-1495 | 4.3 Rating | 76 Reviews | 155 Pages | Format : Docx PDF

Report Description


The South America silage inoculant market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 4.1% during 2023–2031. Silage inoculant improves the quality of silage and control the feed retention process to ensure maximum retention of nutrients during the feeding process.

Silage inoculant is a widely used bacterial solvent used to accelerate the fermentation of farm silage. Silage is an animal feed made from grass or other feeds and contains 30-40% moisture. Silage vaccines contain bacterial populations, such as Lactobacillus plantarum, Pediococcus, and Lactobacillus brucei. These bacteria contained in the vaccine will surpass natural lactic acid and convert carbon 6 sugars into lactic acid.

South America Silage Inoculant Market Outlook

  • Increasing feed grain consumption and price is expected to boost the market during the forecast period.

  • Rapid growth of the processed meat industry due to high demand of meat is major factors fueling the market.

  • Increasing demand for livestock products and growing health concerns is expected to drive the market during the forecast period.

  • High cost of silage inoculants and enzymes is expected to restrict the market growth.

  • Lack of awareness among farmers about silage inoculants and low efficiency of silage inoculants in fermentation act as major challenges that can hamper the market growth during the forecast period.

  • R&D investment and increasing efficiency of silage inoculants is projected to offer immense opportunities for the market players.

Scope of South America Silage Inoculant Market Report

The report on the South America 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

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

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Homo-Fermentive Bacteria and Hetero-Fermentive Bacteria), and Applications (Cereals Crops, Pulse Crops, and Other Crops)

Geography: South America

Brazil, Argentina, and Rest Of South Africa

Report Coverage

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

Key Players Covered in the Report

Biomin, Lallemand Inc., ADM Animal Nutrition, Chr. Hansen Holding A/S, and Corteva Agriscience.

South America Silage Inoculant Market Segment Insights

The homo-fermentive segment is projected to account for a major market share

Based on types, the silage inoculant market is bifurcated into homo-fermentive and hetero-fermentive. The homo-fermentive segment is expected to represent a key share of the market during the forecast period. Homo-fermentive are the most common modifiers in the market.

The main purpose of the initial use of these inoculants was to make the quality of the silage plants similar to original. Homo-fermenting bacteria achieve this goal by lowering the pH and minimizing the loss of dry matter, thereby reducing proteolysis (protein breakdown) and the formation of ammonia, and increasing acidity, lactic acid, and dry matter.

South America Silage Inoculant Market Types

The cereal crops segment is expected to grow at a rapid pace

Based on applications, the silage inoculant market is fragmented into cereals, pulse, and others. The cereal crops segment is expected to represent a key share of the market during the forecast period owing to meet the growing demand for farm animals, farmers who raise cattle. Silage inoculants are the best choice because they help provide natural nutrition for animals and protect them from spoilage or mold growth.

Approximately two thirds of the grains produced are used for animal feed production. Corn, wheat, barley, and oats are the most commonly used grains in this complex. Increased livestock demand leads to balanced feed production. Therefore, the increase in the use of grains in feed production is estimated to drive the market.

However, the corn sector had the largest market share in silage inoculants and enzymes. As grain production and consumption increase, it becomes important for farmers to pay more attention to yield and quality through the use of effective silage inoculant and enzymes. This helps fermentation with high lactic acid, low acidity and low pH. Corn plants growing in the field during harvest are covered with natural bacteria that produce lactic acid.

South America Silage Inoculant Market Applications

Brazil is anticipated to dominate the market

On the basis of geography, the silage inoculant market is classified as Brazil, Argentina, and Rest of South Africa. Brazil is anticipated to dominate the market during the forecast period.

Growth of the market is attributed to increasing range of cattle farms, rising healthy meat intake and production, and rise in focus about the silage inoculants in developing nations including Brazil and Argentina. Silage making is being historically practiced through the finer agricultural region in Brazil.

Segments

The South America silage inoculant market has been segmented on the basis of

Types

  • Homo-Fermentive Bacteria
  • Hetero-Fermentive Bacteria

Applications

  • Cereal Crops
  • Pulses Crops
  • Other Crops

Geography

  • Brazil
  • Argentina
  • Rest of South America

Key Players

  • Biomin
  • Lallemand Inc.
  • ADM Animal Nutrition
  • Chr. Hansen Holding A/S
  • Corteva Agriscience

Competitive Landscape

Key players competing in the silage inoculant market include Biomin, Lallemand Inc., ADM Animal Nutrition, Chr. Hansen Holding A/S, and Corteva Agriscience

Some of these players are using several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

South America Silage Inoculant Market Key Players

Table Of Content

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 Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Silage Inoculant Market Size and Volume Forecast by Types
     5.3.1. Homo-Fermentive Bacteria Hetero-Fermentive Bacteria
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Silage Inoculant Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Silage Inoculant Market Size and Volume Forecast by Applications
     6.3.1. Cereal Crops Pulses Crops Other Crops
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Silage Inoculant Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Silage Inoculant Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Silage Inoculant Demand Share Forecast, 2019-2026
8. North America 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
  8.2. North America Silage Inoculant Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Silage Inoculant Market Size and Volume Forecast by Types
     8.4.1. Homo-Fermentive Bacteria Hetero-Fermentive Bacteria
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Silage Inoculant Market Size and Volume Forecast by Applications
     8.7.1. Cereal Crops Pulses Crops Other Crops
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Silage Inoculant Demand Share Forecast, 2019-2026
9. Latin America 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. Latin America Average Pricing Analysis
  9.2. Latin America Silage Inoculant Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Silage Inoculant Market Size and Volume Forecast by Types
     9.4.1. Homo-Fermentive Bacteria Hetero-Fermentive Bacteria
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Silage Inoculant Market Size and Volume Forecast by Applications
     9.7.1. Cereal Crops Pulses Crops Other Crops
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Silage Inoculant Demand Share Forecast, 2019-2026
10. Europe 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. Europe Average Pricing Analysis
  10.2. Europe Silage Inoculant Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Silage Inoculant Market Size and Volume Forecast by Types
     10.4.1. Homo-Fermentive Bacteria Hetero-Fermentive Bacteria
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Silage Inoculant Market Size and Volume Forecast by Applications
     10.7.1. Cereal Crops Pulses Crops Other Crops
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Silage Inoculant Demand Share Forecast, 2019-2026
11. Asia Pacific Silage Inoculant Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Silage Inoculant Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Silage Inoculant Market Size and Volume Forecast by Types
     11.4.1. Homo-Fermentive Bacteria Hetero-Fermentive Bacteria
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Silage Inoculant Market Size and Volume Forecast by Applications
     11.7.1. Cereal Crops Pulses Crops Other Crops
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Silage Inoculant Demand Share Forecast, 2019-2026
12. Middle East & Africa Silage Inoculant Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Silage Inoculant Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Silage Inoculant Market Size and Volume Forecast by Types
     12.4.1. Homo-Fermentive Bacteria Hetero-Fermentive Bacteria
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Silage Inoculant Market Size and Volume Forecast by Applications
     12.7.1. Cereal Crops Pulses Crops Other Crops
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Silage Inoculant Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Silage Inoculant Market: Market Share Analysis
  13.2. Silage Inoculant Distributors and Customers
  13.3. Silage Inoculant Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Biomin Lallemand Inc. ADM Animal Nutrition Chr. Hansen Holding A/S Corteva Agriscience

Methodology

Our Clients

Microsoft
General Electric
Honda Motor Co. Ltd.
Nestle SA
Siemens Healthcare
Deloitte
General Mills
Dassault Aviation