South America Silage Inoculant Market
Segments - 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 2021 – 2028
The South America silage inoculant market size is expected to expand at a significant CAGR of more than 4.1% during the forecast period, 2021–2028. 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.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing feed grains 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 the 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.
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Attributes |
Details |
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Report Title |
Silage Inoculant Market - South America 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 (Homo-Fermentive Bacteria and Hetero-Fermentive Bacteria), and Applications (Cereals Crops, Pulse Crops, and Other Crops) |
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Geography: South America |
Brazil, Argentina, and Rest Of South Africa |
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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 |
Biomin, Lallemand Inc., ADM Animal Nutrition, Chr. Hansen Holding A/S, and Corteva Agriscience. |
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.
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.
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
Segments Covered in the ReportThe South America silage inoculant market has been segmented on the basis of
Types
- Homo-Fermentive Bacteria
- Hetero-Fermentive Bacteria
- Cereal Crops
- Pulses Crops
- Other Crops
- Brazil
- Argentina
- Rest of South America
- 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.
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
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
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