Press release
The Global Silage Additives Market is projected to reach at a CAGR of 3.85% from 2016 to 2021
According to the report “The Global Silage Additives Market", published by Market Data Forecast, the global market is projected to reach USD 579.79 million by 2021, at a CAGR of 3.85% from 2016 to 2021.Silage-making is a fermentation process aimed in its wet state away from air at preserving forage. Additives were traditionally seen as the option when things weren’t quite right, such as poor weather, high residual fertilizer or risk of soil contamination. Silage additive thus help make superior forage into good quality silage.And additives will help in preservation under these conditions. Silage additives have been used to increase the ensiling procedure with successive enhancements in animal performance. Inoculants have the major market share among the Silage Additives material type and is predicted to grow with the growing demand for silage additives in the livestock industry.
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Silage additive advantages have created an opportunity for Silage Additives Market. Silage additives are essential in animal nutrition as they are worth to increase silage quality and regulate the conservation process so that by the time of nurturing it has maintained as many of the nutrients existing in the original fresh forage as possible. That in turn enhances the animal performance and fitness; consequently, refining the yield and value of food from animal origin.
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The factors influencing the Global Market for Silage Additives Market, either positively or negatively are presented in the DROC analysis. Some of the things discussed in the section are the demand for meat has accelerated due to the continuous increase in population, lifestyle variations, and cultural inclinations. Industrialization of animals and meat production. Increase in demand for animal protein all around the globe has applied pressure on livestock farmers for better quality and quantity. This condition has created an opportunity for silage additive producers. However, less efficiency of silage additives in comparison with other additives is likely to obstruct the growth of the market.
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For granular level understanding the Global Silage Additives Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
By Type:
• Inoculants
• Acids and Organic acid salts
• Enzymes
• Adsorbents
• Chemical Inhibitors
By Application:
• Cereal Crops
• Corn
• Barley
• Oats
• Wheat
• Sorghum
• Legumes
• Peas
• Fababbeans
• Alfalfa
• Clover
• Other Applications
• Ornamental Grass
• Canola
Geographically the market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East and Africa. Asia-Pacific is the fastest growing market in silage additives during the forecast period. The Guidelines from Government in this region to decrease imports of meat & escalate home production and funding to livestock farmers is projected to give increase to livestock industry.
For more of regional analysis check out the following reports:
• North America Silage Additives Market
• Europe Silage Additives Market
• Asia-Pacific Silage Additives Market
• Latin America Silage Additives Market
• Middle-East & Africa Silage Additives Market
Some of the main silage additives market players are BASF SE (Germany), ADDCON (Germany), Novozymes A/S (Denmark), DSM N.V. (The Netherlands), Cargill Inc. (U.S.), Evonik Industries AG (Germany), Selko Feed Additives (The Netherlands), Volac International Limited (U.K.), Schaumann BioEnergy GmbH (Germany) and CHR. Hansen Holdings A/S (Denmark).
The Silage Additives Market study offers the following deliverables:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
• Segment-level analysis on basis of poduct type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Animalfeed Segment:
Feed Additives Market: http://www.marketdataforecast.com/market-reports/global-feed-additives-market-316/
Compound Feed Market: http://www.marketdataforecast.com/market-reports/global-compound-feed-market-345/
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
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Mail: abhishek@marketdataforecast.com
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