Market Overview:
The Global Silage Inoculants Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for quality and nutritious food products, rising awareness about the benefits of using silage inoculants, and growing demand for organic food products. The global silage inoculants market is segmented on the basis of type into wet inoculants and dry inoculants. Wet inoculants are further sub-segmented into liquid cultures and powder cultures. Dry inoculants are further sub-segmented into granules and pellets. On the basis of application, the global silage inoculant market is segmented into direct sales and indirect sales. Direct sales are further sub-segmented into farm gate sales and industrial users’ sale whereas indirect sales are further sub-segmented into dealer/distributor networks sale, retailer networks sale, ecommerce platforms sale, etcetera). Geographically, the global silage innoculum market is segmented into North America (the U.S., Canada), Latin America (Brazil), Europe (Germany), Asia Pacific (China) & Japan), Middle East & Africa (South Africa).
Product Definition:
A Silage inoculant is a substance that is added to silage in order to improve the fermentation process. The main function of a silage inoculant is to introduce bacteria into the feedstock that will convert sugars into lactic acid. This process helps to preserve the feed and improves its nutritional value.
Wet Inoculants:
Wet inoculants are a group of substances introduced into the soil to increase the population of beneficial bacteria. These bacteria break down waste and food materials in the soil, making it easier for plants to absorb nutrients. Wet inoculants are used in agriculture as they improve plant growth by increasing its resistance against diseases, insects, and abiotic stress such as drought & heat.
Dry Inoculants:
Dry inoculants are natural materials that help in increasing the pH of the soil and thus inhibit the growth of microorganisms. The most commonly used dry inoculants are peat, compost, sawdust, and sand. Compost is a rich source of organic matter which helps in improving moisture retention capacity as well as increases soil's overall acidity. Thus it is widely used for silage inoculant production across Europe and North America regions.
Application Insights:
The global silage inoculants market is segmented by application into direct sales and indirect sales. The direct sales segment dominated the overall industry in terms of revenue in 2017, owing to factors such as high product demand from dairy farmers and a growing number of feed manufacturing companies across the globe.
Indirect sales are expected to be the fastest-growing application over the forecast period due to rising awareness among end-users regarding cost-effectiveness along with benefits associated with using these products. In addition, manufacturers are focusing on enhancing their distribution channels by entering into strategic partnerships or alliances with local food processing companies that offer superior quality products at lower prices. These factors are likely to drive growth over the coming years.
Dairy farmers around the world use a wide range of products including chemical additives.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region’s growth can be attributed to increasing livestock inventory, which has resulted in increased demand for silage inoculants. Asia Pacific is also a major exporter of rice and maize, thus providing ample opportunity for product penetration. Furthermore, government initiatives such as “One Belt One Road†initiative by China are likely to boost trade activities across countries in Asia Pacific thereby driving demand further.
Europe accounted for a significant share of global revenue owing to high animal feed production coupled with stringent regulations regarding environmental pollution caused during manufacturing of agrochemicals in Germany and France.
Growth Factors:
- Increasing demand for high quality and nutritious food products is driving the growth of the Silage Inoculants market.
- The Silage Inoculants market is witnessing a growing trend of using organic ingredients, which is fueling the demand for these products.
- The Silage Inoculants market is expanding owing to the increasing awareness about their benefits among consumers.
- Growing investments in research and development activities are leading to innovations in this market, propelling its growth prospects further.
- The rising number of mergers and acquisitions by key players in this market is providing impetus to its growth trajectory
Scope Of The Report
Report Attributes
Report Details
Report Title
Silage Inoculants Market Research Report
By Type
Wet Inoculants, Dry Inoculants
By Application
Direct Sales, Indirect Sales
By Companies
ADDCON, ProbioFerm, Lallemand, Agri-King, Volac, Micron Bio-Systems, ADDCON
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Silage Inoculants Market Report Segments:
The global Silage Inoculants market is segmented on the basis of:
Types
Wet Inoculants, Dry Inoculants
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Direct Sales, Indirect Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ADDCON
- ProbioFerm
- Lallemand
- Agri-King
- Volac
- Micron Bio-Systems
- ADDCON
Highlights of The Silage Inoculants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wet Inoculants
- Dry Inoculants
- By Application:
- Direct Sales
- Indirect Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Silage Inoculants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Silage inoculants are a type of fertilizer that is used to help increase the growth of crops in silos. They are made up of a mixture of different types of nutrients, and they are applied to the surface of the grain before it is stored in a silo. This helps to ensure that the crops will receive all the necessary nutrients and minerals, which can help them grow more quickly and produce more food.
Some of the key players operating in the silage inoculants market are ADDCON, ProbioFerm, Lallemand, Agri-King, Volac, Micron Bio-Systems, ADDCON.
The silage inoculants market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Silage Inoculants Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Silage Inoculants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Silage Inoculants Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Silage Inoculants Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Silage Inoculants Market Size & Forecast, 2020-2028
4.5.1 Silage Inoculants Market Size and Y-o-Y Growth
4.5.2 Silage Inoculants Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wet Inoculants
5.2.2 Dry Inoculants
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Direct Sales
6.2.2 Indirect Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Silage Inoculants Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Silage Inoculants Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wet Inoculants
9.6.2 Dry Inoculants
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Direct Sales
9.10.2 Indirect Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size 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 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wet Inoculants
10.6.2 Dry Inoculants
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Direct Sales
10.10.2 Indirect Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size 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 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wet Inoculants
11.6.2 Dry Inoculants
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Direct Sales
11.10.2 Indirect Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wet Inoculants
12.6.2 Dry Inoculants
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Direct Sales
12.10.2 Indirect Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wet Inoculants
13.6.2 Dry Inoculants
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Direct Sales
13.10.2 Indirect Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Silage Inoculants Market: Competitive Dashboard
14.2 Global Silage Inoculants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ADDCON
14.3.2 ProbioFerm
14.3.3 Lallemand
14.3.4 Agri-King
14.3.5 Volac
14.3.6 Micron Bio-Systems
14.3.7 ADDCON
