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Silage Additives Market Poised to Grow at a CAGR of 3.10% by 2024


Infinium Global Research has added a new report on Silage Additives Market. The report presents analysis of global as well as regional markets of silage additives market over the period of 2016 to 2024. Silage is preserved pasture made by packing immature plants in an airtight storage container and allowing fermentation to develop acetic and lactic acids, which preserve the moist feed. It is fed to cows and sheep during dry seasons when the pasture available is not of a good quality. Additives are added to the silage to control the preservation process so that by the time of feeding it has retained as many of the nutrients present in the original fresh forage as possible. The use of silage additives leads to an increase in energy content, digestibility and dry matter intakes that results in an increase in animal performance. Addition of silage additives makes top quality forage into excellent quality silage.

 

Rapid rise in population has led to an increase in demand for food resulting in the growth of meat and dairy industry. The increase in demand for animal nutrition for the livestock is the key driving force for the growth of silage additive market.  However, lack of sufficient knowledge about such advanced agricultural products acts as a major challenge in the growth of silage additive market. Moreover, the increased shelf-life and the rise in demand for feedstock creates an opportunity for the growth of silage additives market. By geography, North America regions holds the largest market share in silage additive market owing to the rise in demand for meat and dairy products. Europe is one of the fastest growing agricultural inoculant owing to the growth of the livestock industry. In addition, Asia Pacific is also expected to gain rapid development in the owing to the rising demand for food products over the forecast period.

 

Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global silage additives market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global silage additives market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1850

 

The recent report identified that North America dominated the global silage additives market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the silage additives market worldwide.

 

The report segments the global silage additives market on the basis of Classification, Type and Crops.

 

Global Silage Additives Market by Classification

·         Stimulants Of Fermentation

·         Inhibitors Of Fermentation

·         Nutrient Additives

 

Global Silage Additives Market by Type

·         Homofermentative

·         Heterofermentative

·         Combination Products

·         Acids And Acid Salts

·         Molasses And Sugars

 

Global Silage Additives Market by Crops

·         Corn

·          Barley

·          Sorghum

 

Companies Profiled in the Report

·         Chr. Hansen A/S

·         Forfarmers

·         Lallemand

·         BASF

·         Trouwn nutrition

·         Schaumann bioenergy

·         Josera

·         ADDCOD  Group GmbH

·         Pioneer

·         Volac

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.




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