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Silage Inoculant and Enzymes Market Poised to Grow at a CAGR of 3.94% by 2024


Infinium Global Research has added a new report on Silage Inoculant and Enzymes Market. The report presents analysis of global as well as regional markets of Silage Inoculant and Enzymes 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 that preserve the moist feed. Addition of silage inoculants and enzymes to freshly harvested forage can increase the chance of obtaining good quality silage. The lactic acid bacteria in the silage inoculant overwhelms the natural lactic acid bacteria on the crop. Enzymes are a cost-effective supplement to be considered when used in combination with a quality silage inoculant. Enzymes in silage inoculants are primarily used to generate sugars for the inoculant bacteria to use for growth and fermentation. Silage inoculants and enzymes work by shifting silage fermentation in a direction that better preserves the crop quality. Ensiled forages account for the majority of most dairy rations around the world.


The rise in population has led to an increase in demand for food resulting in the growth of the meat and dairy industry. The increase in demand for animal nutrition for the livestock is the key driving force for the growth of silage inoculant and enzyme market. The main purpose of using silage inoculant & enzymes is to preserve and recover organic dry matter while retaining nutritional value and palatability and thereby improving animal performance. Improved silage management can have a significant impact on the overall profitability of the dairy.  However, the use of silage inoculant & enzymes gives variable results and are not effective always. In addition, lack of sufficient knowledge about such advanced agricultural products acts as a major challenge in the growth of silage additive market. Moreover, the increased research and developments in the agricultural industry and the rising demand for feedstock with better shelf-life for the animal nutrition could create an opportunity for the growth of Silage Inoculant and Enzymes Market.

 

By geography, North America regions hold the largest market share in Silage Inoculant and Enzymes Market. Europe is one of the fastest growing regions in agricultural inoculant owing to the growth of the livestock industry. In addition, Asia Pacific region is also expected to gain rapid development in the Silage Inoculant and Enzymes Market 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 Inoculant and Enzymes 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 Inoculant and Enzymes 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/1851

 

The recent report identified that North America dominated the global Silage Inoculant and Enzymes 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 Inoculant and Enzymes Market worldwide.

 

The report segments the global Silage Inoculant and Enzymes Market on the basis of Species, Types and Crops.

 

Global Silage Inoculant and Enzymes Market by Species

·         Pediococcus

·         Enterococcus

·         Lactobacillus

 

Global Silage Inoculant and Enzymes Market by Types

·         Homofermentative

·         Heterofermentative

 

Global Silage Inoculant and Enzymes Market by Crops

·         Corn

·          Alfalfa

·          Sorghum

 

Companies Profiled in the Report

·         Chr. Hansen A/S

·         Lallemand

·         Agri-King Inc.

·         Trouwn nutrition

·         Schaumann BioEnergy GmbH

·         Archer Daniels Midland Company

·         ADDCON  Group GmbH

·         Pioneer

·         American farm products

·         Du Pont De Nemours and Company

 

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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