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Slow Growth Estimated In Global Silage Inoculant Market

According to the report “Global Silage Inoculant market”, published by Market Data Forecast, the global market is projected to reach USD $305.43 Mn
Olive David | 10.05.2017
Silage Inoculants are the microbial inoculants. They improve silage quality and control the preservation process of forage ensuring maximum nutrients retention at the time of feeding. Silage improves the animal performance and health; subsequently improving the yield and quality of food from animal origin.

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Silage Inoculants are used in treating crops with sufficient water soluble carbohydrates and moisture content. Fermentation of silage is a very uncontrollable process which leads to nutritional losses in the silage. Silage inoculants products are slowly gaining attention of consumers as it is a cost effective solution. The Silage Inoculant market is developing at a significant rate due to the increase in the livestock population.

The growth of the Global Silage Inoculant market is majorly driven by factors such as the growth in global meat consumption, increase in mass production of meat, and improvement in quality of silage. Globally increasing population is also supporting growth of the world meat market, ultimately increasing demand for the Silage Inoculants. Factors such as lack of awareness about the silage inoculants among livestock farmers and improper fermentation of forage due to less efficiency of the silage inoculants in fermentation process of silage crops are restraining the growth of the market. Increasing demand for compound feed & feed additives is another major factor restricting the growth of this market.

For granular level understanding the Silage Inoculant Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.

Based on Type:
• Lactobacillus plantarum
• Pediococcus pentosaceus
• Enterococcus faecium
• Lactobacillus buchneri
• Lactobacillus brevis
• Propionibacteria freundenreichii
• Others

Based on Application:
• Cereal crops
• Pulse Crops
• Others

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Based on geography, the report contains a wide array of countries covering all around the globe. Countries in the North American and European region are the top contributors to this market. China, Japan, India, Brazil and Argentina are identified as the predominant markets for Silage Inoculant. For more of regional analysis check out the following reports.

• North America Silage Inoculant Market
• Europe Silage Inoculant Market
• Asia-Pacific Silage Inoculant Market
• Latin America Silage Inoculant Market
• Middle East and Africa Silage Inoculant Market

The major companies operating in the global Silage Inoculant Market are Cargill, ADM, Dupont, Volac, Nutreco, Lallemand, ForFarmers and CHr.Hansen. Among Inoculants, Lactic Acid Bacteria (LAB) holds more than 40% of the silage inoculants market. In this segment, Lactobacillus plantarum has the major share of 26% as they exhibit more efficiency in fermentation. Lactobacillus buchneri is a probiotics bacteria, which is effective in maintaining the aerobic stability of forage and in controlling heat during the fermentation process. Silages treated with Lactobacillus bucherni are more effective than Lactobacillus plantarum. Lactobacillus bucherni is expected to grow at the fastest CAGR compared to others with increasing demand for the product.

The Silage Inoculant 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 type and application 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 affect 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 Animal Feed Segment:
The Animal Feed Vitamin Market:

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