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Lactobacillus bucherni- Fastest Growing Segment in Europe Silage Inoculant Market

Europe Silage Inoculant Market which is estimated to be USD 102.53 million in 2016 is poised to reach USD 125.95 million by 2021, at a CAGR of 4.20%
Olive David | 30.05.2017
As per the syndicated report published by Market Data Forecast Europe Silage Inoculant Market which is estimated to be USD 102.53 million in 2016 is poised to reach USD 125.95 million by 2021, at a CAGR of 4.20% from 2016 to 2021.

The growth of the Europe Silage Inoculant market is mainly due to the growth in the meat consumption and increasing population. With latest technologies that focus on improving the quality of the silage, there is a constantly increasing demand for them. Factors such as low efficiency of the silage inoculants and Complex regulatory bodies in the European Union are hindering the growth of this regional market.

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To give a brief idea, Silage Inoculants advance the animal performance and health; thereby enhancing the yield and quality of food from animal origin. Fermentation of silage is a very uncontainable method which leads to nutritional losses in the silage. Silage inoculants products are gradually being noticed by users as it is a cost effective solution. This market is developing at a significant rate due to the increase in the livestock population.

Europe Silage Inoculant Market is segmented based on type and application as mentioned below for attaining a more granular perspective of the market. In the report, each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.

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By Type:

Lactobacillus plantarum
Pediococcus pentosaceus
Enterococcus faecium
Lactobacillus buchneri
Lactobacillus brevis
Propionibacteria freundenreichii

By Application:

Cereal crops
Pulse Crops

The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. European countries are leading the market with 41% of the global share. Spain, UK and France are the major markets within the region. Other emerging markets in the region are Sweden, Norway, Netherlands, Denmark and Greece.

Among Inoculants, Lactobacillus plantarum has the major share of the market whereas, Lactobacillus bucherni is expected to grow the fastest due to higher efficiency.

Some of the major companies dominating this market are Cargill, ADM, Dupont, Volac, Nutreco, Lallemand, ForFarmers, CHr.Hansen and others.

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The Europe Silage Inoculant Market study offers the following deliverables:

Regional and country-level analysisthat provides an innate perspective of European region and the aforementioned countries
Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
Explanations 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 European market presented in the form of PESTLE and Porter’s Five Forces Analyses
Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market playersoperating in the region
Competitive landscape analysislisting 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 - Investment opportunitiesto provide both individuals and organizations a strong financial foothold in the market

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About Market Data Forecast:

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