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Global Silage Additives Market Research Report - Size, Share, Growth, Trends, COVID-19 Impact Analysis - Industry Forecast (2017 to 2022)

Silage Additives Market Size (2022 - 2027)

The global Silage Additives Market is estimated to reach USD 2.03 billion by 2023 from USD 1.76 billion in 2016. The market is projected to grow with a CAGR of 4.61% from 2017 to 2022.

Silage is a green foodstuff and a rancid product. Silage is used to conserve the nutrient of the food crop, further used for feeding the livestock. Silage is stored in an airtight container, cylinder, and silos for preserving the grain's nutrients. Silage is used in the cattle industry.  
Silage additives are necessary for animal nutrition as they develop silage quality and control the preservation process. Various types of silage additives work differently like silage additives consisting of anaerobic bacteria affected fermentation while silage additives contain acid and acid salts that obstruct all the unwanted microbial activity responsible for silage degradation.
Silage additives are used to decrease the oxygen level and boost the acidity of lactic acid that is further used to store the food grass. 

Market Drivers
The market growth depends on factors like the growing demand for animal-based protein due to the high demand for processed foods across developed and developing countries. The production of industrial livestock drives the feed additives like silage additives for providing livestock with vital proteins and nutrients which fosters the silage additives market globally.

The quick growth of the meat-eating population, urbanization, and booming familiarity of organic farming provide approving growth opportunities to develop market growth. The higher consumption of processed meat drives the silage additives market growth globally. The inventions in technology and development of the product and the manufacturers on research and development activities escalate the silage additives market. Moreover, the government supports the farmers for the use of silage additives feed provided by the funds and fiscal relief. The awareness for animal nutrition among the masses and the wide adoption of silage as a substitute for fresh food or hay provides a belief to the silage additives market growth. Consumers demand premium quality animal protein with extensive research and development activities to strengthen the market growth during the foreseen period. 

Market Restrains
However, the ineffectiveness in developing low-quality explore dampens the silage additives market growth. New substitute in feed additives is one factor restraining the market growth. The absence of knowledge in farmers is hindering the silage additives market growth.

Recent Market Developments

  • On August 25, 2022, Volac extends its acquisition of Micron BioSystems. The acquisition of Micron products will fortify the ability of Volac to provide and develop feed additive applications for a quickly changing industry. 
  • On December 15, 2022, Trouw Nutrition announced a long-term partnership with Stellapps dairy-tech start-up. 
  • On September 15, 2022, Lallemand introduced MAGNIVA Forage Inoculants for the producers in Canada and the U.S. MAGNIVA describes the range's capability to increase the value of preserved feeds. 

Segment Analysis
The global silage additives market has been segmented and sub-segmented based on type, Silage crop, function, and form.

Silage Additives Market - Based on the Type

  • Inoculants (homofermentative, heterofermentative, and combination products)
  • Organic acids
  • Sugars
  • Enzymes
  • NPN nutrients
  • Other additives (absorbents and mineral acids)

Based on the type, the inoculant segment is witnessing the highest CAGR throughout the foretold period. The demand for homofermentative inoculants among silage farmers and the emergence of combination products by key manufacturers accumulate the inoculants segment growth.

Silage Additives Market - Based on the Silage Crop

  • Corn
  • Alfalfa
  • Sorghum
  • Oats
  • Barley
  • Rye
  • Other crops (legumes, wheat, clovers, and other forage grasses)
    Based on the silage crop, the corn segment is 

Silage Additives Market - Based on the Function

  • Stimulation
  • Inhibition
  • Other functions

The inhibition function registers for the highest share in the silage additives market. 

Silage Additives Market - Based on the Form

  • Dry
  • Liquid

The liquid segment holds the largest market share in the global silage additives. The segment growth owes to growing significance for liquid additives due to their easy handling, storage, and transport. Liquid concentrates are considerably chosen for the application, due to the use of chemical additives in developing countries.

Regional Analysis
Regionally, North America is spearheading the global silage additives market with the largest share during the foreseen period.

Europe is the second-largest region growing at a significant pace. The U.S and Canada contribute a major share to the silage additives market. The growth in the U.S and Canada owes to the increasing production of corn silage and strong government initiatives. The continuous research mounts the market growth during the forecast period. The introduction of the new British Association of Feed Supplement and Additive Manufacturers (BAFSAM) and European Feed Additives Manufacturers Association (FEFANA) created a community of cattle and ruminant owners as they are more conscious of the optimum steps to be taken together for the superior of the dairy industry.

The UK is the most predominant and profitable market in Europe. Increasing significance for eco applicators in Europe helps in protecting the use of plastic for the application of silage additives.

Australia is one the most profit-gaining countries.

Asia-Pacific is projected to be the quickest growing region in the global silage additives market. The considerable growth of exportable commodities from the dairy sector to meet the export quality standards strengthens the potential for the local silage additive manufacturers for developing various products based on organic acids, NPN nutrients, and sugars. The demand for dairy and beef products is believed to boom the market growth.

The Chinese market for silage additives is projected to have the largest share accounting for 85.4% in terms of volume. The customers are showing more tendency towards products supplying tolerable labling.

In India, the feed market is the highest and one of the quickest-growing sub-markets in silage additives. The growth in the number of manufacturers is showing enthusiastic interest in the APAC market, mainly in India.

Latin America, the Middle East, and African regions are slated to witness average growth in the global silage additives market throughout the foretold period.

Top key players in the Silage Additives Market
1. Volac (UK)

2. Trouw Nutrition (Netherlands)

3. SchaumannBioEnergy (Germany)

4. ADDCON (Germany)

5. Chr. Hansen (Denmark)

6. BASF (Germany)

7. Lallemand (US)

8. DuPont Pioneer (US)

9. Micron Bio-Systems (US)

10. Biomin (Germany)

11. American Farm Products (US)

12. Josera (Germany)

COVID-19 Impact
The novel coronavirus (COVID-19) has originated in Wuhan, China in December 2022. The virus has spread to every corner of the world negatively impacting all businesses. Due to the increasing COVID-19 cases, millions of people have lost their lives. 
However, the novel pandemic has severely impacted the global silage additives market. The silage additive production was impacted due to the absence of raw material acquired from supply chain activities disrupted due to the COVID outburst. The rising section of consumers switching to a vegan diet and growth booms for the silage additives market in Australia could be hindered. 

Chapter 1. Global Silage Additives Market – Scope & Methodology

1.1. Market Segmentation

1.2. Assumptionsa

1.3. Research Methodology

1.4. Primary Sources

1.5. Secondary Sources

Chapter 2. Global Silage Additives Market – Executive Summary

2.1. Market Size & Forecast – (2021 – 2027) ($M/$Bn)

2.2. Key Trends & Insights

2.3. COVID-19 Impact Analysis

2.3.1. Impact during 2022 - 2027

2.3.2. Impact on Supply – Demand

Chapter 3. Global Silage Additives Market – Competition Scenario

3.1. Market Share Analysis

3.2. Product Benchmarking

3.3. Competitive Strategy & Development Scenario

3.4. Competitive Pricing Analysis

3.5. Supplier - Distributor Analysis

Chapter 4. Global Silage Additives Market Entry Scenario

4.1. Case Studies – Start-up/Thriving Companies

4.2. Regulatory Scenario - By Region

4.3 Customer Analysis

4.4. Porters Five Force Model

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Powers of Customers

4.4.3. Threat of New Entrants

4.4.4. Rivalry among Existing Players

4.4.5. Threat of Substitutes

Chapter 5. Global Silage Additives Market - Landscape

5.1. Value Chain Analysis – Key Stakeholders Impact Analysis

5.2. Market Drivers

5.3. Market Restraints/Challenges

5.4. Market Opportunities

Chapter 6. Global Silage Additives Market – By Type

6.1. Inoculants (homofermentative, heterofermentative, and combination products)

6.2. Organic acids

6.3. Sugars

6.4. Enzymes

6.5. NPN nutrients

6.6. Other additives (absorbents and mineral acids)

Chapter 7. Global Silage Additives Market – By Silage Crop

7.1. Corn

7.2. Alfalfa

7.3. Sorghum

7.4. Oats

7.5. Barley

7.6. Rye

7.7. Other crops (legumes, wheat, clovers, and other forage grasses)

Chapter 8. Global Silage Additives Market – By Function

8.1. Stimulation

8.2. Inhibition

8.3. Other functions

Chapter 9. Global Silage Additives Market – By Form

9.1. Dry

9.2. Liquid

Chapter 10. Global Silage Additives Market, By Geography - Market Size, Forecast, Trends & Insights

10.1. North America

10.1.1. U.S.A

10.1.2. Canada

10.1.3. Mexico

10.2. Europe

10.2.1. Italy

10.2.2. Spain

10.2.3. Russia

10.2.4. Germany

10.2.5. UK

10.2.6. France

10.2.7. Rest of Europe

10.3. Asia Pacific

10.3.1. Japan

10.3.2. South Korea

10.3.3. China

10.3.4. India

10.3.5. Australia & New Zealand

10.3.6. Rest of Asia-Pacific

10.4. Rest of the World

10.4.1. Middle East

10.4.2. Africa

10.4.3. South America

Chapter 11. Global Silage Additives Market – Company Profiles – (Overview, Product Portfolio, Financials, Developments)

11.1. Company 1

11.2. Company 2

11.3. Company 3

11.4. Company 4

11.5 Company 5

11.6. Company 6

11.7. Company 7

11.8. Company 8

11.9. Company 9

11.10. Company 10

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