The global silage additive market is estimated to be worth US$ 4,902.9 million by 2034. According to the estimates, the market is projected to clock a 5.4% CAGR until 2034. In 2024, the silage additive market size is valued at US$ 2,935.6 million.
Attributes | Details |
---|---|
Global Silage Additive Market Size (2024E) | US$ 2,935.6 million |
Projected Silage Additive Market Value (2034F) | US$ 4,902.9 million |
Value-based CAGR (2024 to 2034) | 5.4% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Market Statistics | Details |
---|---|
Jul to Dec (H2), 2022 (A) | 6.8% |
Jan to Jun (H1), 2022 (A) | 6.2% |
Jan to Jun (H1), 2023 Projected (P) | 7.3% |
Jan to Jun (H1), 2023 Outlook (O) | 6.9% |
Jan to Jun (H1), 2024 Projected (P) | 9.2% |
Jul to Dec (H2), 2023 Outlook (O) | 6.9% |
Jul to Dec (H2), 2023 Projected (P) | 7.9% |
Global sales of silage additives increased at a 4.1% CAGR from 2019 to 2023. Over the next ten years, the global market for silage additives is expected to thrive at a CAGR of 5.4%.
Global silage additives sales are predicted to increase significantly between 2024 and 2034. The formation of significant organizations, such as the European Feed Additives Manufacturers Association (FEFANA) and the British Association of Feed Supplement & Additive Manufacturers (BAFSAM), is crucial in promoting a community amongst cattle and ruminant owners.
This community-building initiative has increased members' awareness regarding optimal practices for the betterment of the dairy industry. By diligently studying various animal feed additives, specialty ingredients, and feed ingredients, these associations aim to boost productivity collectively. Additionally, they facilitate cross-border communication, fostering a more efficient exchange of ideas and innovation.
As exemplified by Lallemand Animal Nutrition, manufacturers are actively working to enhance knowledge about properly cutting and storing silage. Companies are instituting expert panels and support teams to streamline the application of silage additives, ensuring a hassle-free experience for users. Notably, Ecosyl, a subsidiary of Volac International Limited, has strategically deployed regional experts to provide continuous assistance for optimal outcomes.
To further encourage the adoption of silage additives, manufacturers are offering free consultation services, a move expected to positively influence consumer perceptions and drive increased consumption of Silage Additives. This proactive approach by industry associations and manufacturers signals a concerted effort to advance knowledge, streamline application processes, and ultimately contribute to the overall improvement of the global dairy industry.
Regions | North America |
---|---|
Countries | United States |
Value CAGR (2024 to 2034) | 4.4% |
Regions | Europe |
---|---|
Countries | United Kingdom |
Value CAGR (2024 to 2034) | 7.5% |
Regions | Europe |
---|---|
Countries | Germany |
Value CAGR (2024 to 2034) | 4.5% |
Regions | Asia Pacific |
---|---|
Countries | India |
Value CAGR (2024 to 2034) | 6.2% |
Regions | Asia Pacific |
---|---|
Countries | Japan |
Value CAGR (2024 to 2034) | 6.0% |
The silage additives industry in the United States is expected to exhibit a 4.4% CAGR through 2034.
The silage additive market growth in the United Kingdom is estimated at a 7.5% CAGR through 2034.
The sales of silage additives in Germany are anticipated to surge at a 4.5% CAGR through 2034.
The demand for silage additives in India is expected to rise at a CAGR of 6.2% and hold a dominant market share of 40.0% in the South Asia region.
The demand for silage additives in Japan is anticipated to rise at a 6.0% CAGR through 2034.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Segment | Heterofermentative Inoculants (Product Type) |
---|---|
Value (2024) | US$ 875.0 million |
Based on product type, the heterofermentative inoculants segment garnered US$ 875.0 million in 2024.
Segment | Liquid (Form) |
---|---|
Value (2024) | US$ 2,550.0 million |
Based on form, the liquid form segment generated US$ 2,550.0 million in 2024.
The silage additive market has a diverse and dynamic competitive landscape. Leading companies specializing in various fields focus on research and development, sustainable sourcing, and new formulations. These companies emphasize environmentally friendly practices, product certifications, and satisfying the increased demand for natural and sustainable ingredients. Additionally, it attempts to preserve its market position and benefit from the growing demand by focusing on innovation, quality, and matching customer preferences.
Recent Developments
Attribute | Details |
---|---|
Market Size Value in 2024 | US$ 2,935.6 million |
Market Forecast Value in 2034 | US$ 4,902.9 million |
Global Growth Rate | 5.4% CAGR |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Volume (MT) and Value (US$ million) |
Key Regions Covered | Latin America, Europe, North America, South Asia, East Asia, Oceania, and MEA |
Key Countries Covered | the United States, Brazil, Mexico, Chile, Argentina, Peru, Italy, Spain, Germany, France, Canada, the United Kingdom, the Belgium, Russia, Netherlands, the Nordic region, Poland, Japan, South Korea, China, India, Thailand, Singapore, Australia, Indonesia, Malaysia, Gulf Cooperation Council countries, New Zealand, Central Africa, and South Africa |
Key Market Segments Covered | Product Type, Form, Function, Silage Crop, and Region |
Pricing | Available upon Request |
The silage additive market size is valued at US$ 2,935.6 million in 2024.
The market is estimated to reach US$ 4,902.9 million by 2034.
The market revenue is anticipated to increase at a CAGR of 5.4% from 2024 to 2034.
North America is expected to hold a leading market share of 31.8% by 2034.
BASF SE, Chr. Hansen Holding A/S, Biomin, Lallemand Inc., DuPont de Nemours, Inc., Kemin Shandong Baolai-Leela Bio-industrial Group, Schaumann Bioenergy GmbH, Micron Bio-Systems, Volac International Limited, Eastman and Chemorse are the few leading players operating in the market.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition
3. Global ABC Market Outlook
3.1. Historical Market Size (in Value (US$ billion) and Volume (Units) Analysis, 2019 to 2023
3.2. Current and Future Market Size (in Value (US$ billion) and Volume (Units) Analysis, 2024 to 2034
3.2.1. Y-o-Y Growth Trend Analysis
3.2.2. Absolute $ Opportunity Analysis
4. Market Dynamics
4.1. Drivers
4.1.1. Supply Side Drivers
4.1.2. Demand Side drivers
4.1.3. Economic Side Drivers
4.2. Restraints
4.3. Opportunity
4.4. Market trends By Region
4.5. Forecast Factors - Relevance & Impact
4.6. Regulations and Policies
5. Global Market - Pricing Analysis
5.1. Price Point Assessment by Region
5.1.1. Manufacturer-Level Pricing
5.1.2. Distributor Level Pricing
5.2. Price Point Assessment By Product Type
5.3. Price Forecast till 2034
6. Value Chain Analysis
6.1. Operating margins at each node of the supply chain
6.2. List of Active Market Participants
7. Global Market Size (in Value (US$ billion) and Volume (Units) Analysis 2019 to 2023 and Forecast, 2024 to 2034
7.1. Historical Market Size (in Value (US$ billion) and Volume (Units) Analysis, 2019 to 2023
7.2. Current and Future Market Size (in Value (US$ billion) and Volume (Units) Analysis, 2024 to 2034
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type
8.1. Introduction / Key Findings
8.2. Historical Market Size (in Value (US$ billion) and Volume (Units) Analysis By Product Type, 2019 to 2023
8.3. Current and Future Market Size (in Value (US$ billion) and Volume (Units) Analysis and Forecast By Product Type, 2024 to 2034
8.3.1. Homofermentative Inoculants
8.3.2. Heterofermentative Inoculants
8.3.3. Combination Products
8.3.4. Acids and Acid Salts
8.3.5. Molasses or Sugar
8.3.6. Enzymes
8.3.7. Non-Protein Nitrogen Compound
8.4. Market Attractiveness Analysis By Product Type
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, Form
9.1. Introduction / Key Findings
9.2. Historical Market Size (in Value (US$ billion) and Volume (Units) Analysis By Form, 2019 to 2023
9.3. Current and Future Market Size (in Value (US$ billion) and Volume (Units) Analysis and Forecast By Form, 2024 to 2034
9.3.1. Powder
9.3.2. Liquid
9.4. Market Attractiveness Analysis By Form
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, Function
10.1. Introduction / Key Findings
10.2. Historical Market Size (in Value (US$ billion) and Volume (Units) Analysis By Function, 2019 to 2023
10.3. Current and Future Market Size (in Value (US$ billion) and Volume (Units) Analysis and Forecast By Function, 2024 to 2034
10.3.1. Stimulation Treatment
10.3.2. Inhibition Treatment
10.3.3. Other Functions
10.4. Market Attractiveness Analysis By Function
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, Silage Crop
11.1. Introduction / Key Findings
11.2. Historical Market Size (in Value (US$ billion) and Volume (Units) Analysis By Silage Crop, 2019 to 2023
11.3. Current and Future Market Size (in Value (US$ billion) and Volume (Units) Analysis and Forecast By Silage Crop, 2024 to 2034
11.3.1. Corn
11.3.2. Alfalfa
11.3.3. Sorghum
11.3.4. Oats
11.3.5. Barley
11.3.6. Rye
11.3.7. Other Crops
11.4. Market Attractiveness Analysis By Silage Crop
12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
12.1. Introduction
12.2. Historical Market Size (in Value (US$ billion) and Volume (Units) Analysis By Region, 2019 to 2023
12.3. Current Market Size (in Value (US$ billion) and Volume (Units) Analysis and Forecast By Region, 2024 to 2034
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. East Asia
12.3.5. South Asia
12.3.6. Oceania
12.3.7. Middle East & Africa
12.4. Market Attractiveness Analysis By Region
13. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
13.4. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2024 to 2034
13.4.1. By Country
13.4.1.1. USA
13.4.1.2. Canada
13.4.2. By Product Type
13.4.3. By Form
13.4.4. By Function
13.4.5. By Silage Crop
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Product Type
13.5.3. By Form
13.5.4. By Function
13.5.5. By Silage Crop
13.6. Key Takeaways
14. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
14.4. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2024 to 2034
14.4.1. By Country
14.4.1.1. Brazil
14.4.1.2. Mexico
14.4.1.3. Colombia
14.4.1.4. Argentina
14.4.1.5. Rest of Latin America
14.4.2. By Product Type
14.4.3. By Form
14.4.4. By Function
14.4.5. By Silage Crop
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Product Type
14.5.3. By Form
14.5.4. By Function
14.5.5. By Silage Crop
14.6. Key Takeaways
15. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
15.4. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2024 to 2034
15.4.1. By Country
15.4.1.1. Germany
15.4.1.2. UK
15.4.1.3. France
15.4.1.4. Italy
15.4.1.5. Spain
15.4.1.6. BENELUX
15.4.1.7. Nordic
15.4.1.8. Russia
15.4.1.9. Poland
15.4.1.10. Rest of Europe
15.4.2. By Product Type
15.4.3. By Form
15.4.4. By Function
15.4.5. By Silage Crop
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Product Type
15.5.3. By Form
15.5.4. By Function
15.5.5. By Silage Crop
15.6. Key Takeaways
16. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
16.4. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2024 to 2034
16.4.1. By Country
16.4.1.1. China
16.4.1.2. Japan
16.4.1.3. South Korea
16.4.2. By Product Type
16.4.3. By Form
16.4.4. By Function
16.4.5. By Silage Crop
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Product Type
16.5.3. By Form
16.5.4. By Function
16.5.5. By Silage Crop
16.6. Key Takeaways
17. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
17.4. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2024 to 2034
17.4.1. By Country
17.4.1.1. India
17.4.1.2. Thailand
17.4.1.3. Malaysia
17.4.1.4. Indonesia
17.4.1.5. Singapore
17.4.1.6. Rest of South Asia
17.4.2. By Product Type
17.4.3. By Form
17.4.4. By Function
17.4.5. By Silage Crop
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Product Type
17.5.3. By Form
17.5.4. By Function
17.5.5. By Silage Crop
17.6. Key Takeaways
18. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034
18.1. Introduction
18.2. Pricing Analysis
18.3. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
18.4. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2024 to 2034
18.4.1. By Country
18.4.1.1. Australia
18.4.1.2. New Zealand
18.4.2. By Product Type
18.4.3. By Form
18.4.4. By Function
18.4.5. By Silage Crop
18.5. Market Attractiveness Analysis
18.5.1. By Country
18.5.2. By Product Type
18.5.3. By Form
18.5.4. By Function
18.5.5. By Silage Crop
18.6. Key Takeaways
19. MEA Market Analysis 2019 to 2023 and Forecast 2024 to 2034
19.1. Introduction
19.2. Pricing Analysis
19.3. Historical Market Size (US$ billion) and Volume Trend Analysis By Market Taxonomy, 2019 to 2023
19.4. Market Size (US$ billion) and Volume Forecast By Market Taxonomy, 2024 to 2034
19.4.1. By Country
19.4.1.1. UAE
19.4.1.2. Saudi Arabia
19.4.1.3. Other GCC Countries
19.4.1.4. North Africa
19.4.1.5. South Africa
19.4.1.6. Central Africa
19.4.2. By Product Type
19.4.3. By Form
19.4.4. By Function
19.4.5. By Silage Crop
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Product Type
19.5.3. By Form
19.5.4. By Function
19.5.5. By Silage Crop
19.6. Key Takeaways
20. Country-level Market Analysis
20.1. US Market Analysis
20.1.1. By Product Type
20.1.2. By Form
20.1.3. By Function
20.1.4. By Silage Crop
20.2. Canada Market Analysis
20.2.1. By Product Type
20.2.2. By Form
20.2.3. By Function
20.2.4. By Silage Crop
20.3. Brazil Market Analysis
20.3.1. By Product Type
20.3.2. By Form
20.3.3. By Function
20.3.4. By Silage Crop
20.4. Mexico Market Analysis
20.4.1. By Product Type
20.4.2. By Form
20.4.3. By Function
20.4.4. By Silage Crop
20.5. Argentina Market Analysis
20.5.1. By Product Type
20.5.2. By Form
20.5.3. By Function
20.5.4. By Silage Crop
20.6. Germany Market Analysis
20.6.1. By Product Type
20.6.2. By Form
20.6.3. By Function
20.6.4. By Silage Crop
20.7. UK Market Analysis
20.7.1. By Product Type
20.7.2. By Form
20.7.3. By Function
20.7.4. By Silage Crop
20.8. France Market Analysis
20.8.1. By Product Type
20.8.2. By Form
20.8.3. By Function
20.8.4. By Silage Crop
20.9. Italy Market Analysis
20.9.1. By Product Type
20.9.2. By Form
20.9.3. By Function
20.9.4. By Price Range
20.9.5. By Silage Crop
20.10. Spain Market Analysis
20.10.1. By Product Type
20.10.2. By Form
20.10.3. By Function
20.10.4. By Silage Crop
20.11. BENELUX Market Analysis
20.11.1. By Product Type
20.11.2. By Form
20.11.3. By Function
20.11.4. By Silage Crop
20.12. Nordic Market Analysis
20.12.1. By Product Type
20.12.2. By Form
20.12.3. By Function
20.12.4. By Silage Crop
20.13. Russia Market Analysis
20.13.1. By Product Type
20.13.2. By Form
20.13.3. By Function
20.13.4. By Silage Crop
20.14. Poland Market Analysis
20.14.1. By Product Type
20.14.2. By Form
20.14.3. By Function
20.14.4. By Silage Crop
20.15. China Market Analysis
20.15.1. By Product Type
20.15.2. By Form
20.15.3. By Function
20.15.4. By Silage Crop
20.16. Japan Market Analysis
20.16.1. By Product Type
20.16.2. By Form
20.16.3. By Function
20.16.4. By Silage Crop
20.17. South Korea Market Analysis
20.17.1. By Product Type
20.17.2. By Form
20.17.3. By Function
20.17.4. By Silage Crop
20.18. India Market Analysis
20.18.1. By Product Type
20.18.2. By Form
20.18.3. By Function
20.18.4. By Silage Crop
20.19. Thailand Market Analysis
20.19.1. By Product Type
20.19.2. By Form
20.19.3. By Function
20.19.4. By Silage Crop
20.20. Malaysia Market Analysis
20.20.1. By Product Type
20.20.2. By Form
20.20.3. By Function
20.20.4. By Silage Crop
20.21. Indonesia Market Analysis
20.21.1. By Product Type
20.21.2. By Form
20.21.3. By Function
20.21.4. By Silage Crop
20.22. Vietnam Market Analysis
20.22.1. By Product Type
20.22.2. By Form
20.22.3. By Function
20.22.4. By Silage Crop
20.23. Philippines Market Analysis
20.23.1. By Product Type
20.23.2. By Form
20.23.3. By Function
20.23.4. By Silage Crop
20.24. Singapore Market Analysis
20.24.1. By Product Type
20.24.2. By Form
20.24.3. By Function
20.24.4. By Silage Crop
20.25. Australia Market Analysis
20.25.1. By Product Type
20.25.2. By Form
20.25.3. By Function
20.25.4. By Silage Crop
20.26. New Zealand Market Analysis
20.26.1. By Product Type
20.26.2. By Form
20.26.3. By Function
20.26.4. By Silage Crop
20.27. Turkey Market Analysis
20.27.1. By Product Type
20.27.2. By Form
20.27.3. By Function
20.27.4. By Silage Crop
20.28. Egypt Market Analysis
20.28.1. By Product Type
20.28.2. By Form
20.28.3. By Function
20.28.4. By Silage Crop
20.29. South Africa Market Analysis
20.29.1. By Product Type
20.29.2. By Form
20.29.3. By Function
20.29.4. By Silage Crop
20.30. GCC Countries Market Analysis
20.30.1. By Product Type
20.30.2. By Form
20.30.3. By Function
20.30.4. By Silage Crop
21. Market Structure Analysis
21.1. Global Market Competition - a Dashboard View
21.2. Industry Structure Analysis
21.2.1. % tier 1 market players
21.2.2. % tier 2 market players
21.2.3. % tier 3 market players
21.3. Global Market Company Share Analysis
21.3.1. For Tier 1 Market Players, 2024
21.3.2. Company Market Share Analysis of Top 5 Players, By Region
21.4. Key Participants Market Presence (Intensity Mapping) by Region
22. Competition Analysis
22.1. Competition Dashboard
22.2. Competition Benchmarking
22.3. Competition Deep Dive
22.3.1. Bernard Brewery
22.3.1.1. Product Portfolio
22.3.1.2. Product Claim
22.3.1.3. Revenue by Market Segments (Product/Channel/Region)
22.3.1.4. Sales Footprint
22.3.1.5. Strategy Overview
22.3.1.5.1. Marketing Strategy
22.3.1.5.2. Product Strategy Channel Strategy
22.3.1.6. SWOT Analysis
22.3.2. Asahi Dry Zero
22.3.3. Anheuser-Busch InBev S
22.3.4. Beck's Non-Alcoholic
22.3.5. BASF SE
22.3.6. Chr. Hansen Holding A/S
22.3.7. Biomin
22.3.8. Lallemand Inc.
22.3.9. DuPont de Nemours, Inc.
22.3.10. Kemin
22.3.11. Shandong Baolai-leelai Bio-industrial Group
22.3.12. Schaumann Bioenergy GmbH
22.3.13. Micron Bio-Systems
22.3.14. Volac International Limited
22.3.15. Eastman
22.3.16. Chemorse
22.3.17. Addcon Europe GmbH
22.3.18. American Farm Products
22.3.19. Wausau Chemical Corporation
22.3.20. Josera GmbH & Co KG
22.3.21. DeLaval Corporate
22.3.22. Nuhn Forage Inc.
22.3.23. Trouw Nutrition
22.3.24. Archer Daniels Midland Company
22.3.25. Cargill Inc.
22.3.26. AgroChem, Inc.
22.3.27. DeKalb Genetics Corporation
22.3.28. NWF Agriculture
22.3.29. Other Players (On Additional Requests)
23. Assumptions and Acronyms Used
24. Research Methodology
Explore Food and Beverage Insights
View Reports