The corn silage market size expects a significant bump in its value, from USD 348.5 million in 2024 to USD 688.4 million in 2034. The updated report points to a CAGR of 7.0% CAGR from 2024 to 2034. That is a slight improvement from the previous CAGR of 6.60% observed between 2019 and 2023.
| Market Size, 2024 | USD 348.5 million |
|---|---|
| Market Size, 2034 | USD 688.4 million |
| Value CAGR (2024 to 2034) | 7.0% |
Explore FMI!
Book a free demo
Countries are Hoping for a Greener Tomorrow and Investing in Improving Biogas Production
Countries around the world are pushing objectives of raising their biogas production. Corn silage is an important feedstock in producing biogas as it helps in making energy without needing air. It is becoming famous as a renewable energy source that can help power things.
Industries are aspiring to be more eco-friendly and governments are giving them incentives for making advancements in green energy. Countries around the world are establishing new biogas plants. This is raising the demand for corn silage in biogas plants.
Various countries are investing in Waste-to-Energy projects. Japan, for instance, launched a new biogas plant in Sagamihara in August 2023. A greener tomorrow is the main objective.
Consumers are Demanding Animal Protein More than Ever
Population rates are at an all-time high. Consumers want to have diets that have more proteins, like dairy and meat. So, the livestock industry and farmers have to raise more animals to meet this demand. But to keep animals healthy and growing, they need feedstock like corn silage.
Since there’s a lot more demand for animal protein, farmers are finding better ways to feed their herds and optimize production in the livestock industry. North America is the top meat consumer with 100 kilograms per person a year. Oceania’s people consume nearly 75 kilograms per person a year, and in Europe, it’s about 64 kilograms per person a year.
| Segment | Beef Cattle (End Use) |
|---|---|
| Value Share (2024) | 62.80% |
Beef cattle are anticipated to bag the top market share by end use in 2024. Beef is consumed on a high scale. Traditionally, in rural areas beef is consumed more than in urban and suburban areas. Low-income consumers have been found to eat more beef.
As meat consumption is surging with the global population, beef cattle demand is also increasing. Fast-food chains and casual dining places are popping up more frequently. Hence, corn silage adoption as beef cattle feedstock is bound to rise.
| Segment | Brown Mid-rib (Type) |
|---|---|
| Value Share (2024) | 41.70% |
Brown mid-rib type is expected to hold the top market share in 2024. Brown mid-rib corn silage is attractive for livestock producers. It is easily digestible and has high nutritional value. It leads to higher milk production and improves feed conversion ratios.
It is marketed as a premium product, which leads to higher prices. The adoption is further improved as farmers focus on crop resilience. Also, environmental sustainability comes into play. Improvements in feed efficiency can cause lower methane emissions, leading to sustainability.
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| United States | 6.10% |
| Germany | 5.70% |
| Japan | 5.20% |
| China | 4.80% |
| India | 6.30% |
Demand for the product in the United States is slotted in to rise at 6.10% CAGR through 2034. The use of farming technology like GPS and data analytics is helping American farmers produce silage feed better.
This is making farming profitable by saving resources and boosting yields. Also, the ingredient isn't just for feeding livestock anymore. It's being used to make eco-friendly products like bioplastics.
Big farms are now taking control of the whole process from growing to feeding livestock. Farmers are also trying to be greener to match what people who buy food want, which is stuff that's good for the environment. The government is helping too by giving money and support for green farming practices. All these things together are making corn silage farming better in the United States.
Firms like Cargill, Archer Daniels Midland Company (ADM), Forage Genetics International LLC, and Pioneer Hi-bred International Inc. are headquartered in the country. These companies are focusing on marketing their products by advertising campaigns for farmers.
The sales of the product in Germany are marked to amplify at 5.70% CAGR until 2034. German consumers are reputed to invest in renewable energy and being eco-friendly. They want to shift to using less carbon and more renewable energy sources like silage feed for making biogas.
This creates opportunities for farmers who grow the product because they can sell it for making renewable energy.
Also, German farmers are trying out different types of animal feed silage to make sure they have enough food and use resources wisely. The animal fodder is being used because it's grown locally and gives livestock ample energy. The government also helps farmers who use sustainable practices by giving them incentives and support.
KWS SAAT SE & Co. KgaA and Agreliant Genetics LLC are valuable players in the German corn silage market. These companies engage with research institutes and agricultural universities to improve industry traits.
Corn silage market growth in Japan is estimated at 5.20% CAGR till 2034. In Japan, elderly people are consuming more meat. As such, the product has become an important feedstock for high-quality meat products. Wagyu beef is famous in Japan, and the corn product is being used to feed the cattle for Wagyu beef.
Japan is focused on improving its domestic production, especially during emergencies. So, farmers are using things like silage storage. The Japanese population is also working on making the world a better place and thus the ingredient is gaining in popularity.
Takii & Co. Ltd. and Sakata Seed Corporation are prominent players in Japan. Takii focuses on product quality and reliability. Sakata on the other hand invests in research and development to optimize the prodcut for specific regions within Japan.
Demand in China is slated to rise at 4.80% CAGR till 2034. In China, meat like pork and chicken’s popularity is ever-increasing. The government wants to ensure adequate availability of animal feed; therefore, the growing of stuff like corn silage and maize silage is encouraged instead of importing from other countries.
By growing the ingredient alongside other crops, farmers can also help the environment. China is also investing in making farming easier and better, which helps farmers produce more silage.
In China, Beijing Dabeinong Technology Group Co. Ltd. and Longping High-Tech are prominent. These companies use multi-channel marketing to reach farmers and feed producers.
Sales in India are slotted to increase at 6.30% CAGR through 2034. Emerging trends in silage preservation show that farmers want their cattle to make more milk, so there is a need to feed them more stuff like silage. Also, because of climate change, the weather is unpredictable, and there's not enough water for crops.
But silage doesn't need lots of water to grow, so it's a clever pick. Farmers can even grow silage with other plants to make their farms eco-friendlier. Thus, the product is getting popular in India because it helps farmers make more milk, deal with climate change, and even produce clean energy.
Firms like Kaveri Seed Company Ltd. and Nuziveedu Seeds Ltd. are developing corn silage hybrids. They are doing this to adapt to Indian agro-climatic conditions.
Competition in the market is high, with colossal international companies such as Cargill, and ADM competing with niche players and regional providers.
Staying competitive demands incredible innovation, which involves genetic improvements and new processing technologies. The industry is also affected by measures of sustainability and regulatory compliance.
Recent Developments
The industry is valued at USD 348.5 million in 2024.
The corn silage industry size is estimated to increase at a 7.0% CAGR through 2034.
The industry is expected to be worth USD 688.4 million by 2034.
Brown mid-rib is the highly preferred type of product in the market.
The industry in India is predicted to expand at a 6.30% CAGR through 2034.
Pregnancy Snacks Market Analysis by Product Type, Nutritional Content, Distribution Channel, Packaging Format and Stage of Pregnancy Flavors Through 2035
Pet Food Palatants Market Analysis by Form, Nature, Application, Pet Type and Claims Through 2035
Pediatric Tube Feeding Market Analysis by Formula Type, Feeding Method, Form, Specific Needs, Dietary Preference, Age, Distribution Channel and Region Through 2035
Analysis and Growth Projections for Native Whey Protein Market
Pet Food Premix Market Analysis by Pet Type, Ingredient Type, Formand Sales ChannelThrough 2035
Analysis and Growth Projections for Dark Rum Business
Corn Silage Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
