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% |
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| 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% |
Principal Consultant
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.
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| 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
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Silage Additive Market
