Silage is fermented, high-moisture stored fodder which can be fed to cattle, sheep and other such ruminants (cud-chewing animals) or used as a biofuel feedstock for anaerobic digesters. It is fermented and stored in a process called ensilage, ensiling or silaging, and is usually made from grass crops, including maize, sorghum or other cereals, using the entire green plant (not just the grain).
The global Silage Corn Seed industry has a rather high concentration. The major manufacturers are concentrated in USA, China, Europe and Global Other, such as DuPont Pioneer, Monsanto, Syngenta, KWS and Limagrain. At present, DuPont Pioneer is the world leader, holding 26.36% production market share in 2016.
The global consumption of Silage Corn Seed increases from 875.45 K MT in 2012 to 1070.06 K MT in 2016, at a CAGR of more than 5.15%. In 2016, the global Silage Corn Seed consumption market is led by USA and USA is the largest region consumption market, accounting for about 54.65% of global consumption of Silage Corn Seed.
Silage Corn Seed downstream is wide and recently Silage Corn Seed has acquired increasing significance in various fields of Farm Planting and Personal Planting. Globally, the Silage Corn Seed market is mainly driven by growing demand for Farm Planting. Farm Planting accounts for nearly 62.84% of total downstream consumption of Silage Corn Seed in global.
Silage Corn Seed can be mainly divided into GMO and Non-GMO which GMO captures about 67.74% of Silage Corn Seed market in 2016. According to our research and analysis, manufacturers from USA are the major leaders in the international market of Silage Corn Seed.
Global market is expected to witness significant growth on account of rising applications, so in the next few years, Silage Corn Seed consumption will show a trend of steady growth. In 2023 the consumption of Silage Corn Seed is estimated to be 1247.23 K MT. On product prices, the slow downward trend in recent years will maintain in the future.
According to this study, over the next five years the Silage Corn Seed market will register a 3.8% CAGR in terms of revenue, the global market size will reach USD 7740 million by 2024, from USD 6190 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Silage Corn Seed business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Silage Corn Seed market by product type, application, key manufacturers and key regions and countries.
This study considers the Silage Corn Seed value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
GMO
Non-GMO
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Farm Planting
Personal Planting
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
DuPont Pioneer
Monsanto
Syngenta
KWS
Limagrain
Dow AgroSciences
Bayer
Denghai
China National Seed Group
Advanta
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Silage Corn Seed consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Silage Corn Seed market by identifying its various subsegments.
Focuses on the key global Silage Corn Seed manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Silage Corn Seed with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Silage Corn Seed submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
