Silage inoculants are additives containing anaerobic lactic acid bacteria (LAB) that are used to manipulate and enhance fermentation in haylage (alfalfa, grass, cereal) and corn silage. A more efficient fermentation is the desired result.

Silage inoculants consist of bacteria which are used to dominate the fermentation of the silage and further aid in better crop preservation. A good silage inoculant helps in faster and more efficient fermentation. It further results in less energy and dry matter loss and better animal performance. Inoculants can decrease the silage shrink, increase silage quality, and result in the enhancement in the efficiency of milk or meat production.

Enzymes are a cost effective supplement to be considered when used in combination with a quality silage inoculant. Enzymes help insure the lactic acid bacteria responsible for pH drop, have an adequate supply of sugars plus enzymes may help improve subsequent fiber digestion at feed out.

Silage inoculants consist of bacteria which are used to dominate the fermentation of the silage and further aid in better crop preservation. A good silage inoculant helps in faster and more efficient fermentation. It further results in less energy and dry matter loss and better animal performance. Inoculants can decrease the silage shrink, increase silage quality, and result in the enhancement in the efficiency of milk or meat production. The classification of Silage Inoculants & Enzymes includes Homofermentative and Heterofermentative.
Americas is the largest consumption place, with a consumption market share nearly 41.4% in 2018. Following Americas, Europe is the second largest consumption place with the consumption market share of 24.7% in 2018. The growing industrialization in livestock industry, unpredictable weather leading to more damaged crops and increased awareness among the farmers are the reasons driving the Asia-Pacific silage innoculants market.

According to this study, over the next five years the Silage Inoculants & Enzymes market will register a 4.3% CAGR in terms of revenue, the global market size will reach US$ 581.2 million by 2024, from US$ 470.5 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Silage Inoculants & Enzymes business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Silage Inoculants & Enzymes market by product type, application, key manufacturers and key regions and countries.

This study considers the Silage Inoculants & Enzymes 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.
Heterofermentative
Homofermentative
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Corn
Sorghum
Alfalfa
Other

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.
Archer Daniels Midland
Chr. Hansen
Du Pont
Kemin Industries
Addcon Group
Volac International
Agri-King
Biomin Holding
Lallemand
Schaumann Bioenergy
Cargill

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 Inoculants & Enzymes 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 Inoculants & Enzymes market by identifying its various subsegments.
Focuses on the key global Silage Inoculants & Enzymes 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 Inoculants & Enzymes 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 Inoculants & Enzymes 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.