DUBLIN, Dec. 18, 2017 /PRNewswire/ --
The "Silage Additives Market by Type (Inoculants, Organic Acids, Sugars, Absorbents, NPN Nutrients), Silage Crop (Corn, Alfalfa, Sorghum, Oats, Barley, Rye) Function (Stimulation, Inhibition), Form, and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The silage additives market is projected to grow at a CAGR of 4.40% from USD 1.62 Billion in 2017, to reach USD 2.00 Billion by 2022.
Due to the increase in production of silage across the globe, silage additives have been gaining preference for their characteristics of improving silage quality, the shelf life of silage, and enhancing the productivity of livestock.
The North American region accounted for the highest adoption of silage additives in the livestock industry in 2016, owing to the growth in awareness and increase in the production of corn silage in the US and Canada. Asia Pacific is projected to be the fastest-growing region for the silage additives market in agricultural applications from 2017 to 2022. The significant growth of exportable commodities from the dairy sector, in order to meet the export quality standards, strengthened the market potential for local silage additive manufacturers to develop various products based on organic acids, NPN nutrients, and sugars.
The silage additives market has been evolving with various manufacturers involved in the research and development of cost-effective, productive processes to reduce the prices of the silage preparation. The popularity of silage additive products depends on the understanding of its constituents and benefits, among farmers.
Owing to the awareness about the effectiveness of these specific additive types, companies extract them and provide them as ready-to-use end products in the market. The information gap caused by misplaced marketing about the concept of silage additive serves as a challenge toward the growth of the market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Silage Additives Market, By Type
7 Silage Additives Market, By Silage Crop
8 Silage Additives Market, By Function
9 Silage Additives Market, By Form
10 Silage Additives Market, By Region
11 Competitive Landscape
12 Company Profiles
- American Farm Products
- Chr. Hansen
- Dupont, Pioneer
- Micron Bio-Systems
- Schaumann Bioenergy
For more information about this report visit https://www.researchandmarkets.com/research/mgjt7x/2017_silage?w=5
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