Pune, India -- (SBWIRE) -- 04/25/2019 -- Silage Inoculant and Enzymes Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of silage inoculant and enzymes Market by species (pediococcus, enterococcus and lactobacillus), types (homofermentative and heterofermentative), crops (corn, alfalfa and sorghum) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the silage inoculant and enzymes market it includes the five years Industry analysis and the 6 years annual forecast from 2018 to 2024. Some of the prominent participants in the global silage inoculant and enzymes market are Chr. Hansen A/S, Lallemand, Agri-King Inc., Trouwn nutrition, Schaumann BioEnergy GmbH, Archer Daniels Midland Company, ADDCON Group GmbH, Pioneer, American farm products and Du Pont De Nemours and Company.

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Silage Inoculant and Enzymes Market: Insight

Silage is preserved pasture made by packing immature plants in an airtight storage container and allowing fermentation to develop acetic and lactic acids that preserve the moist feed. Addition of silage inoculants and enzymes to freshly harvested forage can increase the chance of obtaining good quality silage. The lactic acid bacteria in the silage inoculant overwhelms the natural lactic acid bacteria on the crop. Enzymes are a cost-effective supplement to be considered when used in combination with a quality silage inoculant. Enzymes in silage inoculants are primarily used to generate sugars for the inoculant bacteria to use for growth and fermentation. Silage inoculants and enzymes work by shifting silage fermentation in a direction that better preserves the crop quality. Ensiled forages account for the majority of most dairy rations around the world.

Silage Inoculant and Enzymes Market: Drivers and Restraints

The rise in population has led to an increase in demand for food resulting in the growth of the meat and dairy industry. The increase in demand for animal nutrition for the livestock is the key driving force for the growth of silage inoculant and enzyme market. The main purpose of using silage inoculant & enzymes is to preserve and recover organic dry matter while retaining nutritional value and palatability and thereby improving animal performance. Improved silage management can have a significant impact on the overall profitability of the dairy. However, the use of silage inoculant & enzymes gives variable results and are not effective always. In addition, a lack of sufficient knowledge about such advanced agricultural products acts as a major challenge in the growth of silage additive market. Moreover, the increased research and developments in the agricultural industry and the rising demand for feedstock with better shelf-life for animal nutrition could create an opportunity for the growth of Silage inoculant and enzymes market.

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Silage Inoculant and Enzymes Market: Regional Analysis

By geography, North America regions hold the largest market share in Silage inoculant and enzymes market. Europe is one of the fastest growing regions in agricultural inoculant owing to the growth of the livestock industry. In addition, the Asia Pacific region is also expected to gain rapid development in the Silage inoculant and enzymes market owing to the rising demand for food products over the forecast period.

Report Findings

1. Drivers

- Silage Increases Livestock Production

- Increasing Food Requirements for Growing Population

- Increase in Demand for Animal Nutrition

2. Opportunities

- Increasing Demand for Foodstuffs for Improving Animal Performance

- Increase in The Demand for Preservation and Storage of Feedstock

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