Global Silage Inoculant Market - South America Industry Growth, Trends and Forecasts (2018 - 2023)

  • ID: 4515651
  • Report
  • Region: Global, America, South America
  • 80 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • ADM Alliance Nutrition
  • AGRI-KING
  • American Farm Products
  • Biomin
  • BrettBrothers Limited
  • Cargill Inc.
  • MORE
Proper fermentation of silage benefits the animal performance by boosting their immunity and improving the feed conversion ratio. Factors, such as, lack of awareness about silage inoculants among the farmers and the improper fermentation of forage due to less efficiency of silage inoculants are restricting the growth of the silage inoculants market. Additionally, rise in popularity for compound feed & feed additives is barricading the consumption of forage, thus, affecting the inoculants consumption. Asia-Pacific is a potential region for the market, with investments coming from major players in the market.

Demand for Quality Meat and Processed Meat Industry

Rapid rise in globalization and meat processing, according to the consumer’s choice, has paced up in the recent times. Rise in income and standard of living, engaged with professional and personal work, ready-to-eat meat foods are gaining the market gradually. Processed meat industry has witnessed a 3% hike over the previous year, in terms of production. Major consumption and production is observed in western countries and this effect is going to be spread across the world. Developing countries, such as China and India, are slowly gaining market share by following the footsteps of western countries by expanding their quick service restaurant markets. In addition, rise in living standards has also affected the growth of processed meat. Growing concerns over health has resulted in demand for high-quality meat. To meet the consumer demand, farmers should feed animals with highly-nutritious feed. Owing to the high input costs and safety concerns, feed additives are not a good choice for the production deficit problem. Silage additives, which are known to deliver natural nutrition to the animal, are gaining popularity. The meat obtained from animals fed with a nutritious feed is found to deliver better quality meat. The shift toward meat production and industrialization requires a better regulatory framework to protect public health and high feed additive inputs in animal feed to enhance efficiency of meat production.

Overall, the demand for high-quality meat from the meat and processed meat industry is driving cultivators to employ silage inoculants to the feed, in order to provide higher-quality nutrition to the livestock.

Increase in Livestock Production

According to the World Bank, industrialized meat production has grown six times faster than the traditional meat production methods in most of the developed world. With increasing mass production of meat, a shift is observed toward landless meat production facilities. The meat production industry has been consolidating, especially in developed parts of the world, such as US and Europe, to increase bovine meat production with reduced land usage.

Feed-lot raised animals are kept indoors and are provided with compound feed for their enhanced growth and are supplied with essential nutrients. This led to increased demand and consumption of feed, thereby, driving the market for silage, especially suited for ruminants. The shift towards industrialization meat production requires a better regulatory framework to protect public health and at the same time, provides high feed additive inputs in animal feeds to increase the protein-content and provide sufficient nutrition to cater to the nutritive needs of the cattle. Silage additives are added with silage to the feed stock in varying quantities, depending on the cattle type, as well as the surrounding environment and to cater with the cattle’s nutritive needs.

In addition, ruminants, which form the most critical animal in the silage inoculant market, are majorly distributed across all geographies and are of paramount importance. They serve as a major source of livelihood for the small farmer and the landless in rural communities, in majority of tropical African and Asia-Pacific countries. The productivity of small ruminants in this system has been quite low, however, there is an ample opportunity for improvement in this sector in these countries. Intake of silage inoculants, not only helps to improve milk production, feed efficiency was also seen to have witnessed improvement in more than 40% of the studies, while intake and gain has also significantly improved in around 30% of the studies. Genetic improvement, along with efficiency of production, are expected to be easily replicated in small ruminants with the intake of silage inoculants and they usually have a faster population turnover rate. Creating an effective market for the silage inoculants market in these regions.

Key Developments in the Market:
  • March 2017: Nutreco N.V acquires Advit, a South America-based premix and feed additive company.
  • May 2016: Lallemand NZ and Nutritech International have merged their businesses to create New Zealand’s largest supplier of forage additives and animal nutrition.
Major Players include - ADM ALLIANCE NUTRITION, AGRI-KING, AMERICAN FARM PRODUCTS, BIOMIN, BRETTBROTHERS LIMITED, amongst others.

Reasons to Purchase this Report
  • Study on the adoption of silage inoculants in developing regions and its effects on the global feed additives industry.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
  • Study on the major players expected to dominate the market during the forecast period.
  • Study on the region expected to witness fastest growth during the forecast period.
  • Identify the latest developments, market shares and strategies employed by the major market players.
  • 3 months analyst support along with the Market Estimate sheet (in excel).
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FEATURED COMPANIES

  • ADM Alliance Nutrition
  • AGRI-KING
  • American Farm Products
  • Biomin
  • BrettBrothers Limited
  • Cargill Inc.
  • MORE
1. INTRODUCTION
1.1 Study Deliverables
1.2 General Study Assumptions

2. RESEARCH METHODOLOGY
2.1 Introduction
2.2 Analysis Methodology
2.3 Study Assumptions

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW AND TECHNOLOGY TRENDS
4.1 Current Market Scenario
4.2 Technology Trends
4.3 Porter's Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Threat of Substitutes
4.3.3 Bargaining Power of Suppliers
4.3.4 Bargaining Power of Buyers
4.3.5 Intensity of Competitive Rivalry

5. MARKET DYNAMICS
5.1 Drivers
5.2 Restraints
5.3 Opportunities

6. GLOBAL SILAGE INNOCULANTS MARKET SEGMENTATION, BY TYPE
6.1 Homolactic bacteria
6.1.1 Lactobacillus plantarum
6.1.2 Pediococcus pentosaceus
6.1.3 Enterococcus faecium
6.1.4 Others
6.2 Heterolactic bacteria
6.2.1 Lactobacillus buchneri
6.2.2 Lactobacillus brevis
6.2.3 Propionibacteria freundenreichii
6.2.4 Others

7. GLOBAL SILAGE INNOCULANTS MARKET SEGMENTATION, BY APPLICATION
7.1 Cereal crops
7.1.1 Corn
7.1.2 Barley
7.1.3 Oats
7.1.4 Wheat
7.1.5 Sorghum
7.1.6 Others
7.2 Pulse Crops
7.2.1 Peas
7.2.2 Clover
7.2.3 Alfalfa
7.2.4 Others
7.3 Others Crops
7.3.1 Grasses
7.3.2 Canola
7.3.3 Others

8. GLOBAL SILAGE INNOCULANTS MARKET SEGMENTATION, BY GEOGRAPHY
8.1 North America
8.1.1 United States
8.1.2 Canada
8.1.3 Mexico
8.1.4 Rest of the North America
8.2 Europe
8.2.1 Spain
8.2.2 United Kingdom
8.2.3 Germany
8.2.4 Russia
8.2.5 France
8.2.6 Rest of the Europe
8.3 Asia-Pacific
8.3.1 China
8.3.2 India
8.3.3 Japan
8.3.4 Rest of the Asia-Pacific
8.4 South America
8.4.1 Brazil
8.4.2 Argentina
8.4.3 Rest of the South America
8.5 Middle East & Africa
8.5.1 Saudi Arabia
8.5.2 South Africa
8.5.3 Rest of the Middle East & Africa

9. COMPETITIVE LANDSCAPE
9.1 Introduction
9.2 Market Share Analysis

10. COMPANY PROFILES
10.1 ADM Alliance Nutrition
10.2 AGRI-KING
10.3 American Farm Products
10.4 Biomin
10.5 BrettBrothers Limited
10.6 Cargill Inc.
10.7 CHR. Hansen Holdings
10.8 Dr. Pieper
10.9 DuPont
10.10 Envirosystems UK Ltd.

11. FUTURE OUTLOOK
12. DISCLAIMER
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  • ADM Alliance Nutrition
  • AGRI-KING
  • American Farm Products
  • Biomin
  • BrettBrothers Limited
  • Cargill Inc.
  • CHR. Hansen Holdings
  • Dr. Pieper
  • DuPont
  • Envirosystems UK Ltd.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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