Global Silage Additives Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the Silage Additives market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the Silage Additives market."
The goal of silage preservation is to reduce oxygen and increase acidity rapidly, so that lactic acid bacteria grow to stabilize and preserve the forage. Stimulants, such as bacterial inoculants, sugars, and enzymes, are intended to improve the growth of lactic acid bacteria and their acid production. Inhibitors, such as propionates, nonprotein nitrogen, and acids, should slow down unwanted silage degradation.
The North American region accounted for the highest adoption of silage additives in the livestock industry in 2017, 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 2018 to 2023. 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 global Silage Additives market is valued at 1300 million US$ in 2018 is expected to reach 1830 million US$ by the end of 2025, growing at a CAGR of 4.4% during 2019-2025.
This report focuses on Silage Additives volume and value at global level, regional level and company level. From a global perspective, this report represents overall Silage Additives market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Lallemand
    Dupont Pioneer
    Schaumann Bioenergy
    Chr. Hansen
    BASF
    Nutreco
    Micron Bio-Systems
    Volac
    Addcon
    American Farm Products
    Josera

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Inoculants
    Organic acids
    Sugars
    Enzymes
    NPN nutrients
    Others

Segment by Application
    Corn
    Alfalfa
    Sorghum
    Oats
    Barley
    Rye
    Others