Silage Additives boosting the quality of corn in the US and Europe
© Mounika Chekuri
The Silage Additives are added for the improvement in the quality of the silage as well as for the regulation of the process of conservation. Silage additives aid in the maintenance of the freshness of the forage at the time of nurturing. Further, they also help in increasing the performance of animals and animal fitness by increasing the forage quality.
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Market Underlying Factors
The Global Silage Additives Market was worth $480 million in 2016 and estimated to be growing at a CAGR of 3.85%, to reach $579.79 million by 2021. The increasing use of silage additives has its onus on the increasing popularity of farm practices which are sustainable in nature and the advancement in R&D pertaining to the preparation processes of cost-efficient silage.
Silage additives are increasingly being used for the production of corn which is majorly produced in the regions of the US and Europe. The inoculants are being driven by the globally increasing demand for organic acids and the uses of biological products in farming.
To know more read: https://marketdataforecast.com/market-reports/global-silage-additives-market-1384/
Geographical Segmentation
The Asia Pacific region with its large agricultural fields and increasing use of Silage Additives accounts as the fastest growing regions of Global Silage Additives market. Government policies in this region have aided farmers which have resulted in the growth of the market by the provision of subsidies and loan waivers. North America currently accounts for the largest share of the global market due to high consumer awareness and deeper market penetration.
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The major market contributors for the Global Silage Additives market are BASF SE (Germany), ADDCON (Germany), Novozymes A/S (Denmark), DSM N.V. (The Netherlands), Cargill Inc. (U.S.), Evonik Industries AG (Germany), Selko Feed Additives (The Netherlands), Volac International Limited (U.K.), Schaumann BioEnergy GmbH (Germany) and CHR. Hansen Holdings A/S (Denmark).
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About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
View a sample and decide: https://marketdataforecast.com/market-reports/global-silage-additives-market-1384/request-sample
Market Underlying Factors
The Global Silage Additives Market was worth $480 million in 2016 and estimated to be growing at a CAGR of 3.85%, to reach $579.79 million by 2021. The increasing use of silage additives has its onus on the increasing popularity of farm practices which are sustainable in nature and the advancement in R&D pertaining to the preparation processes of cost-efficient silage.
Silage additives are increasingly being used for the production of corn which is majorly produced in the regions of the US and Europe. The inoculants are being driven by the globally increasing demand for organic acids and the uses of biological products in farming.
To know more read: https://marketdataforecast.com/market-reports/global-silage-additives-market-1384/
Geographical Segmentation
The Asia Pacific region with its large agricultural fields and increasing use of Silage Additives accounts as the fastest growing regions of Global Silage Additives market. Government policies in this region have aided farmers which have resulted in the growth of the market by the provision of subsidies and loan waivers. North America currently accounts for the largest share of the global market due to high consumer awareness and deeper market penetration.
Get your customized report:https://marketdataforecast.com/market-reports/global-silage-additives-market-1384/customize-report
The major market contributors for the Global Silage Additives market are BASF SE (Germany), ADDCON (Germany), Novozymes A/S (Denmark), DSM N.V. (The Netherlands), Cargill Inc. (U.S.), Evonik Industries AG (Germany), Selko Feed Additives (The Netherlands), Volac International Limited (U.K.), Schaumann BioEnergy GmbH (Germany) and CHR. Hansen Holdings A/S (Denmark).
Related Reports from Market Data Forecast:
Diabetes Care Devices Market: https://marketdataforecast.com/market-reports/global-compound-feed-market-345/
Advanced Wound Care Market: https://marketdataforecast.com/market-reports/global-advanced-wound-care-market-110/
About MarketDataForecast™
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626