Europe Silage Additives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.50 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Silage Additives Market Analysis
The Europe Silage Additives Market is projected to register a CAGR of 4.5% over the forecast period (2020-2025). Silage is an important means of preservation of fresh fodder for animals for the availability of roughage and nutrients during extreme weather conditions. The production of silage is a well-established practice in Europe. The development of innovative products and increased focus on R&D by companies is expected to be one of the key factors driving the adoption of silage additives. With an increase in awareness regarding the usability of silage as a substitute for fresh fodder or hay, the practice of production of silage, as a whole is expected to continue to increase. Increased industrialization of livestock production, driven by increased demand for animal protein by end consumers is driving farmers to adopt optimum nutrition for cattle, leading to an increased usage of silage additives.
Europe Silage Additives Market Trends
This section covers the major market trends shaping the Europe Silage Additives Market according to our research experts:
Increasing Demand for Standard Animal Meat
There has been increasing pressure on the livestock industry, to meet the growing demand for meat and high-value animal protein that is safe and meets all standard criteria. Population growth, rising incomes in developing nations, and urbanization have led to a surge in global livestock production. The level of income and consumption of animal protein is directly related to the consumption of milk, meat, and eggs, which are increasing at the expense of staple foods. To ensure silage ferments rapidly and more true protein is preserved alongside minimizing the activities of undesirable microorganisms, the use of silage additives becomes very crucial. The European meat market has maintained its growth, and the high consumption of meat products is expected to witness a significant CAGR over the forecast period, this will directly aid the growth of silage additives market.
Inoculants dominates the Silage Additive Market
Silage inoculants work by shifting silage fermentation in a direction that better preserves the crop. That happens when the lactic acid bacteria in the inoculant overwhelm the natural lactic acid bacteria on the crop. Inoculants are used extensively in Europe as a tool to reduce dry matter losses. Also, they have their biggest effect on losses when used together with good silage management practices. Research says, inoculants have the most success on hay crop silage and the least on corn silage. Bacterial inoculants are thus designed to be able to grow fast under a range of conditions. Their use increases the rate of pH decline, reduce the final pH of the silage, decrease dry matter losses, reduce protein degradation, and increase overall digestibility of the silage. Hence, the usefulness of silage inoculants is likely to contribute towards a positive growth of the market during the forecast period.
Europe Silage Additives Industry Overview
The Europe Silage Additive Market is moderately consolidated with a few major global players garnering high market shares, especially as the markets in Europe are quite developed. These companies have been increasing R&D spending exponentially to integrate innovation with excellence in their products' performance. Demand for highly efficient additives is expected to make the market more competitive and effectively dynamic during the forecast period. Some of the major players in the global silage additive market include BASF SE, Archer Daniels Midland Company, ForFarmers NV, Chr. Hansen, and Lallemand Animal Nutrition, among others. Some other popular companies of the region are Brett Brothers Ltd, Carrs Billington, Scotmin and Wynnstay group.
Europe Silage Additives Market Leaders
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BASF SE
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Archer Daniels Midland Company
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ForFarmers NV
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Chr. Hansen
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Lallemand Animal Nutrition
*Disclaimer: Major Players sorted in no particular order
Europe Silage Additives Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions & Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porter's Five Force Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 Type
- 5.1.1 Inoculants
- 5.1.2 Organic Acids & Salts
- 5.1.3 Enzymes
- 5.1.4 Adsorbents
- 5.1.5 Preservatives
- 5.1.6 Other Types
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5.2 Silage Type
- 5.2.1 Cereals
- 5.2.2 Legumes
- 5.2.3 Other Silage Types
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5.3 Geography
- 5.3.1 Germany
- 5.3.2 United Kingdom
- 5.3.3 France
- 5.3.4 Spain
- 5.3.5 Russia
- 5.3.6 Italy
- 5.3.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 BASF SE
- 6.3.2 Archer Daniels Midland Company
- 6.3.3 ForFarmers NV
- 6.3.4 Chr. Hansen
- 6.3.5 Lallemand Animal Nutrition
- 6.3.6 Volac International Limited
- 6.3.7 Nutreco N.V.
- 6.3.8 ADDCON GmbH
- 6.3.9 BIOMIN Holding GmbH
- 6.3.10 Brett Brothers Ltd
- 6.3.11 Carrs Billington
- 6.3.12 Mole Valley Farmers Ltd.
- 6.3.13 Envirosystems
- 6.3.14 Scotmin
- 6.3.15 Mole Valley Farmers Ltd.
- 6.3.16 Pearce Group of Companies
- 6.3.17 KW Forage system
- 6.3.18 Wynnstay group
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19
** Subject To AvailablityEurope Silage Additives Industry Segmentation
The Europe Silage Additives Market is segmented by Type into Silage Inoculants, Organic Acids & Salts, Enzymes, Adsorbents, Preservatives, and Other Types, and by Silage Type into Cereals, Legumes, and Other Silage Types. The market is also segmented by geography to cover the key market trends across major countries such as Germany, United Kingdom, France, Spain, Russia, Italy and Rest of Europe.
| Type | Inoculants |
| Organic Acids & Salts | |
| Enzymes | |
| Adsorbents | |
| Preservatives | |
| Other Types | |
| Silage Type | Cereals |
| Legumes | |
| Other Silage Types | |
| Geography | Germany |
| United Kingdom | |
| France | |
| Spain | |
| Russia | |
| Italy | |
| Rest of Europe |
Europe Silage Additives Market Research FAQs
What is the current Europe Silage Additives Market size?
The Europe Silage Additives Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029)
Who are the key players in Europe Silage Additives Market?
BASF SE, Archer Daniels Midland Company , ForFarmers NV, Chr. Hansen and Lallemand Animal Nutrition are the major companies operating in the Europe Silage Additives Market.
What years does this Europe Silage Additives Market cover?
The report covers the Europe Silage Additives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Silage Additives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Silage Additives Industry Report
Statistics for the 2024 Europe Silage Additives market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Silage Additives analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
