Press release
Silage Additives Market Booming Worldwide With Leading Key Players - BASF SE, ADDCON, ADM, American Farm Products
The Global Silage Additives Market is expected to grow with a CAGR of 4.10% during the forecasting period 2024-2031.In the USA, 99.9% of chickens, 97% of laying hens, 99% of turkeys, 95% of pigs, and 78% of cattle are raised for meat, with cattle and poultry being the main focus of factory farming. The Food and Agriculture Organization reports significant growth in chicken and pork consumption from 2010 to 2013.
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Market Trends:
Rising demand for nutritious food is driving farmers to use silage additives in animal feed to boost productivity. Silage stabilizes and preserves forage by reducing oxygen and increasing acidity, ensuring better nutrient retention. Climate uncertainties impact silage growth, leading farmers to use additives like inoculants and chemicals to maintain its quality. As a key source of animal nutrition, silage additives are gaining popularity, fueling market growth.
Segment Covered in the Microplate Systems Market:
By Additives: Acids & Organic acid Salts, Adsorbents, Chemical Inhibitors, Enzymes, Inoculants, Others
By End-Users: Cereals, Legumes, Others
By Application: Ruminant, Swine, Poultry, Aquaculture, Others
Regional Analysis:
The global Silage Additives Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The global Silage Additives Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Silage Additives report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Major Key Players:
• BASF SE
• ADDCON
• ADM
• American Farm Products
• Brett Brothers
• Cargill Inc.
• CHR. Hansen Holdings
• Envirosystems
• ForFarmers
• KW Forage system
• Lallemand
• Nutreco
• Organic farmers
• Volac International Limited
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