Asia-Pacific Silage Inoculant Market By Type (Lactobacillus Plantarum, Pediococcus Pentosaceus, Enterococcus Faecium, Lactobacillus Buchneri, Lactobacillus Brevis, Propionibacteria Freundenreichii, And Others), By Application (Cereal Crops, Pulse Crops, And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2018-2023

Asia-Pacific Silage Inoculant Market By Type (Lactobacillus Plantarum, Pediococcus Pentosaceus, Enterococcus Faecium, Lactobacillus Buchneri, Lactobacillus Brevis, Propionibacteria Freundenreichii, And Others), By Application (Cereal Crops, Pulse Crops, And Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2018-2023

ID: 571 | Pages: 138 | October 2018 | Region: Asia Pacific


The Asia-Pacific Silage Inoculant Market was worth USD 59.85 million in 2018 and estimated to be growing at a CAGR of 4.60%, to reach USD 74.94 million by 2023. Silage Inoculants improve silage quality and control the preservation process of forage ensuring maximum nutrients retention at the time of feeding. Silage improves the animal performance and health; subsequently improving the yield and quality of food from animal origin.

Silage Inoculants are used in treating crops with sufficient water soluble carbohydrates and moisture content. Fermentation of silage is a very uncontrollable process which leads to nutritional losses in the silage. Silage inoculants products are slowly gaining attention of consumers as it is a cost effective solution. The Silage Inoculant market is developing at a significant rate due to the increase in the livestock population.

The growth of the Asia-Pacific Silage Inoculant market is mainly driven by reasons such as the rise in the meat consumption, adoption of intensive farming system, and improvement in quality of silage. Increasing population in this part of the world is also supporting the growth of the Asia-Pacific meat market, ultimately increasing demand for the silage Inoculants. Volatile economies and lack of awareness are the major restrictive factors for the Asia-Pacific market.

The Asia-Pacific Silage Inoculant market is segmented based on type and application. On the basis of type, the global Silage Inoculant market is segmented into Lactobacillus plantarum, Pediococcus pentosaceus, Enterococcus faecium, Lactobacillus buchneri, Lactobacillus brevis, Propionibacteria freundenreichii, and others. On the basis of application, the market is segmented into Cereal crops, Pulse Crops, and others. Among Inoculants, Lactobacillus plantarum has the major share of 24% as they exhibit more efficiency in fermentation. However, Lactobacillus bucherni is expected to grow at the fastest CAGR because of higher efficiency. In the application segment, Cereal is the most widely applied crop with silage inoculants.

The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. This region offers substantial opportunities for the Silage Inoculant market, with China and India being the most populous countries in this region contributing to the increasing demand. China leads the market in this region. This region accounts for about 22% of the global market and is expected to be the most fastest growing market during the forecast period. Indonesia, Vietnam, and Malaysia, are some of the promising players in this market.

Some of the major companies dominating this market are Cargill, ADM, Dupont, Volac, Nutreco, Lallemand, ForFarmers, CHr.Hansen and others. Existing companies such as ADM and Nutreco have been actively involved in acquisition of regional players to strengthen their market presence. Key strategies such as investments in R&D are being employed by major companies to meet the growing Silage Inoculant demand.

1.Introduction                  

                1.1 Market Definition    

                1.2 Study Deliverables  

                1.3 Base Currency, Base Year and Forecast Periods           

                1.4 General Study Assumptions

2. Research Methodology                           

                2.1 Introduction              

                2.2 Research Phases      

                                2.2.1 Secondary Research

                                2.2.2 Primary Research

                                2.2.3 Econometric Modelling

                                2.2.4 Expert Validation

                2.3 Analysis Design         

                2.4 Study Timeline          

3. Overview                      

                3.1 Executive Summary

                3.2 Key Inferences         

                3.3 New Developments

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                      

                4.1 Market Drivers          

                4.2 Market Restraints    

                4.3 Key Challenges         

                4.4 Current Opportunities in the Market

5. Market Segmentation                              

                5.1 By Type        

                                5.1.1 Lactobacillus plantarum

                                5.1.2 Pediococcus pentosaceus

                                5.1.3 Enterococcus faecium

                                5.1.4 Lactobacillus buchneri

                                5.1.5 Lactobacillus brevis

                                5.1.6 Propionibacteria freundenreichii

                                5.1.7 Others

                5.2 By Application           

                                5.2.1 Cereal crops

                                5.2.2 Pulse Crops

                                5.2.3 Others

6. Geographical Analysis                              

                6.3 Asia-Pacific 

                                6.1 Introduction

                                6.2 China 

                                6.3 India 

                                6.4 Japan 

                                6.5 South Korea

                                6.6 Australia

7.Strategic Analysis                        

                7.1 PESTLE analysis         

                                7.1.1 Political

                                7.1.2 Economic

                                7.1.3 Social

                                7.1.4 Technological

                                7.1.5 Legal

                                7.1.6 Environmental

                7.2 Porter’s Five analysis              

                                7.2.1 Bargaining Power of Suppliers

                                7.2.2 Bargaining Power of Consumers

                                7.2.3 Threat of New Entrants

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry

8.Market Leaders' Analysis                          

                8.1 Cargill Inc.   

                                8.1.1 Overview

                                8.1.2 Product Analysis

                                8.1.3 Strategic Evaluation and Operations

                                8.1.4 Financial analysis

                                8.1.5 Legal issues

                                8.1.6 Recent Developments

                                8.1.7 SWOT analysis

                                8.1.8 Analyst View

                8.2 ADM             

                8.3 Dupont        

                8.4 Volac             

                8.5 Nutreco       

                8.6 Lallemand   

                8.7 ForFarmers

                8.8 CHr.Hansen

9.Competitive Landscape                            

                9.1 Market share analysis            

                9.2 Merger and Acquisition Analysis        

                9.3 Agreements, collaborations and Joint Ventures          

                9.4 New Product Launches          

10.Expert Opinions                         

                10.1 Market Outlook     

                10.2 Investment Opportunities 

Appendix                           

                a) List of Tables

                b) List of Figures              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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  1. Asia-Pacific Silage Inoculant Market By Region, From 2018-2023 (USD Million)
  2. Asia-Pacific Silage Inoculant Market By Type, From 2018-2023 (USD Million)
  3. Asia-Pacific Lactobacillus plantarum Market By Region, From 2018-2023 (USD Million)
  4. Asia-Pacific Pediococcus pentosaceus Market By Region, From 2018-2023 (USD Million)
  5. Asia-Pacific Enterococcus faecium Market By Region, From 2018-2023 (USD Million)
  6. Asia-Pacific Lactobacillus buchneri Market By Region, From 2018-2023 (USD Million)
  7. Asia-Pacific Lactobacillus brevis Market By Region, From 2018-2023 (USD Million)
  8. Asia-Pacific Propionibacteria freundenreichii Market By Region, From 2018-2023 (USD Million)
  9. Asia-Pacific Others Market By Region, From 2018-2023 (USD Million)
  10. Asia-Pacific Silage Inoculant Market By Application, From 2018-2023 (USD Million)
  11. Asia-Pacific Cereal crops Market By Region, From 2018-2023 (USD Million)
  12. Asia-Pacific Pulse Crops Market By Region, From 2018-2023 (USD Million)
  13. Asia-Pacific Others Market By Region, From 2018-2023 (USD Million)
  14. China Silage Inoculant Market By Type, From 2018-2023 (USD Million)
  15. China Silage Inoculant Market By Application, From 2018-2023 (USD Million)
  16. India Silage Inoculant Market By Type, From 2018-2023 (USD Million)
  17. India Silage Inoculant Market By Application, From 2018-2023 (USD Million)
  18. Japan Silage Inoculant Market By Type, From 2018-2023 (USD Million)
  19. Japan Silage Inoculant Market By Application, From 2018-2023 (USD Million)
  20. South Korea Silage Inoculant Market By Type, From 2018-2023 (USD Million)
  21. South Korea Silage Inoculant Market By Application, From 2018-2023 (USD Million)
  22. Australia Silage Inoculant Market By Type, From 2018-2023 (USD Million)
  23. Australia Silage Inoculant Market By Application, From 2018-2023 (USD Million)
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