Europe Silage Additives Market was worth $158.24 million in 2021 and estimated to be growing at a CAGR of 3.5%, to reach $161.56 million by 2026. Europe market is expected to witness substantial growth in the coming years. The persistence of silage additives is to regulate the protection course so that by the time of nurturing it has reserved as many of the nutrients existing in the original fresh forage as possible. Nevertheless, the precise nutrient position of the silage will rely on various factors that can only be organized via management.
Europe Silage Additives Market Drivers:
The strategy from the European government to reduce imports of meat & increase in house making and financial support to stock farmers is predictable to give a boost to the livestock industry and a further increase in the silage additives market. Increase in the awareness of natural and organic fodders are likely to keep the market flooded. High cost of silage additives is hindering the growth of the market.
Inoculants
Ornamental Grass and Canola are other application types of silage additives. Inoculants have the major market share among the Silage Additives material type and is predicted to grow with the growing demand for silage additives in the livestock industry.
Geographical Analysis:
Geographically the market is segmented into
Spain, UK and France are major markets. Germany is anticipated to grow fastest in the forecast period.
Key Players:
Some of the main silage additives market players are BASF SE (Germany), ADDCON (Germany), Novozymes A/S (Denmark), DSM N.V. (The Netherlands), Cargill Inc., 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).
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
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 Inoculants
5.1.2 Acids and Organic acid salts
5.1.3 Enzymes
5.1.4 Adsorbents
5.1.5 Chemical Inhibitors
5.2 By Application
5.2.1 Cereal Crops
5.2.1.1 Corn
5.2.1.2 Barley
5.2.1.3 Oats
5.2.1.4 Wheat
5.2.1.5 Sorghum
5.2.2 Legumes
5.2.2.1 Peas
5.2.2.2 Fababbeans
5.2.2.3 Alfalfa
5.2.2.4 Clover
5.2.3 Other Applications
5.2.3.1 Ornamental Grass
5.2.3.2 Canola
6. Geographical Analysis
6.1 Introduction
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
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 BASF SE
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 ADDCON
8.3 Novozymes A/S
8.4 DSM N.V.
8.5 Cargill Inc.
8.6 Evonik Industries AG
8.7 Selko Feed Additives
8.8 Volac International Limited
8.9 Schaumann BioEnergy GmbH
8.10 CHR. Hansen Holdings A/S
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. Market Outlook & Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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