The Europe Silage Inoculant Market was worth USD 121.11 million in 2021 and estimated to be growing at a CAGR of 4.20%, to reach USD 159.49 million by 2026. Silage Inoculants advance the animal performance and health; thereby enhancing the yield and quality of food from animal origin.
Fermentation of silage is a very uncontainable method which leads to nutritional losses in the silage. Silage inoculants products are gradually being noticed by users as it is a cost effective solution. This market is developing at a significant rate due to the increase in the livestock population.The growth of the Europe Silage Inoculant market is mainly due to the growth in the meat consumption and increasing population. With latest technologies that focus on improving the quality of the silage, there is a constantly increasing demand for them. Factors such as low efficiency of the silage inoculants and Complex regulatory bodies in the European Union are hindering the growth of this regional market.
Europe Silage Inoculant Market – By Type:
Lactobacillus plantarum
Among Inoculants, Lactobacillus plantarum has the major share of the market whereas, Lactobacillus bucherni is expected to grow the fastest due to higher efficiency.
Europe Silage Inoculant Market – By Application:
Geographical Analysis:
The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. European countries are leading the market with 41% of the global share. Spain, UK and France are the major markets within the region. Other emerging markets in the region are Sweden, Norway, Netherlands, Denmark and Greece.
Key Players:
Some of the major companies dominating this market are Cargill, ADM, Dupont, Volac, Nutreco, Lallemand, ForFarmers, CHr.Hansen and others.
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
6.1 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 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
