Middle-East and Africa Silage Additives Market was worth $71.94 million in 2021 and estimated to be growing at a CAGR of 3.63%, to reach $81.07 million by 2026.
The growth of silage additives has generated great prospect for inventive products in animal diet. Increasing necessity for animal protein has exercised force on cattle farmers. The goal of silage preservation is to reduce oxygen and increase acidity rapidly so that lactic acid bacteria grow to stabilize and preserve the forage. Stimulants, such as bacterial inoculants, sugars, and enzymes, are intended to improve the growth of lactic acid bacteria and their acid production.
Middle-East and Africa Silage Additives Market Drivers:
The rise in the cost of commercial forage encouraged the farmers in the region to employ silage additives, in turn driving the market in the region. Modernizations in production methods to decrease the cost of production are added priority of the local manufacturers. The other alternatives like compound feed are impacting the market negatively.
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.
Geographically the market is segmented into Middle-East and Africa. The market in the Middle East is anticipated to grow at the highest rate while Africa holds the largest share of the market.
Some of the major market players offering silage additives are
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