The size of the Middle East and African silage additives market is estimated to be worth USD 77.25 million in 2023 and is estimated to be growing at a CAGR of 3.63% and is anticipated to reach a valuation of USD 92.33 million by 2028.
The growth of silage additives has generated great prospects for inventive products in animal diets. The 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.
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. Modernization in production methods to decrease the cost of production is an added priority of local manufacturers.
The other alternatives like compound feed are impacting the market negatively.
This research report on the Middle Eastern and African silage additives market is segmented and sub-segmented into the following categories.
Middle-East and Africa Silage Additives Market – By Type:
Middle-East and Africa Silage Additives Market – By Application:
Middle-East and Africa Silage Additives Market – By Country:
Geographically, the market is segmented into the 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.
KEY MARKET PLAYERS:
BASF SE, ADDCON, Novozymes A/S, DSM N.V., Cargill Inc., Evonik Industries AG, Selko Feed Additives, Volac International Limited, Schaumann BioEnergy GmbH, CHR. Hansen Holdings A/S. Are some of the major key players involved in the Middle and Africa silage additives market.
Frequently Asked Questions
As of the latest data, the Middle East and Africa Silage Additives Market is valued at USD 77.25 billion in 2023.
Saudi Arabia, the United Arab Emirates, and Iran are the major contributors to the Silage Additives Market in the Middle East.
The Silage Additives Market in the Middle East is responding to the growing demand for camel feed by developing specialized additives that cater to the nutritional needs of camels.
The growth of the Silage Additives Market in South Africa is driven by the expanding livestock sector, a focus on improving forage quality, and the adoption of modern forage preservation techniques.
BASF SE, ADDCON, Novozymes A/S, DSM N.V., Cargill Inc., Evonik Industries AG, Selko Feed Additives, Volac International Limited, Schaumann BioEnergy GmbH, CHR. Hansen Holdings A/S.
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