Persistence Market Research
Silage Inoculants Market Introduction:
Silage inoculants is a bacterial solvent widely used for fermentation rate of silage in the farms. Silage is basically a type of animal feed made up of grass or other forage which contains 30-40% moisture. Silage inoculants contain bacterial population such as Lactobacillus plantarum, Pediococcus species, Lactobacillus buchneri and others. These bacteria present in inoculants flood the natural lactic acid by converting 6-carbon sugar into lactic acid. Increasing demand for preserving harvested forage crops and animal feed from spoilage is expected to drive the market.
Silage Inoculants Market Segmentation:
Silage inoculants market is segmented on the basis of product form, type, and distribution channels
On the basis of product form, silage inoculants market is segmented into wet and dry inoculants. Among both segments, wet segment hold major share and is expected to register a relatively high growth rate over the forecast period. Wet silage inoculants are more uniform, consume less time to ferment the silage, and are easier to store compare to dry inoculants, hence drives the silage inoculant market.
On the basis of product type, it is segmented into homo-fermenters and hetero-fermenters. Among both segments, homo fermenters account for major share and are expected to dominate the market over the forecast period. Homo-fermenters are those bacteria such as Lactobacillus plantarum which convert 6-carbon sugar into a single end product, lactic acid and hetero-fermenters are the bacteria such as Lactobacillus buchneri which convert 6-carbon sugar into lactic acid, acetic acid, and carbon dioxide.
On the basis of distribution channel, it is segmented into direct and indirect sales. The indirect sales segment is further sub-segmented into wholesalers and retailers. Among the various retail segments, increasing online sales are a major factor driving the market as online medium substantially reduces the distribution and marketing costs of small-scale producers.
Silage Inoculants Market Regional Outlook:
The silage inoculants market in North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan, and MEA is covered in the report.
Among all of these regions, North America accounts for major revenue share of global market, followed by Europe & Asia Pacific and is expected to register a moderate growth over the forecast period. Technology advancement in silage inoculants such as microbiological combination of both types of inoculants i.e. homo-fermenters and hetero-fermenters to improve fermentation rate and increasing awareness among farmers & growers are the factors that drive the global market.
Silage Inoculants Market Dynamics:
Environmental conditions for microbial activity such as temperature, moisture, and pH support the fermentation of silage and forage crops, changes in these condition can effect on nutritional value and palatability. Hence, production of lactic acid under these changing conditions is fulfilled by silage inoculants and is expected to fuel the market over the forecast period. Effectiveness of silage inoculant totally depend on the type of bacteria present in the inoculant and viability of bacterial in the inoculant. It is also depend upon the quantity of bacteria and method of application, hence manufacturers are focusing on producing better quality silage inoculants in order to generate high profitability. Increasing demand for crop production and animal feeds along with need for proper storage drives an increase in demand for silage inoculants in global market. One of the key restraints for silage inoculants market is lack of awareness among farmers and growers in selection of inoculants for crop fermentation.
Silage Inoculants Market Key Players:
Some of the key players participating the global Silage Inoculants market include ADDCON GROUP GmbH, ProbioFerm, Ltd., Lallemand Inc., Agri-King Inc., Volac International Limited, and Micron Bio-Systems Inc.
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