Please Wait.....
Report
North America Silage Inoculant Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 110 Pages I Mordor Intelligence
The North American silage inoculant market is projected to record a CAGR of 4.8% during the forecast period (2022-2027).
In 2020, the COVID-19 outbreak disrupted the cattle and feed industries' supply chains and the entire feed input value chain, from raw material acquisition to processing, packaging, and distribution.
The demand for silage inoculants is linked to the demand for animal feed. North America is the major market for silage inoculants globally. The region holds around one-fourth of the total global market share. North America is the highest revenue-providing region with a huge market share of 25% and a high growth rate of 4.2%. The North American market is modern and highly regulated, especially in central parts of the region. Increasing government support for the feed industry may help the silage inoculants market grow sustainably.
North America Silage Inoculant Market Trends
Growth in Industrial Production of Livestock
The per capita consumption of red meat and livestock products like milk across the region has increased rapidly, as they are considered an important source of nutrition/protein by consumers in different countries. This growth has resulted in increased production of high-quality livestock products and high demand for livestock. In response to globalization and the increasing demand for animal-sourced food, the North American livestock sector witnessed a robust growth rate in the past couple of years. Industrial-scale livestock production makes optimum use of high-quality feed to improve efficiencies in the production process, improve feed conversion ratios, and enhance animal muscle mass and protein content. With the adoption of industrial-scale livestock production by several farmers, the application of silage inoculants in feed has been enhanced to maintain the quality of the livestock. This increasing application is supported by several product launches by international players.
The United States Dominates the Market
The United States is the major market for silage inoculants in the North American region, followed by Canada and Mexico. Silage making is traditionally practiced by the larger agricultural sector in the United States. Failed crops are converted into silage to overcome the production costs. Alfalfa, corn, and sorghum are the major silage crops harvested in the United States. There was considerable growth in the industrial production of livestock to meet the increased demand for meat in the region. Therefore, the need for improved animal performance with agricultural wastes boosted the silage inoculant market in the region.
North America Silage Inoculant Market Competitor Analysis
The North American silage inoculant market is highly concentrated, with few large players acquiring a major part of the market share. ADM Animal Nutrition, Cargill, Agri King, Chr. Hansen Holding AS, and Corteva Agriscience are the major companies with a significant presence in North America as well. Expansion, product launches, and partnerships are the major strategies adopted by the market players.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Degree of Competition
5 MARKET SEGMENTATION
5.1 Type
5.1.1 Homolactic Bacteria
5.1.1.1 Lactobacillus Plantarum
5.1.1.2 Pediococcus Pentosaceus
5.1.1.3 Enterococcus Faecium
5.1.1.4 Other Homolactic Bacteria
5.1.2 Heterolactic Bacteria
5.1.2.1 Lactobacillus Buchneri
5.1.2.2 Lactobacillus Brevis
5.1.2.3 Propionibacteria Freundenreichii
5.1.2.4 Other Heterolactic Bacteria
5.2 Application
5.2.1 Cereals
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
5.2.1.6 Other Applications
5.2.2 Pulses
5.2.2.1 Peas
5.2.2.2 Clover
5.2.2.3 Alfalfa
5.2.2.4 Other Pulses
5.2.3 Other Crops
5.2.3.1 Grasses
5.2.3.2 Canola
5.2.3.3 Other Crops
5.3 Geography
5.3.1 United States
5.3.2 Canada
5.3.3 Mexico
5.3.4 Rest of North America
6 COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Cargill Incorporated
6.3.2 ADM Animal Nutrition
6.3.3 AGRI KING
6.3.4 Chr. Hansen Holding AS
6.3.5 Corteva Agriscience
6.3.6 American Farm Products
6.3.7 Biomin
6.3.8 Kemin Industries Inc.
6.3.9 Vita Plus
6.3.10 Lallemand Animal Nutrition
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
8 AN ASSESSMENT OF THE IMPACT OF COVID-19 ON THE MARKET
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security