This growth has shaped great opportunity and command for inventive products in animal diet. Focus to improve feed consumption and to advance the health in the animals is an additional factor for expansion in silage additives market. Increase in requirement for animal protein in the region has exerted force on livestock farmers.
Corn is a significant silage crop. Inoculants have developed into the most frequently used additives. The policy from European government to decrease imports of meat & raise in house making and financial assistance to stock farmers is expected to enhance the livestock industry. Bacterial inoculants have inbuilt advantages over other additives, including low down cost, security in handling, a low use rate, and no environmental problems. The Asia-Pacific region is planned to develop at the maximum rate during the forecast period.
The key players in the market include, Novozymes A/S, ADM, Evonik Industries AG, Volac International Limited, BASF, Schaumann BioEnergy GmbH, Cargill Inc., ForFarmers, ADDCON and Lallemand.
Additive types of Silage Additives Covered:
o New Zealand
o Rest of Asia
o Middle East
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