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Latin America Silage Additives Market Report

Latin America Silage Additives Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023
Latin America Silage Additives Market
Latin America Silage Additives Market
PR-Inside.com: 2018-03-13 11:52:54
Latin America Silage Additives Market: By Product Type (Organic acids, Enzymes, Sugars, Inoculants, Others), By Silage Crop (Alfalfa, Oats, Rye, Barley, Corn, Sorghum, Others), By Formulation (Dry, Liquid), By Application (Inhibition, Stimulation, Moisture Absorption, Others), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

Market Dynamics: Latin America Silage Additives Market


Silage refers to the storage of grass or green fodder in airtight conditions in silos. Silage additives are used to preserve the silage by reducing the oxygen and enhance the acidity leads to growth in lactic acid bacteria that helps in preserve and stabilize the forage. Most commonly used silage additives include stimulants and inhibitors. Increase in the demand for healthy meat products, rise in awareness about the silage additives in emerging countries such as Brazil, and economic growth are anticipated to fuel the silage additives market. However, stringent regulations for the silage additives usage, lack of awareness about silage additives in livestock farmers, and high cost of products may restrain the growth of Latin America silage additives market.

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Market Scope: Latin America Silage Additives Market

Latin America silage additives market is segmented on the basis of product type, silage crop, formulation, application, and region

Based on the product type, the market is segmented into the following:

• Organic acids

• Enzymes

• Sugars

• Inoculants

• Others

Based on the silage crop type, the market is segmented into the following:

• Alfalfa

• Oats

• Rye

• Barley

• Corn

• Sorghum

• Others

Based on the formulation, the market is segmented into the following:

• Dry

• Liquid

Based on the application, the market is segmented into the following:

• Inhibition

• Stimulation

• Moisture Absorption

• Others

Based on the country, the market is segmented into the following:

• Brazil, Mexico, Argentina, Venezuela, Rest of Latin America

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Regional Analysis: Silage Additives Market

Geographically, Latin America silage additives market is segmented into Brazil, Mexico, Argentina, Venezuela, and Rest of Latin America. Brazil silage additives market growth attributed to rise in demand for healthy meat, increase in the livestock farms, and adoption of newer products. Mexico silage additives market growth attributed to rise in population demanding of healthy meat, increase in the agriculture produce, and rise in demand for animal protein are propel the market.

Competition Assessment: Latin America Silage Additives Market

Some of the players in the Latin America silage additives market include:

• BASF SE (Germany)

• DuPont, Pioneer (DuPont) (U.S.)

• Lallemand, Inc. (U.S.)

• Schaumann BioEnergyGmbH (Germany)

• Hansen A/S (Denmark)

• Nutreco N.V. (Netherlands)

• BioZyme, Inc. (U.S.)

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