Market Trends of North America Silage Additives Industry
This section covers the major market trends shaping the North America Silage Additives Market according to our research experts:
Increasing Demand for Standard Animal Meat
Production meat has been increasing in keeping with the high demand for animal protein in the region. The health-conscious American population created a demand for higher quality meat from the processing industries owing to increased safety concerns. Considerable growth in the industrial production of livestock was witnessed in the region in order to meet the increased demand for meat. These factors consequently created a demand for silage additive employment in the livestock feed, in turn boosting the market. Silage additives are used to enhance the good quality silage into the best quality silage. The market is expected to grow due to the pressure from the government to increase local production of meat and reduce costs incurred on meat imports.
Inoculants dominates the North America Silage Additives Market
Inoculants dominate the silage additive market in the region, followed by enzymes and together they account for a share of more than 65% of the market share, by type. A natural silage fermentation is brought about by lactic acid bacteria on the crop. Silage inoculants apply high numbers of specially selected lactic acid bacteria that dominate the natural lactic acid bacteria and bring about a faster, most efficient fermentation. Some inoculants have also been proven to bring about animal performance benefits. There are mainly two main types of silage inoculants, the traditional homofermentative types, such as Lactobacillus plantarum, the Pediococcus species, and Enterococcus faecium, and the more recently used heterofermentative bacteria, Lactobacillus buchneri. A third type, combining homofermenters with L. buchneri, is beginning to be marketed. Silage inoculant are in high demand in the region as they improve silage fermentation quality by locking in valuable silage nutrients to obtain more milk or meat from every ton fed. Thus, the growth trend of the market is likely to be positive during the forecast period.
