Market Research Future (Food and Beverages) Silage Additives Market Research Report- Forecast | 页面 3

Silage Additives Market Research Report- Forecast to 2023
2 Market Overview
Silage is a plant material, used as cattle feed, that has undergone fermentation .The primary goal of making silage
is to maximize the preservation of original nutrients in the forage crop for feeding the livestock later. Silage is also
one of the sources of biofuel. Silage additives are added to the forage to increase the nutritive value and improve
the hygiene of the silage. Silage being an animal feed, ensures improved quality in the meat processors and various
products derived from livestock. Also, increasing consumption of meat has stimulated the market of silage additives.
Moreover, it has created tremendous opportunities for innovative products in animal nutrition.
Silage additives are important for animal nutrition as they are means to improve silage quality and control the
preservation process, so that it can be used further for feeding livestock which is supporting the market growth.
Increased focus on enhancing feed utilization and improvising animal health are driving the growth of silage additives
market. Additionally, rising consumption of biofuels is driving the growth of silage additive market especially in the
developed countries. Moreover, increasing demand for meat consumption due to incessant rise in population,
changing lifestyle and cultural trends is boosting the market of silage additives. Industrialization of stock and animal
protein industry followed by growing requirement of animal protein is a key factor in the growth of silage additives
market.
Furthermore, involvement of government in promoting clean energy is a major driving force for the silage additive
market. Moreover, focus on R&D is bringing innovative products in animal nutrients. However, rising new entrants in
feed additive industry may constraint the growth of market.
Intended Audience:
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Biofuel manufacturers
Livestock industry
Agricultural feed manufacturers
Traders, importers, and exporters
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