South America Silage Additives Market - Growth, Trends and Forecasts (2017 - 2022)
South America silage additive market recorded a revenue $53.8 million in 2015 and is expected to grow with an estimated CAGR of 3.7% during the next 5 years.
South America is an emerging market for silage additives. The demand for quality meat products is comparitively increasing in the region owing to increased awareness among the consumers with western influence. Rise in the cost of commercial forage encouraged the farmers in the region to employ silage additives, in turn driving the market in the region.
Brazil is a major market for silage additives in South America region. With its emerging economy and increased demand for quality meat products, a need for healthy livestock was witnessed in the region. Silage additives has gained importance in the region due to their lower costs and new innovative products suitable for specific situations. The demand for silage additives was further boosted by the growth in industrial production of livestock in Brazil.
In this report, Market is segmented by Type of additives, by application and by geographic regions. Market size and forecast are provided for each of these regions in the report. Silage Additives market has many global as well as regional players mainly in feed additives business and this market constitutes a minor share in terms of their product portfolio, sales and volume. The major players in the market include Biomin, Cargill, Lallemand, Chr.Hansen, Danisco etc.
Market Definition for the specified topic along with identification of key drivers and restraints for the market
Analysis for the South America Silage Additives Market, with region specific assessments and competition analysis on a global and regional scale
Segment-level analysis in terms of application and end-user demand
Forecasts and estimations for the sub-segment level market
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on a global and regional scale
Identification and analysis of the exogenous and endogenous factors such as macro and microeconomic variables that affect the South America Silage Additives Market on both global and regional scale
Extensively researched competitive landscape section with profiles of key players along with their share of markets
A comprehensive analysis of recent organic and inorganic developments in the market by the major companies, and strategic benchmarking of developments
Scope of the Study:
Comprehensive overview of the South America Silage Additives Market
Competitive intelligence regarding the major players in this industry and the strategies adopted by them
Insights about the major countries/regions in which this industry is blooming and also identifies the regions which are untapped