The size of the Middle East and Africa silage inoculant market is expected to be valued at USD 30.77 million in 2024 and USD 35.72 million by 2029, growing at a CAGR of 3.03% during the forecast period from 2024 to 2029.
Silage inoculants are microbial inoculants. They improve silage quality and control the preservation process of forage, ensuring maximum nutrient retention at the time of feeding. Silage inoculants are used in treating crops with sufficient water-soluble carbohydrates and moisture content. Fermentation of silage is a very uncontrollable process that leads to nutritional losses in the silage. Silage inoculant products are slowly gaining the attention of consumers as they are cost-effective solutions.
The growth of the Middle East and Africa Silage Inoculant market is majorly driven by factors such as the rise in meat consumption and the increase in mass production of meat.
Volatile economies and lack of awareness are the major hindrances for the market in this region.
Lactobacillus plantarum
The market has been geographically segmented into the Middle East and Africa and is projected to be one of the fastest-growing markets for Silage Inoculants. In terms of revenue, South Africa leads the market in this region. The market in this region has the lowest share due to the farming community's unawareness about the uses and benefits of Silage Inoculants.
Some of the major companies dominating this market are Cargill, ADM, Dupont, Volac, Nutreco, Lallemand, ForFarmers, and CHr.Hansen and others. Existing companies such as ADM and Nutreco have been actively involved in the acquisition of regional players to strengthen their market presence.
Frequently Asked Questions
The current size of the Middle East and Africa silage inoculant market is estimated at USD 22.63 million in 2023, reflecting steady growth and the region's increasing presence in the global market.
Israel is at the forefront of silage inoculant adoption in the Middle East, with a significant market share due to its advanced agricultural practices and modern farming techniques.
In South Africa, the silage inoculant market has experienced significant growth, driven by the expanding livestock sector, increasing awareness, and the adoption of improved silage preservation practices.
Israel is witnessing the adoption of advanced technologies, including precision application systems, offering farmers more efficient and precise methods for applying silage inoculants.
Some of the major companies dominating this market are Cargill, ADM, Dupont, Volac, Nutreco, Lallemand, ForFarmers, and CHr.Hansen and others.
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