Silage Inoculants & Enzymes Market by Type (Homofermentative & Heterofermentative), Species (Lactobacillus, Pediococcus & Enterococcus), Enzymes (Fibre-digesting & Starch-digesting), Crop-type, & by Geography – Global Trends and Forecast to 2020

“Silage inoculants are a type of additives which contain anaerobic lactic acid bacteria (LAB) used to increase the fermentation rate in silage. The inoculants help in preserving more nutrients and dry matter, thereby improving animal performance. Some inoculants have also been designed to specifically improve the aerobic stability. The silage inoculants are added at a high rate to compete against the harmful organisms and control the ensiling process.
Key industry players invest extensively in R&D initiatives to expand their product portfolios. Continuous investments in new product development, product modifications, expansions, and acquisitions have expanded the scope of the industry. The addition of inoculants and enzymes in silage add various health benefits to it, which helps in increasing the productivity of the animal feed. The inclusion of inoculants and enzymes help in lowering the pH value, which is helpful in keeping the livestock digestive system healthy, especially with regard to cattle.
North America holds the largest share of the global silage inoculants & enzymes market. In the forthcoming years, the market is projected to grow fastest in North American region making it the fastest revenue-generating pocket.
Silage demand has increased significantly in most parts of the world. The increasing feed grains and compound feed prices is one of the major reasons for the growth of the silage market, which in turn has fueled the silage and inoculants and enzymes demand.
The global market is marked with intense competition due to the presence of a large number of big and small firms. New product developments, partnerships and expansions are the key strategies adopted by market players to ensure growth in the market. The market is dominated by players such as ADDCON GROUP GmbH (Germany), E. I. du Pont de Nemours and Company (U.S.), Archer Daniels Midland Company (U.S.), Kemin Industries (U.S.), and Chr. Hansen A/S (Denmark). In this report, the global silage inoculants & enzymes market is segmented into type, species, enzyme, crop-type, and geography. The global silage inoculants & enzymes market was valued at $ 387.08 million in 2014 and is projected to grow at a CAGR of 4.0% from 2015 to 2020.
”

“TABLE OF CONTENTS

1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 17
1.3 MARKET SCOPE 18
1.3.1 MARKETS COVERED 18
1.3.2 YEARS CONSIDERED FOR THE STUDY 19
1.4 CURRENCY CONSIDERED FOR THE STUDY 19
1.5 LIMITATIONS 19
1.6 STAKEHOLDERS 20
2 RESEARCH METHODOLOGY 21
2.1 RESEARCH DATA 21
2.1.1 SECONDARY DATA 22
2.1.1.1 Key Data From Secondary Sources 22
2.1.2 PRIMARY DATA 23
2.1.2.1 Key Data From Primary Sources 23
2.1.2.2 Key Industry Insights 24
2.1.2.3 Breakdown of Primary Interviews 24
2.2 FACTOR ANALYSIS 25
2.2.1 INTRODUCTION 25
2.2.2 DEMAND-SIDE ANALYSIS 25
2.2.2.1 Ruminants Population & Increasing Demand for Milk & Meat Products 25
2.2.3 SUPPLY-SIDE ANALYSIS 27
2.2.3.1 Parent Market Analysis: Animal Feed Market Growth 28
2.2.3.2 Rising Cost of Natural Feed Products 28
2.3 MARKET SIZE ESTIMATION 29
2.3.1 BOTTOM-UP APPROACH 30
2.3.2 TOP-DOWN APPROACH 31
2.4 MARKET BREAKDOWN & DATA TRIANGULATION 32
2.5 RESEARCH ASSUMPTIONS & LIMITATIONS 33
2.5.1 ASSUMPTIONS 33
2.5.2 LIMITATIONS 33
3 EXECUTIVE SUMMARY 34
 
4 PREMIUM INSIGHTS 39
4.1 ATTRACTIVE OPPORTUNITIES IN SILAGE INOCULANTS AND ENZYMES MARKET 39
4.2 SILAGE INOCULANTS AND ENZYMES MARKET, BY CROP TYPE 40
4.3 SILAGE ENZYMES MARKET, BY TYPE 41
4.4 NORTH AMERICA SILAGE INOCULANTS & ENZYMES MARKET 42
4.5 SILAGE INOCULANTS AND ENZYMES MARKET, BY SPECIES 43
4.6 SILAGE INOCULANTS & ENZYMES: MARKET SHARES OF TOP COUNTRIES 2014 44
4.7 LIFECYCLE ANALYSIS: NORTH AMERICA & EUROPE NORTH AMERICA ARE BEST MARKETS FOR INVESTMENTS 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 47
5.2 EVOLUTION 47
5.3 MARKET SEGMENTATION 49
5.3.1 BY INOCULANTS TYPE 49
5.3.2 BY SPECIES 50
5.3.3 BY ENZYMES TYPE 50
5.3.4 BY CROP TYPE 51
5.4 MARKET DYNAMICS 52
5.4.1 DRIVERS 53
5.4.1.1 Increasing Feed Grain and Compound Feed Prices 53
5.4.1.2 Rising Livestock Number and Decreasing Pasture Land Area 55
5.4.1.3 Silage Increases Livestock Production 56
5.4.1.4 Increasing Demand for Animal Products 58
5.4.1.5 Growing Dairy Industry 58
5.4.1.6 Increasing Meat Consumption 59
6 INDUSTRY TRENDS 60
6.1 INTRODUCTION 60
6.2 VALUE CHAIN ANALYSIS 61
6.3 SUPPLY CHAIN ANALYSIS 63
6.3.1 PROMINENT COMPANIES: 63
6.3.2 SMALL & MEDIUM ENTERPRISES: 64
6.3.3 END USERS (MANUFACTURERS/CONSUMERS): 64
6.3.4 KEY INFLUENCERS 64
6.4 INDUSTRY INSIGHTS 64
6.4.1 LACTOBACILLUS SPECIES SEGMENT DOMINATED THE SILAGE INOCULANTS MARKET IN 2014 64
6.4.2 LACTOBACILLUS SPECIES: PROJECTED TO BE THE FASTEST-GROWING SEGMENT IN THE SILAGE INOCULANTS MARKET 66
 
6.5 PORTER’S FIVE FORCES ANALYSIS 67
6.5.1 INTENSITY OF COMPETITIVE RIVALRY 67
6.5.2 BARGAINING POWER OF BUYERS 68
6.5.3 BARGAINING POWER OF SUPPLIERS 69
6.5.4 THREAT OF NEW ENTRANTS 69
6.5.5 THREAT OF SUBSTITUTES 70
6.6 STRATEGIC BENCHMARKING 70
6.6.1 EXPANSION & PRODUCT PORTFOLIO ENHANCEMENT 70
6.6.2 EXPANDING BUSINESS BY INVESTMENTS, AGREEMENTS,ACQUISITIONS, COLLABORATIONS, AND PARTNERSHIPS 72
7 SILAGE INOCULANTS MARKET, BY TYPE 73
7.1 INTRODUCTION 74
7.2 HOMOFERMENTATIVE 75
7.3 HETEROFERMENTATIVE 77
8 SILAGE INOCULANTS MARKET, BY SPECIES 78
8.1 INTRODUCTION 79
8.2 SILAGE INOCULANTS MARKET, BY SPECIES, 2013-2020 79
8.3 LACTOBACILLUS SPECIES 81
8.4 PEDIOCOCCUS SPECIES 82
8.5 ENTEROCOCCUS SPECIES 83
9 SILAGE ENZYMES MARKET, BY TYPE 84
9.1 INTRODUCTION 85
9.2 SILAGE ENZYMES MARKET, BY TYPE, 2013-2020 85
9.3 FIBER-DIGESTING 86
9.4 STARCH-DIGESTING 87
10 SILAGE INOCULANTS & ENZYMES MARKET, BY CROP TYPE 89
10.1 INTRODUCTION 90
10.2 CORN 91
10.3 SORGHUM 94
10.4 ALFALFA 96
10.5 CLOVER 98
10.6 OTHERS (CROP TYPE) 100
 
11 SILAGE INOCULANTS & ENZYMES MARKET, BY REGION 102
11.1 INTRODUCTION 103
11.2 NORTH AMERICA 104
11.2.1 U.S. 109
11.2.2 CANADA 111
11.2.3 MEXICO 111
11.3 EUROPE 112
11.3.1 GERMANY 118
11.3.2 FRANCE 118
11.3.3 RUSSIA 119
11.3.4 POLAND 120
11.3.5 ITALY 121
11.3.6 REST OF EUROPE 122
11.4 ASIA-PACIFIC 123
11.4.1 CHINA 127
11.4.2 INDIA 128
11.4.3 AUSTRALIA 128
11.4.4 JAPAN 129
11.4.5 REST OF ASIA-PACIFIC 130
11.5 LATIN AMERICA 130
11.5.1 BRAZIL 134
11.5.2 ARGENTINA 135
11.5.3 REST OF LATIN AMERICA 135
11.6 REST OF THE WORLD (ROW) 136
11.6.1 SOUTH AFRICA 138
11.6.2 OTHERS IN ROW 139
12 COMPETITIVE LANDSCAPE 140
12.1 OVERVIEW 140
12.2 SILAGE INOCULANTS & ENZYMES MARKET: MARKET SHARE ANALYSIS 141
12.3 COMPETITIVE SITUATION & TRENDS 142
12.3.1 EXPANSIONS 144
12.3.2 NEW PRODUCT LAUNCHES 145
12.3.3 COLLABORATIONS, PARTNERSHIPS, JOINT VENTURES & AGREEMENTS 146
12.3.4 ACQUISITIONS 147
12.3.5 INVESTMENTS, DIVESTMENTS & DISSOLUTIONS 147
 
13 COMPANY PROFILES 148
(Company at a Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*
13.1 INTRODUCTION 148
13.2 ARCHER DANIELS MIDLAND COMPANY 149
13.3 CHR. HANSEN A/S 153
13.4 E. I. DU PONT DE NEMOURS AND COMPANY 156
13.5 KEMIN INDUSTRIES 159
13.6 VOLAC INTERNATIONAL LTD. 162
13.7 ADDCON GROUP GMBH 165
13.8 AGRI-KING INC. 168
13.9 BIOMIN HOLDING GMBH 169
13.10 LALLEMAND INC. 171
13.11 SCHAUMANN BIOENERGY GMBH 173
*Details on company at a glance, recent financials, products & services, strategies & insights, & recent developments might not be captured in case of unlisted companies.
14 APPENDIX 175
14.1 INSIGHTS OF INDUSTRY EXPERTS 175
14.2 DISCUSSION GUIDE 176
14.3 MORE COMPANY DEVELOPMENTS 179
14.3.1 NEW PRODUCT LAUNCHES/DEVELOPMENTS 179
14.3.2 MERGERS & ACQUISITIONS 179
14.3.3 EXPANSIONS & INVESTMENTS 180
14.4 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 181
14.5 AVAILABLE CUSTOMIZATIONS 182
14.6 RELATED REPORTS 183
 
“
“LIST OF TABLES

TABLE 1 WORLD LIVESTOCK NUMBERS (MILLION HEAD) 56
TABLE 2 EFFECT OF INOCULANT ON SILAGE FERMENTATION, AEROBIC STABILITY, 
INTAKE GROWTH AND MILK PRODUCTION 57
TABLE 3 SILAGE INOCULANTS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION) 74
TABLE 4 HOMOFERMENTATIVE MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 76
TABLE 5 HETEROFERMENTATIVE MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 77
TABLE 6 SILAGE INOCULANTS MARKET SIZE, BY SPECIES, 2013-2020 ($MILLION) 79
TABLE 7 LACTOBACILLUS SPECIES MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 81
TABLE 8 PEDIOCOCCUS SPECIES MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 82
TABLE 9 ENTEROCOCCUS SPECIES MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 83
TABLE 10 SILAGE ENZYMES MARKET SIZE, BY TYPE, 2013-2020 ($MILLION) 85
TABLE 11 FIBER-DIGESTING MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 87
TABLE 12 STARCH-DIGESTING MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 88
TABLE 13 SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY CROP TYPE, 
2013-2020 ($MILLION) 91
TABLE 14 EVALUATION OF CORN SILAGE: TYPICAL CORN SILAGE NUTRIENT VALUES & CAUSES FOR VALUES OUTSIDE THE NORMAL RANGE 92
TABLE 15 CORN SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY REGION, 
2013-2020 ($MILLION) 93
TABLE 16 SORGHUM SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY REGION, 
2013-2020 ($MILLION) 96
TABLE 17 PERCENTAGE DRY MATTER LOSSES OF ALFALFA FROM FIELD TO FEEDING 97
TABLE 18 AVERAGE ALFALFA PROTEIN CONTENT 97
TABLE 19 ALFALFA SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY REGION, 
2013-2020 ($MILLION) 98
TABLE 20 CLOVER SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY REGION, 
2013-2020 ($MILLION) 99
TABLE 21 QUALITY OF SILAGE 100
TABLE 22 OTHER CROP SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY REGION, 
2013-2020 ($MILLION) 101
TABLE 23 SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY REGION, 2013-2020 ($MILLION) 104
TABLE 24 NORTH AMERICA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION) 106
TABLE 25 NORTH AMERICA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 106
TABLE 26 NORTH AMERICA: SILAGE INOCULANTS MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 107
TABLE 27 NORTH AMERICA: SILAGE INOCULANTS MARKET SIZE, BY SPECIES, 
2013-2020 ($MILLION) 107
TABLE 28 NORTH AMERICA: SILAGE ENZYMES MARKET SIZE, BY TYPE, 2013-2020 ($MILLION) 108
TABLE 29 NORTH AMERICA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY CROP TYPE, 2013-2020 ($MILLION) 108
TABLE 30 U.S.: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 110
TABLE 31 CANADA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 111
TABLE 32 MEXICO: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 112
TABLE 33 EUROPE: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY COUNTRY, 
2013-2020 ($MILLION) 115
TABLE 34 EUROPE: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 115
TABLE 35 EUROPE: SILAGE INOCULANTS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION) 116
TABLE 36 EUROPE: SILAGE INOCULANTS MARKET SIZE, BY SPECIES, 2013-2020 ($MILLION) 116
TABLE 37 EUROPE: SILAGE ENZYMES MARKET SIZE, BY TYPE, 2013-2020 ($MILLION) 117
TABLE 38 EUROPE: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY CROP TYPE, 
2013-2020 ($MILLION) 117
TABLE 39 GERMANY: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 118
TABLE 40 FRANCE: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 119
TABLE 41 RUSSIA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 119
TABLE 42 POLAND: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 120
TABLE 43 ITALY: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 121
TABLE 44 RUSSIA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 122
TABLE 45 ASIA-PACIFIC: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY COUNTRY, 
2013-2020 ($MILLION) 125
TABLE 46 ASIA-PACIFIC: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 125
TABLE 47 ASIA-PACIFIC: SILAGE INOCULANTS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION) 126
TABLE 48 ASIA-PACIFIC: SILAGE INOCULANTS MARKET SIZE, BY SPECIES, 
2013-2020 ($MILLION) 126
TABLE 49 ASIA-PACIFIC: SILAGE ENZYMES MARKET SIZE, BY TYPE, 2013-2020 ($MILLION) 126
TABLE 50 ASIA-PACIFIC: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY CROP TYPE, 
2013-2020 ($MILLION) 127
TABLE 51 CHINA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 128
TABLE 52 INDIA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 128
TABLE 53 AUSTRALIA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 129
TABLE 54 JAPAN: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 129
TABLE 55 REST OF ASIA-PACIFIC: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 2013-2020 ($MILLION) 130
TABLE 56 LATIN AMERICA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION) 131
TABLE 57 LATIN AMERICA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 131
TABLE 58 LATIN AMERICA: SILAGE INOCULANTS MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 132
TABLE 59 LATIN AMERICA: SILAGE INOCULANTS MARKET SIZE, BY SPECIES, 
2013-2020 ($MILLION) 132
TABLE 60 LATIN AMERICA: SILAGE ENZYMES MARKET SIZE, BY TYPE, 2013-2020 ($MILLION) 133
TABLE 61 LATIN AMERICA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY CROP TYPE, 2013-2020 ($MILLION) 133
TABLE 62 BRAZIL: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 134
TABLE 63 ARGENTINA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 135
TABLE 64 REST OF LATIN AMERICA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 2013-2020 ($MILLION) 135
TABLE 65 ROW: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY COUNTRY, 
2013-2020 ($MILLION) 136
TABLE 66 ROW: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 136
TABLE 67 ROW: SILAGE INOCULANTS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION) 137
TABLE 68 ROW: SILAGE INOCULANTS MARKET SIZE, BY SPECIES, 2013-2020 ($MILLION) 137
TABLE 69 ROW: SILAGE ENZYMES MARKET SIZE, BY TYPE, 2013-2020 ($MILLION) 137
TABLE 70 ROW: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY CROP TYPE, 
2013-2020 ($MILLION) 138
TABLE 71 SOUTH AFRICA: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 139
TABLE 72 OTHERS IN ROW: SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE, 
2013-2020 ($MILLION) 139
TABLE 73 EXPANSIONS, 2010–2015 144
TABLE 74 NEW PRODUCT LAUNCHES, 2010–2015 145
TABLE 75 COLLABORATIONS, PARTNERSHIPS, JOINT VENTURES & AGREEMENTS, 2010–2015 146
TABLE 76 ACQUISITIONS, 2010–2015 147
TABLE 77 INVESTMENTS, DIVESTMENTS, AND DISSOLUTIONS, 2010–2015 147
“
“LIST OF FIGURES

FIGURE 1 SILAGE INOCULANTS & ENZYMES MARKET SEGMENTATION 18
FIGURE 2 RESEARCH DESIGN 21
FIGURE 3 GLOBAL CATTLE POPULATION, 2000-2013, BILLION HEADS 26
FIGURE 4 PER CAPITA CONSUMPTION OF LIVESTOCK PRODUCTS 27
FIGURE 5 PRICE TREND FOR SOYBEAN & SOYBEAN MEAL, 2000-2013 ($/MT) 28
FIGURE 6 PRICE TREND FOR CHICKEN, SHEEP MEAT & BEEF, 2000-2013 ($/KG) 29
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 30
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 31
FIGURE 9 DATA TRIANGULATION 32
FIGURE 10 SILAGE INOCULANTS MARKET SIZE, BY TYPE, 2015 VS. 2020 ($MILLION) 34
FIGURE 11 SILAGE INOCULANTS MARKET SIZE, BY SPECIES, 2015 VS. 2020 ($MILLION) 35
FIGURE 12 SILAGE ENZYMES MARKET SIZE, BY TYPE, 2015 VS. 2020 ($MILLION) 36
FIGURE 13 SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY CROP TYPE, 
2015 VS. 2020 ($MILLION) 37
FIGURE 14 SILAGE INOCULANTS & ENZYMES MARKET TREND, BY REGION, 2014 38
FIGURE 15 ATTRACTIVE OPPORTUNITIES IN SILAGE INOCULANTS & ENZYMES MARKET 39
FIGURE 16 CORN IS PROJECTED TO BE THE LARGEST SEGMENT THROUGHOUT 
THE FORECAST PERIOD 40
FIGURE 17 FIBER-DIGESTING SEGMENT WOULD BE THE LARGEST AND FASTEST- GROWING MARKET DURING THE FORECAST PERIOD 41
FIGURE 18 CORN SEGMENT ACCOUNTED FOR LARGEST SHARE IN THE NORTH AMERICAN SILAGE INOCULANTS & ENZYMES MARKET, 2014 42
FIGURE 19 SILAGE INOCULANTS MARKET: NORTH AMERICA WILL CONTINUE TO DOMINATE 
ALL SPECIES SEGMENTS 43
FIGURE 20 U.S. DOMINATED THE GLOBAL SILAGE INOCULANTS & ENZYMES MARKET 44
FIGURE 21 NORTH AMERICA & EUROPEAN REGIONS TO PROVIDE IMMENSE OPPORTUNITIES FOR SILAGE INOCULANTS & ENZYMES MARKET GROWTH 45
FIGURE 22 EVOLUTION OF THE SILAGE INOCULANTS & ENZYMES MARKET 48
FIGURE 23 SILAGE INOCULANTS MARKET, BY TYPE 49
FIGURE 24 SILAGE INOCULANTS MARKET, BY SPECIES 50
FIGURE 25 SILAGE ENZYMES MARKET, BY TYPE 50
FIGURE 26 SILAGE INOCULANTS & ENZYMES MARKET, BY CROP TYPE 51
FIGURE 27 SILAGE INOCULANTS AND ENZYMES:DRIVERS, RESTRAINTS, OPPORTUNITIES 
AND CHALLENGES 52
FIGURE 28 FEED GRAIN PRICES, 2004 TO 2012 ($/MT) 54
FIGURE 29 DECREASING AREA OF GRAZING LAND, 2004 TO 2012 ($/MT) 55
FIGURE 30 ANNUAL PER CAPITA MILK CONSUMPTION, 2001 TO 2007 (KG) 58
FIGURE 31 ANNUAL AVERAGE POPULATION GROWTH RATE, 1980-2010 59
 
FIGURE 32 HETEROFERMENTATIVE SEGMENT PROJECTED TO BE THE FASEST-GROWING MARKET BETWEEN 2015 AND 2020 61
FIGURE 33 SILAGE INOCULANTS & ENZYMES: VALUE CHAN 62
FIGURE 34 SILAGE INOCULANTS & ENZYMES MARKET: SUPPLY CHAIN 63
FIGURE 35 LACTOBACILLUS SPECIES: ACCOUNTED FOR THE LARGEST IN THE SILAGE INOCULANTS MARKET, BY SPECIES, 2014 65
FIGURE 36 NORTH AMERICA IS THE LARGEST MARKET FOR LACTOBACILLUS SPECIES SEGMENT 66
FIGURE 37 PORTER’S FIVE FORCES ANALYSIS: SILAGE INOCULANTS & ENZYMES MARKET 67
FIGURE 38 STRATEGIC BENCHMARKING: ADDCON & DUPONT LARGELY ADOPTED ORGANIC GROWTH STRATEGIES FOR EXPANDING THE SILAGE INOCULANTS 
& ENZYMES MARKET 71
FIGURE 39 STRATEGIC BENCHMARKING: ADM, CHR.HANSEN & VOLAC ADOPTED INORGANIC GROWTH STRATEGIES FOR EXPANDING THE SILAGE INOCULANTS 
& ENZYMES MARKET 72
FIGURE 40 SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY TYPE ($MILLION): A SNAPSHOT 74
FIGURE 41 HOMOFERMENTATIVE MARKET GROWTH (2015-2020) 75
FIGURE 42 LACTOBACILLUS SPECIES: PROJECTED TO BE THE LARGEST AND THE FASTEST-GROWING MARKET BETWEEN 2015 AND 2020 80
FIGURE 43 SILAGE INOCULANTS MARKET, BY SPECIES: LACTOBACILLUS HAD 
THE MAXIMUM SHARE IN 2014 80
FIGURE 44 SILAGE ENZYMES MARKET, BY TYPE: MARKET SNAPSHOT 
2015 VS. 2020 ($MILLION) 86
FIGURE 45 SILAGE INOCULANTS & ENZYMES MARKET SIZE, BY CROP-TYPE ($MILLION): 
A SNAPSHOT 90
FIGURE 46 CORN MARKET GROWTH (2015-2020) 93
FIGURE 47 CORN USAGE BY DIFFERENT SEGMENTS IN 2012 94
FIGURE 48 PRODUCTION OF SORGHUM FOR SILAGE IN THE U.S., 2000-2014 (THOUSAND TONS) 95
FIGURE 49 GEOGRAPHIC SNAPSHOT (2014-2020): RAPIDLY GROWING MARKETS ARE EMERGING AS NEW HOT SPOTS 103
FIGURE 50 NORTH AMERICAN SILAGE INOCULANTS & ENZYMES MARKET: A SNAPSHOT 105
FIGURE 51 U.S. STATES BASED ON CORN PRODUCTION FOR SILAGE IN 
2013 & 2014 (THOUSAND TONS) 109
FIGURE 52 U.S. PROJECTED TO HAVE LARGEST SHARE IN GLOBAL SILAGE INOCULANTS 
& ENZYMES MARKET, 2015-2020 110
FIGURE 53 EUROPEAN SILAGE INOCULANTS & ENZYMES MARKET: A SNAPSHOT 113
FIGURE 54 EUROPEAN SILAGE INOCULANTS & ENZYMES MARKET SHARE, BY TYPE: 
A SNAPSHOT, 2014 114
FIGURE 55 CHINA: MARKET LEADER IN ASIA-PACIFIC REGION IN 2014 124
FIGURE 56 EXPANSIONS AND NEW PRODUCT LAUNCHES WERE PREFERRED BY KEY SILAGE INOCULANTS & ENZYMES COMPANIES IN THE LAST FIVE YEARS 140
FIGURE 57 SILAGE INOCULANTS & ENZYMES MARKET SHARE, BY KEY PLAYER, JANUARY 
2010 TO JUNE 2015 141
FIGURE 58 EXPANSIONS FUELED GROWTH & INNOVATION OF SILAGE INOCULANTS & ENZYMES BETWEEN 2010 TO 2015 142
FIGURE 59 EXPANSIONS & NEW PRODUCT LAUNCHES: THE KEY STRATEGIES, 2010-2015 143
FIGURE 60 GEOGRAPHIC REVENUE MIX OF TOP 5 MARKET PLAYERS 148
 
FIGURE 61 ARCHER DANIELS MIDLAND COMPANY: COMPANY SNAPSHOT 150
FIGURE 62 ARCHER DANIELS MIDLAND COMPANY(ADM): SWOT ANALYSIS 152
FIGURE 63 CHR. HANSEN A/S: COMPANY SNAPSHOT 153
FIGURE 64 CHR. HANSEN A/S: SWOT ANALYSIS 155
FIGURE 65 E. I. DU PONT DE NEMOURS AND COMPANY : COMPANY SNAPSHOT 156
FIGURE 66 E. I. DU PONT DE NEMOURS AND COMPANY : SWOT ANALYSIS 158
FIGURE 67 KEMIN INDUSTRIES: SWOT ANALYSIS 160
FIGURE 68 VOLAC INTERNATIONAL: SWOT ANALYSIS 164

“