Global Biological Silage Additives Market Size is Expected to Grow to $926.15 Million by 2029

Global Biological Silage Additives Market Overview

According to Global Market Monitor, the global biological silage additives market size will reach $617.25 million in 2024 and is expected to grow to $926.15 million by 2029.

Biological silage additives can improve the fermentation of silage by dominating the microbial population of the forage. This helps to lower the pH of the silage quickly, ensuring better retention of true protein and a more palatable feed with higher intake potential than untreated silage.

Mature Technology and Increased Demand

Forage silage technology in Europe and the United States and other countries has more than 150 years of development history, despite this, the forage silage technology is still valued, new technology is constantly being researched and developed. In recent years, in particular, the quality of silage has been greatly improved by the adoption of new technologies. High-quality forage silage involves the comprehensive application of multidisciplinary knowledge in forage science, biochemistry, microbiology, materials science, forage processing technology, and mechanical manufacturing. Development in the Asia-Pacific and South America is constrained by technical and financial problems.

China Biological Silage Additives Market Status

As the largest economy in the Asia-Pacific region, China's dairy industry has shown a great development trend in recent years with the improvement of people's economic income and food consumption level. Stocks are still rising. Cows need about 20kg of fodder a day, accounting for more than 40 percent of their total intake. A cow needs 5-7 tons of silage every year, and the quality and quantity of silage directly affect milk production and other production performance. Therefore, silage additives are more than necessary in the silage manufacturing process, and the demand will become a rising trend.

In terms of raw materials, the state promotes the replacement of corn and soybean meal, and policies such as the newly released "Three-year Action Plan for the replacement of Feed Soybean Meal Reduction" in 2023 are guiding enterprises to reduce the use of soybean meal, and it is clearly proposed that the proportion of soybean meal consumption in feed will be reduced from 14.5% in 2022 to less than 13% by 2025. The substitution of corn and soybean meal is accelerating.

DuPont Pioneer is one of the major players operating in the Biological Silage Additives market, holding a share of 17.65% in 2023. DuPont Pioneer headquartered in Des Moines, Iowa, is the world’s leading developer and supplier of advanced plant genetics, providing high-quality seeds to farmers in more than 90 countries. DuPont Pioneer provides agronomic support and services to help increase farmer productivity and profitability and strives to develop sustainable agricultural systems for people everywhere.

Company Name	DuPont Pioneer
Website	www.pioneer.com
Established Time	1926
Plants Distribution	North America
Sales Region	Worldwide
Headquarters	USA