MRO Magazine

South America Silage Additives Market – Growth, Trends & Forecasts (2015-2020) – Brazil is Major Market for Silage Additives – Research and Markets


January 20, 2016
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/f3hkhd/south_america) has announced the addition of the “South America Silage Additives Market – Growth, Trends and Forecasts (2015-2020)” report to their offering.

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 comparatively 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.

Companies Mentioned:

  • BASF SE
  • Lallemand
  • BrettBrothers
  • ADM
  • ForFarmers
  • Nutreco
  • American Farm Products
  • KW Forage system
  • Volac International Limited
  • Carrs Billington
  • Pearce Group of Companies
  • Mole Valley Farmers Ltd.
  • Organic farmers
  • Envirosystems
  • Wynnstay group
  • Scotmin
  • CHR. Hansen Holdings
  • ADDCON
  • Cargill Inc.
  • Biomin

Key Topics Covered:

1. Introduction

2. Key Findings of the Study

3. Market Overview

4. Market Segmentation

5. Competitive Landscape

6. Company Profiles

For more information visit http://www.researchandmarkets.com/research/f3hkhd/south_america

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Agriculture, Animal Feedstuffs