Chan Ye Xin Xi Wang·2025-09-16 01:25Core Insights - The development of the silage feed additive industry in China began in the early 1980s, lagging behind developed countries in Europe and America [1] - The industry has entered a rapid growth phase since the 21st century, driven by the increasing level of intensive farming and the maturation of the silage feed industrial system [1] - The market size of the silage feed additive industry in China was approximately 21.44 billion yuan in 2020, recovering from a decline due to African swine fever in 2019 [1] - In 2023, the market size experienced a year-on-year decline of 4.93% due to factors such as adjustments in pig production capacity and low breeding efficiency [1] - The industry is expected to stabilize in 2024, with a projected market size of around 31.55 billion yuan [1] Industry Overview - Silage feed additives are designed to inhibit the growth of harmful microorganisms, reduce nutrient loss, and ensure fermentation effectiveness [7] - The industry chain includes upstream raw materials, midstream product development and production, and downstream applications in livestock farming [7] - The main types of silage feed additives used in China include fermentation promoters, fermentation inhibitors, and nutritional additives [7] Market Trends - The silage feed additive industry is expected to focus on green development, emphasizing the use of natural plant extracts and probiotics to reduce chemical residues and environmental pollution [14] - Functional innovation will be a key trend, with a focus on developing multi-functional additives that improve fermentation quality and enhance animal health [15] - The industry will pursue higher efficiency and precision through technological upgrades, aiming for optimized application and reduced costs [16] Key Companies - Major companies in the silage feed additive industry include Xinghuo Technology, Ruipu Biological, Yidoli, Tiankang Biological, and New Hope [2] - Xinghuo Technology specializes in bio-fermentation and chemical synthesis, with a focus on food and feed additives [12] - Yidoli is a biotechnology company engaged in the research and production of biological enzymes and plant extracts for animal nutrition [13]