Value per head of cattle and calves in the U.S. from 2001 to 2019
| Label | North America | Europe | Asia-Pacific | Latin America | Middle East & Africa |
|---|---|---|---|---|---|
| 2019 | 334.4 USD Mn | 313.72 USD Mn | 1467.17 USD Mn | 113.42 USD Mn | 155.97 USD Mn |
| 2020 | 343.84 USD Mn | 323.27 USD Mn | 1530.31 USD Mn | 118.1 USD Mn | 160.9 USD Mn |
| 2021 | 354.36 USD Mn | 333.91 USD Mn | 1600.02 USD Mn | 123.28 USD Mn | 166.4 USD Mn |
| 2022 | 367.56 USD Mn | 347.13 USD Mn | 1683.84 USD Mn | 129.52 USD Mn | 173.19 USD Mn |
| 2023 | 384.48 USD Mn | 363.95 USD Mn | 1787.23 USD Mn | 137.25 USD Mn | 181.81 USD Mn |
| 2024 | 399.86 USD Mn | 379.41 USD Mn | 1886.2 USD Mn | 144.61 USD Mn | 189.76 USD Mn |
| 2025 | 419.62 USD Mn | 399.13 USD Mn | 2008.88 USD Mn | 153.77 USD Mn | 199.87 USD Mn |
| 2026 | 440.92 USD Mn | 420.44 USD Mn | 2142.52 USD Mn | 163.74 USD Mn | 210.8 USD Mn |
| 2027 | 465.91 USD Mn | 445.39 USD Mn | 2298.09 USD Mn | 175.35 USD Mn | 223.59 USD Mn |
| 2028 | 491.01 USD Mn | 470.62 USD Mn | 2458.73 USD Mn | 187.3 USD Mn | 236.55 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The Global Silage Market by Region, Value market is on a steady long-term growth path. Segment value stands at roughly USD 3378 Mn in 2026 and is projected to reach USD 3844 Mn by 2028 — a gain of about 14% over the forecast period, translating to a CAGR in the mid-single digits.
- Across all 5 series, Asia-Pacific sits on top as of 2028: 2. 46B USD, or 64% of everything shown here combined.
- What the regional split looks like (2026): Asia-Pacific leads, holding roughly 63% of segment value — the single largest regional share. North America is the second-largest contributor. Europe, Middle East & Africa and Latin America make up the remainder, in descending order.
- By 2028, Asia-Pacific alone is expected to reach USD 2459 Mn, with North America at USD 491 Mn.
Market Dynamics
Across all 5 series, Asia-Pacific sits on top as of 2028: 2.46B USD, or 64% of everything shown here combined.
Next is North America, at 491.01M USD — 80% behind Asia-Pacific.
Asia-Pacific: 1.47B USD to 2.46B USD, 68% higher by 2028.
North America grows to 491.01M USD by 2028, from 334.40M USD in 2019 — 47% up.
Europe climbs from 313.72M USD (2019) to 470.62M USD (2028), a 50% gain.
Middle East & Africa: up 52% over the period, 155.97M USD to 236.55M USD.
Latin America: 113.42M USD in 2019 to 187.30M USD by 2028, up 65%.
Add every series together and the total reaches 3.84B USD by 2028, 61% above the 2019 combined figure of 2.38B USD.
How To Compare These 5 Groups
There are 5 separate series stacked into this one chart. Look at relative size and relative movement, not just whichever line sits highest.
The largest series today is not guaranteed to stay largest — check the growth rate of each group, not just its current size, before projecting the ranking forward.
Treat these values as a directional estimate of the Global Silage market. They are most useful for comparing segments and regions against each other, and for spotting where demand is expected to build fastest.
Figures before the 2018 base year are historical estimates; the years through 2028 are projections built from industry data, company revenues, and primary interviews. Forecasts are revised as new data comes in, so check the full report for the latest assumptions.
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