Market Snapshot:
Liquid Milk replacer is a convenient way to feed infant animals for the first 6-8 weeks of their birth and are cost-effective as compared to normal milk. Livestock infant is fed by milk replacer for 1-2 weeks of their birth to protect them from diseases or certain deficiencies. The liquid milk replacer help infant animal to digest easily and consist of various types of vitamins, minerals and proteins. These liquid are sterile and highly palatable and ready to feed formula. The demand for Milk Replacer is growing with a rise in awareness of the products obtained by animals coupled with its enormous purchase and increasing consumption of the dairy product.
Segment Analysis
AMA Research have segmented the market of Global Liquid Milk Replacer market by Type, Application and Region. On the basis of Type, Medicated Liquid Milk Replacers are dominating the market in the year 2021
On the basis of geography, the market of Liquid Milk Replacer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2021.
Market Trend
Technological Advancements Adopted to Develop Liquid Milk Replacer
Market Drivers
Adoption of Precision Nutrition Techniques and Increasing Consumption of Dairy Products
Opportunities
Increasing Awareness of the Micro and Macro Nutrients, High Focus on R&D Has Led to Various New Innovative Products and Usage of Milk Replacers for Piglets, Foals, Lambs, and Kids
Restraints
- Logistical and Preservation Advantages Associated With Powdered Milk Replacers
In addition to the aforementioned factor, Adoption of Precision Nutrition Techniques
is expected to propel the growth of the market over the forecast period.
The key Vendors profiled in the study are Liprovit, BV (Netherlands), Calva products LLC (United States), PETAG Inc. (United States), Cargill (United States), Archer Daniels Midland Company (ADM) (United States), CHS Inc. (United States), Land O’Lakes Inc. (United States), Glanbia Plc (Ireland), Nutreco N.V. (Netherlands) and Lactalis Group (France). A lot of United States players are profiled in the research study indicating a strong market dependence.