Liquid Milk Replacers Market Forecasts to 2028 – Global Analysis By Type (Medicated, Non-Medicated), Livestock (Calves, Piglets), Certification (Organic, Traditional), Application (Whey Based, Skim Based) and By Geography
According to Stratistics MRC, the Global Liquid Milk Replacers Market is accounted for $643.59 million in 2020 and is expected to reach $1,209.01 million by 2028 growing at a CAGR of 8.2% during the forecast period. Rising consumption of dairy products and adoption of precision nutrition techniques are the major factors propelling the market growth. However, logistical and preservation advantages associated with powdered milk replacers are hampering the market growth.
Liquid milk replacers for calves are nutritious concentrate mixes and contain nutrients such as protein, fats, vitamins, and minerals in the optimum required ratio to ensure optimal growth. Milk replacer is a formula that replaces the mother cow's milk and is an economical choice for feeding calves versus whole milk.
Based on the type, the medicated liquid milk replacers segment is estimated to have a lucrative growth due to it provides various health’s benefits and improves the performance of infant livestock. These milk replacers are mainly fed to infant livestock that has physical and nutritional deficiencies, weaknesses, or diseases; and require an enhanced nutritional diet.
By geography, North America is going to have a huge demand during the forecast period due to the increased implementation of precision nutrition techniques. Also, the rising use of milk products has equally driven the use of liquid milk replacers by livestock rearers in the rearing systems.
Some of the key players profiled in the Liquid Milk Replacers Market include Agritech, Archer Daniels Midland Company, Calva Products Inc, Cargill, Inc, CHS Inc., Glanbia, PLC, Lactalis Group, Land O'lakes Inc., Liprovit BV, Milk Specialties Company, Nukamel Productions B.V, Nutreco Holding N.V., Nutriad International NV, PetAg, Inc., and Vitalac SA.
Estimated Market Size in 2020:
USD 643.59 million
Compound Annual Growth Rate (CAGR) from 2020 to 2028:
Predicted 2028 Value:
USD 1,209.01 million
Tables, Graphs & Figures
Type, Livestock, Fortification, Distribution Channel, Certification, Application and Region
Core Drivers and Opportunities:
Restraining Factors & Market Threats:
• Medicated Liquid Milk Replacers
• Non-Medicated Liquid Milk Replacers
• Other Livestock’s
• Organic Acid
Distribution Channels Covered:
• Convenience Stores
• Online Retail
• Retail Stores
• Specialty Stores
• Whey Based
• Skim Based
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Liquid Milk Replacers Market is majorly driven by the growing consumption of dairy products and the adoption of precision nutrition techniques.
The medicated liquid milk replacers segment is growing at the highest CAGR due to it provides different health’s benefits and improves the performance of infant livestock.
Europe dominated with a significant market share due to the high consumption of liquid milk replacers.
The North American market is growing at the highest CAGR due to the increased implementation of precision nutrition techniques.
Key players in Liquid Milk Replacers Market include Agritech, Archer Daniels Midland Company, Calva Products Inc, Cargill, Inc, CHS Inc., Glanbia, PLC, Lactalis Group, Land O'lakes Inc., Liprovit BV, Milk Specialties Company, Nukamel Productions B.V, Nutreco Holding N.V., Nutriad International NV, PetAg, Inc., and Vitalac SA.
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