Press release
Global Liquid Milk Replacers Market Future Growth Analysis, Business Demand and Opportunities to 2027 | Liprovit, BV, Calva products LLC, PETAG Inc., Cargill, Archer Daniels Midland Company (ADM), CHS Inc
Global Liquid Milk Replacers Market research report delivers the scope of the market that can potentially influence the universal industry in upcoming years. DBMR team has firm expertise in making extensive reports that cover all the necessary details about market assessments such as major technological improvement in the industry. The overview of the market firmly concerning the industry-related assets like cost generation, production, possible enhancements, and development rate are also discussed in this business document. With the specialization in designing the best and most penetrating research of this Global Liquid Milk Replacers Market report, clients will surely outshine the competition.Market Analysis: Global Liquid Milk Replacers Market
Global liquid milk replacers market is expected to rise from its initial estimated value of USD 188.00 million in 2018 to an estimated value of USD 279.88 million by 2026, registering a CAGR of 5.10% during the forecast period of 2019-2026. This rise in market value can be attributed to the rising consumption of dairy products. Few of the major competitors currently working in the Liquid Milk Replacers Market are Liprovit, BV, Calva products LLC, PETAG Inc., Cargill, Archer Daniels Midland Company (ADM), CHS Inc., Land O'Lakes Inc., Glanbia Plc, Nutreco N.V., and Lactalis Group, among others
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Competitive Analysis: Global Liquid Milk Replacers Market
Global liquid milk replacers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of liquid milk replacers market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Market Definition: Global Liquid Milk Replacers Market
Milk Replacers are defined as the liquid nutrition having nutritional qualities comparable to mother's milk that is given to young animals and infants when mother's milk is not available. Milk replacers are made with four major components: protein, fat, lactose and ash.
Market Drivers:
Rising consumption of dairy products is expected to drive the market growth
Adoption of precision nutrition techniques is also expected to drive the market growth
Market Restraints:
Logistical and preservation advantages associated with powdered milk replacers is expected to restrain the market growth
Lack of awareness leading to distributional hindrances is also expected to restrain the market growth
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Segmentation: Global Liquid Milk Replacers Market
By Type
Medicated
Non-Medicated
By Livestock
Calves
Piglets
Kittens
Puppies
Foals
Kids
Lambs
Key Developments in the Market:
In January 2016, Cargill opened a new animal nutrition technology application center in Izmir, Turkey. This center demonstrates the performance of Provimi's calf milk replacers in the local environment to its customers.
In April 2016, Trouw Nutrition(Netherlands), a subsidiary of Nutreco, opened a new Calf & Beef Research Facility close to Boxmeer to meet the demand for milk replacers in animal nutrition applications.
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Key Insights in the report:
Competitive analysis of key competitors involved in the market
Complete analysis of Market Segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
Market Drivers and Restraints analysis along with the analysis of the market structure
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