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Liquid Feed Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033 | Agridyne LLC., Archer Daniels Midland Company, Bundaberg Molasses, Cargill Inc., Cattle-Lac Liquids Inc
Liquid Feed Market Size
The Business Research Company offers in-depth market insights through Liquid Feed Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The liquid feed market size has grown steadily in recent years. It will grow from $3.86 billion in 2023 to $3.99 billion in 2024 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to increased demand for high-quality livestock and poultry products, convenience and ease of use in animal nutrition, rise in concerns for animal health and well-being, optimization of feed conversion ratios, availability of nutrient-dense liquid feed ingredients.
The liquid feed market size is expected to see steady growth in the next few years. It will grow to $4.52 billion in 2028 at a compound annual growth rate (CAGR) of 3.2%. The growth in the forecast period can be attributed to focus on precision livestock farming practices, adoption of sustainable and eco-friendly feeding solutions, expansion of aquaculture and specialty livestock segments, increasing investment in research and development, regulatory support for quality and safety standards. Major trends in the forecast period include customized liquid feed formulations for different species, use of functional additives for animal health, integration of probiotics and prebiotics in liquid feeds, fortification with essential vitamins and minerals, incorporation of by-products and co-products in liquid feeds, application of enzymes for improved digestibility.
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Market Segmentation:
The main types of products in liquid feed are protein, minerals, vitamins, enzymes, and others. The protein includes feeds of plant and animal origin with high protein content. The different sources include prills, granules, corn, urea, wheat barn, and others, and involve various livestock such as ruminants, poultry, swine, aquaculture, and others.
Major Driver - Rising Demand For Meat And Meat Products Fuels Liquid Feed Market
The rise in the demand for meat and meat products is expected to propel the growth of the liquid feed market going forward. Meat is the flesh of animals such as chickens, sheep, pigs, and cattle, and is eaten together with other food. Liquid feed is used to enhance the quality of meat. For instance, according to the Food and Agriculture Organization, an Italy-based specialized agency, global meat consumption is expected to reach 45.3 kg per capita by 2030. Therefore, the growing demand for meat and meat products will drive the growth of the liquid feed market.
Competitive Landscape:
Major companies operating in the liquid feed market include Agridyne LLC., Archer Daniels Midland Company, Bundaberg Molasses, Cargill Inc., Cattle-Lac Liquids Inc., Dallas Keith Ltd., Graincorp Limited, Liquid Feeds International, Performance Seeds LLC., Quality Liquid Feeds Inc., Westway Feed Products LLC., BASF SE, Alliance Liquid Feeds Inc, Land O'lakes Inc., Ridley Corporation, Masterfeeds LP, Alltech Inc., Sugar Corporation of Malawi Limited, Industrias Bachoco S.A.B. de C.V., Kent Nutrition Group Inc., Nutreco N.V., Midwest Liquid Feeds LLC., BEC Feed Solutions Pty Ltd, Agri-King Inc., NutriSource Inc., Provimi Animal Nutrition India Private Limited, Nutra Blend LLC., Kay Dee Feed Company, Innovad SA, Vitfoss A/S
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Top Trend - Embracing Innovation Revolutionizing The Liquid Feed Market
Product innovations have emerged as a key trend gaining popularity in the liquid feed market. Major companies operating in the liquid feed sector are focused on developing innovative products to strengthen their position. For instance, in December 2021, BASF, a Germany-based chemicals company, launched Natupulse TS, an innovative feed enzyme for animal feed that is available in powder and liquid form. This product includes ß-mannanase, which ensures sustainable production by increasing the digestibility of the feed and is cost-effective. This product has shown a positive effect in feed trials, ensuring nutrient digestibility.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Liquid Feed Market Characteristics
3. Liquid Feed Market Trends And Strategies
4. Liquid Feed Market - Macro Economic Scenario
5. Liquid Feed Market Size And Growth
…..
27. Liquid Feed Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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