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Liquid Feed Global Market Report 2024 by The Business Research Company | Agridyne LLC., Archer Daniels Midland Company, Bundaberg Molasses, Cargill Inc., Cattle-Lac Liquids Inc., Dallas Keith Ltd., Graincorp Limited, Liquid Feeds International, Performanc
Liquid Feed Market Trends And Strategies
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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Liquid Feed Market Major Segments
The liquid feed market covered in this report is segmented -
1) By Product: Protein, Minerals, Vitamins, Enzymes, Other Products
2) By Source: Prills, Granules, Corn, Urea, Wheat Barn, Other Sources
3) By Livestock: Ruminants, Poultry, Swine, Aquaculture, Other Livestocks
Key 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.
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Prominent 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.
Liquid Feed Market Players
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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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the liquid feed market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the liquid feed market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Liquid Feed Market Report Structure
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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