Global Liquid Feed Market 2017 Outlook, Opportunities, Trends and Forecast by 2022

The global Liquid Feed market was worth USD XX million at the end of 2015. With increased industrial livestock production the market is forecasted to grow at the CAGR of 4.3% in value terms and 3.5% in volume terms during the forecast period of 2016-2021 and is expected to be worth over USD XX million by 2021. Liquid feed is a mixture of raw materials and supplements, sourced from either plants or animals and various industries as by-products, and fed to the livestock. Though liquid feed are used by the farmers since long time, over the period of two decades the industry has matured and innovative products exist in the market which is the result of industry-based research. The market of liquid feed emerged as it adds value to the overall nutrient intake of animals while helping in holistic growth of animals.

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The global liquid feed market is currently witnessing impressive growth due to an increasing scope of applications in the livestock industry. The end consumers of liquid feed are ruminants, pigs, poultry, fish, etc. Increasing investments in research and development and cost management, coupled with constant information flow regarding the nutrient requirements of animals are helping in popularizing the product usage all across the animal segments.

The major reason behind the growth of the market is increased rate of consumption of meat and meat products. Growth in adoption of intensive farming system in Asia-Pacific region is generating demand for liquid feed. Easy availability of raw materials is helping the manufacturers to maintain steady supply and increase production capacity. However rising costs of feed raw materials, which are used to manufacture molasses and additives, is restraining the growth of the market.

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The liquid feed market scenario is explained on the basis raw materials and ingredients used for the manufacturing of various liquid feeds. Major ingredients used are-molasses, corn steep water, whey, soluble, etc. Urea, fats, vitamins, trace minerals etc. are the essential supplements used in this case. Urea is the most widely used supplement in liquid feed and accounts for around 60% of the liquid feed supplement market share. Trace minerals and vitamins are estimated to witness the fastest growth rate as the manufacturers are focused on enhancing the quality of product. Ruminant segment is the major consumer of liquid feed and accounts for the 58% of the market share closely followed by poultry feed. Cattle feed is the largest consumer in ruminant feed industry and accounts for around 90% of the market share. Aquafeed industry is the potential market estimated to grow at the fastest CAGR of 4.2% during the period under study.

North America is the largest producer and consumer of liquid feed. U.S. is the major market in North America and holds more than half of the market share. European market is expected to grow at the CAGR of 3.9% as more numbers of farmer are getting aware about the benefits of liquid feed which are reduced labor and comparatively cheaper availability of nutrients. Asia-Pacific is forecasted to be the fastest growing region due to rising consumption of meat & dairy products and rise in adoption of intensive farming system. Australia and China are the biggest producers in the region. The growth in liquid feed equipment industry is expected to bring positive trend in Brazil and subsequently in South America.

The key players in the market are focused on new product development and setting up new plant to increase production capacity. Investment in production process is another strategy adopted by manufacturers to reduce cost of production and cater to the increasing demand. The major players in the market are Cargill Inc., Quality Liquid Feeds, and Archer Daniels Midland etc.

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