Press release
Liquid Feed Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023
Liquid Feed Market
The rise in consumption of meat, poultry and dairy products, growing concern an outbreak of animal diseases are witnessed to fuel liquid feed market globally. Furthermore, growing domestic and international quick-service restaurants in developing countries and demand for high-quality meat products by consumers are the factors bolstering liquid feed market. Moreover, growing appetite for high-protein diets has positive influence on liquid feed market. However, the rise in the cost of raw materials and concerns about product viability are expected to hamper the growth of the liquid feed market.
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The Global Liquid Feed Market is classified on the basis of ingredients, livestock and geographical regions.
Based on ingredients, it is segmented as
• Corn Steep Water Molasses
• Whey
• Supplements
• Others
Based on livestock, it is segmented as
• Ruminant
• Aquaculture
• Poultry
• Swine
• Others
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Liquid feed market is expected to expand at robust growth rate due to demand for external nutrients required for animal growth. Many government and non-government organizations are supporting industry. Liquid feed market witnessed to offer healthy growth opportunities owing to growth strategies adopted by key players such as acquisitions, mergers investments, and expansions, which enables enhance the product portfolio and reaching out to new markets. Companies are inclining towards liquid systems in order to utilize the liquid by-products. Growing scope of applications in the aquaculture industry is vital driving factor for growth of global liquid feed market.
Geographically Global Liquid Feed Market is segmented as Latin America, North America, Asia-Pacific, The Middle East & Africa and Europe. Europe is the largest market in liquid feed market owing to increase in adoption of intensive agriculture systems, high consumption of pork and beef. North America is one of the largest market for the liquid feed market as the U.S. is the largest producer of liquid feed globally. Asia-Pacific is anticipated to show a significant growth rate due to surge in demand for meat and meat products, increase in economic development, growing population of livestock.
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Some of the players in global liquid feed market are Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Land O’Lakes Inc. (U.S.), GrainCorp Ltd. (Australia). BASF SE (Germany), Evonik Industries AG, Novozymes (DENMARK), DSM (NETHERLANDS), Dupont (U.S), Nutreco (Netherlands).
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