Liquid feed meets the nutritional requirements of livestock owing to which the market is growing at an incremental pace of development on the global stage.
Liquid feed is a convenient and economical way of meeting nutritional requirements of livestock. These supplements are added to livestock food formulation which enhance the nutritional content. Liquid feed generally comprises of molasses, urea and other ingredients which helps in meeting the nutritional requirements in animal feed. It helps in improving the health of the animal and improve animal productivity. Growing demand for poultry and other livestock globally has accelerated the demand for liquid feed products. Furthermore, technological advancement in feed industry has also directly influenced the growth of liquid feed market. Key manufacturers have given a boost to research and development for manufacturing novel liquid feed products which is expected to spike the market growth rate significantly during the forecast period.
The commonly used liquid feed ingredients comprises of phosphoric acid, trace minerals, vitamins, urea, fats, and others. They help in improving animal health and reducing the livestock diseases which supports in quality of products derived from livestock. Growing livestock industry is driving the market for liquid feed. Furthermore, change in consumer’s dietary patterns and rising concern over animal health has augmented the demand for the product.
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Latest Industry Updates:
Jul 2015: Archer Daniels Midland Company and Quality Liquid Feeds, Inc. entered into an agreement to form a 50-50 joint venture for the production and sale of liquid feed supplements for livestock.
Jun 2012: ADM Alliance Nutrition entered into an agreement to acquire certain assets of Liquid Feed Commodities which engages in production and supply of liquid cattle feed supplements to producers in the Midwest.
Rapidly increasing population, growing demand for meat products, and change in dietary patterns of consumer across the global has directly impacted liquid feed market. In order to capitalize on the growing opportunity, the key manufacturers have started investing significantly in research and development of novel products. Emerging markets of Asia Pacific is an opportunistic market, therefore business expansion in the region could help manufacturing in enhancing their profitability.
The key players profiled in liquid feed report are Archer Daniels Midland (U.S.), Cargill Inc. (U.S.), Dallas Keith Ltd. (U.K), GrainCorp (Australia), Westway Feed Products (U.S.), Midwest Liquid Feeds. (U.S.), Agridyne LLC (U.S.), and Land O’ Lakes (U.S.) among many others.
The global Liquid Feed market has been divided into ingredients, livestock, and region.
On The Basis Of Ingredients: Molasses, Whey, Phosphoric Acid, Trace Minerals, Vitamins, Urea, Fats, and Others
On The Basis Of Livestock: Ruminants, Poultry, SLiquid Feed, Aquaculture, Pets, and Others
On The Basis Of Region: North America, Europe, Asia Pacific and ROW.
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The global liquid feed market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North America accounts for the largest market share in the liquid feed market followed by Asia Pacific. Rapidly rising population followed by growing demand for meat products in developing countries of Asia Pacific has spurred the liquid feed market. Additionally, China is experiencing a surge in meat consumption which has fuelled the demand for liquid feed in ruminant’s segment in this region. In North America, the U.S. is the leading market for liquid feed in this region due to rising demand for meat products. Furthermore, rising demand for poultry and sLiquid Feed products in Europe is expected to spike the liquid feed market. Additionally, South America is witnessing growth due to growth in demand of protein intake from sLiquid Feed and poultry applications.
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