Press release
Liquid Feed Market Explores Growth Drivers in Livestock Nutrition Industry with Insights into Feed Formulations and Market Dynamics
Liquid Feed Market
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.
Market Overview -
The liquid feed are used to condition rations, improve palatability, reduce dustiness, and provide nutrients to livestock. Liquid feeding refers to mixing and distributing livestock-friendly feed in liquid form. Liquid feeding will involve the use of a diet prepared either from a mixture of liquid food industry by-products and conventional dry materials or from dry raw materials mixed with water.
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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
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.
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Key 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 highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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