Report ID: UCMIG30C2051
Report ID:
UCMIG30C2051 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The Liquid Feed Market demonstrated robust performance in 2020, surpassing a valuation of USD 71.5 billion. With a projected compound annual growth rate (CAGR) of over 6% spanning until 2027, the market is poised for sustained expansion. The driving factors behind this growth include the forces of globalization and shifting food preferences, particularly concerning the consumption of meat and processed meat products. As dietary habits evolve, an increasing number of health-conscious consumers are adopting higher protein intake regimens, thereby stimulating greater consumption of meat-based products. This trend is expected to significantly contribute to the overall growth trajectory of the liquid feed industry during the forecast period.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Food Retail by segment aggregation, the contribution of the Food Retail in Food & Staples Retailing and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG30C2051