Global Liquid Feed Supplements Market

Liquid Feed Supplements Market Size, Share, Growth Analysis, By Type(Protein, Minerals, Vitamins, Others), By Source(Molasses, Corn, Urea, Others), By Animal Type(Poultry, Ruminants, Swine, Aquaculture), By Region - Industry Forecast 2024-2031

Report ID: SQMIG30C2119 | Region: Global | Published Date: July, 2036
Pages: 260 | Tables: 94 | Figures: 76

Liquid Feed Supplements Market Insights

Liquid Feed Supplements Market size was valued at USD 5.81 billion in 2022 and is poised to grow from USD 6.10 billion in 2023 to USD 9.01 billion by 2031, growing at a CAGR of 5% in the forecast period (2024-2031).

The liquid feed supplements market is expected to rise as a result of rising knowledge about the quality and health of animal feed, the need for a solution to the problem of inadequate pasture, and an increase in R&D activities across the animal feed husbandry industry. The market for liquid feed supplements is projected to experience tremendous development potential as a result of the entry of international competitors. Economic affluence and changing eating patterns are predicted to drive the major players in the liquid feed supplement market to concentrate on underdeveloped regions. This in turn creates a market for liquid feed supplements with enormous growth potential, particularly in emerging economies.

US Liquid Feed Supplements Market is poised to grow at a sustainable CAGR for the next forecast year.

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Liquid Feed Supplements Market size was valued at USD 5.81 billion in 2022 and is poised to grow from USD 6.10 billion in 2023 to USD 9.01 billion by 2031, growing at a CAGR of 5% in the forecast period (2024-2031).

The market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions. 'Cargill Inc.', 'Archer Daniels Midland Company', 'Land O’Lakes Inc.', 'BASF SE', 'Alltech Inc.', 'Nutreco N.V.', 'Quality Liquid Feeds Inc.', 'Ridley Corporation Limited', 'Westway Feed Products LLC', 'Dallas Keith Ltd.', 'Midwest Liquid Feeds Inc.', 'Liquid Feeds International Ltd.', 'Country Junction Feeds', 'Agridyne LLC', 'Nutri Feeds Pty. Ltd.', 'Midwestern BioAg Inc.', 'Balchem Corporation', 'Wilbur-Ellis Company', 'Barentz Animal Nutrition', 'Nutra Blend LLC'

Liquid feeding provides various advantages, including the ability to be quickly digested and can be added to goods such as cereal and maize feed for ruminants. Furthermore, liquid feed additives are thought to improve ruminant nutrient value. For example, urea can be used as an indirect supply of protein in combination with nutrients such as molasses and other sugars, either alone or in combination with inert carriers. Furthermore, ruminants play a vital part in agricultural sustainability. With ruminants, land that is unsuitable for farming becomes more fruitful in nature. As a result, farmers are more concerned with ruminates' diets, where liquid feed supplements are provided to ruminants to improve their digestive health, immunity, and overall health.

The growing demand for high-quality meat and meat products from health-conscious customers has increased meat production, driving the worldwide liquid feed supplement industry. Because of benefits such as improved digestibility in animals, easier and flexible additive addition, and the possibility of fermentation, the demand for liquid feed supplements to aid in the production of high-quality meat is fast increasing. According to the OECD-FAO, agriculture total meat production in 2018 was 330.5 million metric tons. According to its most recent projection, meat production will reach 373 million metric tons by 2030 due to greater profitability, particularly in the initial years of the forecast period as meat prices bounce post-COVID-19.

Based on the region the liquid feed supplements market is categorized into North America, Europe, Asia-Pacific, South America, and MEA. The North America, region accounted for the largest market share and is expected to remain the leading consumer of Liquid Feed Supplements in the coming years. The heavy reliance on animal-based food products in dietary patterns in the countries such as the US and Canada is a major driving force. The increased consumption of meat can be ascribed to the regional market's rise. Increasing demand for high-quality meat and meat products as a result of rising canned and frozen food consumption is expected to drive market expansion. Furthermore, industry participants are using a variety of strategies that are expected to benefit the market in the future. Liquid Feeds International, for example, sources high-quality sugarcane molasses from Louisiana that is 84 BRIX cane molasses.

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Global Liquid Feed Supplements Market

Report ID: SQMIG30C2119

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