Leading market players are making substantial investments in research and development to diversify and expand their product offerings, driving further growth in the industry. These key players are actively undertaking strategic market developments initiative to expand their reach, focusing on introducing new product lines, forming contractual agreements, engaging in mergers and acquisitions, and fostering collaborations with other organizations. The liquid feed industry must offer cost-effective products to meet the needs of livestock farmers efficiently to stay competitive in the growing market landscape.
Producing locally to lower operational costs is one of the key business tactics manufacturers use in the liquid feed industry to benefit clients and increase the market sector. In recent years, the liquid feed industry has offered some of the most significant advantages that address specific nutritional requirements and improve animal health and performance. Major players in the liquid feed market, including Agridyne LLC, Midwest Liquid Feeds, Dallas Keith Ltd, Westway Feed Products, Archer Daniels Midland, Cargill Inc, GrainCorp, and Land O’ Lakes, are attempting to increase market demand by heavily investing in R&D operations.
Archer Daniels Midland (ADM) manufactures, processes, transports, stores, and merchandises agricultural products, commodities, and ingredients. The company manufactures food & beverage ingredients and various goods from oilseeds, corn, wheat, and other agricultural commodities. ADM's product portfolio includes natural flavors & colors, health & nutrition products, vegetable oil, corn sweeteners, flour, and animal feed. It has activities in the Americas, Europe, the Middle East, Africa, and Asia-Pacific. ADM's headquarters are in Chicago, Illinois, in the United States. Archer Daniels Midland (ADM) Company announced plans in December 2020 to phase out dry lysine production in the first half of 2021.
ADM Animal Nutrition specializes in l-lysine liquid 50% and encapsulated lysine solutions. Throughout 2020, ADM worked extensively with swine and poultry feed companies to shift to liquid lysine.
Cargill Inc is a major player in the liquid feed sector, well-known for its wide agribusiness presence. The company, founded in 1865, has become one of the world's largest privately held corporations, operating in various sectors such as agriculture, food production, trading, and financial services. Cargill's expertise in liquid feed solutions places them at the forefront of the livestock nutrition industry. Cargill's liquid feed solutions are designed to meet specific nutritional needs at various stages of animal growth. In October 2021, Cargill and BASF SE expanded their partnership in the animal nutrition business.
The companies added their R&D capabilities to enhance their market positions in Brazil and the Middle East & Africa Region.