Liquid Milk Replacers Market Research Report - Forecast till 2027

Liquid Milk Replacers Market Research Report: Information by Type (Medicated and Non-Medicated), Livestock (Calves, Piglets, Lambs, and Others), and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2027

ID: MRFR/AGR/6351-HCR | February 2023 | Region: Global | 90 Pages         

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Liquid Milk Replacers Market

Liquid Milk Replacers Market Size is anticipated to reach USD 309.21 Million by 2030, registering a CAGR of 5.15% during 2022-2030

Segmentation
By Type Medicated Non-Medicated
By Livestock Calves Piglets Lambs Others
Key Players
Companies Profiled   Lactalis American Group Inc    Nutreco Holding N.V.    PetAg Inc.    LAND O'LAKES INC.    Hi-Pro Feeds LP    Southern Fuel & Farm Supplies Ltd    Calva Products LLC CHS Inc.    Cargill Incorporated    Archer Daniels Midland Company
Drivers
Market Driving Forces   High demand for livestock products
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Market Scenario


Liquid milk replacers are substitutes for mother’s milk generally fed to orphan infant livestock and undernourished infant or adult livestock. The market is expected to register a notable growth rate during the forecast period owing to certain determinants such as the surging demand for livestock products and the adoption of precision nutrition by livestock growers and dairy farms. The rising demand for livestock products such as meat, milk, cheese, butter, and veal is propelling farmers to focus on the health of their livestock, which is expected to fuel the demand for liquid milk replacers.


Liquid milk replacers have a low shelf life and are less convenient for packaging and transportation as compared to the powdered form. Thus, farmers and dairy farms prefer powdered milk replacers over liquid milk replacers, which is hampering market growth. Moreover, the lack of awareness and unwillingness to buy medicated liquid milk replacers in certain developing nations of the world are also creating hurdles to the growth of the global liquid milk replacers market.


Segmentation


The global liquid milk replacers market has been segmented based on type, livestock, and region.


Based on type, the global liquid milk replacers market has been divided into medicated and non-medicated.


The global liquid milk replacers market has also been classified, on the basis of livestock, as calves, piglets, lambs, and others.


The global liquid milk replacers market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world.


The North American liquid milk replacers market has further been segmented into the US, Canada, and Mexico. The European liquid milk replacers market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The liquid milk replacers market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The liquid milk replacers market in the rest of the world has been segmented into South America, the Middle East, and Africa.

Key Players


CHS Inc. (US), Southern Fuel & Farm Supplies Ltd (Ireland), Nutreco Holding N.V. (Netherlands), PetAg Inc. (US), Lactalis American Group, Inc (US), Archer Daniels Midland Company (US), Calva Products, LLC (US), LAND O'LAKES, INC. (US), Cargill, Incorporated (US), and Hi-Pro Feeds LP (US) are some of the key players in the global liquid milk replacers market.


Regional Market Summary


Global Liquid Milk Replacers Market Share (%), by Region, 2018 Global Liquid Milk Replacers Market Share (%), by Region, 2018 Source: Secondary Sources and MRFR Analysis

Europe is projected to dominate the global liquid milk replacers market during the forecast period due to the increasing exports of liquid milk replacers from the region. The rising consumption of veal in the region is yet another factor catalyzing the growth of the European liquid milk replacers market. However, the market in Asia-Pacific is expected to register the highest growth rate during the forecast period owing to the increasing adoption of milk replacers by dairy farms in the region.


Global Liquid Milk Replacers Market, by Type



  • Medicated

  • Non-Medicated


Global Liquid Milk Replacers Market, by Livestock



  • Calves

  • Piglets

  • Lambs

  • Others


Global Liquid Milk Replacers Market, by Region




  • North America

    • US

    • Canada

    • Mexico






  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe






  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific






  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Key Players in the Global Liquid Milk Replacers Market



  • CHS Inc. (US)

  • Southern Fuel & Farm Supplies Ltd (Ireland)

  • Nutreco Holding N.V. (Netherlands)

  • PetAg Inc. (US)

  • Lactalis American Group, Inc (US)

  • Archer Daniels Midland Company (US)

  • Calva Products, LLC (US)

  • LAND O'LAKES, INC. (US)

  • Cargill, Incorporated (US)

  • Hi-Pro Feeds LP (US)


Intended Audience



  • Milk replacer producers/suppliers

  • Dairy farms

  • Livestock growers

  • Raw material suppliers and distributors

  • Traders, exporters, and importers



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Frequently Asked Questions (FAQ) :

High demand for livestock products is the major driver of the global liquid milk replacers market.

Unwillingness to procure medicated liquid milk replacers is the major deterrent of the global liquid milk replacers market.

Europe can dominate the global liquid milk replacers market and can continue their reign till 2024 due to consumption of veal.

APAC can register the highest growth rate in the global liquid milk replacers market.

Lactalis American Group, Inc, Nutreco Holding N.V., PetAg Inc., LAND O'LAKES, INC., Hi-Pro Feeds LP, Southern Fuel & Farm Supplies Ltd, Calva Products, LLC, CHS Inc., Cargill, Incorporated, and Archer Daniels Midland Company are notable players of the global liquid milk replacers market.