Liquid Milk Replacers Market Size is anticipated to reach USD 309.21 Million by 2030, registering a CAGR of 5.15% during 2022-2030. 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.
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.
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.
 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.
Liquid Milk Replacers: Sustainable Solutions and Precision Nutrition Drive Market GrowthThe liquid milk replacer market is moo-ving on up! Despite the lack of daily headlines, the industry is experiencing exciting developments fueled by consumer demand for sustainability and advancements in animal nutrition.Here's the scoop on the latest trends:Going Green: Sustainability is becoming a top priority for livestock producers. Liquid milk replacer companies are responding by exploring eco-friendly options. This could involve incorporating plant-based proteins or developing production processes that minimize environmental impact.Formulating for the Future: Researchers are constantly seeking ways to improve the nutritional profile of liquid milk replacers. By mimicking natural milk even more closely, these advancements can enhance animal health and development during critical growth stages.
Intended Audience
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 2030 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.
Senior Research Analyst I have a bachelor's degree in mechanical engineering and an mba. i have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. a firm believer in lifelong learning and sharing of knowledge. having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest.Â
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