Liquid feed Industry Analysis, Size, Share, Growth, Trends and Forecast to 2023
Feed supplements are added to livestock food formulation to increase the nutritional content in the animal feed. Among the various forms of feed supplements, liquid feed is projected to have a substantial growth over the forecast period. The most common liquid feed ingredient includes phosphoric acid, trace minerals, vitamins, urea, fats, and others. They contribute to the improved animal health and reduce the livestock diseases which further helps in quality of products derived from the livestock. Growing livestock industry is driving the market for liquid feed.
Growing population in developing countries has increased the demand for production of poultry, swine, aquaculture, and other livestock for consumption which has opened doors for liquid feed market. Increase in the consumption of meat and meat products is adding fuel to the growth of liquid feed market. Moreover, regional governments are forming regulations to standardize meat products to prevent consumers from the outbreak of livestock diseases which is further boosting the growth of liquid feed market.
Owing to increasing outbreak of livestock diseases, there are continuous innovations in animal feed which is adding fuel to the growth of liquid feed market. Moreover, innovations by the key players have a potential growth in the liquid feed market over the coming years. All these factors are projected to contribute to the estimated CAGR of 4.2% of liquid feed market during the forecast period 2017-2023.
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Some of the key players profiled in the global liquid feed market are Archer Daniels Midland (U.S.), Cargill Inc. (U.S.), Dallas Keith Ltd. (U.K), GrainCorp (Australia), Westway Feed Products (U.S.), Midwest Liquid Feeds. (U.S.), Agridyne LLC (U.S.), Land O’ Lakes (U.S.)
is segmented by ingredients such as phosphoric acid, trace minerals, vitamins, urea, fats, and others. Among them, urea segment is anticipated to hold the major market share over the forecast period. Moreover, trace minerals are projected to be the fastest growing segment followed by the vitamins segment.
Browse the market data and information spread across 110 pages with 20 data tables and 15 figures of the report “Liquid feed market Research Report- Forecast till 2023” in-depth alongside table of content (TOC) at:
The global liquid feed market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is dominating the liquid feed market followed by Asia Pacific. In Asia Pacific, rising population followed by increasing consumption of livestock in developing countries of Asia Pacific is boosting the liquid feed market.
Moreover, rising demand for poultry and swine products in Europe will boost the liquid feed market. Additionally, South America is witnessing growth owing to increase in demand for protein intake from swine and poultry applications.
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