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Liquid Milk Replacers Market by Type, Livestock And Region - Global Forecast to 2023

Liquid Milk Replacers Market: Global Forecast until 2023

  • October 2018
  • 113 pages
  • ID: 5609425
In this report:
About ##.##% of the entire milk production in the region is used for general consumption, with ##.##% being used for cheese production, ##.##% being used for butter, and ##.##% for cream.
Non-medicated liquid milk replacers are expected to hold a majority of the market share across all regions, accounting for ##.##% of the global product sales in 2017.

Summary

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Growing consumption of dairy products is predicted to push the global rise of the liquid milk replacers market.

The liquid milk replacers market size is forecasted to grow from $188.0M in 2018 to $243.0M by 2023, at a Compound Annual Rise rate of 5.30 percent during the forecast period. The liquid milk replacers market is influenced by different Elements such as the rising consumption of dairy products and the adoption of precision nutrition techniques. Nevertheless, logistical and preservation advantages combined with powdered milk replacers can hinder the increase of the market.

The medicated segment is anticipated to grow at a better compound annual growth rate during the outlook period.

The medicated segment is the faster-growing segment in the liquid milk replacers market, by category.The liquid milk replacers market, by category, has been categorized into medicated and non-medicated.

Medicated liquid milk replacers offer several health benefits and improve the performance of infant livestock.These milk replacers are primarily fed to infant livestock that has physical and nutritional deficiencies, weaknesses, or diseases; and require an enhanced nutritional diet.

This has led livestock rearers to use medicated liquid milk replacers.

The calves segment, by livestock, is expected to hold the biggest market share during the estimate period.

Raising healthy calves is one of the main aspects of livestock management, in general, given their use in dairy and meat production.An optimal level of nutrition in the early life of animals facilitates their faster rise and early maturity.

Infant calves should be carefully reared so that they attain about 70%-75% of mature body weight at puberty.Poor feeding could lead to a higher age of calves at first calving and an global reduction in their life spans.

These factors are forecast to steer the adoption of liquid milk replacers in this industry segment.

North America continent is anticipated to record the maximum growth rate during the outlook period.

According to different studies conducted by the USDA National Dairy Heifer Evaluation Project, more than half of the country's farms used milk replacers as an effective source of nutrition during livestock pre-weaning periods.Milk replacers act as an important dietary requirement for pre-weaning livestock, wherein their proper portioning and formulation results in improved biosecurity, better livestock performance, and greater economic viability.

Moreover, liquid milk replacers, when strategically formulated, could also help to improve livestock increase and performance, which could essentially result in a better outcome than what is attainable with a whole milk diet.

Comprehensive interviews were managed with Chief Executive Officers, marketing directors, other innovation and technology directors, and executives from numerous main institutions operating in the liquid milk replacers market.

•?By Company Type: Tier 1: 23.0 percent, Tier 2: 30.0 percent, and 1/3 3: 47.0 percent

•?By Designation: C-suite executives: 24.0 percent, Directors: 36.0 percent, and Others: 40.0 percent

•?By area: North america (NA): 34.0 percent, Europe: 50.0 percent, APAC: 8.0 percent, and MEA: 8.0 percent

The liquid milk replacers market comprises main providers including Liprovit, BV, Calva products LLC, PETAG Inc., Cargill, Archer Daniels Midland (NYSE:ADM), CHS Inc., Land O'Lakes Inc., Glanbia Plc, Nutreco N.V., and Lactalis Group. The report includes an exhaustive competitive study of these top actors in the liquid milk replacers market, together with their company descriptions, latest developments, and key industries strategies.

Segment Research

The market study includes the liquid milk replacers market across various parts.It aims at evaluating the market value and the increase potential of this market across several segments, on the basis of class, livestock size, and area.

The market research also comprises a detailed competitive analysis of the top players in the sector; together with their company descriptions, main observations related to their product and business offerings, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate the market top players/new sector entrants in this sector with data on the best approximations of the revenue data for the global liquid milk replacers market and its sub-segments.This industry report will facilitate the partners to apprehend the competitive landscape, to benefit additional insights to better option their businesses, and to plan suitable go-to-market approaches.

The market research will also assist the partners to comprehend the pulse of the sector and will provide them with info on main market drivers, market restraints, opportunities, and alternatives.

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