Liquid Feed Market by Type of Ingredient, Type of Livestock, And Region- Global Growth, Trends, And Forecast To 2029

 Liquid Feed Market Overview

Animal feed constitutes a vital segment of animal feeding programs and liquid feed has been gaining prominence in recent years. Liquid feed is cost-effective, easily digestible, non-toxic, anti-allergic, and helps to reduce the probability of disease outbreaks in livestock. Market Research Future (MRFR) has launched an in-depth report on the global liquid feed market and has asserted that the market will expand at a CAGR of 4.2% over the forecast period of 2017-2023.

The global population is shifting towards a more protein-rich diet, which has led to heightened demand for meat, dairy, and poultry products. To fulfill the towering food demands of the booming global population, farmers are increasingly emphasizing increasing production through maintaining the health of the animals, which is inducing demand within the liquid feed market. Lately, the governments of multiple countries have extended their support for the agriculture and farming industry, which has been a key factor influencing the growth of the market. Financial subsidies to farmers offered by governments help to generate more demand within the market. Moreover, within the context of spreading livestock diseases, federal agencies are endeavoring to curb livestock diseases and encourage the usage of animal feed that will boost the growth of the market in the coming years.

Segmentation

The global liquid feed market has been segmented based on ingredients and livestock.

By ingredient, the liquid feed market has been segmented into phosphoric acid, trace minerals, vitamins, urea, fats, and others. The urea segment is likely to capture the largest share of the market over the forecast period while the trace minerals segment is anticipated to exhibit the highest CAGR over the forecast period. The trace minerals segment is likely to be followed by the vitamins segment.

By livestock, the liquid feed market has been segmented into ruminants, poultry, swine, aquaculture, pets, and others. The ruminant’s segment is leading the market. Ruminants are cost-effective and have demonstrated high efficacy in improving animal health. The aquaculture segment is expected to register the highest CAGR followed by the poultry segment.

Regional Analysis

Region-wise, the liquid feed market has been segmented into North America, Rest-of-the-World (RoW), Europe, and Asia Pacific (APAC).

North America is the dominant liquid feed market. The growth of the market can be attributed to the high consumption rate of meat and meat products in the region. The cattle production industry in the region, especially in the US, is expanding continuously, which is supporting the growth of the market. Moreover, the presence of various key players in the region along with supportive government policies is boosting the growth of the liquid feed market in North America.

Europe is the second-largest liquid feed market. High awareness regarding animal health and expanding poultry industry in the region is favoring the growth of the market.

The APAC liquid feed market is anticipated to exhibit remarkable growth over the forecast period. A burgeoning population, rising disposable income, and subsequent surge in the demand for meat and poultry products are fueling the growth of the APAC liquid feed market. Moreover, the level of awareness regarding animal health and nutrition has increased considerably in the developing countries of the region, where much of the growth is cornered. China is a key contributor to the APAC liquid feed market. The region is witnessing a trend of intensive farming systems, which is proving beneficial for the growth of the market.

Access Report Full Report Below Click links @:  https://www.marketresearchfuture.com/reports/liquid-feed-market-5405

Competitive Landscape

Cargill Inc. (U.S.), Land O’ Lakes (U.S.), Agridyne LLC (U.S.), GrainCorp (Australia), archer Daniels Midland (U.S.), Midwest Liquid Feeds. (U.S.), Dallas Keith Ltd. (U.K), and Westway Feed Products (U.S.) are the key players in the global liquid feed market.

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