Liquid Feed Market Size
Expected to rise at a CAGR of over 6% through 2027, liquid feed market size crossed USD 71.5 billion in 2020. Rising globalization along with changing food patterns related to meat and processed meat consumption could propel general sector expansion. Increasing protein intake among health-conscious consumers should lead to the consumption of more meat-based items in their diets, which is probably going to influence total market figures.
To get key market trends
Moreover, customers with hurried lifestyles are turning to ready-to-eat processed beef products. As processed meat products help to provide valuable animal proteins for human diets, the development in meat processing technologies—especially in manufacturing—is expected to boost meat consumption. Growing demand for meat-based food items should thus increase the liquid feed industry over the next years.
| Report Attribute | Details |
|---|---|
| Base Year | 2020 |
| Liquid Feed Market Size in 2020 | 71.5 Billion (USD) |
| Forecast Period | 2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR | 6% |
| 2027 Value Projection | 107.5 Billion (USD) |
| Historical Data for | 2016 to 2020 |
| No. of Pages | 230 |
| Tables, Charts & Figures | 264 |
| Segments covered | Ingredients, Livestock |
| Growth Drivers |
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| Pitfalls & Challenges |
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What are the growth opportunities in this market?
Lockdowns in big ports and cities have been imposed by the worldwide COVID-19 epidemic. It has also caused temporary closures of manufacturing facilities and business centers. As such, it raised the cost of liquid feed as well as of its basic components. But since liquid feed is a basic good for animal diets, demand for it is steady during the COVID-19 epidemic. Considered basic categories throughout the COVID-19 epidemic are food and feed.
The easing on import and export of necessary goods as well as transportation should help to support the liquid feed supply on the market. Furthermore, increased consumer health issues resulting from rising COVID-19 cases should drive demand for meat-based and animal related products to grow. Rich in vitamins, minerals, amino acids, and necessary lipids, these goods help to preserve excellent health. It is expected that the constant increase in the cost of raw materials for liquid cattle feed will limit the demand for the product over the projection period.
Main constituents for liquid feeds derived from other sectors are whey, corn steepwater, condensed brewers soluble, condensed molasses fermentation soluble, lignin sulfonate and maize or milo distillers soluble. These byproducts can be efficiently included into liquid feed production and are derived rather more cheaply from other sectors. Technological development and product innovation could help to solve cost problems so verifying product viability and variability.
Liquid Feed Market Analysis
Learn more about the key segments shaping this market
Molasses based liquid feed market accounted for the largest share and exceeded USD 21.05 billion in 2020 and is anticipated to show a CAGR over 5.5% over the coming years. Molasses is highly effective in raising herd milk yields of dairy cows on simple low-cost silage and cake system with minimum cost in terms of investment. Additionally, the high palatability of molasses feeds makes them an ideal supplement for animal feed and helps enhance the nutritive value of feed.
Furthermore, molasses is one of the cheapest and low-cost energy supplements offered for cattle especially in areas near sugar mills. Fortified molasses can address protein deficiencies, while also supplying an energy supplement when properly mixed with urea, and with or without protein meal, Molasses is suitable for inclusion in the diets of all ruminant livestock and offer cost effective way to increase the palatability of feed and contribute towards good levels of energy and protein.
Learn more about the key segments shaping this market
Liquid feed market demand from ruminant livestock is expected to surpass USD 52.5 billion 2027. Liquid feeding has many advantages such as it can be easily digested and ideal ingredients that can be added to products such as cereal and maize feed of ruminants. In addition, it is believed that liquid feed supplements help enhance the nutrient value in ruminants. For instance, urea as an indirect source of protein in admixture with nutrients such as molasses, various sugars, alone or in combination with inert carriers.
Moreover, ruminants play an important role in sustainable agriculture. The land that is unsuitable for farming becomes more productive in nature with ruminants. Therefore, the farmers are more concern towards the diet of ruminates, where liquid feed supplements are given to ruminants to enhance their digestive health, enhance immunity and maintain the good health.
Looking for region specific data?
With a value of more than USD 21.7 billion in 2020, North America liquid feed market is predicted to have a CAGR of more than 5%. Different food chains and fast-service restaurants along with changing customer eating behavior resulted in higher meat consumption in the North America region. Furthermore anticipated to support regional business outlook is growing demand for high grade meat and meat products resulting from rising canned and frozen food consumption especially in developed areas.
Furthermore, large R&D expenditures for product innovation from meat and meat-based goods could help the regional sector to grow. New product introductions for local and global markets are being funded by big corporations. Furthermore among the top feed production nations worldwide that meet the great demand for liquid feed is Mexico. The main drivers affecting the market expansion for liquid feed in North America are rising domestic consumption, the arrival of new technology, and the inclusion of healthy components in animal feed.
Liquid Feed Market Share
Global liquid feed market is fragmented in nature due to presence of various industrial participants and the steady entry of new players in the market.
- Archers Daniel Midland
- Liquid Feeds International
- Cargill Inc
- Midwest Liquid Feeds, LLC
- Cattle-Lac Liquid Feed
- Alliance Liquid Feeds LLC
- Voermol Feeds
- Double S Liquid Feed Services, Inc,
are some of the players in the market holding lucrative share.
Also, players in the market are applying various strategies including product advancement to compete in the market. For instance, Liquid Feeds International company sources high quality sugarcane molasses from Louisiana which is an 84 BRIX cane molasses. Sugar and molasses supplements increase the digestibility of diet dry and organic matter and increase feed intake as well as microbial production in the rumen.
Major industry players cater their products to a wide range of livestock that include ruminant, poultry, swine, aquaculture, and many others. Moreover, in order to strengthen the market position, key players are engaged in several activities include product development & innovations, mergers, acquisitions, and others.
For instance, In October 2021, BASF and Cargill expanded their partnership in the animal nutrition business. The companies added their research and development capabilities to enhance their market position in Brazil and Middle East & Africa Region.
The liquid feed market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume (Kilo Tons) and revenue in USD (Million) from 2016 to 2027 for the following segments
By Ingredients
- Molasses
- Corn Steepwater
- Whey
- Soluble
- Supplements
- Urea
- Phosphoric Acid
- Vitamins
- Trace Minerals
- Fats
- Others
- Others
By Livestock
- Ruminant
- Poultry
- Swine
- Aquaculture
- Other
The above information has been provided for the following regions
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Thailand
- Indonesia
- Malaysia
- Vietnam
- Latin America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- Egypt
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