Global Liquid Feed Protein Supplements Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2022 –2029 |
Market Size (Base Year) |
USD 5.53 Billion |
Market Size (Forecast Year) |
USD 8.88 Billion |
CAGR |
|
Major Markets Players |
Global Liquid Feed Protein Supplements Market, By Source (Prills, Granules, Corn, Urea, Wheat Barn, Others), Livestock (Ruminants, Poultry, Swine, Aquaculture, Others), – Industry Trends and Forecast to 2029
Liquid Feed Protein Supplements Market Analysis and Size
Changing economic patterns, affordability, and improving financial situations of farmers in developing countries are expected to drive the growth of the liquid feed supplements market further. Rapid economic development and rising meat demand have resulted in widespread use of liquid feed supplements.
Data Bridge Market Research analyses that the liquid feed protein supplements market was growing at a value of USD 5.53 billion in 2021 and is expected to reach the value of USD 8.88 billion by 2029, at a CAGR of 6.10% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, technological advancements and patent analysis.
Liquid Feed Protein Supplements Market Scope and Segmentation
Report Metric |
Details |
Forecast Period |
2022 to 2029 |
Base Year |
2021 |
Historic Years |
2020 (Customizable to 2014 - 2019) |
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered |
Source (Prills, Granules, Corn, Urea, Wheat Barn, Others), Livestock (Ruminants, Poultry, Swine, Aquaculture, Others) |
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
Market Players Covered |
CHR. Hansen Holdings A/S (Denmark), Lallemand Inc. (Canada), Novus International Inc.(U.S.), DSM (Netherlands), BASF SE (Germany), Alltech (U.S.), ADM (U.S.), Charoen Popkhand Foods (Thailand), Associated British Food Plc (U.K.), and Cargill Incorporated (U.S.) |
Opportunities |
|
Market Definition
Liquid feed supplements are molasses-based products designed to be fed to both feedlot and grass-fed cattle, with different preparations based on the animals' diet requirements. Liquid feed supplements were originally developed for use in feedlots, but are now available for pasture-fed cattle in both blended and suspension forms. They are not energy supplements in and of themselves due to their low consumption rate, but they do serve as a carrier for protein and mineral supplementation.
Liquid Feed Protein Supplements Market Dynamics
Drivers
- Cost effectiveness of feed supplement and high demand for animal products
The growing demand for animal products such as meat and dairy has put significant pressure on livestock farmers to improve livestock competence. On the other hand, rising feed prices are forcing farmers to choose between optimising efficiency and keeping expenses to a minimum. As they aid in the effective supplementation of required nutrients to livestock, liquid feed supplements are the best option for reducing dairy farm feed expenses by improving feed digestion and feed conversion ratio.
- Growing investments and innovations
Other factors expected to drive the growth of the liquid feed supplements market include increased research and development activities related to animal feed, rising preference for food with high nutrition content, and increased focus on investments and innovation.
Opportunity
The increasing use of liquid feed protein supplements in the aquaculture feed industry is one of the major factors driving their growth. This is because fish farming now provides more than half of the world's fish food supply, a figure that is expected to rise further in the coming years. As a result, liquid feed protein supplements are expected to play an important role in supplying high quality amino acids and overall nutritive value to the aquaculture sector.
Restraints
Imposition of regulatory structures and interventions, as well as changing consumer requirements, are likely to stymie the growth of the liquid feed protein supplements market during the forecast period. The high content of water and salt will be the most significant challenge to market growth.
This liquid feed protein supplements market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the liquid feed protein supplements market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Liquid Feed Protein Supplements Market
Almost every industry in the world has suffered a setback in the last 18 months. This is because of significant disruptions in their respective manufacturing and supply-chain operations as a result of various precautionary lockdowns and other restrictions imposed by governing authorities around the world. The global market for liquid feed protein supplements is similar. Furthermore, consumer demand has decreased as people are now more focused on eliminating non-essential expenses from their respective budgets as the general economic status of the majority of people has been severely impacted by this outbreak. These factors are expected to have an impact on the global liquid feed protein supplements market's revenue trajectory over the forecast period.
Recent Development
- Archer Daniels Midland (ADM) Company announced plans in 2020 to phase out dry lysine production in the first half of 2021. ADM Animal Nutrition instead focuses on l-lysine liquid 50% and encapsulated lysine products. ADM worked closely with swine and poultry feed producers to transition to liquid lysine throughout 2020.
- Cargill Incorporated invested USD 20 million in the plan to establish a premix plant in Kota, India, in 2019, thereby assisting farmers in improving animal health and productivity through its diverse portfolio of liquid feed supplements.
- BASF launched a new line of phytase products for the feed industry in Indonesia in 2019, expanding the company's product portfolio in the region.
Global Liquid Feed Protein Supplements Market Scope
The liquid feed protein supplements market is segmented on the basis of source and livestock. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
- Prills
- Granules
- Corn
- Urea
- Wheat Barn
- Others
Livestock
- Poultry
- Swine
- Cattle
- Calves
- Aquaculture
- Others
Liquid Feed Protein Supplements Market Regional Analysis/Insights
The liquid feed protein supplements market is analysed and market size insights and trends are provided by country, source and livestock as referenced above.
The countries covered in the liquid feed protein supplements market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Due to growing public awareness about animal health and feed quality, as well as the adoption of liquid feed and molasses, India and China dominate the Asia-Pacific liquid feed protein supplements market, while North America and Europe are expected to grow during the forecast period due to the adoption of stringent regulations and changing dietary preferences.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Liquid Feed Protein Supplements Market Share Analysis
The liquid feed protein supplements market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to liquid feed protein supplements market.
Some of the major players operating in the liquid feed protein supplements market are:
- CHR. Hansen Holdings A/S (Denmark)
- Lallemand Inc. (Canada)
- Novus International Inc. (U.S.)
- DSM (Netherlands)
- BASF SE (Germany)
- Alltech (U.S.)
- ADM (U.S.)
- Charoen Popkhand Foods (Thailand)
- Associated British Food Plc (U.K.)
- Cargill Incorporated (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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