Liquid Feed Supplements Market - Detailed Survey On Key Trends, Leading Players & Revolutionary Opportunities 2032
The global liquid feed supplements market is anticipated to hold a value of US$ 5,918.2 Million in 2022 and reach US$ 9,732.3 Million by 2032.
A mounting number of consumers across the world are turning
vegan over heightening concerns about their health and wellness. Also, consumer
awareness about the negative impacts of the meat industry is encouraging them
to spurn animal-based products. Yet, the livestock industry has maintained its
growth trajectories amidst all the recent changes in industrial trends and rise
of the veganism trend among consumers worldwide, which is ultimately
influencing growth of the liquid feed supplements market.
Positive growth prospects of the livestock and poultry
industry have given an impetus to various developments in the animal feed
additives market. The global sales of animal feed additives reached US$ 14
billion in 2015, and the improvements in their sales potential is propelling
demand for feed supplements. With increasing awareness about the importance of
animal nutrition and animal healthcare products such as animal
antibiotics and antimicrobials, among stakeholders in the livestock industry,
the demand for veterinary feed supplements is poised to surge in the coming years.
Liquid feed supplements are emerging as one of the latest
trends in the animal feed supplements industry, as manufacturers are focusing
on offering a composition of supplements to better suit the animal feedstuff.
Innovative and nutritional ingredients such as feed enzymes, vitamins,
minerals, and other nitrogen-containing active ingredients, are being
incorporated in the manufacturing of liquid feed supplements to further improve
their nutritional values.
Leading players in the liquid feed supplements market are
focusing on capitalizing on the increasing growth of the poultry
feed market,
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data
may vary and will be available in the report.
Liquid Feed Supplements Market – Competitive Landscape
Leading players and other stakeholders in the global market
for liquid feed supplements market that are featured in the report include
Archer Daniels Midland Company, Cargill Incorporated, Ridley Corporation
Limited, BASF SE, Westway Feed Products LLC, Graincorp Ltd., Quality Liquid
Feeds, Dallas Keith Ltd., Quality Liquid Feeds, Land O’lakes, Inc., Inc., and
Cattle-Lac Liquids Inc. Some of the notable developments in the liquid feed
supplements market are:
- In
February 2019, Cargill Incorporated – one of the global leaders in the
animal feed industry – announced that it has planned to invest
approximately US$ 20 million to manufacture its new greenfield premix
plant in Rajasthan, India. The company declared that the new feed
premix facility is planned to be built on 15 acres of land in Kota
and its monthly manufacturing capacity is announced to be around 7,500
tons of animal nutrition products and veterinary feed supplements.
- In
June 2019, Land O’lakes, Inc. – a U.S.-based member-owned agricultural
cooperative – announced that is has partnered with Royal Agrifirm Group
(Agrifirm) – a Netherlands-based cooperative enterprise – to form a dairy
animal feed joint venture – Agrilakes – in China. The company is
continuing its commercial growth strategy by focusing on collaborating
with locally-successful companies to boost its global presence in the feed
supplements industry.
- In
April 2019, Archer Daniels Midland Company – world’s leading agricultural
processors and food ingredient providers – announced the opening of its
new livestock feed facility in Illinois, which is its fourth animal
nutrition manufacturing facility in North America. The company also
announced that it has made significant investments to expand and improve
our animal nutrition capabilities. For instance, the company recently
acquired Protexin – a leading provider of probiotic
supplements for animal feed markets, headquartered in the United
Kingdom.
- In
September 2019, DuPont Animal Nutrition – a business unit of DuPont
Nutrition & Biosciences (DuPont) and leading provider of innovative
enzyme, natural betaine and probiotic feed technologies for the livestock
industry – announced the launch of Axtra® PHY in Japan. Its new product –
DuPont™ Axtra® PHY is a phytase enzyme designed to enhance animal health
and performance in poultry and swine. The company also launched DuPont™
Syncra® AVI, a feed supplement for improving nutrient digestibility in
poultry livestock, in Asia Pacific.
Factors Influencing Growth of the Liquid Feed Supplements
Market
Rising Adoption of Technological Solutions to Improve
Efficiency and Productivity
Leading players in the liquid feed supplements market are
leveraging recent advancements in technology to improve and optimize
manufacturing and other business operations. With the increasing demand for and
growth of the liquid feed supplements market, leading manufacturers are
expected to join forces with technology companies to attain greater
transparency in the supply chain and sustainability in multiple business
processes with the help of state-of-the-art technological solutions. For
instance, BASF Corporation and arc-net – a technology company head quartered in
Belfast, Northern Ireland – to incorporate the Blockchain technology in
analyzing and capturing various sustainability parameters in livestock
production. While technology calls for initial investments and high capital,
the adoption of next-generation technological solutions is only likely to be
observed among leading players in the liquid feed supplements market.
Increasing Demand for Liquid Feed Supplements with
Poultry Nutrition Additives
Taking into consideration the increasing demand for poultry
meat, stakeholders in the liquid feed supplements market are focusing on
catering the specific nutrition needs in the poultry industry. By bolstering
the research & development activities to introduce innovation in poultry
nutrition additives, liquid feed supplement manufacturers are aiming to expand
their customer base including poultry producers. Leading players in the market
are expected to introduce liquid feed supplements with essential amino
acids, vitamins, organic trace mineral feed, area-speci?c mineral
mixtures, and macro and micro-minerals for sustainable poultry production.
However, in the coming years, the demand for liquid feed supplements is
expected to grow at a significant rate in the ruminants segment.
Positive Sales Opportunities in the Livestock Sector in
Asia Pacific
Stakeholders in the liquid feed supplements market are
noticing the increasing growth of the meat industry and livestock sector in
Asia Pacific, and are modifying their business strategies to expand presence in
the region. Manufacturers are aiming to capitalize on increasing awareness
among stakeholders in Asia Pacific’s livestock sector about the importance of
animal health and feed nutrition. This is expected to bolster the sales
potential of liquid feed supplements in the region, creating new sales
opportunities for market players. Leading manufacturers in the liquid feed
supplements market are investing heavily in developing countries in Asia
Pacific, such as China and India, to cater to the increasing domestic demand
and incur more profits in the coming years.
The research report presents a comprehensive assessment of
the liquid feed supplements market and contains thoughtful insights, facts,
historical data, and statistically supported and industry-validated market
data. It also contains projections using a suitable set of assumptions and
methodologies. The liquid feed supplements market is broadly segmented
according to the type, source, and feedstock.
The report is a compilation of first-hand information,
qualitative and quantitative assessment by industry analysts, inputs from
industry experts and industry participants across the value chain. The report
provides in-depth analysis of parent market trends, macro-economic indicators
and governing factors along with market attractiveness as per segments. The
report also maps the qualitative impact of various market factors on market
segments and geographies.
Report Highlights:
- A
detailed overview of parent market
- Changing
market dynamics in the industry
- In-depth
market segmentation
- Historical,
current, and projected market size regarding volume and value
- Recent
industry trends and developments for yorker spouts market
- Competitive
landscape for yorker spouts market
- Strategies
for key players and products offered
- Potential
and niche segments, geographical regions exhibiting promising growth
- A
neutral perspective on market performance
- Must-have
information for market players to sustain and enhance their market
footprint
For More Information: https://www.futuremarketinsights.com/reports/liquid-feed-supplements-market
Comments
Post a Comment