Liquid Feed Supplements Market

Liquid Feed Supplements Market Size, Growth Rate Analysis:

Liquid Feed Supplements Market was worth USD 4.33 billion in 2021 and estimated to be growing at a CAGR of 5.6%, to reach USD 5.69 billion by 2026. 

The market is expected to show significant potential during the mentioned forecasting period. The market continues to gain momentum with the rapid increase in awareness about animal health. Liquid feed supplements are the food substances to provide add which contain protein, minerals and other nutritional elements that are required in the food of livestock. Liquid feed supplements are generally added in the daily food for different animal species such as swine, cattle, chickens, and aquatic animals. They are normally associated with molasses which act as the carrier medium for the provision of energy to the livestock and also increase food palatability.

Liquid Feed Supplements Market Drives and Restraints:

The major driving factors for the market of Liquid Feed Supplements are rising use of products obtained from livestock, increasing awareness regarding animal health and nutrition are given to them, ease of availability of liquid feed supplements and development in research activities in the animal healthcare industry. However, constraints like regulations by agencies and lack of awareness in certain areas are restricting the growth of this market.

LIQUID FEED SUPPLEMENTS MARKET REPORT COVERAGE:

Liquid Feed Supplements Market Segmentation:

Liquid Feed Supplements Industry – By Type:

• Protein

• Minerals
• Vitamins

Liquid Feed Supplements Industry–. By Source:

• Molasses
• Corn
• Urea

Liquid Feed Supplements Industry–. By Livestock:

• Ruminants
• Poultry
• Swine
• Aquaculture

Geographical Classification of the Liquid Feed Supplements Market:

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa
• Rest of the World

Regional Analysis of the Liquid Feed Supplements Market Industry:

As of 2016, the Liquid Feed Supplements Market was dominated by the Asia-Pacific region. The continuous economic development in this region and rising demand for meat has resulted in increased usage of liquid feed supplements. The gradual increase in the livestock population is also leading to the growth of the Liquid Feed Supplements market, which is expected to continue in the future years as well.

Key Players:

• GrainCorp Ltd. (Australia)
• Cargill, Incorporated (U.S.)
• Land O’Lakes Inc. (U.S.)
• Archer Daniels Midland Company (U.S.)
• BASF SE (Germany)