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Liquid Feed Market size to exceed $107.5bn by 2027
Published Date: January 31, 2022Liquid Feed Market size is set to surpass USD 107.5 billion by 2027, according to a new research report by Global Market Insights Inc.
Liquid feed finds widespread usage as feed additives for enhancing growth performance and feed efficiency in swine, ruminants, aquaculture, and poultry animals. Liquid feed can provide swine with essential daily energy and nutrients at a lower cost. It enables the usage of industrial co-products from the food sector that can be cheaper than conventional feed ingredients.
Wide range of benefits of feed supplements for animal health such as improved digestibility and intestinal health, will fuel its demand during the forecast period
Liquid feed market from supplement ingredients is likely to surpass USD 3.5 billion by 2027 growing at a CAGR around 6.5%. Feed supplements act as additives for farm animals who do not get enough nutrients from regular meals. These supplements include vitamins, amino acids, fatty acids, and minerals. These supplements enhance feed presentation, hygiene, digestibility, and effect on intestinal health.
Moreover, trace minerals which includes iron, zinc, copper, manganese, iodine and selenium are added to promote growth and development, immunity and reproduction. Zinc mineral provides protein synthesis, vitamin A utilization, immune system which in turn improves bone and joint problems and fertility problems in animals. Copper mineral improves collagen synthesis and maintenance, enhances enzyme function and immune response. Therefore, these wide benefits of supplements should support liquid feed demand in animal feed sector.
Various benefits of liquid feed in poultry such as improved gut enzymes and growth efficiency should support liquid feed industry expansion
Liquid feed market size from poultry is projected exceed USD 21.5 billion by 2027 growing at a CAGR of around 6%. Liquid feed plays a vital role in poultry diets as it aids to improve gut enzymes, growth efficiency and digestive enzymes. Many liquids feeds for poultry livestock are designed to provide additional mineral salts and other trace elements which are required by poultry birds. This allows optimal mineralization of the skeleton ensuring stronger bone material which is essential in laying birds and breeders.
The addition of phosphorous and calcium may aid in improving eggshell quality and provides additional mineral nutrients essential for the recovery of birds from stressful conditions. Furthermore, the addition of mineral and vitamins in liquid feed are vital for normal growth and development in poultry, such as bone formation and body process such as enzyme activation. Vitamin A, D, E, K are required in the diet to maintain proper health and wellbeing of poultry. Therefore, these wide benefits of liquid feed to poultry are projected to fuel its demand from the poultry livestock.
Browse key industry insights spread across 230 pages with 238 market data tables and 26 figures & charts from the report, “Liquid Feed Market Statistics By Ingredients (Corn Steepwater, Molasses, Soluble, Whey, Supplement [Phosphoric Acid, Urea, Trace Minerals, Fats, Vitamins), By Livestock (Poultry, Ruminant, Aquaculture, Swine), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/liquid-feed-market
Rising consumption of meat in Asia Pacific should propel the regional market statistics
Asia Pacific liquid feed market is predicted to exceed USD 30 billion by 2027. Asia Pacific is the largest global meat and processed meat consumer and accounted for over 70% business share of the total market. China’s meat market is the second largest segment in the country’s retail food sector. The individuals who live in China’s metro cities consume twice as much meat as those who live in rural areas of China. Which should drive liquid feed demand.
Key players in liquid feed market includes The Spice House and Spices Inc. Yogi Botanicals, Live Organics, ADM, GrainCorp, Liquid Feeds International, and Cargill Inc. Key players are implementing different strategies such as product innovation and technology development to enhance their market position.
For instance, Cargill Inc provide a tailored formulation for diet which adjusts according to the factors such as intake and environment. The company offers these formulations for cow, calf and herds and through this system the consumers can identify important issues that may affect reproductive performance. The system may also track metabolic and digestive issues and provide various supplementation programs to help maintain productivity and profitability.