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Liquid Feed Market size was above USD 55 billion in 2016 and consumption may exceed 155 million tons by 2024<br><br>Get more info @ https://goo.gl/SdEDPw<br>
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KeyInsights from Liquid Feed Market : • U.S. molasses based liquid feed market size should exceed USD 5.9 billion by 2024. It is an economical supplement source for animal and dairy diets which may drive industry growth. Favorable government norms by EPA towards industrial livestock production should favor regional growth. • China liquid feed market from swine applications may foresee growth at above 4.5%. Controlled fermentation can exclude undesirable bacteria which may affect pig’s health and provide pig meat safety for human consumptions. Increasing awareness regarding animal health along with Chinese government’s environmental limitations may be a major contributing factor in promoting product demand in this lucrative region.
Continued... • Whey ingredient based liquid feed market may witness significant gains as it is good source of calcium, phosphorus, and other minerals. Condensed whey is ideally used in supplements for dairy, cattle, and beef. It is fed to animals mainly ruminants as an energy supplements, thereby boosting overall growth performance. • India liquid feed market size with respect to poultry applications may register gains over 5%. Rise in livestock and poultry business owing to various government schemes and subsidies along with private sector investments may drive regional growth. Growing meat & meat products consumption owing to decreasing religion and cultural barriers may stimulate product demand in this region. • Germany corn steepwater based liquid feed market size may witness above average gains over the forecast timeframe. Supporting regulations regarding antibiotics ban along with various incidence showing harmful effects of antibiotics residual accumulation in meat products is likely to drive regional growth.
U.S. Liquid Feed Market Size, By Ingredients, 2016 (USD Million)
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360° Analysis • Application Trends • Molasses containing liquid feed market size is poised to surpass USD 25 billion by 2024. Molasses incorporated by salt, protein meals, urea, phosphorous and rumen modifiers are cheapest energy supplement for cattle growth performance. It also helps in increasing feed palatability by enhancing feed taste. Easy availability in sufficient quantity may boost product demand. • Regional Trends • Europe market size may witness gains at over 3.5% at the end of 2024. Changes in dietary preferences has led to rise in dairy and meat products consumption accompanied with usage of intensive farming systems may favor regional industry growth. • Competitive Market Share • Global liquid feed market share is fairly fragmented with major market players operating in this industry includes Archer Daniels Midland, Cargill, Grain Corp, BASF SE. Other players operating in this market include Ridley Corporation, Performance Feeds, Westway Feed products, Quality feeds, Dallas Keith and Land O’ Lakes.
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