May 10, 2019 by Steve Blade
The expanding poultry predominantly drives the global liquid feed market. Poultries such as aquaculture, swine sectors, and ruminants coupled with their large-scale consumption of liquid feed in developing countries as well as in developed countries. The growing population in developing nations coupled with the increasing purchasing power of consumers has led to the increased production of aquaculture, poultry, and swine products. With these increasing parameters in global Liquid Feed Market, has managed to have a growing application for liquid feeds.
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Similar to any other food products, food regulatory agencies of a country, control animal feed supplements for labeling and composition requirements. For instance, legislation across the world on businesses pertaining to liquid feeds for animals that are associated directly or indirectly in the feed chain to be manifested or permitted to comply with the standards that are affecting the parameters such as personnel, storage, production facilities, storage, and record-keeping. Liquid feeds are the means to cater extra protein and other minerals. Also, liquid feeds cater ingredients that are needed in traces for the herd. Liquid feeds with multiple advantages in feed mixes for various herds of animal species such as aquaculture, pigs, cattle, and chickens. Furthermore, liquid feeds have molasses as carrier medium which enhances digestion systems and increases palatability.
Also, this ever-increasing use of liquid feeds caters supplemental nutrition for cattle throughout the production cycle. Top players in the global liquid feed are focusing on lucrative growth opportunities in developing economies as a consequence of recently acquired economic prosperity and trending feed habits in the market. To gain market penetration in emerging countries, prominent players are focusing on developing animal feed products that are advantageously suitable for the climatic circumstances and animal rearing systems in these countries. With all these driving forces, the global market for liquid feed is expected to have significant expansion during the forecast period.
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The global liquid feed market is segmented by product type, by sources, by livestock, and by region. On the basis of product type, the global liquid feed is segmented as protein, minerals, vitamins, and others. On the basis of sources, the global liquid feed market is segmented as molasses, corn, urea, and others. On the basis of livestock, the global liquid feed market is segmented by ruminants, poultry, swine, aquaculture, and others. With the rapid growth in the poultries across the world, product type segment is estimated to witness high growth over the forecast period. On the other hand, stringent government regulations on animal feeds will aid in the expansion of the global liquid feed market over the forecast period.
The global liquid feed market can be segmented with respect to the regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA (Middle East and Africa). The South Asia is expected to have a significant market for liquid feed owing to the rising economic prosperity in India. The MEA and Latin America markets for liquid feed also have considerable growth with the rapid economic growth in these regions over the past couple of years. Developed countries such as the U.S. and countries of Europe are substantial markets for liquid feed due to the growing demand for swine and poultry from different food chains.
Prominent players in the global liquid feed market are Archer Daniels Midland Company, BASF SE, Cargill Incorporated, Quality Liquid Feeds Inc., and Westway Feed Products LLC. The Global players such as Cargill Incorporated and BASF SE are expected to strengthen their market positions by offering loyalty schemes and competitive prices. Several small-sized players also have a presence in the liquid feed supplements market globally.
The global market for liquid feed is consolidated in nature owing to the presence of less number of players in the market. The global liquid feed market has lucrative opportunities for new entrants, which will cater to competitiveness in the product offerings and also leads to the reduction in prices of the products.
The research report presents a comprehensive assessment of the liquid feed market and contains thoughtful insights, facts, and 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 market report provides analysis and information, according to market segments such as geographies, application and industry.
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The Liquid feed 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 Liquid feed report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The Liquid feed report also maps the qualitative impact of various market factors on market segments and geographies.
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