Liquid Milk Replacers Market Size, Share, And Trends By Product Type (Medicated, Non-Medicated), By Livestock (Calves, Piglets, Others), And By Geography – Forecast From 2019 To 2024

Published: Mar 2020 | Report Code: KSI061612801 | Pages: 117

Description
Table Of Contents
Companies Mentioned

Milk Replacers are fed to the infant animals in order to supply the necessary nutrients, to ensure proper growth and development of the infant. They contain additional micronutrients such as vitamins and minerals. They are easy to digest, sterile and easy to feed formula. They are made from by-products of dairy Industry. The liquid milk replacers market is expected to have significant market growth due to rising consumption of dairy products and greater adoption of precision nutrition techniques. Also, huge investments made in developed nations for research and development activities is estimated to further fuel the market growth. But the high cost associated with such products and government restriction on its consumption for consumer safety are expected to be restraints for market growth.

By product type, medicated liquid milk replacers segment is expected to have a significant market growth as they are used by livestock rearers to improve the health of infant livestock. It is mainly fed to infant livestock that suffer from physical and nutritional deficiencies and require enhanced nutritional diet. By livestock, calves segment is estimated to have a significant market share. Calves are born only with the fourth stomach functioning, the abomasum and their digestion is only dependent on the enzymes existing here. So, they are fed with high-quality milk replacers, as they fulfill their nutritional needs and boost their immunity toward diseases.

DRIVERS

Rising consumption of dairy products

Adoption of precision nutrition techniques

Rising investment in research and development activities

RESTRAINT

High cost of products

Government restrictions for consumer safety

INDUSTRY UPDATE

In May 2019, Trouw Nutrition, a Nutreco company signed a global research and development collaboration with Bayer Animal Health to focus on driving novel technologies and applications for animal health and nutrition.

SEGMENTATION

The Liquid Milk Replacers Market has been analyzed through the following segments:

By product type

Medicated

Non-Medicated

By livestock

Calves

Piglets

Others

By Geography

North America

USA