(MoneyNewsWire.Net, December 05, 2017 ) Global Liquid Feed Supplements Market was worth USD 3.88 billion in 2016 and estimated to be growing at a CAGR of 5.6%, to reach USD 5.1 billion by 2021. 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 which 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 acts as the carrier medium for provision of energy to the livestock and also increase food palatability
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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 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.
The global Liquid Feed Supplements Market is segmented on the basis of Type into Protein, Minerals, Vitamins and Others. On the basis of Source, the market is segmented as Molasses, Corn, Urea and Others, wherein the Molasses segment accounts for the highest share among all others. On the basis of Livestock, the market is segmented as Ruminants, Poultry, Swine, Aquaculture and Others. The ruminants segment has the highest demand for liquid feed additives due to increase in meat eating population these days.
1.6 Y-o-Y Growth Analysis, By Type
1.7 Market Attractiveness Analysis, By Type
1.8 Market Share Analysis, By Type
2.5 Y-o-Y Growth Analysis, By Source
2.6 Market Attractiveness Analysis, By Source
2.7 Market Share Analysis, By Source
3.7 Y-o-Y Growth Analysis, By Livestock
3.8 Market Attractiveness Analysis, By Livestock
3.9 Market Share Analysis, By Livestock
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On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. As of 2016, the Liquid Feed Supplements Market was dominated by 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 livestock population is also leading to the growth of Liquid Feed Supplements market, which is expected to continue in the future years as well.
Scope of the report:
∑ Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
∑ Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
∑ Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
∑ Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
∑ Study the micro environment factors that determine the overall profitability of an Industry, using Porterís five forces analysis for analysing the level of competition and business strategy development
∑ A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
∑ Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
∑ An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
∑ Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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Some of the major companies dominating the market, by their products and services GrainCorp Ltd. (Australia), Cargill, Incorporated (U.S.), Land OíLakes Inc. (U.S.), Archer Daniels Midland Company (U.S.) and BASF SE (Germany).
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