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(MoneyNewsWire.Net, December 07, 2017 ) Liquid supplements help farmers get the very most out of their valuable pasture land. The supplement actually stimulates beneficial bacteria in the cattle rumen, allowing the animal to break down grass roughage faster and easier. Organic proteins in the proper balance with non-protein nitrogen is used to assure the highest utilization of feedstuffs.
Rapid economic development in the region and increasing demand of meat has led to a wide-scale usage of liquid feed supplements. Continuous increase in livestock population is causing an increase in demand for liquid feed supplements sources. These factors are fuelling the market growth in European countries. But changing financial climate can affect the pricing of the products which in-return can hinder the market growth.
Europe market for Liquid feed is segmented into ingredient type, animal type and geography. Each of these are further sub-segmented as follows: Ingredient type- Urea, Phosphoric Acid, Vitamins, Trace Minerals, Fats, Others and Animal type- Ruminant, Swine, Poultry, Aquaculture, Others. Ruminant is the major consumer segment of liquid feed followed by poultry feed. The most widely used ingredient is Urea in liquid feed market.
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Geographically Europe market for Liquid feed is segmented into Spain, France, Germany, Italy, UK, Russia and others. European Liquid feed market is highly price sensitive due to the large number of suppliers. Germany, Spain and Russia are the major markets accounting for around 40% of the total market share. European market is expected to grow at the CAGR of 4.1% as more numbers of farmer are getting aware about the benefits of liquid feed which are reduced labour and comparatively cheaper availability of nutrients.
Quality Liquid Feeds and Archer Daniels Midland are the most active companies and adopted research, investment and acquisition as the growth strategy. Other major companies in the European market include Cargill Inc., Westway Feed Products, Graincro, Liquid Feeds international, Midwest Liquid Feeds, Cattle-Lac Liquid Feed, Agridyne LLC, Ridley Corporation Ltd, Master feeds and Revering (Australia) Pty Ltd.
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