A mixture of several supplements, nutrients and raw materials used to feed the livestock is known as a liquid feed. This liquid feed may be obtained from animals and plants, or from the industry by-products. The liquid feed is a complete diet of nutritious elements. It consists of high values of nutrients such as minerals, proteins, vitamins that are essential for healthy growth and wellness of animals. Liquid feed enhances palatability of the feed, improves metabolism in the livestock.
The rise in consumption of meat, poultry and dairy products, growing concern an outbreak of animal diseases are witnessed to fuel liquid feed market globally. Furthermore, growing domestic and international quick-service restaurants in developing countries and demand for high-quality meat products by consumers are the factors bolstering liquid feed market. Moreover, growing appetite for high-protein diets has positive influence on liquid feed market. However, the rise in the cost of raw materials and concerns about product viability are expected to hamper the growth of the liquid feed market.
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The Global Liquid Feed Market is classified on the basis of ingredients, livestock and geographical regions.
Based on ingredients, it is segmented as
• Corn Steep Water Molasses
• Whey
• Supplements
• Others
Based on livestock, it is segmented as
• Ruminant
• Aquaculture
• Poultry
• Swine
• Others
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Geographically Global Liquid Feed Market is segmented as Latin America, North America, Asia-Pacific, The Middle East & Africa and Europe. Europe is the largest market in liquid feed market owing to increase in adoption of intensive agriculture systems, high consumption of pork and beef. North America is one of the largest market for the liquid feed market as the U.S. is the largest producer of liquid feed globally. Asia-Pacific is anticipated to show a significant growth rate due to surge in demand for meat and meat products, increase in economic development, growing population of livestock.
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Some of the players in global liquid feed market are Archer Daniels Midland Company (U.S.), Cargill, Incorporated (U.S.), Land O’Lakes Inc. (U.S.), GrainCorp Ltd. (Australia). BASF SE (Germany), Evonik Industries AG, Novozymes (DENMARK), DSM (NETHERLANDS), Dupont (U.S), Nutreco (Netherlands).
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