Liquid Feed Market Analysis, By Type (Protein, Minerals, Vitamins, and Others), By Ingredients (Molasses, Corn, Urea, and Others), By Livestock (Ruminants, Poultry, Swine, Aquaculture, and Others), and Regional Forecast, 2024-2032

The global liquid feed market size is expected to grow at a heathy CAGR over the estimated period. The rise is due to the increasing concerns for animal nutrition and the increasing demand for nutritionally rich products amongst consumers. Liquid feed is derived from raw materials sourced from plants, animals, or other numerous sources, and are later used as feed for livestock. Liquid feed supplements act as an alternative transporter for fulfilling the range of fat, protein, and fermentable carbohydrates content in farm animals.

Moreover, the feed provides a vast range of benefits such as increased digestibility rate, strong reproductive performance, minimal waste production, and excellent method to provide complementary vitamins and minerals. All these benefits act as major forces propelling the global liquid feed market growth.

The feed helps in reducing the farm feed costs by improving the feed utilization, bio-availability, and digestion. It is further useful in maintaining the quality of feed by making them healthier and nutritionally rich for the animals. The growing concern for the occurrence of animal diseases and the mounting demand for premium quality poultry, seafood, or other animal-based products are additional factors spurring liquid feed market share.

The increased globalization of the animal nutrition business, increased health-conscious population, and ever-growing demand for value-added animal-based products is propelling the market growth. However, the long storage of the feed supplements contributes to the loss of amino acids and vitamin content, hindering the market expansion.

Impact of COVID-19 on the Liquid Feed Market

The COVID-19 outbreak severely impacted the market. Due to the worldwide lockdown, a chronic disruption has been observed in the production, demand, and manufacturing capabilities of the industries. As a result, the cost prices of raw materials increased. Also, the strict restrictions on export or import facilities and the lower demand for liquid feed due to the financial crisis amongst the growers have also affected the market expansion. During the pandemic, a tilt has been observed in the consumption and demand of animal-based products due to the rising fear of transmission of the virus via poultry or other animal products.

All these factors significantly impacted the market sales. Although, with the fading effects of the pandemic, the demand for dairy and meat or meat products is significantly increasing.

Key Insights

The report will cover the following key insights:

• Overview of feed supplements market


• Drivers, restraints, and opportunities


• Key trends and innovations


• Regulatory analysis


• Impact of COVID-19 on the liquid feed market  

Analysis by Type

Based on type, the global market is segmented into protein, minerals, vitamins, and others. Liquid feed consists of proteins, minerals, and vitamins, which adds nutritional content to the feed, enhancing the digestibility rate and livestock appetite. In addition, the feed helps in improving the overall health and wellness of the livestock. When mixed with dry feed, it provides an ample amount of essential nutrients, thus fulfilling the daily requirements of the livestock. The market is growing due to the consumers' rising demand for proteinaceous products.

Regional Analysis

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North America is expected to hold the highest share in the global market. This can be attributed to the soaring demand for eggs, meat, and meat-based products in the region. Furthermore, the growing demand for protein-rich products and raw material accessibility and affordability to the customers further fuels the market growth in the region.

On the contrary, Asia Pacific is projected to witness a stable growth, primarily due to the rising practice of aquaculture in countries such as India and China. The escalated demand for premium quality meat or meat products and the emerging benefits of liquid feed are driving the market growth.

Key Players

The report includes the profiles of key players such as BASF SE (Germany), DLG Group (Denmark), Cargill Incorporated (U.S.), Grain Corp. Ltd. (Austria), Land O' Lakes (U.S.), BEC Feed Solutions (Australia), Archer Daniels Midland Company (U.S.), and Midwest Liquid Feeds.

Segmentation

Key Industrial Developments

• June 2019: Land O' Lakes Inc. announced collaboration with Agrilakes, one of the leading enterprises to establish a dairy-based animal feed joint. The venture is set up in China and focuses on expanding its business line by focusing on partnering with local companies to strengthen the feed supplements industry across the globe.


• April 2019: Archer Daniels Midland Company announced the launch of its new livestock-based feed manufacturing venture in North America. The company had already invested in increasing its animal nutrition-based business.