Global Liquid Feed Market - By Ingredients, Supplements, Animal Type & Geography- Trends & Forecasts (2015 -2020)
Liquid feed are used by the farmers since long time. Over the period of two decades the industry has matured and innovative products exist in the market which is the result of industry-based research. The global liquid feed market was worth at $998.2 million at the end of 2015. With increased industrial livestock production the market is forecasted to grow at the CAGR of 4.3% during the forecast period of 2015-2020. The market is forecasted to be worth over $1229.7 million in 2020. The major reason behind the growth of the market is increased rate of consumption of meat and meat products. Growth in adoption of intensive farming system in Asia-Pacific region is generating demand for liquid feed. Easy availability of raw materials is helping the manufacturers to maintain steady supply and increase production capacity. However rising costs of feed raw materials which are used to manufacture molasses and additives is restraining the growth of the market. North America is the largest producer and consumer of liquid feed. U.S. is the major market in North America and holds more than half of the market share. European market is expected to grow at the CAGR of 3.9% as more numbers of farmer are getting aware about the benefits of liquid feed which are reduced labour and comparatively cheaper availability of nutrients. Asia-Pacific is forecasted to be the fastest growing region due to rising consumption of meat & dairy products and rise in adoption of intensive farming system. Australia and China are the biggest producers in the region. The growth in liquid feed equipment industry is expected to bring positive trend in Brazil and subsequently in South America. Urea is the most widely used ingredient in liquid feed and accounts for around 60% of the market share. Trace minerals and vitamins are estimated to witness the fastest growth rate as the manufacturers are focused on enhancing the quality of product. Ruminant segment is the major consumer of liquid feed and accounts for the 58% of the market share closely followed by poultry feed. Cattle feed is the largest consumer in ruminant feed industry and accounts for around 90% of the market share. Aquafeed industry is the potential market estimated to grow at the fastest CAGR of 4.2% during the period under study. The key players in the market are focused on new product development and setting up new plant to increase production capacity. Investment in production process is another strategy adopted by manufacturers to reduce cost of production and cater to the increasing demand. The major players in the market are Cargill Inc., Quality Liquid Feeds, Archer Daniels Midland etc. In this report we offer • Market analysis for the Global Liquid Feed Market, with region specific assessments and competition analysis on global and regional scales. • Market definition along with the identification of key drivers and restraints • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale • Extensively researched competitive landscape section with profiles of major companies along with their market shares • Identification and analysis of the macro and micro factors that affect the RGlobal Liquid Feed Market on both global and regional scales • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market • Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped 2.To gain wide ranging information about the major players in this industry and the strategies adopted by them. 3.To gain an insight about the major countries/regions in which this industry is blooming and also identify the regions which are untapped.