Global Liquid Feed Supplements Market - 2023-2030

Global Liquid Feed Supplements Market - 2023-2030

Global Liquid Feed Supplements Market reached US$ 4.80 billion in 2022 and is expected to reach US$ 7.55 billion by 2030, growing with a CAGR of 5.84% during the forecast period 2023-2030.

The global liquid feed supplements market has witnessed significant growth over the years, They are highly used in livestock and pet diets, as they are formulated to provide all the essential nutrients, which helps in enhancing the reproduction, milk production, and overall health of animals. Also, they help in increasing the palability of feed. Hence, such factors can help in driving the global liquid feed supplements market.

Furthermore, the government also implemented some training programs to help the farmers for the adoption of these feed supplements. For instance, the National Livestock Mission of the Department of Animal Husbandry and Dairying, Government of India, 2021 implemented a special training program on all the aspects of animal husbandry practices including animal feed production. Hence, such initiatives can help in increasing the adoption rate of liquid feed supplements.

The mineral liquid feed supplements hold the maximum share, as well as Asia-Pacific region has the largest market share, India is the third largest fish-producing country, contributing 8 percent to global fish production, and ranks second in aquaculture production, India remains the largest consumer of these feeds, as the production rate is higher.

Dynamics

Demand for meat consumption

The demand for meat consumption is high. For instance, according to a USDA report In 2021, 68.1 pounds of chicken, 56.2 pounds of beef, and 47.5 pounds of pork per person were available for consumption in the United States. Hence, such high consumption rates can help in increasing the adoption of liquid feed supplements in animal diets.

Furthermore, poultry industries are highly adopting these as dietary supplements in animal feeds, as they enhance animal feed nutrition by providing all the essential nutrients, which can help in improving the growth and development of animals. Hence such factors help in increasing the market growth.

Government Schemes

As the demand for liquid feed supplements is increasing among the farmers and poultry industries, many country governments have implemented schemes that may offer subsidies to encourage farmers and livestock producers to use special feed supplements. hence, it can help in increasing the adoption rate.

Furthermore, the government of India implemented the National Livestock Mission Scheme which provides a 50% capital subsidy to the beneficiaries of setting up feed/fodder value addition units, as well as the Animal Husbandry Infrastructure Development Fund for the establishment of animal feed manufacturing plants. Hence, such initiatives can help in increasing the market growth.

Lack of Awareness

Farmers and livestock producers who are not aware of the benefits and proper usage of liquid feed supplements are less likely to incorporate these products into their animal husbandry practices, this could limit the adoption rate, hence less awareness can cause limitation of the market to smaller bases and hamper the market growth.

Segment Analysis

The global liquid feed supplements market is segmented based on type, source, distribution channel, livestock, and region.

Increase in Demand for Effective Animal Nutrition

The mineral segment holds the maximum global liquid feed supplements market share. These are designed to provide a readily available mineral, which helps in promoting the growth, reproduction, and overall performance of animals, it also helps in improving feed efficiency. Hence, such factors can help in increasing the market growth.

Furthermore, many companies are highly investing in these liquid feed supplements, to produce innovative products. For instance, Dakotaland Feeds company produces Bloat Control 50 plus Bovactec, it is a liquid feed supplement that contains magnesium, calcium, other minerals, and trace elements. It helps in improving growth rate and feed efficiency and offers assistance in the control of bloat symptoms by manipulating rumen microbes. Hence, such products can help in increasing the market growth.

Geographical Penetration

Higher Number of Poultry Industries in Asia-Pacific

The Asia-Pacific region holds the largest share of the global liquid feed supplements market, as the demand for the production and consumption rates are high in this region, poultry industries and farmers are adopting these liquid feed supplements in animal feed as they provide all the essential nutrients, which helps in increasing the growth and productivity of animals. Hence, such factors can help in increasing the market growth.

Furthermore, the consumers in this region are highly adopting animal-based meat and their products, which increases the production demand. For instance, the Ministry of Fisheries, Animal Husbandry & Dairying, Government of India, report of 2023, the fish production in 2021-22 is 16.24 million Tones comprising marine fish production of 4.12 million Tones and 12.12 million Tones from Aquaculture in India.

Additionally, according to the Department of Agriculture, Fisheries, and Forestry report of 2023, the Value of poultry meat production to be $3.5 billion in 2022–23 and $3.6 billion in 2023–24. The value of pork meat production is to be $1.7 billion in 2022–23 and $1.8 billion in 2023–24, in Australia. Hence, such high production rates can help in increasing the adoption rate.

Competitive Landscape

The major global players in the market include LEO BIO-CARE PVT. LTD., AusFarm Nutrition Products, Quality Liquid Feed Quality Liquid Feeds, Bundaberg Molasses, Dallas Keith, Dakotaland Feeds, Novus International, Inc, Hindustan Therapeutics(p) ltd., Vaishnavi Bio-Tech International Limited, and ANICARE.

COVID-19 Impact Analysis

The pandemic has brought unprecedented challenges for industries worldwide, including the global liquid feed supplements market, it has brought a disruption in the supply chain, as many manufacturing companies were shut down due to government lockdown restrictions which decreased the availability of raw materials in the market, this had shown a negative impact on market growth.

By Type
• Protein
• Minerals
• Vitamins
• Others

By Source
• Molasses
• Corn
• Urea
• Others

By Distribution Channel
• E-Commerce
• Hypermarkets/Supermarkets
• Specialty Stores
• Others

By Livestock
• Ruminants
• Poultry
• Swine
• Aquaculture
• Others

By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Italy
Russia
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
• Middle East and Africa

Key Developments
• In May 2023, Evonik launched the Biolys formulation contains 62.4% L-lysine (an 80% ratio to Lysine HCl) compared to the current version’s 60% L-lysine (a 77% ratio to Lysine HCl). The product also contains valuable components resulting from its fermentation process additional nutrients and energy that further benefit livestock such as swine or poultry.
• In March 2022, Wynnstay acquires Humphrey feeds and pullets. The acquisition will significantly extend our trading footprint in the south of England, enlarge our market share of poultry feed, a key target sector for U.S customers to increase our feed manufacturing capacity, and bring additional farmer customers.

Why Purchase the Report?
• To visualize the global liquid feed supplements market segmentation based on type, source, distribution channel, livestock, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of liquid feed supplements market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global liquid feed supplements market report would provide approximately 69 tables, 72 figures and 186 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies