Global Milk Replacer Market Growth 2023-2029
Milk Replacer is a consistent quality feed to meet the growth and development targets of the young calf, lamb, piglet or other young animals.
LPI (LP Information)' newest research report, the “Milk Replacer Industry Forecast” looks at past sales and reviews total world Milk Replacer sales in 2022, providing a comprehensive analysis by region and market sector of projected Milk Replacer sales for 2023 through 2029. With Milk Replacer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Milk Replacer industry.
This Insight Report provides a comprehensive analysis of the global Milk Replacer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Milk Replacer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Milk Replacer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Milk Replacer and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Milk Replacer.
The global Milk Replacer market size is projected to grow from US$ 3487.5 million in 2022 to US$ 4700.7 million in 2029; it is expected to grow at a CAGR of 4700.7 from 2023 to 2029.
Global Milk Replacer key players include Glanbia, Bewital Agri, VanDrie, Lactalis, ADM, etc. Global top five manufacturers hold a share about 30%. Europe is the largest market, with a share about 75%, followed by North America, with a share about 20 percent. In terms of product, Whey Based is the largest segment, with a share about 85%. And in terms of application, the largest application is Calf, followed by Lamb, Piglet, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Milk Replacer market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Whey Based
Skim Based
Segmentation by application
Calf
Lamb
Piglet
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cargill
ADM
CHS
Land O’Lakes
Glanbia
Lactalis
VanDrie
FrieslandCampina
Nutreco
Alltech
Nukamel
Bewital Agri
Milk Products
Volac
Veanavite
Interchem (Ireland)
Calva Products
American Calf Products
Honneur
ProviCo
Key Questions Addressed in this Report
What is the 10-year outlook for the global Milk Replacer market?
What factors are driving Milk Replacer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Milk Replacer market opportunities vary by end market size?
How does Milk Replacer break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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