The Global Liquid Milk Replacers Market - Forecast to 2026 by Livestock and Type - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 21, 2019--The “Liquid Milk Replacers - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Liquid Milk Replacers market accounted for $193.26 million in 2017 and is expected to reach $331.47 million by 2026 growing at a CAGR of 6.2% during the forecast period.
Increasing consumption of dairy products and acceptance of precision nutrition techniques are some factors impacting the market growth. However, factors such as preservation and logistical advantages associated with powdered milk replacers are hampering the market.
Amongst types, non medicated segment accounted for considerable market share during predicted period. This is owing to the fact that infant livestock are being fed with milk replacers for the first 6-8 weeks of their birth. Non-medicated liquid milk replacers are fed to livestock infants for the first 1-2 weeks of their birth to protect them from diseases or certain deficiencies.
Based on geography, Europe is the key revenue contributor to the market during the forecast period owing to increasing demand for milk and milk products among consumers in this region.
Livestocks Covered:Lambs Puppies Foals Kittens Piglets Calves Other Livestocks
Types Covered:Non-Medicated Medicated
Companies Profiled:Liprovit Glanbia Nutreco Cargill Petag Calva Products Land O’Lakes Archer Daniels Midland Company Lactalis Group CHS
For more information about this report visit https://www.researchandmarkets.com/research/39m3rl/the_global_liquid?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190121005186/en/
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Related Topics:Animal Feedstuffs
INDUSTRY KEYWORD: NATURAL RESOURCES AGRICULTURE
SOURCE: Research and Markets
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PUB: 01/21/2019 06:58 AM/DISC: 01/21/2019 06:58 AM