Liquid Feed Industry size was valued at USD 90.31 Bn. in 2023 and the total revenue is expected to grow at 6% through 2024 to 2030, reaching nearly USD 135.79 Bn.

Market Overview:

Liquid feed market supplements are divided into two categories: blended liquid supplements and liquid suspension supplements. These supplements have less dry matter than sugar, and their higher moisture content makes them easier to inject.

Furthermore, liquid feed increases dairy and meat production, resulting in increased income for livestock farmers. To fulfil the increased demand for protein-rich goods, the demand for liquid feed is increasing.

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Healthy benefits and cost reduction

Liquid feed supplements are the most cost-effective way to reduce dairy farm feed costs by enhancing feed digestion and feed utilisation ratios, as well as providing adequate nutritional supplementation to cattle. Especially following the shutdown, the industry has begun to grow rapidly, allowing most of the sector's major competitors to make additional liquid feed items.

The liquid feed supplements contain molasses, which is healthier for the cattle and has a high bio-availability, therefore producers add this liquid feed to improve palatability and lower feed costs, which is expected to drive the market.

COVID-19 Impact on Liquid Feed Market

COVID-19 has caused lockdowns in key ports and cities around the world. It has also led in the temporary closure of corporate centres and manufacturing facilities. As a result, prices for liquid feed and its basic materials have risen. During the COVID-19 pandemic, however, demand for liquid feed remains stable because it is classified as a vital commodity for animal nutrition. During the COVID-19 outbreak, food and feed are considered crucial categories.

The removal of transportation and import/export restrictions on vital goods may help the market supply of liquid feed. Furthermore, rising consumer health concerns as a result of an increase in COVID-19 cases may contribute to increased demand for animal and meat-based goods.

Market Segment Analysis:

Based on Type, the liquid feed market is segmented into Proteins, Minerals, Vitamins, and others on the basis of type. During the projected period, 2024-2030, the protein segment is expected to dominate the liquid feed market. Proteins are an essential ingredient that all animals require for optimum nourishment. Proteins and other components are necessary as building blocks for the most of animal tissues and organs. As a result, protein plays an important function in animal nutrition for tissue growth and regeneration. Protein, on the other hand, is the most expensive component in an animal's diet and cannot be substituted with any other nutrient or element. Vitamins are necessary for animal growth and development, as well as acting as a defence against germs, viruses, and parasites.

Based on Ingredients, The liquid feed market is segmented into Molasses, Corn, Urea, and others on the basis of ingredients. The molasses-based liquid feed market accounted for the highest proportion, with a CAGR of over 5.5 percent during the forecast period. Molasses is particularly successful in increasing dairy cow herd milk output on a low-cost silage and cake system with minimal investment. Furthermore, molasses feeds have a great palatability, making them an excellent addition for animal feed and contributing to the nutritional value of the feed.

Based on Animal type, The liquid feed market is segmented into Ruminant, Poultry, Swine, Aquaculture, and others on the basis of animal type. The ruminant segment has dominated the market in 2023 and is set to have the fastest growth during the forecast period 2024-2030, due to an increase in ruminant farms worldwide and an increase in demand for their products. Increased demand for poultry meat has prompted liquid feed supplement makers to create new supplements for poultry growth, potentially boosting the market even more.

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Key Players

1.Liquid Feeds International (Canada)
2. Alliance Liquid Feeds LLC (US)
3. Voermol Feeds (South Africa)
4. Double S Liquid Feed Services, Inc (US)
5. Cargill, Incorporated (U.S.)
6. Archer Daniels Midland Company (U.S.)
7. Land O’Lakes Inc. (U.S.)
8. BASF SE (Germany)
9. GrainCorp Ltd. (Australia)
10. Agridyne LLC (UK)
11. Cattle-Lac Liquids Inc. (US)
12. Dallas Keith Ltd. (UK)
13. Foster Farms (US)
14. Midwest Liquid Feeds (US)
15. Performance Feeds (US)
16. Quality Liquid Feeds, Inc. (US)

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