Asia-Pacific Liquid Feed Market

Asia-Pacific Liquid Feed Market (2023 to 2028)

The Asia-Pacific Liquid feed market is expected to be valued at USD 2.82 billion in 2023 and is projected to reach USD 3.97 billion by 2028, growing at a CAGR of 7.1% during the forecast period from 2023 to 2028.

Liquid feeds are a balanced Protein-Energy supplement that is designed to supply a wide array of rumen-friendly nutrients into the diet. The feeds can be offered according to different palatability to control the intake of cattle. Some of the products are furnished with carbon skeletons for the ammonia to avoid any toxic reactions under normal feeding conditions when the feed is fed.

Technological advancements, increasing awareness, improving the financial condition of farmers, and affordability are changing in the developing countries of the Asia-Pacific region, which are driving the market for liquid feed supplements in these countries.

However, there is a huge constraint on market growth due to the poor economic climate of the countries, where the farmers can hardly afford advanced products due to strict regulations on the prices.

This research report on the Asia-Pacific liquid feed market is segmented and sub-segmented into the following categories:

Asia-Pacific Liquid Feed Market - By Ingredient Type:

• Urea
• Phosphoric Acid
• Vitamins
• Trace Minerals
• Fats

Asia-Pacific Liquid Feed Market - By Animal Type:

• Ruminant
• Swine
• Poultry
• Aquaculture
• Others

Ruminant is the major consumer segment of liquid feed followed by poultry feed. The most widely used ingredient in the liquid feed market is urea.

Asia-Pacific Liquid Feed Market - By Country:

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

Geographically Asia-Pacific market for Liquid feed is segmented into China, India, Japan, Thailand, Vietnam, Australia, and others. Asia-Pacific is forecasted to be the fastest-growing region due to the rising consumption of meat & dairy products and the rise in the adoption of intensive farming systems. Australia and China are the biggest producers in the region. China is the leading liquid feed consumer in the region because of increased meat production in the country. India is the second largest consumer of liquid feed in this region.

KEY MARKET PLAYERS:

Quality Liquid Feeds and Archer Daniels Midland are the most active companies and have adopted research, investment and acquisition as the growth strategy. Other major companies in the Asia-Pacific market include Cargill Inc., Westway Feed Products, Graincro, Liquid Feeds International, Midwest Liquid Feeds, Cattle-Lac Liquid Feed, Agridyne LLC, Ridley Corporation Ltd, Master Feeds and Revering (Australia) Pty Ltd.