Liquid Feed Supplements Market

Global Liquid Feed Supplements Market Size (2024 to 2032)

The global liquid feed supplements market was valued at USD 4.83 billion in 2023 and is anticipated to reach USD 5.10 billion in 2024 from USD 7.89 billion by 2032, growing at a CAGR of 5.6% from 2024 to 2032.

The market is expected to show significant potential during the mentioned forecasting period. The market continues to gain momentum with the rapid increase in awareness about animal health. Liquid feed supplements are food substances that contain protein, minerals, and other nutritional elements that are required in the food of livestock. Liquid feed supplements are generally added to the daily food for different animal species, such as swine, cattle, chickens, and aquatic animals. They are normally associated with molasses which act as the carrier medium for the provision of energy to the livestock and also increase food palatability.

The major driving factors for the market of liquid feed supplements are the rising use of products obtained from livestock, increasing awareness regarding animal health and nutrition are given to them, ease of availability of liquid feed supplements, and development in research activities in the animal healthcare industry. However, constraints like regulations by agencies and lack of awareness in certain areas are restricting the growth of this market.

REPORT COVERAGE

REGIONAL ANALYSIS

As of 2016, the Liquid Feed Supplements Market was dominated by the Asia-Pacific region. The continuous economic development in this region and rising demand for meat has resulted in increased usage of liquid feed supplements. The gradual increase in the livestock population is also leading to the growth of the Liquid Feed Supplements market, which is expected to continue in the future years as well.

KEY MARKET PLAYERS

GrainCorp Ltd. (Australia), Cargill, Incorporated (U.S.), Land O’Lakes Inc. (U.S.), Archer Daniels Midland Company (U.S.), and BASF SE (Germany). Are some of the market players dominating the global liquid feed supplement market.

DETAILED SEGMENTATION OF THE GLOBAL LIQUID FEED SUPPLEMENTS MARKET INCLUDED IN THIS REPORT

This research report on the global liquid feed supplements market is segmented and sub-segmented into the following categories.

By Type

• Protein
• Minerals
• Vitamins

By Source

• Molasses
• Corn
• Urea

By Livestock

• Ruminants
• Poultry
• Swine
• Aquaculture

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• The Middle East and Africa