Milk Replacers Market - Global Industry Analysis

Milk Replacers Market – By Type (Medicated and Non-Medicated), By Livestock (Ruminants and Swine), By Source (Milk-Based, Blended, and Non Milk-Based), By Form (Liquid and Powdered), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Published Date: 07-May-2021 Category: Food & Beverage Report Format : PDF Pages: 150 Report Code: ZMR-6223 Status : Published

The global Milk Replacers market, which was estimated at about 2.5 (USD Billion) in 2019 and is predicted to accrue earnings worth 6.1 (USD Billion) by 2026, is set to record a CAGR of nearly over 7.9% during 2020-2026.

Description

The global Milk Replacers market, which was estimated at about 2.5 (USD Billion) in 2019 and is predicted to accrue earnings worth 6.1 (USD Billion) by 2026, is set to record a CAGR of nearly over 7.9% during 2020-2026. The report offers valuation and analysis of Milk Replacers market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

Milk Replacers Market: Overview

Milk replacers are manufactured by making use of many of the raw materials and these products mimic high nutritive values of milk of the cattle. They are then fed to calves when milk in its natural form is unavailable. Apart from this, the product plays a major role in improving the calf health and prevents rate of malnourishment as well as malnutrition in calves. Furthermore, with reduced raw material costs, these products will add to the profits of cattle owners and will drive the market trends. Milk replacers help the calves to absorption of large number of nutrients by their digestive system of the without affecting it.

Market Dynamics

Escalating awareness pertaining to benefits accrued from use of milk substitutes will increment market size over the span of next few years. In addition to this, milk replacers have lesser fat contents in comparison to other forms of milk and this will enhance the product penetration across the globe in the next couple of years. Apparently, milk replacers possess large proportion of mineral constituents and vitamins. Furthermore, neonatal cattle are unable to digest soybean or corn and hence milk replacers are best alternatives for it.  Additionally, these products are cost-efficient and this will drive the business growth. Surge in the incidences of nutritive mismatches during initial phase of birth of cattle offspring will further contribute towards industry expansion in the years ahead.

Moreover, acceptance of precision nutrition methods coupled with rise in the mortality of animal calves will help in building a profitable growth trajectory for milk replacers market. In addition to this, surge in the milk costs will further enhance the product demand, thereby bolstering the business across the globe.

Asia Pacific Market To Record Fastest Growth Over 2020-2026

The expansion of Milk Replacers market in Asia Pacific zone over forecast timeline is attributed to rise in the need for high quality livestock for milk and meat. Apart from this, including of nutritive ingredients in diet of calves will further drive the regional market growth. In addition to this, upswing in the urbanization across the region will upsurge the industry revenue across the region over the upcoming years. Cost benefits accrued due to use of milk replacers will create lucrative growth avenues for the industry in the sub-continent over the years ahead.

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Key market players profiled in the report are CHS Inc., Cargill, Land O’Lakes Inc., Archer Daniel Midland, and Glanbia Plc.

The global Milk Replacers Market is segmented as follows:

By Livestock

  • Ruminants
  • Swine

By Type

  • Medicated
  • Non-Medicated

By Source

  • Milk-Based
  • Blended
  • Non Milk-Based

By Form

  • Liquid
  • Powdered

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Milk Replacers Market, 2016–2026(USD Billion)
    • 2.2. Milk Replacers Market: Snapshot
  • Chapter 3. Global Milk Replacers Market– Industry Analysis
    • 3.1. Milk Replacers Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Acceptance of precision nutrition methods coupled with rise in the mortality of animal calves will help in building a profitable growth trajectory for milk replacers market.
      • 3.2.2. Surge in the milk costs will further enhance the product demand, thereby bulstering the business across the globe.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Livestock
      • 3.4.2. Market attractiveness analysis By Type
      • 3.4.3. Market attractiveness analysis By Form
      • 3.4.4. Market attractiveness analysis By Source
  • Chapter 4. Global Milk Replacers Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Milk Replacers Market: company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Milk Replacers Market– Livestock Analysis
    • 5.1. Global Milk Replacers Market overview: By Livestock
      • 5.1.1. Global Milk Replacers Market share, By Livestock , 2019 and 2026
    • 5.2. Ruminants
      • 5.2.1. Global Milk Replacers Market by Ruminants, 2016–2026(USD Billion)
    • 5.3. Swine
      • 5.3.1. Global Milk Replacers Market by Swine, 2016–2026(USD Billion)
  • Chapter 6. Global Milk Replacers Market– Type Analysis
    • 6.1. Global Milk Replacers Market overview: By Type
      • 6.1.1. Global Milk Replacers Market share, By Type, 2019 and 2026
    • 6.2. Medicated
      • 6.2.1. Global Milk Replacers Market by Medicated, 2016–2026(USD Billion)
    • 6.3. Non-Medicated
      • 6.3.1. Global Milk Replacers Market by Non-Medicated, 2016–2026(USD Billion)
  • Chapter 7. Global Milk Replacers Market– Source Analysis
    • 7.1. Global Milk Replacers Market overview: By Source
      • 7.1.1. Global Milk Replacers Market share, By Source, 2019 and 2026
    • 7.2. Milk-Based
      • 7.2.1. Global Milk Replacers Market by Milk-Based, 2016–2026(USD Billion)
    • 7.3. Blended
      • 7.3.1. Global Milk Replacers Market by Blended, 2016–2026(USD Billion)
    • 7.4. Non Milk-Based
      • 7.4.1. Global Milk Replacers Market by Non Milk-Based, 2016–2026(USD Billion)
  • Chapter 8. Global Milk Replacers Market– Form Analysis
    • 8.1. Global Milk Replacers Market overview: By Form
      • 8.1.1. Global Milk Replacers Market share, By Form, 2019 and 2026
    • 8.2. Liquid
      • 8.2.1. Global Milk Replacers Market by Liquid, 2016–2026(USD Billion)
    • 8.3. Powdered
      • 8.3.1. Global Milk Replacers Market by Powdered, 2016–2026(USD Billion)
  • Chapter 9. Company Profiles
    • 9.1. CHS, Inc.
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product Portfulio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Cargill
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product Portfulio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Land O’Lakes, Inc.
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product Portfulio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Development
    • 9.4. Archer Daniel Midland
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product Portfulio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Development
    • 9.5. Glanbia Plc
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product Portfulio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development

Methodology


Frequently Asked Questions

Escalating awareness pertaining to benefits accrued from use of milk substitutes will increment market size over the span of next few years. In addition to this, milk replacers have lesser fat contents in comparison to other forms of milk and this will enhance the product penetration across the globe in the next couple of years. Apparently, milk replacers possess large proportion of mineral constituents and vitamins. Furthermore, neonatal cattle are unable to digest soybean or corn and hence milk replacers are best alternatives for it.  Additionally, these products are cost-efficient and this will drive the business growth. Surge in the incidences of nutritive mismatches during initial phase of birth of cattle offspring will further contribute towards industry expansion in the years ahead.

According to Zion market research report, the global Milk Replacers market, which was estimated at about 2.5 (USD Billion) in 2019 and is predicted to accrue earnings worth 6.1 (USD Billion) by 2026, is set to record a CAGR of nearly over 7.9% during 2020-2026.

Asia Pacific will contribute lucratively towards the global market size over the estimated timeline. The regional market surge is due to rise in the need for high quality livestock for milk and meat. Apart from this, including of nutritive ingredients in diet of calves will further drive the regional market growth. In addition to this, upswing in the urbanization across the region will upsurge the industry revenue across the region over the upcoming years. Cost benefits accrued due to use of milk replacers will create lucrative growth avenues for the industry in the sub-continent over the years ahead.

The key market participants include CHS Inc., Cargill, Land O’Lakes Inc., Archer Daniel Midland, and Glanbia Plc.

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