The liquid feed supplements market is projected to grow at a CAGR of 5.5% from 2015 to reach a projected value of USD 5.53 Billion by 2020.

Northbrook, IL -- (SBWire) -- 01/24/2019 --The report "Liquid Feed Supplements Market by Type (Protein, Minerals, Vitamins, and Others), Source (Molasses, Corn, Urea, and Others), Livestock (Ruminants, Poultry, Swine, Aquaculture, and Others), and by Region - Global Forecast to 2020", The liquid feed supplements market is projected to grow at a CAGR of 5.5% from 2015 to reach a projected value of USD 5.53 Billion by 2020.

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Owing to the increasing demand for products derived from livestock, rising awareness about animal health & feed quality, a solution to poor pasture, increasing availability of liquid by-products, and R&D activities in the animal feed industry. Hence, liquid feed supplements will be viewed as a business opportunity in the next five years as many multinational players have entered the production of various types of liquid feed supplements products.

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Some of the prominent key players are:
- Cargill
- Incorporated (U.S.)
- Archer Daniels Midland Company (U.S.)
- Land O'Lakes Inc. (U.S.)
- BASF SE (Germany)
- GrainCorp Ltd. (Australia)

Significant growth in liquid feed supplements, especially molasses, was observed in the Asia-Pacific region

The molasses segment is mainly driven by the adoption of liquid feed supplements in emerging countries such as India, China, Brazil, and Japan. Further, the technological advancements, increasing awareness, improving financial condition of farmers, and affordability are changing in these developing countries, which drive the market for liquid feed supplements in these countries. Majority of the liquid feed supplements market in developing nations is still untapped and has a huge potential to grow. Thus, there will be significant growth in the Asia-Pacific and European regions.

The ruminants market led the livestock segment of liquid feed supplements

The demand for liquid feed supplements in the ruminants segment is projected to increase as the demand for meat and meat products is increasing globally, especially from the growing economies such as China, India, and Brazil.

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Key to success in the Asia-Pacific region

In 2014, Asia-Pacific dominated the market and accounted for the largest market share globally. China constituted the largest country market in the Asia-Pacific region in 2014. Rapid economic development in the region and increasing demand of meat has led to a wide-scale usage of liquid feed supplements. Continuous increase in livestock population in the last few years is the cause for increase in demand for liquid feed supplements sources, which will continue in future as well.

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