The increasing prices of milk, globally, is giving helping the milk replacers market grow steadily as the nutritional value of milk replacers get better with advanced research and innovative ideas getting into action. The production output of milk is rising in US and Europe, which is good news, but the pricing of milk is rising at almost the same levels. Wikipedia
says “based on dried milk powder, milk replacer is an economical alternative to feeding whole milk because it is cheaper, can be bought at varying fat and protein percentages, and is typically less contaminated than whole milk when handled properly”.
Advantages that milk replacers market products bring to table are not limited to cost-savings and increasingly better nutritional aspects of milk replacer products. Developed countries have seen growth of milk based replacers as farmers and those into rearing are aware about benefits of these products to the offspring. It is natural that offspring are habituated to milk and replacers based on milk are easier for them to digest. The product types of milk replacers market include medicated and non-medicated segmentation. Medicated milk replacers are growing real fast and forecasts say they will lead overall industry growth in next few years. On the other hand non-medicated milk replacers market segment enjoys the benefit of growing adoption in emerging economies due to their lower pricing as well as vast availability of raw materials.
The R&D happening in milk replacers market across the globe is helping players come up with products that match nutrition levels as well as address topics of livestock health and age related issues. For example, a trial proved benefits of beef production of once-a-day milk replacer feeding
early this year and is helping quite a few. Powdered milk replacers and liquid milk replacers market products are gaining traction not only due to nutritional values but also their ease of management. Regionally, Europe leads the current milk replacers market share with growing importance given to organizing industry practices. At the same time, APAC is expected to move ahead of Europe in terms of growing milk replacers market size in the next few years. Local businesses becoming aware about worldwide successful livestock rearing practices and cost benefits of milk replacers are driving factors for the Asia Pacific region to grow faster than others.
Governments across multiple countries are ensuring there are enough policies in place to ensure the milk replacers market does not get adulterated, to the extent feasible. With industry innovations and newer techniques, regulators are keeping themselves updated to keep a check on factors that do not harm the lil ones. There have been cases of usage of antibiotics, which directly and negatively impact the health of animals. These factors seem to be pulling back the growth of milk replacers market by a couple of steps against the desired pace. Regional and local companies are playing a huge role in global industry as this fragmented market sees a range of different drivers and trends in different countries.
eMarketOrg.com has the latest business intelligence study titled “Global Milk Replacers Market Research Report 2017
” published in May 2017 and spread across 115 pages supported with 131 data tables and figures. Talking about companies like Cargill, Vandrie Group, Archer Daniels Midland Company, Nutreco N.V., CHS Inc., Land O’lakes, Inc, Nukamel B.V., Glanbia, PLC, Frieslandcampina, Lactalis Group, Alltech, and Bewital Agri GmbH & Company Kg, this research offers production, price, revenue (value) and milk replacers market share for each of these manufacturers. Offering data spread across a decade from 2012 to 2022, the report provides production, consumption and revenue (million USD) numbers for United States, EU, China, Japan, South Korea and India. This report focuses on the status and outlook for major applications / end users including Ruminants, Swine and others with data about consumption (sales), market share and growth rate of milk replacers for each application. Complete report is available at http://emarketorg.com/pro/global-milk-replacers-market-research-report-2017/