(MoneyNewsWire.Net, October 12, 2017 ) According to the report North America Liquid feed Market, published by Market Data Forecast, the Market has been estimated at USD 1.46 Billion in 2016 and is projected to reach USD 1.79 Billion by 2021, at a CAGR of 4.2% during the forecast period from 2016 to 2021. Liquid feed supplements are nutrient dense, and are applied to enhance ration utilization by stimulating rumen function, improving fiber digestibility, reducing ration sorting, enhancing feed intake and adding palatability. Liquid Feed Supplements provide rumen-available carbohydrate, through sugars, and protein from natural and non-protein nitrogen sources.
Increased rate of consumption of meat and meat products, easy availability of raw materials which is helping the manufacturers to maintain steady supply and increase production capacity and the demand for liquid feed supplements in the ruminant segment are some of the crucial factors that are driving the liquid feed market growth in North America. But the rising costs of raw materials and stringent regulations for government over the pricing of products is hindering the liquid feed market growth.
Browse market data tables and in-depth TOC of the North America Liquid feed Industry to 2021 @ http://www.marketdataforecast.com/market-reports/north-america-liquid-feed-market-411/
North America market for Liquid feed is segmented into ingredient type, animal type and geography. Each of these are further sub-segmented as follows: Ingredient type- Urea, Phosphoric Acid, Vitamins, Trace Minerals, Fats, Others and 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 is Urea in liquid feed market. Urea is the largest segment in Canada Liquid Feed Market. Poultry feed industry is the major market within Mexico accounting for more than 50% of the market.
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Geographically North America market for Liquid feed is segmented into US and Canada. North America is the largest market for liquid feed. U.S. is the largest market for liquid feed industry within North America. Mexico imports feed from U.S.
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Quality Liquid Feeds and Archer Daniels Midland are the most active companies and adopted research, investment and acquisition as the growth strategy. Other major companies in the North American 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.
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