(MoneyNewsWire.Net, December 08, 2017 ) North America Liquid Feed Supplements Market was valued at USD 1.08 billion in 2016 and is estimated to be growing at a CAGR of 5.7%, to reach USD 1.42 billion by 2021. The market is predicted to show significant growth during the mentioned forecasting period. It continues to grow with the development and rising awareness in the animal healthcare sector.
Liquid feed supplements are the synthetic food additives which contain protein, minerals and other nutrition required by animals. Liquid feed supplements are added in the daily diets of pigs, cows, bulls, chickens and aquatic animals. They are mostly carried by the molasses which serve as transporting medium for giving energy to the livestock and also increase food palatability.
The major factors which drive the growth of North America Liquid Feed Supplements Market are the rising meat consumption, growing awareness regarding meat quality and increasing usage of animal products like leather, milk and several others. The constraints for this market majorly include regulations imposed by governments as well as insufficient awareness among people of certain regions.
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The North America Liquid Feed Supplements Market is segmented on the basis of Type into Protein, Minerals, Vitamins and Others. On the basis of Source, the market is categorized as Molasses, Corn, Urea and Others, wherein the Molasses segment holds the highest share among all others. On the basis of Livestock, the market is segmented as Ruminants, Poultry, Swine, Aquaculture and Others. The ruminants segment holds the highest share for liquid feed additives owing to rising meat consumption lately.
On the basis of geography, the market is analysed under the regions U.S.A and Canada. These countries are undergoing huge development in the animal healthcare sector and the market is expected to yield large amounts of revenue in the future years to come.
Market Segmentation:
1 Type
1.1 Introduction
1.2 Protiens
1.3 Minerals
1.4 Vitamins
1.5 Others
1.6 Y-o-Y Growth Analysis, By Type
1.7 Market Attractiveness Analysis, By Type
1.8 Market Share Analysis, By Type
2 Source
2.1 Introduction
2.2 Molasses
2.3 Corn
2.4 Urea
2.5 Others
2.5 Y-o-Y Growth Analysis, By Source
2.6 Market Attractiveness Analysis, By Source
2.7 Market Share Analysis, By Source
3 Livestock
3.1 Introduction
3.2 Ruminants
3.3 Poultry
3.4 Swine
3.5 Aquaculture
3.6 Others
3.7 Y-o-Y Growth Analysis, By Livestock
3.8 Market Attractiveness Analysis, By Livestock
3.9 Market Share Analysis, By Livestock
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Some of the major companies dominating the market, by their products and services are Cargill Inc., Wesway Products, Cattle-Lac Liquid feed and Midwest liquid feeds.
Scope of the report:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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