The global calf milk replacers market was worth US$ 2.45 Billion in the year 2021 and is expected to reach US$ 7.25 Billion by the year 2032 at a CAGR of 7.5% between 2022 and 2032.
Calf milk replacers are proving to be a simpler alternative to cow’s milk; and also a better way of preventing transmission of ailments through milk. Research states that intake of nutrients from the calf milk replacers bolsters pre-weaning daily gain.
Out of medicated and non-medicated milk replacers, the medicated one is preferred by the animal husbandry sector owing to concerns revolving around diseases of calves. The non-medicated ones are preferred due to the affordability factor involved herein.
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These days, sorghum is used as an ingredient in calf milk replacers. In all, they could contain protein, fat, and additives. It’s interesting to learn that calf milk replacers do contain lesser fat as compared to the whole milk. The powdered form is easier to transport and preserve. That’s why it’s in good demand. The liquid form is comparatively perishable.
The manufacturers are emphasizing on creative formulations that are expected to promulgate the calf milk replacer market share.
At the same time, the fact that tropical dairy farmers hardly use calf milk replacers can’t be ignored. This could be attributed to the fact that they are not convinced about usage of trans-species milk. Also, increasing concerns regarding sufferings of animals in dairy sector coupled with impact on animal farming have resulted in shifting away from the animal-based products. These factors may restrain the calf milk replacers market going forward.
Future Market Insights has entailed these facts with future perspectives in its latest market study entitled ‘Calf Milk Replacers Market’. It has its team of analysts and consultants to deploy a 360-degree view in its primary, secondary, and tertiary modes of research.
“With growing awareness about minimization of transmission of diseases through milk, the global calf milk replacers market is expected to go great guns in the near future”, says an analyst from Future Market Insights.
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Key Takeaways from Calf Milk Replacers Market
- Europe holds the largest market share due to the region witnessing promotion of veganism.
- North America and the Asia-Pacific are expected to grow in the calf milk replacers market on the similar grounds.
Competitive Replacers
- Cargill Health Technologies (Cargill Animal Nutrition and Cargill Aqua Nutrition), in September 2019, got introduced to Cargill’s reorganized animal nutrition division.
- Royal FrieslandCampina N.V., in October 2019, inked an agreement with Royal A-ware for expanding production as well as delivery of mozzarella cheese.
What does the Report state?
- The research study is based on ingredient type (all milk protein and alternative protein), by nature type (conventional and organic), by form type (reconstituted liquid and dry powder), and by sales channel (institutional/B2B and household/retail).
- With greater focus on production of nutrient-rich formula followed by health-promoting advantages, the global calf milk replacers market is expected to grow on an impertinent note going forward.
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The report covers exhaustive analysis on:
- Calf Milk Replacers Market Segments
- Market Dynamics
- Calf Milk Replacers Market Size
- Supply and Demand
- Current Trends/Issues/Challenges pertaining to Calf Milk Replacers Market
- Competition Landscape and Emerging Market Participants in Calf Milk Replacers Market
- Technology related to Production/Processing of Calf Milk Replacers
- Value Chain Analysis of the Calf Milk Replacers Market
The regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.
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