Calf Milk Replacers Market: Global Industry Analysis and Forecast (2024-2030)
Calf Milk Replacers Market size was valued at USD 3.66 Bn. in 2023 and the Calf Milk Replacers revenue is expected to grow at a CAGR of 6.85% from 2024 to 2030, reaching nearly USD 5.82 Bn. by 2030.
Format : PDF | Report ID : SMR_1977
Calf Milk Replacers Market Overview:
The growing calf population and the rising demand for and use of whole milk in the dairy sector have boosted the demand for ready-to-consume calf milk replacers. Most dairy calves raised all over the globe fed milk replacer during the liquid feeding period prior to weaning. Economics, convenience and biosecurity are among the major factors that make milk replacer feeding desirable to calf growers. Feeding dairy calves with milk replacer is usually cheaper than feeding them with saleable whole milk. Calves are more prone to diseases due to their low resistance. Disease organisms such as Johne’s, Bovine Viral Diarrhea, Bovine Leukosis Virus, pasteurella, salmonella, E. coli and mycoplasma can be transmitted from the cow to her calf through unpasteurized milk. Biosecurity and disease prevention issues are major reasons for the popularity and use of milk replacers.
The Calf Milk Replacers market provides market size, share, scope, growth, and potential of the industry. It offers valuable in application to help businesses identify opportunities and potential risks within the market. Also the global Calf Milk Replacers market research reports provide detailed analysis of market conditions, trends, challenges, and recommendations for stakeholders in the industry.
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Calf Milk Replacers Market Dynamics:
Rising Demand for Nutrient-Enriched Calf Milk Replacers in East Asia
The Sales of calf milk replacers are prejudiced by a number of factors such as major changes in the domestic and International economic situations, and a general knowledge about their nutritional qualities. Consequently, the demand for calf milk replacers which have easily digestible protein, enriched vitamins plus critical trace elements to enhance their assimilation is on the increase. East Asia is a region that displays the largest increase in opportunity anticipated globally from the period till the end of the forecast for the reasons associated with milk farming witnessing rapid growth in numerous states within it. In Addition, in 2020, by Type, the segment associated with powder will register 95% of the market value share, implying growth expectation, and this is because calf milk replacer powder has longer shelf life span thereby making it easier to use.
Challenges Hindering Switch to Calf Milk Replacers: Quality Concerns and Awareness Gaps
One of the important factor that makes it difficult for customers to make a switch from whole milk rearing systems to calf milk replacers is the variable quality of products. The quality of calf milk replacers can be significantly affected due to the quality of ingredients used, natural composition, and manufacturing processes. Calf milk replacers may not be sterile and may support bacterial growth and get contaminated. The lack of awareness and quality issues faced by farmers are the prominent restraining factors for the growth of the calf milk replacers market. A majority of farmers in tropical regions are unaware of the profitability and benefits of rearing calves on calf milk replacers. They still consider the traditional method of usage of waste milk or trans-species milk to feed calves. Supplies of calf milk replacers are often unpredictable in many tropical regions, which makes it difficult for customers to get easy access to these products.
Calf Milk Replacers Market Segment Analysis:
By Type, The calf milk replacers market offers a variety of types, including powdered and liquid formulations. Powdered replacers are convenient for storage and transportation, requiring mixing with water before feeding, while liquid replacers offer immediate use but require refrigeration and have a shorter shelf life. Both types aim to provide essential nutrients for calf growth and development, catering to diverse farmer needs globally. The liquid category generated the most income. The demand for dairy products is quickly expanding, particularly in industrialized nations, due to technological advances, increased awareness of nutritional advantages, and increased need for quality products to combat disease and urbanization.
Calf Milk Replacers Market Regional Insight:
Calf milk replacers have gained a lot of popularity in North America and Europe because dairy farming in these regions tends to emphasize more on precise feeding as well as health care. Replacers have been quite widely adopted across these regions partly because they are well backed up with established distribution networks and awareness development initiatives. In contrast, variable product quality, limited awareness among farmers, unpredictable supply chains are some of the challenges faced in tropical regions such as parts of Asia, Africa, and South America that prevent widespread adoption nonetheless, increased globalisation leading to knowledge transfer has created possibilities of market expansion within such areas as well.
Calf Milk Replacers Market Competitive Landscape:
- In April 2018, Form-A-Feed is excited and proud to unveil our new calf program, Prime Life. The Prime Life program was developed to provide livestock with high quality nutrition during the prime stages of their life. Starting out as young, healthy, growing calves, that successfully transition into strong production animals, the Prime Life program is designed to optimize nutrition throughout each life stage.
- In October 2021, BASF SE launched the trinamiX mobile Near Infrared (NIR) spectroscopy solution for the feed industry, streamlining on-site analysis of animal feed and ingredients. This innovation eliminates the need for customers to send samples to laboratories, providing a faster and more convenient testing process, consequently attracting more customers across the value chain.
Calf Milk Replacers Market Scope:
Calf Milk Replacers Market |
|
Market Size in 2023 |
USD 3.66 Bn. |
Market Size in 2030 |
USD 5.82 Bn. |
CAGR (2024-2030) |
6.85 % |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segments |
By type Liquid Powdered |
By Application Supermarket/Hypermarket Speciality Retailers Convenience Stores E-commerce |
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Calf Milk Replacers Market Key Players:
- Milk Products LLC
- Archer Daniels Midland Company
- Cargill Inc. (U.S.),
- Land O'lakes Inc. (U.S.),
- ADM Animal Nutrition
- Kent Nutrition Group
- Purina Animal Nutrition LLC
- Merrick's Inc.
- Manna Pro Products, LLC
- Animix LLC
- Vitality Science
- Progressive Dairy Solutions
- Grober Nutrition, Inc.
- Hubbard Feeds
- Trouw Nutrition
- Provimi
- Nukamel B.V.
- Nutrifeed
- Trouw Nutrition
- VZolac International
- XX Ltd
Frequently Asked Questions
To maintain the quality of milk and protecting it from contamination are the challenge in the Calf Milk Replacers Market.
The Market size was valued at USD 3.66 Billion in 2023 and the total Market revenue is expected to grow at a CAGR of 6.85 % from 2024 to 2030, reaching nearly USD 5.82 Billion.
The segments covered in the market report are by type and by Application.
1. Research Methodology
1.1 Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Down Approach
1.3. Market Breakdown and Data Triangulation
1.4. Research Assumption
2. Calf Milk Replacers Market: Executive Summary
2.1. Market Overview
2.2. Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments and Regions
3. Global Calf Milk Replacers Market: Competitive Landscape
3.1. SMR Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Product Segment
3.2.4. End-user Segment
3.2.5. Y-O-Y%
3.2.6. Revenue (2023)
3.2.7. Profit Margin
3.2.8. Market Share
3.2.9. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
3.4.1. Strategic Initiatives and Developments
3.4.2. Mergers and Acquisitions
3.4.3. Collaborations and Partnerships
4. Calf Milk Replacers Market: Dynamics
4.1. Calf Milk Replacers Market Trends by Region
4.1.1. North America
4.1.2. Europe
4.1.3. Asia Pacific
4.1.4. Middle East and Africa
4.1.5. South America
4.2. Calf Milk Replacers Market Drivers
4.3. Calf Milk Replacers Market Restraints
4.4. Calf Milk Replacers Market Opportunities
4.5. Calf Milk Replacers Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1. Intensity of the Rivalry
4.6.2. Threat of New Entrants
4.6.3. Bargaining Power of Suppliers
4.6.4. Bargaining Power of Buyers
4.6.5. Threat of Substitutes
4.7. PESTLE Analysis
4.7.1. Political Factors
4.7.2. Economic Factors
4.7.3. Social Factors
4.7.4. Technological Factor
4.7.5. Legal Factors
4.7.6. Environmental Factors
4.8. Technological Roadmap
4.9. Value Chain Analysis
4.10. Regulatory Landscape
4.10.1. Market Regulation by Region
4.10.1.1. North America
4.10.1.2. Europe
4.10.1.3. Asia Pacific
4.10.1.4. Middle East and Africa
4.10.1.5. South America
4.10.2. Government Schemes and Initiatives
5. Calf Milk Replacers Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
5.1. Calf Milk Replacers Market Size and Forecast, by Type (2023-2030)
5.1.1. Liquid
5.1.2. Powdered
5.2. Calf Milk Replacers Market Size and Forecast, by Application (2023-2030)
5.2.1. Supermarket/Hypermarket
5.2.2. Speciality Retailers
5.2.3. Convenience Stores
5.2.4. E-commerce
5.3. Calf Milk Replacers Market Size and Forecast, by Region (2023-2030)
5.3.1. North America
5.3.2. Europe
5.3.3. Asia Pacific
5.3.4. Middle East and Africa
5.3.5. South America
6. North America Calf Milk Replacers Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
6.1. North America Calf Milk Replacers Market Size and Forecast, by Type (2023-2030)
6.1.1. Liquid
6.1.2. Powdered
6.2. North America Calf Milk Replacers Market Size and Forecast, by Application (2023-2030)
6.2.1. Supermarket/Hypermarket
6.2.2. Speciality Retailers
6.2.3. Convenience Stores
6.2.4. E-commerce
6.3. North America Calf Milk Replacers Market Size and Forecast, by Country (2023-2030)
6.3.1. United States
6.3.2. Canada
6.3.3. Mexico
7. Europe Calf Milk Replacers Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
7.1. Europe Calf Milk Replacers Market Size and Forecast, by Type (2023-2030)
7.2. Europe Calf Milk Replacers Market Size and Forecast, by Application (2023-2030)
7.3. Europe Calf Milk Replacers Market Size and Forecast, by Country (2023-2030)
7.3.1. United Kingdom
7.3.2. France
7.3.3. Germany
7.3.4. Italy
7.3.5. Spain
7.3.6. Sweden
7.3.7. Austria
7.3.8. Rest of Europe
8. Asia Pacific Calf Milk Replacers Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
8.1. Asia Pacific Calf Milk Replacers Market Size and Forecast, by Type (2023-2030)
8.2. Asia Pacific Calf Milk Replacers Market Size and Forecast, by Application (2023-2030)
8.3. Asia Pacific Calf Milk Replacers Market Size and Forecast, by Country (2023-2030)
8.3.1. China
8.3.2. S Korea
8.3.3. Japan
8.3.4. India
8.3.5. Australia
8.3.6. Indonesia
8.3.7. Malaysia
8.3.8. Vietnam
8.3.9. Taiwan
8.3.10. Rest of Asia Pacific
9. Middle East and Africa Calf Milk Replacers Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
9.1. Middle East and Africa Calf Milk Replacers Market Size and Forecast, by Type (2023-2030)
9.2. Middle East and Africa Calf Milk Replacers Market Size and Forecast, by Application (2023-2030)
9.3. Middle East and Africa Calf Milk Replacers Market Size and Forecast, by Country (2023-2030)
9.3.1. South Africa
9.3.2. GCC
9.3.3. Nigeria
9.3.4. Rest of ME&A
10. South America Calf Milk Replacers Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
10.1. South America Calf Milk Replacers Market Size and Forecast, by Type (2023-2030)
10.2. South America Calf Milk Replacers Market Size and Forecast, by Application (2023-2030)
10.3. South America Calf Milk Replacers Market Size and Forecast, by Country (2023-2030)
10.3.1. Brazil
10.3.2. Argentina
10.3.3. Rest Of South America
11. Company Profile: Key Players
11.1. Milk Products LLC
11.1.1. Company Overview
11.1.2. Business Portfolio
11.1.2.1. Product Name
11.1.2.2. Product Details (Price, Features, etc.)
11.1.3. Financial Overview
11.1.3.1. Total Revenue
11.1.3.2. Segment Revenue
11.1.3.3. Regional Revenue
11.1.4. SWOT Analysis
11.1.5. Strategic Analysis
11.1.6. Recent Developments
11.2. Archer Daniels Midland Company
11.3. Cargill Inc. (U.S.),
11.4. Land O'lakes Inc. (U.S.),
11.5. ADM Animal Nutrition
11.6. Kent Nutrition Group
11.7. Purina Animal Nutrition LLC
11.8. Merrick's Inc.
11.9. Manna Pro Products, LLC
11.10. Animix LLC
11.11. Vitality Science
11.12. Progressive Dairy Solutions
11.13. Grober Nutrition, Inc.
11.14. Hubbard Feeds
11.15. Trouw Nutrition
11.16. Provimi
11.17. Nukamel B.V.
11.18. Nutrifeed
11.19. Trouw Nutrition
11.20. VZolac International
11.21. XX Ltd
12. Key Findings
13. Analyst Recommendations
13.1. Strategic Recommendations
13.2. Future Outlook