(EMAILWIRE.COM, August 16, 2019 ) The report "Milk Replacers Market by Type (Medicated, and Non-Medicated), Livestock (Ruminants, and Swine), Source (Milk-based, Non milk-based, and Blended), Form (Powdered, and Liquid), and Region - Global Forecast to 2022"

The Milk Replacers Market is projected to grow at a CAGR of 7.59% from 2017, to reach a projected value of USD 3.54 Billion by 2022. The market has been gaining importance due to the increase in milk prices, growth in awareness regarding the benefits of the milk replacer products, adoption of precision nutrition techniques, and concerns about mortality and health-related aspects of the livestock.

Browse 73 market data tables and 70 figures spread through 151 pages and in-depth TOC on "Milk Replacers Market- Global Forecast to 2022"

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“Non-medicated milk replacers segment accounted for the largest share in the milk replacers market in 2016”
The non-medicated milk replacers segment accounted for the largest share in the milk replacers market in 2016. The upsurge in demand for non-medicated milk replacers is attributed to its lower prices and ease of availability of raw materials. The demand in developing countries such as Brazil, India, and China is increasing as livestock bearers are cost-conscious and the dairy farming industry is being increasingly organized.

“Milk-based replacers segment accounted for the largest share in the milk replacers market in 2016”
The milk-based replacers are considered ideal as the digestive system of offspring is adapted to function on milk, which helps to absorb maximum nutrition from the milk-based replacers. These replacers are mostly used in developed countries due to high awareness among livestock rearers regarding the benefits of milk-based replacers.

“Europe accounted for the largest milk replacers market in 2016”
The European region was accounted for the largest market for milk replacers due to the focus of the European Commission on reducing input costs and enhancing animal health in the early stages of growth. The increase in use of scientific methods of livestock rearing due to modernization of the livestock industry is fueling the demand for milk replacers in the region.

Based on source, the milk replacers market is segmented as milk-based, non-milk-based, and blended. Milk-based replacers formed the largest segment among the sources. Milk-based replacers are most commonly used to feed livestock offspring, as their digestive systems are adapted to function on milk, and thus, these replacers are ideal alternatives for whole milk to provide essential nutrition to baby mammals. These replacers are mostly used in developed countries, including the U.S., Germany, and Spain, primarily due to high awareness about the benefits of milk-based replacers.

The inclusion of antibiotics remains a matter of concern and is one of the major challenges faced by the milk replacers market. Antibiotics are added to some milk replacer products, mainly because producers usually rear their own livestock on-farm, and new diseases can be introduced through bought-in animals. Regular use of antibiotics increases the risk of cull calves being sold for slaughter with detectable levels of antibiotic residues in their carcasses. The EU banned the use of antibiotics in 2006; however, in the U.S., antibiotics are commonly added to milk replacers in an attempt to protect calves from infection.

Key players such as include Cargill (US), Archer Daniel Midland (US), CHS Inc. (US), Land O’Lakes Inc. (US), and Glanbia Plc (Ireland) have a strong presence in the Americas, followed by the Asia-Pacific region. These companies are focusing on strategizing their growth plans to expand their operations in the milk replacers market.

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