Market Outlook
Calf milkreplacer is providing a convenient way to feed pre-ruminant calves. The calfmilk replacer is formulated with quality ingredients which include fat, proteinand other nutritive ingredients including additives. Calf milk replacercontains less fat than whole milk and is enriched with minerals, vitamins, andother nutritional elements. Calf milk replacer is available in liquid andpowder forms, the availability of the product in powder form makes it easy foruse. The powdered form can be easily mixed with water or whole milk prior tofeeding and can be stored for a long period. The milk calf replacer offers alonger shelf life in comparison to whole milk. Globally the calf milk replacerhas been witnessing continued growth since last few years. Growing awarenessamong the dairy farmers regarding the potential of product is driving themarket of calf milk replacer. The manufacturers of calf milk replacer aredesigning products to support the enteric and overall health of the calf duringthe early days of life. The calfmilk replacer market is expected to demonstrate an exceptional CAGRwhile achieving rapid growth in the market over the forecast period.
Calf Milk Replacer is expected toGain Traction in Nutraceuticals
The calfmilk replacer is less expensive as compared to whole cow’s milk resulting inhigher growth rates of the market. The manufacturers are investing in researchand development to develop technologies to provide products to support guthealth and boost immunity. The calf milk replacer is providing digestibleproteins, fortified vitamins, organic selenium for optimal absorption andutilization and essential trace minerals. A young calf can grow well whenreared on milk replacer and their rumens can develop just as well as they wouldon a diet of whole milk. The calf milk replacers are also helpful for avoidingthe risk of digestive upsets and scours. It also reduces the risk of diseasetransfer from cow to calf. The calf milk replacers are best suited forautomated calf feeding systems. Increasing awareness, prosperity, enormouspurchasing power and the consolidated nature of the animal products industry isthe major driver of the market demand. The global rise in the consumption ofanimal products is positively influencing the growth of the calf milk replacermarket.
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Calf Milk Replacer Market: Key Players
CargillInc., Lactalis Group, Land O'lakes, Inc., Archer Daniels Midland Company,Frieslandcampina, Roquette Frères, Glanbia PLC, Bewital Agri GmbH & CompanyKg, Chr Hansen Inc., Sonac, Lactalis Group and others. More regional playersare expected to enter the market of milk calf replacer, making the market morecompetitive over the forecast period.
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Calf Milk Replacer MarketOpportunities
The keymarket players of calf milk replacer are focusing to enhance the brand name andso are promoting their products on various platforms. The manufacturers arealso strategizing to increase the popularity of the product among the consumerby creating awareness and providing knowledge. Moreover, the key companies areheavily investing in research and development process to introduce a newproduct with new targets. The inclination of the organization (Dairyorganization of Australia) in the market is reinforcing the level of expansionthat can be achieved in the current market scenario. The market is at thetopmost production level and will be able to make better worth for thecompanies in the market and its shareholders. Europe is expected to emerge as aleader with the most significant market share of the global calf milkreplacers. Asia Pacific region is expected to be the fastest-growing regionowing to the ever-growing dairy industry in various countries of the region
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