The Business Research Company’s report on the Milk Replacers Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How have key drivers contributed to the rapid growth of the milk replacers market?
The rapid growth in the usage of dairy products is expected to propel the growth of the milk replacer market going forward. Dairy products are milk and any meal manufactured from milk, such as butter, cheese, ice cream, yogurt, and condensed and dried milk. Due to rapid population growth, changing dietary habits, and increasing awareness of the health benefits of dairy products, consumers are shifting towards the use of dairy products. To meet the growing demand for dairy products, milk replacers can be used to as a substitute for milk, which will drive the growth of the market. For instance, in November 2023, according to the International Dairy Foods Association, a US-based trade association, cheese consumption set an all-time high in 2022 to reach nearly 42 pounds per person, a half-pound per person increase from 2021. Therefore, the rapid growth in the usage of dairy products is driving the growth of the milk replacer market.
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How has the milk replacers market size evolved, and what are the latest forecasts for its expansion?
The milk replacers market size has grown strongly in recent years. It will grow from$4.24 billion in 2024 to $4.62 billion in 2025 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to rising milk prices, increased livestock productivity, disease prevention, increasing demand for animal protein, droughts and feed shortages, livestock health management
The milk replacers market size is expected to see strong growth in the next few years. It will grow to “$6.6 billion in 2029 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to sustainability and environmental concerns, government initiatives and regulations, innovations in nutritional science, use in non-traditional livestock species, focus on animal welfare. Major trends in the forecast period include specialized formulas for different species, innovation in ingredients and formulations, sustainable sourcing and production, technological advancements in processing, customization for health and performance, digitalization in animal nutrition.
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Which major companies dominate the milk replacers market?
Major companies operating in the milk replacers market include Cargill Incorporated, Archer Daniels Midland Company, CHS Inc., Alltech Inc., Nutreco Holding N.V., Glanbia Public Limited Company, Land O’Lakes Creameries Inc., Groupe Lactalis SA, Van Drie Holding BV, BEWITAL agri GmbH & Co. KG, Nukamel B.V., Kent Nutrition Group, Calva Products LLC, Hi-Pro Feeds LP, Milk Products LLC, Manna Pro Products LLC, Pet-Ag Inc., Lactalis Group, Royal FrieslandCampina N.V., Liprovit BV, Trouw Nutrition, Volac International Limited, Nor-Feed Sud, Bonanza Calf Nutrition, Merrick’s Inc., Grober Nutrition, Agribrands Purina Canada Inc., Koninklijke DSM N.V., ForFarmers NV, Harbro Nutrition Inc.
What trends will shape the future of the milk fat fractions market?
Nutrition-based product enhancement is a key trend gaining popularity in the milk replacer market. Major companies operating in the milk replacer market are focused on enhancing the nutritional profile of milk replacers through the addition of key nutrient content to sustain their position in the market. For instance, in February 2024, Mole Valley Farmers, a UK-based agricultural supply and rural retailing company, launched ProtéGo, a calf formula designed to enhance calf health and growth. Inspired by colostrum the first milk produced by mammals ProtéGo contains essential bioactive components that support gut and immune system development. The formula guarantees levels of immunoglobulins, lactoferrin, and Milk Fat Globule Membrane (MFGM), all of which are vital for boosting disease resilience and promoting better weight gain in calves.Formulated with carefully selected, low heat-treated dairy ingredients, ProtéGo aims to increase daily weight gain, particularly during the early weeks of life. The unique composition provides the energy and protein essential for the healthy growth of calves.
Which region dominates the milk replacers market, and what factors contribute to its leadership?
Asia-Pacific was the largest region in the milk replacers market in 2024. The regions covered in the milk replacers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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How is the milk replacers market segmented, and which segment holds the largest share?
The milk replacers market covered in this report is segmented –
1) By Type: Medicated, Non-Medicated
2) By Source: Milk-Based, Non-Milk-Based, Blended
3) By Form: Powder, Liquid
4) By Livestock: Ruminants, Swine, Equine, Pets, Other Livestock
5) By Distribution Channel: Online Retailing, Super market, Hyper market, Convenience Stores, Other Distribution Channels
Subsegments:
1) By Medicated: Antibiotic-Based Replacers, Antioxidant-Enriched Replacers, Nutritional Supplements
2) By Non-Medicated: Soy-Based Milk Replacers, Whey-Based Milk Replacers, Casein-Based Milk Replacers, Plant-Based Milk Replacers
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How is the milk replacers market defined?
Milk replacers are specially formulated products made from a combination of ingredients that mimic the composition of milk, such as milk proteins, fats, and carbohydrates. It is typically used as a substitute for milk in foods where more protein and less lactose are preferred.
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