Asia Pacific Animal Milk Replacer Market

Asia Pacific Animal Milk Replacer Market Size, Share & Industry Trends Analysis Report By Type, By Distribution Channel, By Form (Solid and Liquid), By Animal Type (Calf, Small Animal, Kitten, Foal, Pig, Puppies), By Country and Growth Forecast, 2022 - 2028

Report Id: KBV-11677 Publication Date: October-2022 Number of Pages: 93
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Market Report Description

The Asia Pacific Animal Milk Replacer Market would witness market growth of 4.8% CAGR during the forecast period (2022-2028).

Recent research has sought to establish a link between average daily gain or consumption and future milk production. Mammary gland milk-producing tissue was 5.9 times bigger in calves fed higher amounts of milk replacer based on metabolizable energy, showing that higher protein intake from milk replacer was advantageous to mammary gland growth throughout the pre-weaning period. 14 The evaluation of data from a university herd and a commercial herd also revealed that greater average daily growth during the pre-weaning period resulted in an increase of between 850 and 1,113 kg of milk per kg of pre-weaning gain when the calves became cows. 15 Other scholars have assessed feed consumption about future productivity.

Researchers analyzed nine research and discovered that during the predominant period, an average daily growth between 0.3 and 0.5 kg/d had minimal impact on future milk output. 16 However, they discovered that the first-lactation milk production was increased when the average daily growth before weaning was between 0.5 and 0.9 kg/d. These researchers also discovered that other farm management factors impacted the milk output of the first lactation. 16 In a separate study, researchers found that for each kilogram of average daily increase during the first six to eight weeks of life, an extra 544 kg of milk was produced throughout the first lactation.

India is first in milk production, contributing 23 percent of the world's total. The country's milk output will reach 209.96 million tonnes in 2020-21, up from 146.31 million tonnes in 2014-15, due to a compound annual growth rate of roughly 6.2%. Uttar Pradesh (14.9%, 31.4 MMT), Rajasthan (14.6%, 30.7 MMT), Madhya Pradesh (8.6%, 18.0 MMT), Gujarat (7.6%, 15.9 MMT), and Andhra Pradesh (7.0%, 14.7 MMT) are the top five milk-producing states. In June 2020, the Government of India in conjunction with the Department of Animal Husbandry and Dairying announced a $ 2.1 billion infrastructure development fund with an interest subsidy scheme to encourage private investment in dairy, meat processing, and animal feed plants, which is expected to generate 3.5 million jobs.

The China market dominated the Asia Pacific Animal Milk Replacer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $571.9 million by 2028. The Japan market is exhibiting of 4.2% during (2022 - 2028). Additionally, The India market would experience a CAGR of 5.5% during (2022 - 2028).

Based on Type, the market is segmented into Dairy Based, Animal Based, Plant Based, Pre-Mixed and Others. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Specialty Stores, E-commerce and Others. Based on Form, the market is segmented into Solid and Liquid. Based on Animal Type, the market is segmented into Calf, Small Animal, Kitten, Foal, Pig, Puppies and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Animal Milk Replacer Market is Projected to reach USD 5.5 Billion by 2028, at a CAGR of 4.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Royal FrieslandCampina N.V., Glanbia PLC, Koninklijke DSM N.V., Cargill Corporation, Alltech, Inc., Liprovit BV, Manna Pro Products LLC, and Beaphar B.V.

Scope of the Study

Market Segments Covered in the Report:

By Type

  • Dairy Based
  • Animal Based
  • Plant Based
  • Pre-Mixed
  • Others

By Distribution Channel

  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • E-commerce
  • Others

By Form

  • Solid
  • Liquid

By Animal Type

  • Calf
  • Small Animal
  • Kitten
  • Foal
  • Pig
  • Puppies
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Royal FrieslandCampina N.V.
  • Glanbia PLC
  • Koninklijke DSM N.V.
  • Cargill Corporation
  • Alltech, Inc.
  • Liprovit BV
  • Manna Pro Products LLC
  • Beaphar B.V.
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