Combination of Eco-friendly Practices and Advanced Nutritional Science Leading to Higher Consumption of Calf Milk Replacers: Fact.MR Report
Combination of Eco-friendly Practices and Advanced Nutritional Science Leading to Higher Consumption of Calf Milk Replacers: Fact.MR Report
The global calf milk replacer market is projected at a value of US$ 1.67 billion in 2024, according to a newly published study compiled by Fact.MR, a market research and competitive intelligence provider. Revenue from the sales of calf milk replacers is forecasted to increase at a CAGR of 4.1% from 2024 to 2034.
A combination of advanced nutritional science and eco-friendly practices in producing calf milk replacers are driving global market growth. In addition, the active involvement of more farmers in large-scale dairying enterprises looking for nutritious and economical alternative feeds is driving demand for calf milk replacers.
With the evolution of dairy farming, it is becoming more important to replace calf milk. This is stimulating manufacturers of calf milk replacers to come up with more specialized blends offering specific nutritional food options. Some of the leading market players are investing highly in improving their product offerings with easily digestible and nutritious substitutes for conventional milk. Increasing R&D funding is set to boost the production of calf milk replacers with improved nutrients.
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Key Takeaway from Market Study:
“Focus on technological innovations in food production, particularly in the United States, enhancing the nutritional profiles of calf milk replacers,”says a Fact.MR analyst.
Cable Modem Termination System Market:
Archer Daniels Midland Company; The Calf Company; Cargill, Incorporated; BIOMIN Holding GmbH; Procalf; Land O’Lakes, Inc.; Calva Products, LLC; FrieslandCampina N.V.; Liprovit BV; Volac International Ltd.; SHV Holdings; Franson Ltd.; Denkavit International B.V.; Bonanza Calf Nutrition Ltd.; Mannapro; Auctus.
High Consumption of Calf Milk Replacers in United States Due to High Nutritional Profile
Demand for calf milk replacers in the United States is evaluated to increase at a CAGR of 4.4% and reach a market value of US$ 1.14 billion by the end of 2034. Increased demand for calf milk replacers in the country is due to the growing emphasis on innovations and technological advancements utilized in producing food products with necessary animal nutrients. This increased demand is owing to a high nutritional profile and easy digestibility, thereby ensuring optimum health and growth of calves.
Calf Milk Replacer Market News:
Auctus introduced an Opti-Skim calf milk replacer in 2023. This new product is the initial SKIM-based replacer, providing calves with high-quality proteins from the very start.
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More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the calf milk replacer market, presenting historical demand data (2019 to 2023) and forecast statistics for the period (2024 to 2034).
The study divulges essential insights into the market based on type (medicated, non-medicated), source (dairy-based, non-dairy-based), and form (powder, liquid), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).
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Calf milk replacer is a formulated feed designed to provide essential nutrients to young calves, serving as a substitute for maternal milk.
CAGR stands for Compound Annual Growth Rate, a measure used to describe the mean annual growth rate of an investment over a specified time period.
Eco-friendly practices refer to actions and strategies that minimize harm to the environment, promoting sustainability and conservation.
R&D funding refers to financial resources allocated for research and development activities, aimed at fostering innovation and product improvement.
Market research is the process of gathering, analyzing, and interpreting information about a market, including information about the target audience and competitors.
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