Calf milk replacer is providing a convenient way to feed pre-ruminant calves. The calf milk replacer is formulated with quality ingredients which include fat, protein and other nutritive ingredients including additives. Calf milk replacer contains less fat than whole milk and is enriched with minerals, vitamins, and other nutritional elements. Calf milk replacer is available in liquid and powder forms, the availability of the product in powder form makes it easy for use. The powdered form can be easily mixed with water or whole milk prior to feeding and can be stored for a long period. The milk calf replacer offers a longer shelf life in comparison to whole milk. Globally the calf milk replacer has been witnessing continued growth since last few years. Growing awareness among the dairy farmers regarding the potential of product is driving the market of calf milk replacer. The manufacturers of calf milk replacer are designing products to support the enteric and overall health of the calf during the early days of life. The calf milk replacer market is expected to demonstrate an exceptional CAGR while achieving rapid growth in the market over the forecast period.
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Calf Milk Replacer is expected to Gain Traction in Nutraceuticals
The calf milk replacer is less expensive as compared to whole cow’s milk resulting in higher growth rates of the market. The manufacturers are investing in research and development to develop technologies to provide products to support gut health and boost immunity. The calf milk replacer is providing digestible proteins, fortified vitamins, organic selenium for optimal absorption and utilization and essential trace minerals. A young calf can grow well when reared on milk replacer and their rumens can develop just as well as they would on a diet of whole milk. The calf milk replacers are also helpful for avoiding the risk of digestive upsets and scours. It also reduces the risk of disease transfer from cow to calf. The calf milk replacers are best suited for automated calf feeding systems. Increasing awareness, prosperity, enormous purchasing power and the consolidated nature of the animal products industry is the major driver of the market demand. The global rise in the consumption of animal products is positively influencing the growth of the calf milk replacer market.
Calf Milk Replacer Market Segmentation
On the basis of form, the calf milk replacer market has been segmented as-
On the basis of source, the calf milk replacer market has been segmented as-
- Non-dairy based
On the basis of type, the calf milk replacer market has been segmented as-
- Medicated milk replacer
- Non-medicated milk replacer
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Calf Milk Replacer Market: Key Players
Cargill Inc., Lactalis Group, Land O'lakes, Inc., Archer Daniels Midland Company, Frieslandcampina, Roquette Frères, Glanbia PLC, Bewital Agri GmbH & Company Kg, Chr Hansen Inc., Sonac, Lactalis Group and others. More regional players are expected to enter the market of milk calf replacer, making the market more competitive over the forecast period.
Calf Milk Replacer Market Opportunities
The key market players of calf milk replacer are focusing to enhance the brand name and so are promoting their products on various platforms. The manufacturers are also strategizing to increase the popularity of the product among the consumer by creating awareness and providing knowledge. Moreover, the key companies are heavily investing in research and development process to introduce a new product with new targets. The inclination of the organization (Dairy organization of Australia) in the market is reinforcing the level of expansion that can be achieved in the current market scenario. The market is at the topmost production level and will be able to make better worth for the companies in the market and its shareholders. Europe is expected to emerge as a leader with the most significant market share of the global calf milk replacers. Asia Pacific region is expected to be the fastest-growing region owing to the ever-growing dairy industry in various countries of the region.
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