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ADM, Cargill Incorporated, Bongrain Group, Viafield, Amore Proteines, Roquette Frères, Strauss Feeds, Trouw Nutrition GB are some of the major key players.

DOUGLAS, ISLE OF MAN, January 23, 2023 /EINPresswire.com/ -- Functional Milk Replacers Market Value and CAGR

Functional milk replacers are a type of feed designed to replace the dam's (mother's) milk in young mammals such as calves, pigs, and foals. They are frequently used when the dam cannot produce enough milk for her offspring or when the offspring is orphaned. Milk substitutes are nutritionally complete, containing a balanced blend of proteins, fats, carbohydrates, minerals, and vitamins. They are typically given to young animals in the form of a bottle or pail and can be made from a variety of ingredients, such as milk proteins, vegetable oils, and dried milk products.

Functional milk replacers have been found to have an impact on neonatal calves' performance, behavior health, and welfare, which is estimated to be a significant market driver during 2018-2025. The global milk replacer market was valued at USD 2.48 billion in 2018 and is expected to grow to USD 3.25 billion by 2025, at a CAGR of 7.15%.

Functional Milk Replacers Market Growth Drivers and Risks

A variety of drivers influence the functional milk replacer market, including: Increasing demand for animal protein: As the global population grows and incomes rise, so does the demand for functional milk replacers, which are used to feed young animals that will eventually be used for meat production. Technological advancements have enabled the production of functional milk replacers that are more similar to natural milk and more easily digestible by young animals. This has contributed to the growth of the market for these products.

The following are some risks to the growth of the functional milk replacer market: Other feed sources compete: Functional milk replacers face competition from other feed sources such as soy-based products and other plant-based protein sources. Raw material price volatility: The cost of raw materials used to make functional milk replacers, such as milk powder, can be subject to significant price fluctuations, affecting the profitability of these products.

Functional Milk Replacers Market Keyplayers

ADM, Cargill Incorporated, Bongrain Group, Viafield, Amore Proteines, Roquette Frères, Strauss Feeds, Trouw Nutrition GB, MAXCARE, Purina Animal Nutrition LLC, ProviCo Pty. Ltd are some of the major key players.

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Functional Milk Replacers Market Segmentations

Segment by Type
• Powder
• Liquid

Segment by Application
• Hypermarket/Supermarket
• Specialty Store
• Convenience Store
• Online

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Table of content
1 Functional Milk Replacers Market Overview
1.1 Product Overview and Scope of Functional Milk Replacers
1.2 Functional Milk Replacers Segment by Type
1.2.1 Global Functional Milk Replacers Sales Growth Rate Comparison by Type (2022-2028)
1.2.2 Powder
1.2.3 Liquid
1.3 Functional Milk Replacers Segment by Application
1.3.1 Global Functional Milk Replacers Sales Comparison by Application: (2022-2028)
1.3.2 Hypermarket/Supermarket
1.3.3 Specialty Store
1.3.4 Convenience Store
1.3.5 Online
1.4 Global Functional Milk Replacers Market Size Estimates and Forecasts
1.4.1 Global Functional Milk Replacers Revenue 2017-2028
1.4.2 Global Functional Milk Replacers Sales 2017-2028
1.4.3 Functional Milk Replacers Market Size by Region: 2017 Versus 2021 Versus 2028

2 Functional Milk Replacers Market Competition by Manufacturers
2.1 Global Functional Milk Replacers Sales Market Share by Manufacturers (2017-2022)
2.2 Global Functional Milk Replacers Revenue Market Share by Manufacturers (2017-2022)
2.3 Global Functional Milk Replacers Average Price by Manufacturers (2017-2022)
2.4 Manufacturers Functional Milk Replacers Manufacturing Sites, Area Served, Product Type
2.5 Functional Milk Replacers Market Competitive Situation and Trends
2.5.1 Functional Milk Replacers Market Concentration Rate
2.5.2 The Global Top 5 and Top 10 Largest Functional Milk Replacers Players Market Share by Revenue
2.5.3 Global Functional Milk Replacers Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.6 Manufacturers Mergers & Acquisitions, Expansion Plans

3 Functional Milk Replacers Retrospective Market Scenario by Region
3.1 Global Functional Milk Replacers Retrospective Market Scenario in Sales by Region: 2017-2022
3.2 Global Functional Milk Replacers Retrospective Market Scenario in Revenue by Region: 2017-2022
3.3 North America Functional Milk Replacers Market Facts & Figures by Country
3.3.1 North America Functional Milk Replacers Sales by Country
3.3.2 North America Functional Milk Replacers Revenue by Country
3.3.3 United States
3.3.4 Canada
3.4 Europe Functional Milk Replacers Market Facts & Figures by Country
3.4.1 Europe Functional Milk Replacers Sales by Country
3.4.2 Europe Functional Milk Replacers Revenue by Country
3.4.3 Germany
3.4.4 France
3.4.5 U.K.
3.4.6 Italy
3.4.7 Russia
3.5 Asia Pacific Functional Milk Replacers Market Facts & Figures by Region
3.5.1 Asia Pacific Functional Milk Replacers Sales by Region
3.5.2 Asia Pacific Functional Milk Replacers Revenue by Region
3.5.3 China
3.5.4 Japan
3.5.5 South Korea
3.5.6 India
3.5.7 Australia
3.5.8 China Taiwan
3.5.9 Indonesia
3.5.10 Thailand
3.5.11 Malaysia
3.6 Latin America Functional Milk Replacers Market Facts & Figures by Country
3.6.1 Latin America Functional Milk Replacers Sales by Country
3.6.2 Latin America Functional Milk Replacers Revenue by Country
3.6.3 Mexico
3.6.4 Brazil
3.6.5 Argentina
3.7 Middle East and Africa Functional Milk Replacers Market Facts & Figures by Country
3.7.1 Middle East and Africa Functional Milk Replacers Sales by Country
3.7.2 Middle East and Africa Functional Milk Replacers Revenue by Country
3.7.3 Turkey
3.7.4 Saudi Arabia
3.7.5 UAE

4 Global Functional Milk Replacers Historic Market Analysis by Type
4.1 Global Functional Milk Replacers Sales Market Share by Type (2017-2022)
4.2 Global Functional Milk Replacers Revenue Market Share by Type (2017-2022)
4.3 Global Functional Milk Replacers Price by Type (2017-2022)

5 Global Functional Milk Replacers Historic Market Analysis by Application
5.1 Global Functional Milk Replacers Sales Market Share by Application (2017-2022)
5.2 Global Functional Milk Replacers Revenue Market Share by Application (2017-2022)
5.3 Global Functional Milk Replacers Price by Application (2017-2022)
…TOC to be continued…

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