(MENAFN- GlobeNewsWire - Nasdaq) London, United Kingdom, May 19, 2023 (GLOBE NEWSWIRE) -- According to a Comprehensive Research Report by Market Research Future (MRFR) ,” organic milk replacers market Information by Livestock Type, Specialty Type, Form, Fortification, Distribution Channel, and Region - Forecast till 2030 ”, Organic Milk Replacers Market could thrive at a rate of 7.98% between 2021 and 2030. The market size will be reaching around USD 187.06 Billion by the end of the year 2030.
Organic Milk Replacers Market Overview:
Organic milk replacers are products used to replace the milk that young animals, such as calves, lambs, and piglets, would normally receive from their mothers. These products are made from organic ingredients and aim to provide young animals with the necessary nutrients to support their growth and development. Organic milk replacers can be used as a complete replacement for maternal milk or as a supplement to it, depending on the needs of the animal and the specific product being used. They are often used in situations where the mother is unable or unwilling to provide milk, or when the young animal has been separated from its mother.
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Report Scope:
| Report Attribute | Details |
| 2030 Market Size | USD 187.06 Billion |
| CAGR | 7.98% (2022–2030) |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2019 |
| Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | By Livestock Type, Specialty Type, Form, Fortification, Distribution Channel, and Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Key Market Drivers | increasing awareness of nutrients |
| increase in awareness about precision nutrition techniques |
Market Competitive Landscape:
The affluent companies in the Organic Milk Replacers industry include
Kent Nutrition Group Royal Milc Inc Manna Pro S.I.N. Hellas Biocom Ltd KGM Ltd Sav-a-Caf
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Market USP Covered:
Market Drivers:
The increasing demand for organic food products and the rising awareness about animal welfare and the negative impact of conventional farming practices on the environment are among the key factors driving the growth of the Organic Milk Replacers Market. Additionally, the increasing adoption of precision farming techniques, the need to improve the quality and quantity of milk production, and the growing trend of urbanization are also fueling market growth.
Market Restraints :
One of the market restraints for the Organic Milk Replacers market is the high cost associated with organic milk replacers compared to traditional milk replacers. Organic milk replacers are made using high-quality, organic ingredients, which are more expensive than conventional ingredients. This cost is often passed on to consumers, making organic milk replacers less accessible and affordable for some farmers. Additionally, the limited availability of organic ingredients can also impact the production and availability of organic milk replacers, further increasing their cost. This can hinder the adoption of organic milk replacers, especially in regions where organic farming is not widely practiced.
COVID 19 Analysis
The COVID-19 pandemic had a moderate impact on the Organic Milk Replacers market. While there has been an increase in demand for organic products, including organic milk replacers, due to the growing health consciousness among consumers, the pandemic has disrupted supply chains and caused logistical challenges in the market. The restrictions on international trade and transportation have also affected the availability of raw materials and ingredients, leading to a shortage of supply in some regions. Additionally, the economic slowdown caused by the pandemic has led to reduced purchasing power among consumers, which may impact the demand for organic milk replacers in the short term. However, in the long term, the market is expected to recover and continue its growth trajectory, driven by the increasing demand for organic and sustainable products.
Market Segmentation:
By Livestock Type
The Livestock Type in the market includes Cattle, Sheep, Goats, Swine, Horses, And Others.
By Specialty Type
The Specialty Type in the market includes Protein Rich, Energy Booster, Fiber Rich, Lactose Rich, And Others.
By Form
The Form in the market includes Powder, Liquid, And Others.
By Fortification
The Fortification in the market includes Vitamins, Minerals, Medications, Probiotics, Organic Acid, Yeast, Electrolytes, And Others.
By Distribution Channel
The Distribution Channel in the market includes Store Based And Non-Store Based.
Browse In-depth Market Research Report (110 Pages) on Organic Milk Replacers Market:
Regional Insights:
North America and Europe are significant markets for organic milk replacers, owing to the high demand for organic dairy products and the presence of established players in the region. The increasing awareness of the health benefits of organic products, coupled with the growing demand for animal welfare-friendly products, is expected to drive the demand for organic milk replacers in these regions. The Asia-Pacific region is expected to witness significant growth in the organic milk replacers market due to the increasing demand for organic dairy products and the rising population of dairy animals in the region. Additionally, the growing consumer awareness of the benefits of organic farming and the increasing disposable incomes of consumers are also expected to drive the growth of the market in the region.
Industry New:
April 2021: Trouw Nutrition launched a new range of organic milk replacers for calves called "LifeStart". The LifeStart range is formulated with organic and non-GMO ingredients and is designed to provide optimal nutrition and support the health and development of young calves. This launch is in line with the growing demand for organic and natural animal feed products and demonstrates Trouw Nutrition's commitment to sustainable and responsible animal nutrition solutions.
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