Combining Advanced Nutritional Science with Eco-Friendly Practices in Calf Milk Replacers to Propel Market Growth. India's industry is projected to grow rapidly, with an anticipated compound annual growth rate of about 8.3% within the next decade. This growth is driven mainly by increasing demand from farmers engaged in large-scale dairying enterprises who require cheaper but more nutritious alternative feeds than whole cow's milk.
NEWARK, DE / ACCESSWIRE / July 25, 2024 / The demand for calf milk replacers market has an estimated market valuation of USD 3,409.6 Million by 2024 and is projected to grow at a CAGR of 8.0% to reach a market valuation of USD 7,415.2 Million by 2034.
Replacement for Calf Milk is increasingly becoming important in dairy farming as it evolves. This has seen manufacturers come up with specialized blends that provide calves' specific nutritional needs at different stages of development. Such an approach ensures that the calves are fed well-balanced diets that promote their growth and mimic the nutritional composition of cow milk. At the same time, sustainable ingredients are being included in these formulas. Through this, not only is the environmental impact minimized but also resonates with increased customer preferences towards ecologically friendly agricultural practices. Manufacturers are setting new industry benchmarks by using resources more responsibly.
Furthermore, replacers boost efficiency on dairy farms as tools to be used strategically. Additionally, the adoption of high-quality milk replacers has been catalysed by animal welfare concerns which became stricter which may have led to this. These regulations stress protecting calves from diseases through the provision of safe feed without pathogens contained in unprocessed milk.
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Key Takeaways from the Global Calf Milk Replacers Market Study:
The increasing trend towards organic farming has raised demand for organic calf milk replacers.
The use of technology leads to accurate mixing and delivery of milk replacers hence improved consistency in nutrition.
Investing in enlightenment campaigns about the advantages of calf milk replacers and best feeding practices among farmers.
All sales channels should be improved and utilized efficiently so that products can reach far-flung dairy farms easily.
"The producers who position themselves ahead in this business will be those who direct their resources towards innovation and sustainability while at the same time improving ease usage and increasing product deceleration strategies within calf replacements market.", says Nandini Roy Choudhury, Client Partner at Future Market Insights
Who is winning?
Companies continue to improve their lines by coming up with more nutritious and easily digestible substitutes for milk. There is a glaring trend whereby research funding has been stepped up to enable better simulated natural milk using improved versions of powdered calf's' milk. There are mergers and acquisitions aimed at diversifying product portfolio range as well as market coverage. Key players are looking to expand their presence in emerging markets where there is a growing demand for dairy products.
Auctus launched its Opti-Skim calf milk replacer in 2023. It is the first SKIM-BASED REPLACER that delivers HIGH-QUALITY PROTEINS FOR CALVES since their birth week.
SHV Holdings, Cargill, Incorporated, ADM, Land Olakes Inc., Denkavit International B.V., AGRITECH, LECHES MATERNIZAD AS, S.A., Franson Ltd., Bonanza Calf Nutrition Ltd., BEWITAL Agri GmbH & Co. KG, Dairy Manufacturers, Inc. and Gujarat Co-operative Milk Marketing Federation Ltd. are some of the top players driving the industry growth.
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Get valuable insights into the Global Calf Milk Replacers Market:
Future Market Insights, in its new offering, provides a thorough, detailed, and unbiased analysis of the Global Calf milk replacers Market, presenting Historical Demand data for the years 2019-2023 and Forecast statistics for the years 2024-2034. The study categorizes the valuable insights on the Global Calf milk replacers Market based on Form, Ingredient Type, Sales Channel, and Region.
As per form, the industry has been categorized into Dry Powder and Reconstituted Liquid. As per Ingredient Type, the market is further categorized into All Milk Protein (Dried Whey, Dried Whey Product, Dried Whey Protein Concentrate, Hydrolyzed Whey Protein, Dried Skimmed Milk, Casein, and Sodium or Calcium Casemate), Animal Plasma and Alternative Protein (Soy Protein Isolate, Protein Modified Soy Flour, Soy Protein Concentrate, Soy Flour, and Wheat Gluten or Isolate). Sales Channels are further categorized into Direct and Indirect (Modern Trade, Animal Feed Stores, Veterinary Clinics, and Online Retail).
Authored by:
Nandini Roy Choudhury(Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor's Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
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