Calf Milk Replacers Market Scope
Calf milk replacer (CMR) is used to provide a convenient way to feed pre-ruminant claves. Calf Milk Replacers have a long shelf life and can be mixed with water just prior to feeding to calves. Then calves can be milk reared anywhere at any time without having to carry or manage the whole liquid source milk. If CMR is made with good ingredients; then calves can grow equally well when reared on CMR or on a diet of whole milk. As manufacturing calf milk replacer from whole milk is expensive and time-consuming; the ingredients for CMR are either by-products of dairy processing or non-dairy products. To make customers consider CMR as an option to whole milk, CMR manufacturers have to make it cheaper than whole milk.
According to AMA, the Global Calf Milk Replacers market is expected to see growth rate of 20.3%The Calf Milk Replacer market is largely an unpenetrated market. Apart from Europe, there is a huge opportunity for players to capture the market. Marketing and Educating farmers about the calf milk replacer and its benefits is the key thing players will have to do in this market. Few of the leaders lead the market in innovation but there is an opportunity to spend money on R&D for better products and ultimately customer satisfaction. Reputation and easy availability could also be deciding factors influencing customer choices in the market. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Calf Milk Replacers market throughout the predicted period.
Sonac (Netherlands), Cargill (United States), CHS Inc. (United States), Archer Daniels Midland (United States), Land O’Lakes Inc. (United States), Glanbia Plc (Ireland), Amul (India), Calf Solutions (Canada) and Frieslandcampina (Netherlands) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Bewital Agri GmbH & Co. (Germany) and Denkavit (Netherlands).
Segmentation Overview
The study have segmented the market of Global Calf Milk Replacers market by Type (Medicated, and Non-Medicated) and Region with country level break-up.
On the basis of geography, the market of Calf Milk Replacers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Growing Livestock Farming as a Result of Increased Demand for Cow's Milk
Market Growth Drivers:
Increased Demand of Calf Milk Replacer as a Result of The Meat Consumption Around the World and Increasing Demand of Calf Milk Replacers Due to Its Cheap Production
Challenges:
Export Tariffs on Calf Milk Replacers Are Stifling Demand and Different Breed of Calf May Require Different Calf Milk Replacer
Restraints:
Lack of Awareness Among Farmers About the Availability and Benefits of Calf Milk Replacer
Opportunities:
Rising Demand of Calf Milk Replacer Due to Incentives Offered by Governments to Pursue Side-Business to Farmers and The Potential of Growth in Tropical Countries and Developing Economies
Market Leaders and their Expansionary Development Strategies
In Sep 2019, Dutch Group Denkavit announced the acquisition of a US subsidiary of the Canadian company, Grober. Denkavit focuses on young animal nutrition and feeding and their specialty is calves. With this acquisition; Denkavit is expanding its business to North America. According to Denkavit, the US market is not accessible from Europe due to high import duties. After analyzing Denkavit had decided that if they want a position in the US market, they would need a production unit there.
In April 2018,Form-A-Feed is excited and proud to unveil our new calf program, Prime Life™. The Prime Life program was developed to provide livestock with high quality nutrition during the prime stages of their life. Starting out as young, healthy, growing calves, that successfully transition into strong production animals, the Prime Life program is designed to optimize nutrition throughout each life stage.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Calf Milk Replacers Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.