Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Milk Replacers Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
How Will the Milk Replacers Market Grow Between 2024 and 2025?
The Milk Replacers Global Market Report 2025 has been exhibiting solid expansion in the past years. Its size is projected to increase from $4.24 billion in 2024 to $4.59 billion in 2025, manifesting a compound annual growth rate (CAGR) of 8.3%.
How Much Will the Milk Replacers Market Be Worth in 2029?
The Milk Replacers Global Market Report 2025 projects that by 2029, the market size will be $6.54 billion, with a compound annual growth rate (CAGR) of 9.3%.
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Which Milk Replacers Market Drivers Are Linked to Revenue Growth?
The key drivers in the milk replacers market are:
• The rise of sustainability and environmental concerns
• Government initiatives and regulations directly affecting the market
• Innovations in nutritional science for improved replacements
• The application of milk replacers in non-traditional livestock species for increased animal welfare
Which Segments Are Expected to Grow in the Milk Replacers Market?
The milk replacersmarket covered in this report is segmented –
1) By Type: Medicated, Non-Medicated
2) By Source: Milk-Based, Non-Milk-Based, Blended
3) By Form: Powder, Liquid
4) By Livestock: Ruminants, Swine, Equine, Pets, Other Livestock
5) By Distribution Channel: Online Retailing, Super Market, Hyper Market, Convenience Stores, Other Distribution Channels
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What Are The Key Trends Impacting Growth In The Global Milk Replacers Market?
The key trends in the milk replacers market are:
• Specialized formulas catered towards different species are increasingly becoming a trend.
• Innovation in the ingredients and formulation of milk replacers is significantly shaping the market.
• Sustainable sourcing and production methods are emerging as key factors.
• Technological advancements in processing and digitalization in animal nutrition present key future trends.
Who Are the Key Competitors in the Global Milk Replacers Market?
Major players in the milk replacers market are:
• Cargill Incorporated
• Archer Daniels Midland Company
• CHS Inc.
• Alltech Inc.
• Nutreco Holding N.V.
• Glanbia Public Limited Company
• Land O'Lakes Creameries Inc.
• Groupe Lactalis SA
• Van Drie Holding BV
• BEWITAL agri GmbH & Co. KG
• Nukamel B.V.
• Kent Nutrition Group
• Calva Products LLC
• Hi-Pro Feeds LP
• Milk Products LLC
• Manna Pro Products LLC
• Pet-Ag Inc.
• Lactalis Group
• Royal FrieslandCampina N.V.
• Liprovit BV
• Trouw Nutrition
• Volac International Limited
• Nor-Feed Sud
• Bonanza Calf Nutrition
• Merrick's Inc.
• Grober Nutrition
• Agribrands Purina Canada Inc.
• Koninklijke DSM N.V.
• ForFarmers NV
• Harbro Nutrition Inc.
Where Is the Milk Replacers Market Growing Fastest Between 2025 and 2029?
Asia-Pacific was the largest region in the milk replacers market in 2024
