Global Milk Replacers Market Size, Share & Trends Analysis Report, By Type (Medicated, Non-Medicated), By Livestock (Ruminants, Swine), By Source (Milk-Based, Non-Milk-Based, Blended), and By Region, And Segment Forecasts, Till – 2030

Market Overview

According to Intellistic Research, the global Milk Replacers market is estimated at USD 14.95 billion in 2022 and will expand at a compound annual growth rate (CAGR) of 4.46% from 2023 to 2030. Key players in the Milk Replacers market employ various strategies to maintain and enhance their market presence. These strategies help key players capture a significant market share and remain competitive in the dynamic Milk Replacers market. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated includes proficient analysis, predictive analysis, prescriptive analysis, cumulative analysis, and value chain analysis.

Milk Replacers MARKET DYNAMICS: KEY DRIVERS & RESTRAINTS

Rising Vegan and Plant-Based Diets Drive the Market

The growing popularity of vegan and plant-based diets has led to an increased demand for non-dairy milk alternatives. Milk replacers made from soy, almond, oat, coconut, and other plant-based sources cater to consumers seeking alternatives to animal-derived products.

Competition with Traditional Dairy will restraint the market growth

Traditional dairy products have a long-standing presence in the market and are deeply ingrained in many diets and cultures. Convincing consumers to switch to milk replacers may be challenging due to familiarity and established preferences.

How are Segments Performing in the Global Milk Replacers Market?

Milk Replacers Type Segment Breakdown

According to Intellistic Research, the Milk Replacers market by type is segmented into Medicated and Non-Medicated.

Milk Replacers Livestock Segment Breakdown

According to Intellistic Research, based on livestock, the market is categorized into Ruminants and Swine.

Milk Replacers Source Segment Breakdown

According to Intellistic Research, based on source, the market is categorized into Milk-Based, Non-Milk-Based, and Blended.

Milk Replacers Geographic Exploration

According to Intellistic Research, the North American region is predicted to dominate the market, owing to the rise in adopting foreign cultures and foods in the region. Other regions competing in the market are Asia Pacific, Europe, Middle East and Africa and Latin America respectively.

COMPETITIVE LANDSCAPE & RECENT DEVELOPMENT: Milk Replacers

The competitive landscape of the market is fragmented. The significant players rapidly evolve with new strategies to attain a competitive edge and capture significant market share.

• For Instance, in January 2024, Dutch-based Denkavit Group has acquired the Volac Milk Replacer business from the UK’s Volac International Ltd. The deal, driven by a shared vision and values between the two companies, aims to propel the Milk Replacer business to new heights.

Noticeable Players Functioning in The Global Milk Replacers Market Include:

• Cargill, Incorporated

• FrieslandCampina Ingredients

• Glanbia plc

• VanDrie Group

• Nukamel

• Liprovit BV

• ADM

• Nutreco

• Land O'Lakes, Inc

• PBS Animal Health

• BEWITAL agri GmbH & Co. KG

KEY BREAKDOWN: Milk Replacers Market

By Type:

• Medicated

• Non-Medicated

By Livestock:

• Ruminants

• Swine

By Source:

• Milk-Based

• Non-Milk-Based

• Blended

Geographical Exploration:

• North America

o The USA

o Canada

o Mexico

• Europe

o Germany

o France

o UK

o Italy

o Spain

o Rest of Europe

• Asia Pacific

o China

o Japan

o India

o South Korea

o South East Asia

o Rest of Asia Pacific

• Latin America

o Brazil

o Argentina

o Rest of Latin America

• Middle East and Africa

o GCC Countries

o South Africa

o Rest of MEA

 

 

Global Milk Replacers Market TOC:

1. Research Methodology

1.1. Global Milk Replacers Market Snapshot, 2023 and 2030

1.2. Data Mining

1.3. Validation

1.4. Primary Interviews

1.5. List of Data Sources

1.6. Future Market Projections

1.7. Industry Developments and Key Market Events

2. Executive Summary

3. Market Overview

3.1. Market Scope and Definition

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunity

3.2.4. Challenges

3.2.5. Cumulative Impact due to Recent Energy Crisis

3.2.6. Cumulative Impact due to Nearing Economic Downturn

3.2.7. Post Covid-19 World Supply & Demand Conditions

3.2.8. Cumulative Impact of Russia-Ukraine Conflict

3.2.9. Key Trends

3.3. Milk Replacers Market: Value Chain

3.3.1. List of Raw Material Supplier

3.3.2. List of Manufacturers

3.3.3. List of Applications

3.4. Porter Five Force’s Analysis

3.5. Regulatory and Technology Landscape

4. Global Milk Replacers Market Outlook: Forecast (2023 – 2030)

4.1. Key Highlights

4.1.1. Market Size and Y-o-Y Growth

4.1.2. Absolute $ Opportunity

4.2. Market Size (US$ Mn) Analysis and Forecast

4.2.1. Current Market Size Forecast, 2023–2030

4.3. Global Milk Replacers Market Outlook: Type

4.3.1. Introduction / Key Findings

4.3.2. Market Size (US$ Mn) and Forecast Type, 2023 – 2030

4.3.2.1. Medicated

4.3.2.2. Non-Medicated

4.4. Market Attractiveness Analysis: Component

4.5. Global Milk Replacers Market Outlook: Livestock

4.5.1. Introduction / Key Findings

4.5.2. Market Size (US$ Mn) and Forecast By Livestock, 2023 – 2030

4.5.2.1. Ruminants

4.5.2.2. Swine

4.6. Global Milk Replacers Market Outlook: Source

4.6.1. Introduction / Key Findings

4.6.2. Market Size (US$ Mn) and Forecast Type, 2023 – 2030

4.6.2.1. Milk-Based

4.6.2.2. Non-Milk-Based

4.6.2.3. Blended

5. Global Milk Replacers Market Outlook: Region

5.1. Key Highlights

5.2. Market Size (US$ Mn) and Forecast By Region, 2023 – 2030

5.2.1. North America

5.2.2. Europe

5.2.3. Asia Pacific

5.2.4. Latin America

5.2.5. Middle East & Africa (MEA)

6. North America Milk Replacers Market Outlook: Forecast (2023 – 2030)

6.1. Key Highlights

6.2. Pricing Analysis

6.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2022

6.3.1. By Country

6.3.2. By Type

6.3.3. By Livestock

6.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

6.4.1. U.S.

6.4.2. Canada

6.4.3. Mexico

6.5. Market Size (US$ Mn) and Forecast By Type, 2023 – 2030

6.5.1. Medicated

6.5.2. Non-Medicated

6.6. Market Size (US$ Mn) and Forecast By Livestock, 2023 – 2030

6.6.1. Ruminants

6.6.2. Swine

6.7. Market Size (US$ Mn) and Forecast By Source, 2023 – 2030

6.7.1. Milk-Based

6.7.2. Non-Milk Based

6.7.3. Blended

7. Europe Milk Replacers Market Outlook: Forecast (2023 – 2030)

7.1. Key Highlights

7.2. Pricing Analysis

7.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030

7.3.1. By Country

7.3.2. By Type

7.3.3. By Livestock

7.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

7.4.1. Germany

7.4.2. France

7.4.3. U.K.

7.4.4. Russia

7.4.5. Italy

7.4.6. Spain

7.4.7. Rest of Europe

7.5. Market Size (US$ Mn) and Forecast By Type, 2023 – 2030

7.5.1. Medicated

7.5.2. Non-Medicated

7.6. Market Size (US$ Mn) and Forecast By Livestock, 2023 – 2030

7.6.1. Ruminants

7.6.2. Swine

7.7. Market Size (US$ Mn) and Forecast By Source, 2023 – 2030

7.7.1. Milk-Based

7.7.2. Non-Milk Based

7.7.3. Blended

8. Asia Pacific Milk Replacers Market Outlook: Forecast (2023 – 2030)

8.1. Key Highlights

8.2. Pricing Analysis

8.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030

8.3.1. By Country

8.3.2. By Type

8.3.3. By Livestock

8.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

8.4.1. China

8.4.2. Japan

8.4.3. India

8.4.4. South Korea

8.4.5. Australia

8.4.6. New Zealand

8.4.7. Singapore

8.4.8. Malaysia

8.4.9. Rest of Asia

8.5. Market Size (US$ Mn) and Forecast By Type, 2023 – 2030

8.5.1. Medicated

8.5.2. Non-Medicated

8.6. Market Size (US$ Mn) and Forecast By Livestock, 2023 – 2030

8.6.1. Ruminants

8.6.2. Swine

8.7. Market Size (US$ Mn) and Forecast By Source, 2023 – 2030

8.7.1. Milk-Based

8.7.2. Non-Milk-Based

8.7.3. Blended

9. Latin America Milk Replacers Market Outlook: Forecast (2023 – 2030)

9.1. Key Highlights

9.2. Pricing Analysis

9.3. Market Size (US$ Mn) and Analysis By Market, 2023 – 2030

9.3.1. By Country

9.3.2. By Type

9.3.3. By Livestock

9.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

9.4.1. Brazil

9.4.2. Argentina

9.4.3. Colombia

9.4.4. Peru

9.4.5. Chile

9.4.6. Venezuela

9.4.7. Rest of Latin America

9.5. Market Size (US$ Mn) and Forecast By Type, 2023 – 2030

9.5.1. Medicated

9.5.2. Non-Medicated

9.6. Market Size (US$ Mn) and Forecast By Livestock, 2023 – 2030

9.6.1. Ruminants

9.6.2. Swine

9.7. Market Size (US$ Mn) and Forecast By Source, 2023 – 2030

9.7.1. Milk-Based

9.7.2. Non-Milk-Based

9.7.3. Blended

10. Middle East & Africa Milk Replacers Market Outlook: Forecast (2023 – 2030)

10.1. Key Highlights

10.2. Pricing Analysis

10.3. Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2023 – 2030

10.3.1. By Country

10.3.2. By Type

10.3.3. By Livestock

10.4. Market Size (US$ Mn) and Forecast By Country, 2023 – 2030

10.4.1. Saudi Arabia

10.4.2. UAE

10.4.3. Egypt

10.4.4. Kuwait

10.4.5. South Africa

10.4.6. Rest of Middle East & Africa

10.5. Market Size (US$ Mn) and Forecast By Type, 2023 – 2030

10.5.1. Medicated

10.5.2. Non-Medicated

10.6. Market Size (US$ Mn) and Forecast By Livestock, 2023 – 2030

10.6.1. Ruminants

10.6.2. Swine

10.7. Market Size (US$ Mn) and Forecast By Source, 2023 – 2030

10.7.1. Milk-Based

10.7.2. Non-Milk-Based

10.7.3. Blended

11. Competition Analysis

11.1. Market Share Analysis Of Top Vendors

11.2. Market Structure

11.2.1. Competition Intensity Mapping By Market

11.2.2. Competition Dashboard

11.2.3. Key Development Strategies

11.3. Company Profiles

11.3.1. Cargill, Incorporated

11.3.1.1. Overview

11.3.1.2. Offerings

11.3.1.3. Business Segment & Geographic Overview

11.3.1.4. Key Financials

11.3.1.5. Key Market Developments

11.3.1.6. Key Market Strategy

11.3.2. FrieslandCampina Ingredients

11.3.3. Glanbia plc

11.3.4. VanDrie Group

11.3.5. Nukamel

11.3.6. Liprovit BV

11.3.7. ADM

11.3.8. Nutreco

11.3.9. Land O'Lakes, Inc

11.3.10. PBS Animal Health

11.3.11. BEWITAL agri GmbH & Co. KG