Global Liquid Feed market scope 2024, Forecast To 2033

The liquid feed market has demonstrated steady growth, advancing from $3.86 billion in 2023 to $3.99 billion in 2024, reflecting a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period is attributed to the heightened demand for high-quality livestock and poultry products, the convenience and ease of use in animal nutrition, increased concerns for animal health and well-being, optimization of feed conversion ratios, and the availability of nutrient-dense liquid feed ingredients. The market is expected to maintain its steady growth trajectory, reaching $4.52 billion in 2028, with a CAGR of 3.2%. This growth in the forecast period is driven by a focus on precision livestock farming practices, the adoption of sustainable and eco-friendly feeding solutions, the expansion of aquaculture and specialty livestock segments, increasing investment in research and development, and regulatory support for quality and safety standards. Major trends in the forecast period encompass customized liquid feed formulations for different species, the use of functional additives for animal health, integration of probiotics and prebiotics in liquid feeds, fortification with essential vitamins and minerals, incorporation of by-products and co-products in liquid feeds, and the application of enzymes for improved digestibility.