Liquid Feed Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Liquid Feed Supplements Market Manufacturers and is Segmented by Type (Proteins, Minerals, Vitamins, and Other Types), Ingredients (Molasses, Corn, Urea, and Other Ingredients), Animal Type (Ruminant, Poultry, Swine, Aquaculture, and Other Animal Types), and Geography (North America, Europe, Asia-Pacific, South America, and Africa).

Liquid Feed Market Size

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Liquid Feed Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 85.08 Billion
Market Size (2029) USD 113.97 Billion
CAGR (2024 - 2029) 6.02 %
Fastest Growing Market Europe
Largest Market Asia Pacific

Major Players

Liquid Feed Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Liquid Feed Market Analysis

The Liquid Feed Market size is estimated at USD 85.08 billion in 2024, and is expected to reach USD 113.97 billion by 2029, growing at a CAGR of 6.02% during the forecast period (2024-2029).

  • The liquid feed market is projected to experience strong development due to an increase in animal-based food product consumption worldwide. Shifting customer dietary habits toward quality dairy products and meat is expected to contribute to the growth of the liquid feed market over the forecast period. The rapidly growing commercialization of the livestock industry (from feeding to processing) has generated significant demand for nutrient-rich feed supplements in the region. The rising demand for animal products such as meat and dairy has put significant pressure on livestock farmers to improve their competence.
  • According to the FAO, North America's total number of cattle and buffaloes was 104,847.4 heads, followed by Europe at 115,190.9 heads, South America at 115,190.9 heads, and Asia at 667,687.5 heads, Oceania at 35,010.1 heads, and Africa at 374,461.8 heads in 2021. The region occupies larger animal farms and a huge number of animals. The vast cattle population that requires feed supplements in huge quantities has been driving the market's growth. Therefore, with the rising demand for liquid feed from large-sized farms, the market is anticipated to grow in the coming years.
  • With the rising meat consumption worldwide, the liquid feed industry is estimated to witness a huge demand for better-quality meat. According to the FAO, global consumption of meat proteins in the future is estimated to rise by 14% by 2030, compared to 2018-2020, propelled largely by population growth and income. Protein availability from poultry, beef, pork, and sheep meat is expected to grow by 17.8%, 5.9%, 13.1%, and 15.7%, respectively, by 2030.

Liquid Feed Market Trends

This section covers the major market trends shaping the Liquid Feed Market according to our research experts:

Increase in the Production of Meat and Aquaculture Products

The growing demand for high-grade meat and meat products from health-conscious consumers has spurred the production of meat, hence boosting the liquid feed supplement market globally. Owing to the advantages such as better digestibility in animals, simplified and flexible addition of additives, and the possibility of fermentation, the demand for liquid feed supplements is rising rapidly to aid the production of high-quality meat. According to the USDA report, the total meat consumption accounted for 11,850 metric tons during the year 2021 which is higher than the previous year's stated 11,732 metric tons.

According to the OECD Report 2021, the total meat production remained stable in 2020 at an estimated 328 metric tons, as output increases in poultry and ovine meats offset contractions in pig and bovine meat production. Total poultry meat production in 2020 is estimated at 134 metric tons, up 1.2 % from 2019, underpinned by a sharp rise in demand in China.

Furthermore, the Economic Research Services, US Department of Agriculture, reports that the total consumption of beef in the United States has increased from 55 pounds per capita in 2019 to 58.4 pounds per capita in 2020 and is projected to further rise steadily over the coming years. With vitamins, minerals, and feed additives as part of the composition, a liquid feed supplement is an emerging economical source of balanced nutrition for livestock to cater to the growth of livestock production worldwide.

The demand for seafood is increasing rapidly as more and more people are becoming aware of the health benefits of fish consumption. Increasing life expectancy and limited availability of land and water resources for animal feed production and increasing use of these resources for food and ethanol production are increasing the demand for animal feed in the global meat industry.

Liquid Feed Market : Total Meat Production, in MIllion Metric Ton, 2020-2021

Asia-Pacific Dominates the Market

The Asia-Pacific region is the leading animal feed producing and consuming region in the world, thereby inflicting a direct impact on the liquid feed market. The increased scale of industrial livestock production in the region has significantly contributed to an increase in liquid feed production capacities in major economies across the region.   

The countries in the region are driving the liquid feed market owing to changing consumption patterns toward more protein-based products, including meat. China is one of the fastest-growing markets, with the country's Feed Industry Association emphasizing the maintenance of minimum protein levels in livestock feed. The other liquid feed supplement markets in the region, including Vietnam, which is the second-largest pork consumer, and India, which is the most potential market for liquid feed supplements, driven by an increasing trend in the intensive farming system, are contributing to the demand for liquid feed supplements in the entire Asia-Pacific belt.

The growth of the feed industry in China has led global compound feed players like Archer Daniels Midland and Cargill to expand and open their new facilities in China. The Zhangzhou feed factory of Archer Daniels Midland Company in China is the fourth compound production facility of the company, which has an annual capacity of 30,000 metric tonne of feed premixes and 80,000 metric tonne of complete feed and concentrates. Cargill has invested in a new premix facility in China to continue growing its feed presence in the region. Sorghum growers in the United States got a big boost when the USDA revealed record sales to China in 2020. According to the National Sorghum Producer, a soy grower body in the USA, the demand surge led by China's animal feed industry was the reason for rising sorghum imports in China.

Liquid Feed Market : Market Share in %, Region, 2022

Liquid Feed Industry Overview

The liquid feed market is highly fragmented, with the presence of many international players and several small players competing with the global giants. The major companies are Archer Daniels Midland Company (ADM), BASF SE, Bundaberg Molasses, Cargill Incorporated, Dallas Keith Ltd, GrainCorp Limited, Land O'lakes, Inc., Ridley Corporation, and others. Agreements with other companies, new product launches, and investments for the expansion of manufacturing units globally have been the strategies mostly adopted by these players. Some of the players have been expanding their geographical presence by acquiring or merging with manufacturers in foreign markets. Major investments were done by companies in their domestic market to cater to the local demand. Investment is the most preferred growth strategy followed by mergers and acquisitions in the global liquid feed market.

Liquid Feed Market Leaders

  1. Archer Daniels Midland Company (ADM)

  2. BASF SE

  3. Bundaberg Molasses

  4. Cargill, Incorporated

  5. Dallas Keith Ltd.

*Disclaimer: Major Players sorted in no particular order

Liquid Feed Market Concentration.png
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Liquid Feed Market News

  • December 2021: BASF SE launched the new enzyme product Natupulse TS for animal feed. Natupulse TS is a non-starch polysaccharide (NSP) enzyme. The addition of ß-mannanase to the feed decreases digesta viscosity, increases the digestibility of the feed, and ensures a more sustainable production. Natupulse TS is available in powder and liquid form. Both formulations deliver very good overall stability during storage, in premix, and under challenging conditions in the pelleting process.
  • April 2021: Eastman Chemical Company has acquired 3F Feed & Food, a European leader specializing in the technical and commercial development of additives for animal feed and human food in Spain.
  • December 2020: Archer Daniels Midland (ADM) Company expanded to end the production of dry lysine in the first half of 2021. ADM Animal Nutrition focuses instead on l-lysine liquid 50% and encapsulated lysine products. Throughout 2020, ADM worked closely with swine and poultry feed producers to transition to liquid lysine.

Liquid Feed Market Report - Table of Contents


    1. 1.1 Study Assumptions & Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 Type

      1. 5.1.1 Proteins

      2. 5.1.2 Minerals

      3. 5.1.3 Vitamins

      4. 5.1.4 Other Types

    2. 5.2 Ingredients

      1. 5.2.1 Molasses

      2. 5.2.2 Corn

      3. 5.2.3 Urea

      4. 5.2.4 Other Ingredients

    3. 5.3 Animal Type

      1. 5.3.1 Ruminant

      2. 5.3.2 Poultry

      3. 5.3.3 Swine

      4. 5.3.4 Aquaculture

      5. 5.3.5 Other Animal Types

    4. 5.4 Geography

      1. 5.4.1 North America

        1. United States

        2. Canada

        3. Mexico

        4. Rest of North America

      2. 5.4.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. Rest of Asia-Pacific

      4. 5.4.4 South America

        1. Brazil

        2. Argentina

        3. Rest of South America

      5. 5.4.5 Africa

        1. South Africa

        2. Rest of Africa


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Archer Daniels Midland Company

      2. 6.3.2 BASF SE

      3. 6.3.3 Bundaberg Molasses

      4. 6.3.4 Alliance Liquid Feeds Inc.

      5. 6.3.5 Cargill Incorporated

      6. 6.3.6 Dallas Keith Ltd

      7. 6.3.7 GrainCorp Limited

      8. 6.3.8 Land O'lakes Inc.

      9. 6.3.9 Ridley Corporation

      10. 6.3.10 Masterfeeds LP

      11. 6.3.11 Performance Seeds LLC

      12. 6.3.12 Quality Liquid Feeds Inc.

      13. 6.3.13 Westway Feed Products LLC

      14. 6.3.14 Midwest Liquid Feeds LLC

    4. *List Not Exhaustive

**Subject to Availability
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Liquid Feed Industry Segmentation

Liquid feed is a mixture of raw materials and supplements derived from either plants or animals and various sources as byproducts and fed to livestock. 

The liquid feed market is segmented by type (proteins, minerals, vitamins, and other types), ingredients (molasses, corn, urea, and other ingredients), animal type (ruminant, poultry, swine, aquaculture, and other animal types), and geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers market size and forecasts in value (USD million) for all the above segments.

Other Types
Other Ingredients
Animal Type
Other Animal Types
North America
United States
Rest of North America
United Kingdom
Rest of Europe
Rest of Asia-Pacific
South America
Rest of South America
South Africa
Rest of Africa
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Liquid Feed Market Research FAQs

The Liquid Feed Market size is expected to reach USD 85.08 billion in 2024 and grow at a CAGR of 6.02% to reach USD 113.97 billion by 2029.

In 2024, the Liquid Feed Market size is expected to reach USD 85.08 billion.

Archer Daniels Midland Company (ADM), BASF SE, Bundaberg Molasses, Cargill, Incorporated and Dallas Keith Ltd. are the major companies operating in the Liquid Feed Market.

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Asia Pacific accounts for the largest market share in Liquid Feed Market.

In 2023, the Liquid Feed Market size was estimated at USD 80.25 billion. The report covers the Liquid Feed Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Liquid Feed Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Liquid Feed Industry Report

Statistics for the 2024 Liquid Feed market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Liquid Feed analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Liquid Feed Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)