Global Liquid Feed Supplements Market is estimated to be US$ 9.23 billion by 2030 with a CAGR of 5.3

Amar0930 Mar, 2022News

Global Liquid Feed Supplements market accounted for US$ 5.53 billion in 2020 and is estimated to be US$ 9.23 billion by 2030 and is anticipated to register a CAGR of 5.3%. Liquid feed additives are a convenient way to enhance animal feed with additional protein, minerals, and elements. Most animal species, such as pigs, cattle, chickens, and aquaculture, employ liquid feed additives in their meal blends. To increase nutritional energy and improve palatability, they usually use molasses as the carrier medium. Animal feed supplements, like any other food product, are regulated by a country's food regulatory agencies for labelling and composition regulations. For example, EU legislation on animal feed necessitates the registration or approval of firms that are directly or indirectly involved in the feed chain in order to comply with requirements governing manufacturing facilities, storage, employees, and record-keeping.