세계의 액체 우유 대체품 시장 예측(-2032년) : 제품별, 유형별, 제제 유형별, 가축별, 유통 채널별, 지역별 분석

According to Stratistics MRC, the Global Liquid Milk Replacers Market is accounted for $5.3 billion in 2025 and is expected to reach $8.4 billion by 2032 growing at a CAGR of 6.8% during the forecast period. Liquid milk replacers are specially formulated nutritional solutions designed to substitute whole milk for feeding young animals, particularly calves, lambs, and piglets. These replacers provide essential nutrients such as proteins, fats, vitamins, and minerals necessary for healthy growth and development. Unlike powdered milk replacers, liquid versions are pre-mixed and ready to use, offering convenience and consistency in feeding. They help support immune function, digestive health, and weight gain, especially when natural milk is unavailable or insufficient. Liquid milk replacers are widely used in commercial livestock operations to enhance productivity, reduce feeding variability, and ensure uniformity in animal rearing practices.

According to the American Pet Product associations, an average cat or dog owner spends about USD 200 to USD 300 on pet food, including milk replacements, for young animals annually.

Market Dynamics:

Driver:

Health and Dietary Trends

The growing emphasis on health and dietary trends is absolutely impacting the liquid milk replacers market. Consumers are increasingly seeking high-nutrition, easily digestible alternatives for young livestock, aligning with rising awareness of animal welfare and sustainable farming. Demand for products enriched with probiotics, vitamins, and plant-based ingredients is driving innovation. Additionally, health-conscious farming practices are encouraging the use of cleaner, more efficient feeding solutions, further boosting market growth and creating new opportunities for manufacturers to deliver enhanced nutritional value.

Restraint:

High Production Costs

High production costs significantly hinder the Liquid Milk Replacers market by reducing profit margins for manufacturers, making the products more expensive for consumers. This leads to lower market adoption, especially in price-sensitive regions. Additionally, increased production costs can limit innovation and scale, preventing companies from expanding their offerings or reaching wider markets. The overall impact results in slower market growth and reduced competition among manufacturers.

Opportunity:

Technological Advancements

Technological advancements are completely transforming the liquid milk replacers market by enhancing product formulation, improving nutrient delivery, and extending shelf life. Innovations in precision nutrition and encapsulation techniques ensure optimal health and growth of young livestock. Automation in mixing and feeding systems boosts efficiency and reduces labor costs for farmers. Additionally, digital monitoring tools enable better management of animal feeding routines. These innovations collectively drive market growth, improve livestock performance, and support sustainable and cost-effective farming practices.

Threat:

Supply Chain and Logistical Issues

Supply chain and logistics challenges have a detrimental influence on the Liquid Milk Replacers (LMR) industry because they cause delays in production, distribution, and essential ingredient supply. Particularly in distant or developing markets, these disruptions result in higher expenses, less reliable supply, and challenges satisfying demand. Moreover, transportation limitations and regulatory complexity impede prompt product delivery, which has a negative impact on sales and market expansion prospects.

Covid-19 Impact

The COVID-19 pandemic significantly disrupted the liquid milk replacers market. Supply chain interruptions led to production delays, shortages, and increased costs. Economic uncertainties affected farmers' purchasing power, prompting some to seek cost-effective alternatives. However, the crisis heightened awareness of animal health, driving demand for quality milk replacers. The shift towards e-commerce and health-conscious consumer preferences is expected to influence long-term market dynamics.

The almond milk segment is expected to be the largest during the forecast period

The almond milk segment is expected to account for the largest market share during the forecast period, due to demand for plant-based, dairy-free alternatives, particularly among lactose-intolerant and health-conscious consumers. Its rise reflects a broader shift toward sustainable and ethical consumption, prompting innovation in liquid replacer formulations. With growing acceptance in infant nutrition, sports recovery, and specialty diets, almond milk is expanding application scopes and boosting market growth. This trend supports a diversified product portfolio across health, wellness, and environmental segments.

The medicated segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the medicated segment is predicted to witness the highest growth rate, as it addresses the growing demand for nutritional supplements and disease prevention in livestock. Medicated liquid milk replacers are designed to improve the health, growth, and overall productivity of young animals, particularly in dairy and livestock farming. These products help in preventing common diseases, enhancing immunity, and supporting faster development, thus boosting the adoption of liquid milk replacers and contributing to market expansion.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share due to demand for convenient, nutritional alternatives to traditional milk. Factors such as rising consumer awareness about lactose intolerance, veganism, and busy lifestyles are pushing the market forward. Additionally, advancements in product formulations and improvements in taste and texture make these products more appealing to a broader audience. Government initiatives promoting dairy alternatives and expanding distribution networks further contribute to the sector's positive momentum in the region.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to demand for specialized nutrition for young animals, particularly in dairy and livestock farming. These products enhance animal health, growth, and productivity, offering an effective alternative to natural milk. With advancements in formulations, including fortified and easy-to-digest options, the market supports sustainable farming practices. The increasing adoption of liquid milk replacers contributes to higher farm efficiency, improved animal welfare, and reduced dependency on traditional milk sources.

Key players in the market

Some of the key players profiled in the Liquid Milk Replacers Market include Cargill, Incorporated, Archer Daniels Midland Company (ADM), CHS Inc., Land O'Lakes, Inc., Lactalis Group, Glanbia plc, Nutreco N.V., FrieslandCampina, Hochwald Foods GmbH, Alltech Inc., Manna Pro Products, LLC, Denkavit Group, Nukamel B.V., Agravis Raiffeisen AG, Calva Products, LLC, Milk Specialties Global, Royal Agrifirm Group, Grober Nutrition Inc. and Volac International Ltd.

Key Developments:

In February 2024, Cargill announced the acquisition of two case-ready meat processing facilities from Infinity Meat Solutions, a subsidiary of Ahold Delhaize USA. This strategic move aims to expand Cargill's production and distribution of supermarket-ready beef and pork products in the Northeastern United States.

In November 2020, Grober Nutrition announced the launch of its new brand, Grober Pets, marking the company's expansion into the companion animal sector. These products are designed to closely mimic mother's milk, ensuring proper growth and development for young animals.

Products Covered:

• Soy Milk
• Almond Milk
• Coconut Milk
• Oat Milk
• Rice Milk

Types Covered:

• Medicated
• Non-medicated

Formulation Types Covered:

• Shelf Stable
• Liquid
• Powdered

Livestocks Covered:

• Calves
• Piglets
• Lambs
• Other Livestocks

Distribution Channels Covered:

• Online
• Offline

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Liquid Milk Replacers Market, By Product

• 5.1 Introduction
• 5.2 Soy Milk
• 5.3 Almond Milk
• 5.4 Coconut Milk
• 5.5 Oat Milk
• 5.6 Rice Milk

6 Global Liquid Milk Replacers Market, By Type

• 6.1 Introduction
• 6.2 Medicated
• 6.3 Non-medicated

7 Global Liquid Milk Replacers Market, By Formulation Type

• 7.1 Introduction
• 7.2 Shelf Stable
• 7.3 Liquid
• 7.4 Powdered

8 Global Liquid Milk Replacers Market, By Livestock

• 8.1 Introduction
• 8.2 Calves
• 8.3 Piglets
• 8.4 Lambs
• 8.5 Other Livestocks

9 Global Liquid Milk Replacers Market, By Distribution Channel

• 9.1 Introduction
• 9.2 Online
• 9.3 Offline

10 Global Liquid Milk Replacers Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Cargill, Incorporated
• 12.2 Archer Daniels Midland Company (ADM)
• 12.3 CHS Inc.
• 12.4 Land O'Lakes, Inc.
• 12.5 Lactalis Group
• 12.6 Glanbia plc
• 12.7 Nutreco N.V.
• 12.8 FrieslandCampina
• 12.9 Hochwald Foods GmbH
• 12.10 Alltech Inc.
• 12.11 Manna Pro Products, LLC
• 12.12 Denkavit Group
• 12.13 Nukamel B.V.
• 12.14 Agravis Raiffeisen AG
• 12.15 Calva Products, LLC
• 12.16 Milk Specialties Global
• 12.17 Royal Agrifirm Group
• 12.18 Grober Nutrition Inc.
• 12.19 Volac International Ltd