Global Pet Milk Replacers Market Report and Forecast 2024-2032

Global Pet Milk Replacers Market Outlook

The global pet milk replacers market is expected to grow at a CAGR of 7.3% during the period 2024-2032. Rising pet ownership and the need to fulfill nutritional needs of animals in the agricultural industry are expected to drive the market. North America, Europe and Asia are expected to be key markets.

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Global Market Likely to be Driven by Growing Pet Ownership and Demand for Animal Nutrition in the Agricultural Industry

In recent years, the pet market has grown significantly with changing lifestyles (for example, living alone or being in a marriage without a child). Pets or companion animals offer humans much needed interaction that gives some social, medical, emotional and physical benefits. Such companion animals include dogs, cats, rabbits, etc. In case of early weaned and orphaned animals, milk replacers are suggested as a way of feeding if mother’s milk is not available.

Milk replacers provide baby animals the nutrition necessary for growth when the mother’s milk is unavailable. Today, milk replacers carry ingredients that support gut health and digestion. In certain circumstances milk replacers supplement mother’s milk when the mother is unable to produce sufficient milk to feed the baby satisfactorily. For example, foals generally nurse for very short periods throughout the day; if they continue to suckle for over 30 seconds at a time, they probably aren’t getting sufficient milk. Giving a milk replacer as a supplement helps the foal get adequate nutrition. Sometimes, new mothers reject their babies due to confusion, and remain unsure of how to take care of their babies. Sometimes, the mother falls ill or injured, and does not possess the physical strength to feed the baby at regular intervals. Also, if the mother is on medication, it may impede the mother’s ability to nurse safely. These purposes fulfilled by pet milk replacers are expected to boost the global pet milk replacers market.

Availability of Multi-species Milk Replacers Expected to Stimulate the Market

Pet owners or pregnant livestock owners keep milk replacers for situations where the mother becomes unavailable. Milk replacers contain a balance of proteins, fats, and carbohydrates – necessary nutrients for baby animals. Today, multi-species milk replacers are available on the market; these products may be used for calves, foals, goat kids, puppies and piglets. However, when employing a multi-species milk replacer, the feeding schedule must be adjusted to meet the needs of the species. It is noteworthy that milk replacers do not provide colostrum. New-born animals that don’t have mothers available at birth require a colostrum supplement within two hours of birth.

Sometimes, pets require a supplement for growth and development. Multi-species milk replacers meet puppies’ nutritional needs when they are unable to get mother’s milk, for example, mother dogs at times are unable or unwilling to nurse their puppies.

Leading Firms Seek to Enhance Innovation Capabilities and Invest in the Development of Novel Nutritional Solutions

An important trend in global dairy and beef production is the desire to achieve a deeper understanding of ways to maximise the genetic potential of the animal, and companies seek to study start of life as the crucial period in which significant gains in production may be made. With rapidly growing global population, the demand for dairy and meat is expected to increase significantly. Fulfilling this demand would be a challenge for the agricultural industry. Thus, companies are looking to enhance innovation capabilities and invest in the development of novel nutritional solutions to meet animals’ nutritional needs and also the world’s food requirements. For example, in 2016, Trouw Nutrition opened a new calf and beef research facility in the Netherlands. The new facility would be engaged in advanced studies along with the group's two existing dairy facilities in Boxmeer and Burford, Canada, to facilitate innovation in ruminant nutrition.

Global Pet Milk Replacers Market Segmentation

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By pet category, the market is segmented into:

• Dogs
• Cats
• Others

By product, the market is classified into:

• Medicated
• Non-Medicated

By form, the market is divided into:

• Powder
• Liquid

By region, the market is segmented into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

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Key Industry Players in the Global Pet Milk Replacers Market

The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• CHS Inc.
• Pet-Ag, Inc.
• Archer-Daniels-Midland Company
• Purina Animal Nutrition LLC.
• Calva Products Inc.
• Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report