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Global liquid feed market is fragmented in nature due to presence of various industrial participants and the steady entry of new players in the market.
are some of the players in the market holding lucrative share.
Also, players in the market are applying various strategies including product advancement to compete in the market. For instance, Liquid Feeds International company sources high quality sugarcane molasses from Louisiana which is an 84 BRIX cane molasses. Sugar and molasses supplements increase the digestibility of diet dry and organic matter and increase feed intake as well as microbial production in the rumen.
Major industry players cater their products to a wide range of livestock that include ruminant, poultry, swine, aquaculture, and many others. Moreover, in order to strengthen the market position, key players are engaged in several activities include product development & innovations, mergers, acquisitions, and others.
For instance, In October 2021, BASF and Cargill expanded their partnership in the animal nutrition business. The companies added their research and development capabilities to enhance their market position in Brazil and Middle East & Africa Region.