Market Overview:
The global lamb milk replacer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for meat and meat products, increasing awareness about animal husbandry and livestock farming, and technological advancements in the field of lamb milk replacers. The global lamb milk replacer market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into 23%-25% protein content segments and 26-28% protein content segments. The 23%-25% protein content segments are further sub-segmented into low fat (LF) Lamb Milk Replacer (LMR) and high fat (HF) Lamb Milk Replacer (HMR). On the basis of application,the market is segmented intolamb less than 45 days oldandlamb bigger than 45 days old .
Product Definition:
Lamb milk replacer is a product that is used to replace the milk that lambs would drink from their mothers. This product is important because it helps to ensure that the lambs are getting the nutrients they need in order to grow and develop properly.
23%-25% Protein:
23%-25% protein is a milk protein concentrate, it contains all the essential amino acids and has a very high biological value. It's used as an alternative to regular milk proteins in various food products such as ice creams, yogurts & cheese and nutritional drinks. The growing demand for these products on account of increasing health concerns coupled with rising disposable income is expected to drive the market over the forecast period.
26-28% Protein:
26-28% protein is the percentage of protein in a mixture that can replace up to 100% of the milk and still leave room for growth, based on current nutritional requirements. Protein is an essential nutrient for all living organisms; however, plants cannot synthesize it and so it has to be provided by external sources. Milk provides high-quality proteins as compared to other plant sources such as soy or wheat.
Application Insights:
Lam less than 45 days was the largest application segment in 2017 and is expected to witness significant growth over the forecast period. The product demand in this application is majorly driven by infant formulas as it provides higher protein percentage (26-28%) as compared to other milk types.
The lamb bigger than 45 days segment held a substantial market share of more than 40% in terms of revenue in 2017. This application requires different type of milk replacers depending upon the age group consuming them, for instance, younger lambs require 23%-25% protein while older lambs need 26-28%. The changing nutritional requirement drives consumer preference towards various products which results into increased demand for lamb milk replacer across all age groups above 30 days.
Regional Analysis:
North America dominated the global lamb milk replacer market in 2017. The rising awareness among consumers about the health benefits of breast milk is expected to remain a favorable factor for the industry growth. Furthermore, increasing demand for baby food products with reduced levels of saturated fat and cholesterol is anticipated to propel product demand over the forecast period.
Asia Pacific region is projected to witness significant growth over the next eight years owing to an increase in birth rates and consumer awareness regarding infant nutrition coupled with easy access to low-cost raw materials such as soybean and casein. Moreover, an increase in disposable income levels will also contribute towards regional market expansion during this period.
Growth Factors:
- Increasing demand for milk replacers from the dairy industry as a result of growing awareness about the benefits of using milk replacers over whole milk for calves
- Rising demand for organic lamb milk replacer products owing to the increasing trend of organic farming
- Growing popularity of automated feeding systems that require powdered lamb milk replacer products
- Proliferation of private label brands in the market that are offering affordable prices for high quality lamb milk replacer products
- Technological advancements in production processes that are resulting in better quality and more reliable lamb milk replacers
Scope Of The Report
Report Attributes
Report Details
Report Title
Lamb Milk Replacer Market Research Report
By Type
23%-25% Protein, 26-28% Protein
By Application
Lamb Less Than 45 Days, Lamb Bigger Than 45 Days
By Companies
Bonanza Calf Nutrition, Milligans Food Group, Milk & Co., Manna Pro, Milk Specialties, Inc., Ngahiwi Farms, Hubbard Feeds, SCA Provimi Multimilk, ProviCo, Agrivantage, Veanavite, Lamlac, Grober Nutrition, Merricks, Milligans, Ngahiwi Farms, Independents Own, Britmilk, MaxCare, Sav-A-Caf, DuMOR
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Lamb Milk Replacer Market Report Segments:
The global Lamb Milk Replacer market is segmented on the basis of:
Types
23%-25% Protein, 26-28% Protein
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Lamb Less Than 45 Days, Lamb Bigger Than 45 Days
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bonanza Calf Nutrition
- Milligans Food Group
- Milk & Co.
- Manna Pro
- Milk Specialties, Inc.
- Ngahiwi Farms
- Hubbard Feeds
- SCA Provimi Multimilk
- ProviCo
- Agrivantage
- Veanavite
- Lamlac
- Grober Nutrition
- Merricks
- Milligans
- Ngahiwi Farms
- Independents Own
- Britmilk
- MaxCare
- Sav-A-Caf
- DuMOR
Highlights of The Lamb Milk Replacer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 23%-25% Protein
- 26-28% Protein
- By Application:
- Lamb Less Than 45 Days
- Lamb Bigger Than 45 Days
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lamb Milk Replacer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lamb milk replacer is a product made from soy or almond milk that is designed to be used in place of cow's milk in recipes. It can be found at most grocery stores and can usually be substituted for 1 cup of cow's milk.
Some of the key players operating in the lamb milk replacer market are Bonanza Calf Nutrition, Milligans Food Group, Milk & Co., Manna Pro, Milk Specialties, Inc., Ngahiwi Farms, Hubbard Feeds, SCA Provimi Multimilk, ProviCo, Agrivantage, Veanavite, Lamlac, Grober Nutrition, Merricks, Milligans, Ngahiwi Farms, Independents Own, Britmilk, MaxCare, Sav-A-Caf, DuMOR.
The lamb milk replacer market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lamb Milk Replacer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lamb Milk Replacer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lamb Milk Replacer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lamb Milk Replacer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lamb Milk Replacer Market Size & Forecast, 2018-2028
4.5.1 Lamb Milk Replacer Market Size and Y-o-Y Growth
4.5.2 Lamb Milk Replacer Market Absolute $ Opportunity
Chapter 5 Global Lamb Milk Replacer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lamb Milk Replacer Market Size Forecast by Type
5.2.1 23%-25% Protein
5.2.2 26-28% Protein
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lamb Milk Replacer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lamb Milk Replacer Market Size Forecast by Applications
6.2.1 Lamb Less Than 45 Days
6.2.2 Lamb Bigger Than 45 Days
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lamb Milk Replacer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lamb Milk Replacer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lamb Milk Replacer Analysis and Forecast
9.1 Introduction
9.2 North America Lamb Milk Replacer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lamb Milk Replacer Market Size Forecast by Type
9.6.1 23%-25% Protein
9.6.2 26-28% Protein
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lamb Milk Replacer Market Size Forecast by Applications
9.10.1 Lamb Less Than 45 Days
9.10.2 Lamb Bigger Than 45 Days
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lamb Milk Replacer Analysis and Forecast
10.1 Introduction
10.2 Europe Lamb Milk Replacer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lamb Milk Replacer Market Size Forecast by Type
10.6.1 23%-25% Protein
10.6.2 26-28% Protein
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lamb Milk Replacer Market Size Forecast by Applications
10.10.1 Lamb Less Than 45 Days
10.10.2 Lamb Bigger Than 45 Days
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lamb Milk Replacer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lamb Milk Replacer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lamb Milk Replacer Market Size Forecast by Type
11.6.1 23%-25% Protein
11.6.2 26-28% Protein
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lamb Milk Replacer Market Size Forecast by Applications
11.10.1 Lamb Less Than 45 Days
11.10.2 Lamb Bigger Than 45 Days
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lamb Milk Replacer Analysis and Forecast
12.1 Introduction
12.2 Latin America Lamb Milk Replacer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lamb Milk Replacer Market Size Forecast by Type
12.6.1 23%-25% Protein
12.6.2 26-28% Protein
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lamb Milk Replacer Market Size Forecast by Applications
12.10.1 Lamb Less Than 45 Days
12.10.2 Lamb Bigger Than 45 Days
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lamb Milk Replacer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lamb Milk Replacer Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lamb Milk Replacer Market Size Forecast by Type
13.6.1 23%-25% Protein
13.6.2 26-28% Protein
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lamb Milk Replacer Market Size Forecast by Applications
13.10.1 Lamb Less Than 45 Days
13.10.2 Lamb Bigger Than 45 Days
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lamb Milk Replacer Market: Competitive Dashboard
14.2 Global Lamb Milk Replacer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bonanza Calf Nutrition
14.3.2 Milligans Food Group
14.3.3 Milk & Co.
14.3.4 Manna Pro
14.3.5 Milk Specialties, Inc.
14.3.6 Ngahiwi Farms
14.3.7 Hubbard Feeds
14.3.8 SCA Provimi Multimilk
14.3.9 ProviCo
14.3.10 Agrivantage
14.3.11 Veanavite
14.3.12 Lamlac
14.3.13 Grober Nutrition
14.3.14 Merricks
14.3.15 Milligans
14.3.16 Ngahiwi Farms
14.3.17 Independents Own
14.3.18 Britmilk
14.3.19 MaxCare
14.3.20 Sav-A-Caf
14.3.21 DuMOR
