- Medicated
- Non Medicated
Starter Feed Market size was valued at USD 25.2 billion in 2022 and is poised to grow at a CAGR of 4.4% from 2023-2029. Starter feed is a mixture of dairy and digestive probiotics, protein products, pacifiers, enzymes and flavours & sweeteners to obtain high performing pre-starter and starter diets. In the first stages, the solid ingestion leaves from a period of adaptation of animal to a new diet. During the initial ages the animal develops its digestive and enzymatic system, in order to optimal growth and function. Usage of the quality starter feeds an initial age of animals, can obtain much higher outputs on animal performance in terms of growth, nutritional and sanitary. Starter Feed Market report gives a comprehensive outlook on across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply of global market.
Starter Feed Market Key Developments:
- In July 2014, Cargill Indonesia launched a new starter feed, Immuno Brooster for broilers in Indonesia. This report on global market gives historical, current, and future market sizes (US$ Mn) of sfeed, ingredients, livestock and geographic regions.
Starter Feed Market Summary
Study Period
2023-29
Base Year
2022
CAGR
4.4%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Starter Feed Market Dynamics
The global starter feed market is mainly driven by the rising health concerns related to animals around the globe. In addition, growing adaptation of animals, growing livestock production to meet the rising meat consumption and adaptation of precision nutrition techniques to increase the productivity of the animals. However, lack of awareness related to starter feed products and stringent regulatory policies for approval are expected to hamper the growth of the feed market during the forecast period.
North-America Got Significant Share
Starter Feed Market Regional Analysis
North America starter feed market expected to grow at significant rates owing to the rise in meat consumption rates, growing awareness and concerns regarding the animal health for best productivity. In addition, development of livestock industry in this region expected to fuel the growth. Asia Pacific projecting the lucrative growth opportunity for starter feed market players owing to the developing livestock industry and growing rates of meat demand in the region. In India product developments and launches by the local and international players are driving the market growth. For instance, in September 2017, Markfed launched calf starter feed in consultation with GADVASU.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The starter feed market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Starter Feed Market Segmentation
By Feed
By Ingredients
- Wheat
- Corn
- Soybean
- Oats
- Barley
By Livestock
- Swine
- Poultry
- Ruminants
- Equine
By Geography
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
Frequently Asked Questions
The starter feed market size was valued at USD 25.2 billion in 2022
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
BASF SE (Germany) Cargill, Incorporated (U.S.) Nukamel B.V. (Netherlands) Archer Daniels Midland Company (U.S.) ForFarmers(Netherlands) Koninklijke DSM NV (Netherlands)
- BASF SE (Germany)
- Cargill, Incorporated (U.S.)
- Nukamel B.V. (Netherlands)
- Archer Daniels Midland Company (U.S.)
- ForFarmers(Netherlands)
- Koninklijke DSM NV (Netherlands)
- Evonik Industries AG (Germany)