The Starter Feed Market size was valued at USD 25.2 Bn. in 2023 and the total Starter Feed revenue is expected to grow at a CAGR of 4.4% from 2024 to 2030, reaching nearly USD 34.06 Bn.
Starter Feed Market Overview
Starter feed, made from high-quality agro ingredients, is rigorously tested to ensure reliability and optimal nutrition at competitive prices. Designed to ease the transition to solid feed and improve nutrient absorption, it supports healthy growth and reduces mortality rates in young animals. With protein content typically between 18% and 20% and balanced calories, starter feeds are essential for the development of fast-growing chicks until they switch to grower feed around six weeks. This segment of the animal feed industry is crucial for meeting the nutritional needs of young poultry.
Market Forecast and Key Dynamics:
Rising global demand for meat and dairy, driven by population growth, increasing incomes, and urbanization, is boosting the starter feed market. In rapidly urbanizing countries like China and India, higher meat consumption creates a greater need for quality starter feeds to support livestock. Farmers are increasingly recognizing the importance of early nutrition, leading to the adoption of specialized starter feeds. Companies such as Nutreco provide tailored starter feeds that ensure essential nutrients for young animals’ growth.
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Starter Feed Market Regional Insights
In 2023, the Asia-Pacific region held the largest market share for starter feed. The region is seeing a push towards sustainable starter feed production, driven by agricultural departments and ministries. These efforts focus on improving feed quality and accessibility for livestock producers. Governments are offering financial incentives and support to encourage sustainable practices, including subsidies for group certification, which help reduce costs for farmers transitioning to eco-friendly methods.
Starter Feed Market Segmentation
By Type
Medicated
Non-Medicated
By Form
Pellets
Crumbles
Others
By Livestock
Ruminant
Poultry
Swine
Aquaculture
Others
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Starter Feed Market Key Players
North America
Cargill Inc. (United States)
Archer Daniels Midland Company (United States)
Land O’Lakes Inc. (United States)
Purina Animal Nutrition LLC (United States)
Alltech Inc. (United States)
Kent Corporation (United States)
Tyson Foods Inc. (United States)
J.D. Heiskell & Co. (United States)
Europe:
Nutreco NV (Netherlands)
ForFarmers NV (Netherlands)
De Heus Animal Nutrition (Netherlands)
Agravis Raiffeisen AG (Germany)
A-One Feeds (UK) Limited (United Kingdom)
Biomin Holding GmbH (Austria)
Asia Pacific
Charoen Pokphand Foods PCL (Thailand)
New Hope Group Co., Ltd. (China)
Wen’s Food Group (China)
Ridley Corporation Ltd. (Australia)
EWOS Group (Norway)
Kyodo Shiryo Co., Ltd. (Japan)
Key questions answered in the Starter Feed Market are:
- What is Starter Feed?
- What was the Starter Feed market size in 2021?
- What is the growth rate of the Starter Feed Market?
- Which are the factors expected to drive the Starter Feed market growth?
- What are the different segments of the Starter Feed Market?
- What growth strategies are the players considering to increase their presence in Starter Feed?
- What are the upcoming industry applications and trends for the Starter Feed Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Starter Feed Market?
- What segments are covered in the Starter Feed Market?
- Who are the leading companies and what are their portfolios in Starter Feed Market?
- What segments are covered in the Starter Feed Market?
- Who are the key players in the Starter Feed market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by Different Segment | 2022-2027
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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