Starter feed Market Worth 32.99 Billion USD By 2025 | Global CAGR 7.20%

Starter feed is a mixture of highly digestible proteins, dairy, probiotics, enzymes, acidifiers and palatability agents. It is one of the highly sought products in the animal feed industry. Growing demand for fortified animal feed is expected to boost demand for starter feed over the forecast period.

Sample Infographics:

The global Starter Feed market was valued at USD 22.39 billion in 2016 and is projected to reach USD 32.99 billion by 2025, growing at a CAGR of 7.20% from 2017 to 2025.

Market Dynamics:

1. Market Drivers
1.1 Increase in livestock production to satisfy increased demand for animal-sourced products
1.2 Adoption of precision nutrition technique
2. Market Restraints
2.1 Stagnant livestock production in developing economies

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Market Segmentation:

The global Starter Feedmarket is segmented on the type, livestock, ingredient, form, and region.

1. By Type:

1.1 Non-medicated
1.2 Medicated

2. By Ingredient:

2.1 Corn
2.2 Oats
2.3 Barley
2.4 Wheat
2.5 Soybean
2.6 Others

3. By Livestock:

3.1 Swine
3.2 Ruminants
3.3 Poultry
3.4 Equine
3.5 Aquatic Animals
3.6 Others

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4. By Form:

4.1 Crumbles
4.2 Pellets
4.3 Others

5. By Region:

5.1 North America U.S., Canada, Mexico
5.2 Europe Germany, UK, France, Rest of Europe
5.3 Asia Pacific China, India, Japan, Rest of Asia Pacific
5.4 Latin America Brazil, Argentina, Rest of Latin America
5.5 Middle East & Africa

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Competitive Landscape:

The major players in the market are as follows:

1. Cargill
2. ACI Godrej Agrovet Private Limited
3. Archer Daniels Midland Company
4. Alltech
5. Evonik Industries
6. RoquetteFreres SA
7. Associated British Foods PLC
8. Nutreco NV
9. Charoen Pokphand Foods PLC
10. Purina Mills LLC

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology of Planet Market Reports
Research study on the Starter Feed Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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