Market Overview:
The global starter feed market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for animal-based food products, rising awareness about animal health and nutrition, and growing demand for organic starter feed. In terms of type, the medicated starter feed segment is expected to grow at a higher CAGR than the non-medicated starter feed segment during the forecast period. This can be attributed to the increasing prevalence of diseases among livestock and poultry and rising awareness about preventive measures against these diseases. In terms of application, pellets are projected to account for a larger share of the global starter feed market than crumbles during the forecast period.
Product Definition:
A starter feed is a food that is specifically designed to help young animals get started on a healthy diet. Starter feeds are typically made of high-quality ingredients and are low in fat. They also contain essential vitamins and minerals that help support the growth and development of young animals.
Medicated:
Medicated starter feed is a nutritional supplement which helps in improving the performance of animals. It contains antibiotics, anti-parasitic and anabolic agents. Anabolic agents are used to promote growth while anti-parasitic and antibiotic products prevent infection among animals as well as safeguard their health during food production processes.
Non-medicated:
Non-medicated is a feed additive that improves the performance of animals and reduces their susceptibility to diseases. It helps in enhancing weight gains, improving reproduction, and reducing mortality rates. The product also aids in maintaining gut health which further enhances animal metabolism.
The global starter feed market is expected to witness significant growth over the forecast period owing to rising demand for high-quality meat from developed countries such as U.S.
Application Insights:
Pellets accounted for the largest revenue share of over 40.0% in 2017 and is anticipated to maintain its dominance over the forecast period. The product has a high protein content (over 35% crude protein) which makes it ideal for growing animals including poultry, ruminants and fish. Pellet form of feed is easy to store, transport & handle as compared to other forms such as crumbles or mash which are more expensive due to additional processing & packaging costs involved in their production.
The Starter Feed Market in North America was valued at USD 575 million in 2017 owing to presence of numerous manufacturers along with favorable government policies that support agricultural development across the region especially focusing on increasing livestock productivity through advanced breeding techniques & technologies coupled with input from feed scientists regarding formulation advancements specific towards animal nutrition requirements thus driving industry growth over the forecast period.
Regional Analysis:
Europe was the largest regional market in 2017 and is anticipated to witness significant growth over the forecast period. The region accounted for a share of more than 30% in terms of revenue owing to high demand from countries, such as Germany, France, U.K., Russia and Poland. Rising pet population coupled with increasing awareness regarding animal health & nutrition is expected to drive product demand over the forecast period.
Asia Pacific is projected to be one of the fastest-growing regional markets at a CAGR exceeding 5% during the forecast years on account of rapid urbanization along with growing disposable income levels among consumers especially in China and India are expected to drive product consumption over next eight years.
North America has been witnessing an increase in companion animal population which has led people opting for premium dog food products that are rich in nutrients.
Growth Factors:
- Increasing demand for animal protein in developing countries
- Rising awareness about the benefits of animal husbandry and livestock farming
- Growing popularity of organic and sustainable farming practices
- Proliferation of small-scale farmers and hobbyists who are interested in raising their own livestock
- Advances in feed technology that make it easier and more affordable to produce quality feed
Scope Of The Report
Report Attributes
Report Details
Report Title
Starter Feed Market Research Report
By Type
Medicated, Non-medicated
By Application
Pellets, Crumbles, Other Forms
By Companies
Cargill, Archer Daniels Midland, Evonik, Associated British Foods, Purina Mills, Charoen Pokphand Foods, Nutreco, Roquette Freres, Alltech, ACI Godrej Agrovet Private, Cargill
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
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Starter Feed Market Report Segments:
The global Starter Feed market is segmented on the basis of:
Types
Medicated, Non-medicated
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
Pellets, Crumbles, Other Forms
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:
- Cargill
- Archer Daniels Midland
- Evonik
- Associated British Foods
- Purina Mills
- Charoen Pokphand Foods
- Nutreco
- Roquette Freres
- Alltech
- ACI Godrej Agrovet Private
- Cargill
Highlights of The Starter Feed 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:
- Medicated
- Non-medicated
- By Application:
- Pellets
- Crumbles
- Other Forms
- 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 Starter Feed 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:
- Correctly Positioning New 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?
A starter feed is a type of food that can be used to help new animals get started on a diet. Starter feeds are usually made up of grains, hay, and water.
Some of the key players operating in the starter feed market are Cargill, Archer Daniels Midland, Evonik, Associated British Foods, Purina Mills, Charoen Pokphand Foods, Nutreco, Roquette Freres, Alltech, ACI Godrej Agrovet Private, Cargill.
The starter feed 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 Starter Feed 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 Starter Feed Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Starter Feed 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 Starter Feed 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 Starter Feed Market Size & Forecast, 2020-2028
4.5.1 Starter Feed Market Size and Y-o-Y Growth
4.5.2 Starter Feed Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Medicated
5.2.2 Non-medicated
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Pellets
6.2.2 Crumbles
6.2.3 Other Forms
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Starter Feed 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 Starter Feed 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Medicated
9.6.2 Non-medicated
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 Market Size Forecast by Applications
9.10.1 Pellets
9.10.2 Crumbles
9.10.3 Other Forms
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Medicated
10.6.2 Non-medicated
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 Market Size Forecast by Applications
10.10.1 Pellets
10.10.2 Crumbles
10.10.3 Other Forms
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Medicated
11.6.2 Non-medicated
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 Market Size Forecast by Applications
11.10.1 Pellets
11.10.2 Crumbles
11.10.3 Other Forms
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Medicated
12.6.2 Non-medicated
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 Market Size Forecast by Applications
12.10.1 Pellets
12.10.2 Crumbles
12.10.3 Other Forms
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Medicated
13.6.2 Non-medicated
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) Market Size Forecast by Applications
13.10.1 Pellets
13.10.2 Crumbles
13.10.3 Other Forms
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 Starter Feed Market: Competitive Dashboard
14.2 Global Starter Feed Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 Archer Daniels Midland
14.3.3 Evonik
14.3.4 Associated British Foods
14.3.5 Purina Mills
14.3.6 Charoen Pokphand Foods
14.3.7 Nutreco
14.3.8 Roquette Freres
14.3.9 Alltech
14.3.10 ACI Godrej Agrovet Private
14.3.11 Cargill
