Global Starter Feed Market - 2023-2030
Global Starter Feed Market reached US$ 25.42 billion in 2022 and is expected to reach US$ 37.98 billion by 2030, growing with a CAGR of 5.15% during the forecast period 2023-2030.
The global starter feed market has witnessed significant growth, Swine, and poultry industries are highly adopting these starter feeds as a type of special formulation for young animals, as they provide all the essential nutrients, and proteins. They help in enhancing the growth and development of animals. Hence, such factors help drive the global starter feed market.
Furthermore, many manufacturing companies are launching innovative high quality products in order to attract larger consumers. For instance, in January 2020, Alltech Coppens launched an improved range of innovative starter feeds TOP fry feed for trout. This has an optimized ratio between digestible protein and digestible energy. This helps in better performance and improves feed efficiency. Hence, such products can help in increasing the adoption rate.
The pellets segment accounts for over half of the market share. Similarly, North America dominates the starter feed market, capturing the largest market share of over 1/3rd. The region’s high population of cattle and high consumption rates of meat can help in increasing the market growth.
Dynamics
Raising Demand for Animal-Based Products
The demand for animal-based products is increasing. For instance, according to the Department of Agriculture, Fisheries and Forestry report of 2023, in Australia, the total value of poultry meat production to be $3.5 billion in 2022–23 and $3.6 billion in 2023–24. And pork meat production is 1.7 billion in 2022–23 and $1.8 billion in 2023–24.
Furthermore, as the demand for animal-based products is increasing farmers are highly adopting starter feeds in animal diets, as they provide a balanced nutrition protein, carbohydrates, fats, and others for younger animals and promote rapid and healthy growth and development in young animals, This also helps in enhancing the productivity rates in animals. hence, such factors can lead to an increase in market growth.
Raising in Demand for Nutritive Animal Feeds.
Farmers and poultry industries are highly seeking nutritive animal feeds, which increases the demand for starter feeds as they are formulated to provide all the essential nutrients to younger and enable them to adopt the solid feed and enhance the absorption of feed. They help enhance the growth, and productivity of young animals. Hence, such factors help in increasing the market growth.
Furthermore, many manufacturing companies are focusing on producing innovative high-quality products in order to attract larger consumer bases. For instance, Thaliyan Group company produces Grand Master, It is a balanced starter feed for pigs. It is fortified with Bioactive chromium, pro-biotic, biotin, and others. It enhances immunity, health, Faster weight gain, and heat regulation. Hence, such products help in increasing the adoption rate.
Less Awareness
The less awareness significantly affects the growth of the global starter feed market. Some farmers may not be aware of the benefits of starter feeds in younger animals and may opt for other alternatives, this could affect the adoption rate of starter feeds in animals, hence, it can lead to a decline in the growth of the global starter feed market.
Furthermore, the National Livestock Mission of the Department of Animal Husbandry and Dairying(DAHD), Government of India, which commenced in 2021 training on all aspects of Animal Husbandry Practices including that of animal feed production has been included. Because of less awareness, many farmers couldn’t opt for this which could affect the market growth.
Segment Analysis
The global starter feed market is segmented based on type, ingredients, distribution channel, form, livestock, nature, and region.
Increase in Demand for Effective Nutrition for Animals
The pellets segment holds the maximum share in the global starter feed market. Farmers are adopting these feeds as they provide balanced nutrition to younger animals, help improve their digestive health, and help in the absorption of nutrients more effectively, which helps in improving the growth and development of animals. Hence, it can help in increasing the market growth.
Furthermore, as the demand is increasing many key players are launching innovative high-quality products in order to attract larger consumers. For instance, in December 2021, Biomar company launched a new fish starter feed pellet Inicio Plus. This product has pellets of a diameter size of 0.35mm and is optimized for covering the nutritional requirements of the fry and for giving an “improved feeding experience. Hence, such products can help in increasing the adoption rate.
Geographical Penetration
High Population of Ruminants and High Consumption of meat
The Asia-Pacific region has been a dominant force in the global starter feed market, as the farmers in this region are highly adopting these starter feeds in animal diets as they provide all the essential nutrients and help younger animals to adopt the solid feeds, they also help in improving the digestive health and enhances the development of animals. Hence, such factors help in increasing the market in this region.
Furthermore, the cattle population is high in this region. For instance, according to a USDA report of 2023, there were 89.3 million head of cattle and calves on U.S. farms, and a total of 34.5 million calves are present in the U.S. Hence, the presence of a such large number of cattle in this region can help in increasing the usage of starter feed.
Additionally, the consumption of meat is high in this region, as consumers in this region are highly adopting protein-rich diets. For instance, according to a USDA report, the Pork Consumption per capita in the US was from 51.1 to 51.6 Pounds in 2022. Hence, such high consumption rates can help in increasing the adoption of nutritive feeds such as starter feed in this region.
Competitive Landscape
The major global players in the market include Thaliyan Group, Purina Animal Nutrition LLC, Cargill, Incorporated., Japfa, Noriture, Kalmbach Feeds, VITALAC, Lindner Show Feeds, Poulin Grain Inc., and Kent Nutrition Group.
COVID-19 Impact Analysis
The pandemic has brought unprecedented challenges for industries worldwide including global starter feed market, many manufacturing companies were shut down due to government lockdown restrictions which have led to a decrease in the availability of products in the market, which has led to a decrease in the growth of global starter feed market.
By Type
• Medicated
• Non-Medicated
By Ingredient
• Wheat
• Corn
• Soybean
• Oats
• Barley
• Others
By Distribution Channel
• Company Stores
• E-Commerce
• Hypermarkets/Supermarkets
• Specialty Stores
• Others
By Form
• Pellets
• Crumbles
• Others
By Livestock
• Ruminants
• Swine
• Poultry
• Broiler
• Layer
• Breeder
• Aquatic
• Equine
By Nature
• Organic
• Conventional
By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
UK
France
Italy
Russia
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
• Middle East and Africa
Key Developments
• In June 2022, Wilbur-Ellis Nutrition acquired F.L. Emmert. A leading manufacturer and marketer of advanced nutritional solutions for the pets and livestock industries. The acquisition will expand our product and customer base in pet food with value-added products.
• In June 2022, Cargill and Continental Grain Company reached an agreement to acquire Sanderson Farms and merge it with Wayne Farms, a poultry integrator owned by Continental Grain.
• In June 2022, Cargill acquired Delacon a leading expert in plant-based phytogenic additives. The acquisition combines Cargill’s global network and expertise in animal nutrition technologies with Delacon’s pioneering knowledge and market experience in phytogenic feed additives, a category that uses a broad range of herbs, plants, and their extracts, such as essential oils, to improve livestock and aquaculture performance and promote animal health.
Why Purchase the Report?
• To visualize the global starter feed market segmentation based on type, ingredients, distribution channel, form, livestock, nature, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of Starter Feed market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.
The global Starter Feed market report would provide approximately 85 tables, 92 figures and 216 Pages.
Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies
- 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Objective and Scope of the Report
- 2. Definition and Overview
- 3. Executive Summary
- 3.1. Snippet by Type
- 3.2. Snippet by Ingredient
- 3.3. Snippet by Distribution Channel
- 3.4. Snippet by Form
- 3.5. Snippet by Livestock
- 3.6. Snippet by Nature
- 3.7. Snippet by Region
- 4. Dynamics
- 4.1. Impacting Factors
- 4.1.1. Drivers
- 4.1.1.1. Raising Demand for Animal-Based Products
- 4.1.1.2. Raising in Demand for Nutritive Animal Feeds.
- 4.1.2. Restraints
- 4.1.2.1. Less Awareness
- 4.1.3. Opportunity
- 4.1.4. Impact Analysis
- 5. Industry Analysis
- 5.1. Porter's Five Force Analysis
- 5.2. Supply Chain Analysis
- 5.3. Pricing Analysis
- 5.4. Regulatory Analysis
- 5.5. DMI Opinion
- 6. COVID-19 Analysis
- 6.1. Analysis of COVID-19
- 6.1.1. Scenario Before COVID
- 6.1.2. Scenario During COVID
- 6.1.3. Scenario Post COVID
- 6.2. Pricing Dynamics Amid COVID-19
- 6.3. Demand-Supply Spectrum
- 6.4. Government Initiatives Related to the Market During Pandemic
- 6.5. Manufacturers Strategic Initiatives
- 6.6. Conclusion
- 7. By Type
- 7.1. Introduction
- 7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 7.1.2. Market Attractiveness Index, By Type
- 7.2. Medicated*
- 7.2.1. Introduction
- 7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 7.3. Non-Medicated
- 8. By Ingredient
- 8.1. Introduction
- 8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredient
- 8.1.2. Market Attractiveness Index, By Ingredient
- 8.2. Wheat*
- 8.2.1. Introduction
- 8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 8.3. Corn
- 8.4. Soybean
- 8.5. Oats
- 8.6. Barley
- 8.7. Others
- 9. By Distribution Channel
- 9.1. Introduction
- 9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 9.1.2. Market Attractiveness Index, By Distribution Channel
- 9.2. Company Stores*
- 9.2.1. Introduction
- 9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 9.3. E-Commerce
- 9.4. Hypermarkets/Supermarkets
- 9.5. Specialty Stores
- 9.6. Others
- 10. By Form
- 10.1. Introduction
- 10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 10.1.2. Market Attractiveness Index, By Form
- 10.2. Pellets*
- 10.2.1. Introduction
- 10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 10.3. Crumbles
- 10.4. Others
- 11. By Livestock
- 11.1. Introduction
- 11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Livestock
- 11.1.2. Market Attractiveness Index, By Livestock
- 11.2. Ruminants*
- 11.2.1. Introduction
- 11.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 11.3. Swine
- 11.4. Poultry
- 11.4.1. Broiler
- 11.4.2. Layer
- 11.4.3. Breeder
- 11.5. Aquatic
- 11.6. Equine
- 12. By Nature
- 12.1. Introduction
- 12.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Nature
- 12.1.2. Market Attractiveness Index, By Nature
- 12.2. Organic*
- 12.2.1. Introduction
- 12.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
- 12.3. Conventional
- 13. By Region
- 13.1. Introduction
- 13.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
- 13.1.2. Market Attractiveness Index, By Region
- 13.2. North America
- 13.2.1. Introduction
- 13.2.2. Key Region-Specific Dynamics
- 13.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 13.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredient
- 13.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 13.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 13.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Livestock
- 13.2.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Nature
- 13.2.9. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 13.2.9.1. U.S.
- 13.2.9.2. Canada
- 13.2.9.3. Mexico
- 13.3. Europe
- 13.3.1. Introduction
- 13.3.2. Key Region-Specific Dynamics
- 13.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 13.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredient
- 13.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 13.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 13.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Livestock
- 13.3.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Nature
- 13.3.9. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 13.3.9.1. Germany
- 13.3.9.2. UK
- 13.3.9.3. France
- 13.3.9.4. Italy
- 13.3.9.5. Russia
- 13.3.9.6. Rest of Europe
- 13.4. South America
- 13.4.1. Introduction
- 13.4.2. Key Region-Specific Dynamics
- 13.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 13.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredient
- 13.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 13.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 13.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Livestock
- 13.4.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Nature
- 13.4.9. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 13.4.9.1. Brazil
- 13.4.9.2. Argentina
- 13.4.9.3. Rest of South America
- 13.5. Asia-Pacific
- 13.5.1. Introduction
- 13.5.2. Key Region-Specific Dynamics
- 13.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 13.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredient
- 13.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 13.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 13.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Livestock
- 13.5.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Nature
- 13.5.9. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
- 13.5.9.1. China
- 13.5.9.2. India
- 13.5.9.3. Japan
- 13.5.9.4. Australia
- 13.5.9.5. Rest of Asia-Pacific
- 13.6. Middle East and Africa
- 13.6.1. Introduction
- 13.6.2. Key Region-Specific Dynamics
- 13.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Type
- 13.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Ingredient
- 13.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Distribution Channel
- 13.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Form
- 13.6.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Livestock
- 13.6.8. Market Size Analysis and Y-o-Y Growth Analysis (%), By Nature
- 14. Competitive Landscape
- 14.1. Competitive Scenario
- 14.2. Market Positioning/Share Analysis
- 14.3. Mergers and Acquisitions Analysis
- 15. Company Profiles
- 15.1. Thaliyan Group*
- 15.1.1. Company Overview
- 15.1.2. Product Portfolio and Description
- 15.1.3. Financial Overview
- 15.1.4. Key Developments
- 15.2. Purina Animal Nutrition LLC
- 15.3. Cargill, Incorporated.
- 15.4. Japfa
- 15.5. Noriture
- 15.6. Kalmbach Feeds
- 15.7. VITALAC
- 15.8. Lindner Show Feeds
- 15.9. Poulin Grain Inc.
- 15.10. Kent Nutrition Group
- LIST NOT EXHAUSTIVE
- 16. Appendix
- 16.1. About Us and Services
- 16.2. Contact Us
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