Uploaded on May 4, 2021
Starter Feed Market Revenue, Manufacturers, Customer Needs and Forecast to 2026
Starter Feed Market
Starter Feed Market Revenue, Manufacturers, Customer Needs and Forecast to 2026
Market Overview
Starter feed is manufactured by mixing two or more nutritional ingredients such as oats, wheat,
corn, soy, and others. The feed, which is enriched with essential proteins, amino acids, vitamins,
and minerals is used to enhance immunity systems and digestion in livestock animals such as
chickens, ruminants, pigs, and aquatic animals. Starter feed is manufactured and marketed in the
form of mash, pellets, crumbles and various others. Extensive research and development have
highlighted the benefits of starter feed over conventional feed in the overall growth of animals.
Therefore, animal breeders are rapidly adopting starter feed products in order to increase production
of livestock.
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Market Dynamics
Key factors such as increasing awareness about health of livestock, increasing demand for organic
and healthier feed products, and rapid acceptance of starter feed, as an effective alternative to
conventional feed across the globe are projected to fuel growth of global starter feed market over
the forecast period. Furthermore, increasing demand for livestock globally is boosting demand for
variety of starter feed products. According to the United States Department of Agriculture, global
export of beef, broiler meat, and pork is projected to increase by 5%, 2%, and 1% respectively in
2018. The global production of beef, veal, pork, and broiler meat is projected to reach 63 million
tons, 113.5 million tons, and 92.5 million tons respectively in 2018.
The availability of alternatives such as conventional feed and high manufacturing costs are factors
that restrain growth of the global starter feed market. Moreover, strict government regulations
imposed on use of feed ingredients in the manufacturing of starter feed is a key challenge for
manufacturers. For instance, regulation (EC) No 1829/2003 of the European Parliament on
genetically modified feed provides an authorization procedure for placing genetically modified feed
into market, which also includes feed additives produced from genetically modified organisms.
Such regulations forces manufacturers to maintain their product quality.
Market Taxonomy
On the basis of product type, global starter feed market is segmented into:
•Medicated
•Non-Medicated
On the basis of form, global starter feed market is segmented into:
•Mash
•Crumbles
•Pellets
•Others
Key players operating in the market include Archer Daniels Midland Company, Cargill
Incorporated, Evonik Industries AG, Associated British Foods Plc., Roquette Freres S.A., Nutreco
N.V., Koninklijke DSM NV, BASF SE, and Alltech Inc. among others
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