Worldwide sales of starter feed stand at US$ 30.4 billion in 2023 and are forecasted to increase rapidly at a CAGR of 7% through 2033. By the end of the forecast period (2023-2033), the global starter feed market is estimated to attain a revenue of US$ 59.9 billion.
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Starter Feed market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Starter Feed market.
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Key findings of the Starter Feed market study:
- Regional breakdown of the Starter Feed market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Starter Feed vendors in detail.
- Region-wise and country-wise fragmentation of the Starter Feed market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Starter Feed market.
Key Companies Profiled
- Archer Daniels Midland Company
- Purina Mills LLC
- Nutreco N.V.
- Cargill Incorporated
- Roquette Freres S.A.
- Evonik Industries AG
- Charoen Pokphand Foods PLC
- Alltech Inc.
- Associated British Foods Plc.
- Koninklijke DSM NV
- BASF SE
- ACI Godrej Agrovet Private Limited
Competitive Landscape
Prime starter feed suppliers are focusing on launching new products to expand their product portfolio and drive sales potential.
- In March 2022, York Ag, a leading name in the animal nutrition and well-being industry announced the launch of Alterna HTS, a feed additive that uses natural ingredients to regulate the gut Histomonas population in poultry birds. The new product is available in organic as well as conventional configurations for customers.
- In January 2020, Alltech Coppens, a leading name in the fish feed industry announced the launch of new starter feeds for trout fish. The TOP fry feed was backed by research from Alltech Coppens Aqua Centre (ACAC) and provides key nutrients to the fish while improving the water quality.
Key Segments of Starter Feed Industry Research
- By Product Type :
- Medicated
- Non-medicated
- By Form :
- Crumbles
- Pellets
- Mash
- By Nature :
- Organic
- Conventional
- By Application :
- Companion Animals
- Livestock
- Cattle
- Poultry
- Swine
- Aquaculture
- Equine
- By Ingredient :
- Wheat
- Rice Bran
- Corn
- Soybean
- Oats
- Others
- By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
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Queries addressed in the Starter Feed market report:
- Why are the Starter Feed market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global Starter Feed market?
- Which regions are displaying the fastest growth in the Starter Feed market?
- What are the underlying micro- macroeconomic factors affecting the global Starter Feed market?
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