The Business Research Company’s report on the Starter Feed Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
#How have key drivers contributed to the rapid growth of the starter feed market?
The growth of the aquaculture industry is expected to drive the growth of the starter feed market. The aquaculture industry refers to the practice of breeding, raising, and harvesting fish, shellfish, and aquatic plants in controlled aquatic environments for commercial purposes. Starter feed is an important component of aquaculture. It is used to support the growth and development of fish and other aquatic animals. it increases fish’s levels of protein, vitamins, minerals, carbs, and amino acids. So, these factors boost the starter feed market. For instance, in March 2024, Fisheries and Oceans Canada, a Canada-based government department, reported that Snow/Queen Crab consumption reached 61,266 metric tonnes in 2023, up from 48,446 metric tonnes in 2022. Additionally, the consumption of crab and other species totaled 22,217 metric tonnes in 2023, compared to 24,313 metric tonnes in 2022. Therefore, the growth of the aquaculture industry is expected to propel the growth of the starter feed market.
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How has the starter feed market size evolved, and what are the latest forecasts for its expansion?
The starter feed market size has grown strongly in recent years. It will grow from$35.4 billion in 2024 to $38.05 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to growing focus on animal health and welfare, expansion of commercial poultry farming, globalization of livestock farming, advancements in feed manufacturing, focus on disease prevention, consumer demand for quality animal products
The starter feed market size is expected to see strong growth in the next few years. It will grow to “$49.78 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to integration of sustainable practices, growing market for specialty livestock, expansion of aquaculture industry, focus on antibiotic-free animal farming, increasing demand for plant-based proteins. Major trends in the forecast period include collaboration in animal nutrition research, feed efficiency technologies, early nutrition programming, palletization and crumbling technologies, customization for different species.
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Which major companies dominate the starter feed market?
Major companies operating in the starter feed market include Cargill Incorporated, BASF SE, Evonik Industries AG, Archer Daniels Midland Company, Purina Mills LLC., Charoen Pokphand Group Co. Ltd., Roquette Freres SA, Alltech Inc., ACI Godrej Agrovet Private Limited, Associated British Foods plc, Nutreco N.V, Koninklijke DSM N.V., Devenish Nutrition Ltd., Janaki Group Of Companies, lYork Ag, De Heus Animal Nutrition BV, ForFarmers NV, Land O’Lakes Inc., Hi-Pro Feeds LP, Kent Nutrition Group Inc., Ridley Corporation Limited, Japfa Comfeed Indonesia Tbk PT, Guangdong Haid Group Co. Ltd., Wen’s Food Group Co. Ltd., Twins Group Inc., New Hope Liuhe Co. Ltd., East Hope Group Company Limited, Tyson Foods Inc., The Scoular Company, Nutriad International NV
What trends will shape the future of the squid oil market?
Product innovation is a key trend gaining popularity in the starter feed market. Major companies operating in the starter feed market are focused on developing innovative products to strengthen their position in the market. For instance, in September 2022, Cargill Corporation, a US-based food corporation launched an innovative pelletized chick starter feed, Neochicc, to promote chick start in the first 120 hours of a bird’s life. It encourages optimal nutritional digestion and uses exact proportions of protein, carbohydrate, fat, and additives in highly digestible components. Additionally, it contains organic acids and essential oils, which enhance intestinal health and nutrient absorption. This new beginning diet is made to help young chickens reach their genetic potential while consuming feed more effectively.
Which region dominates the starter feed market, and what factors contribute to its leadership?
North America was the largest region in the starter feed market in 2024. The regions covered in the starter feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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How is the starter feed market segmented, and which segment holds the largest share?
The starter feed market covered in this report is segmented –
1) By Type: Medicated, Non-Medicated
2) By Form: Pellets, Crumbles, Other Forms
3) By Ingredient: Wheat, Corn, Soybean, Oats, Barley
4) By Nature: Organic, Conventional
5) By Application: Poultry, Ruminants, Swine, Aquatic, Equine, Other Applications
Subsegments:
1) By Medicated: Antibiotics, Coccidiostats, Other Medicated Additives
2) By Non-Medicated: Protein-Rich Feed, Grain-Based Feed, Organic Feed, Other Non-Medicated Additives
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How is the starter feed market defined?
Starter feed refers to nutrient-dense feed that helps the young animal become accustomed to solid food and boosts its absorption of subsequent feeds. It helps to assist the growth of very young animals and reduce mortality.
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