You are here
Starter Feed Market analysis, Growth, Share, Industry Overview, Trends, & Forecast to 2022
Starter Feed Market by Type (Medicated and Non-medicated), Ingredient (Wheat, Corn, Soybean, Oats, and Barley), Livestock (Ruminants, Swine, Poultry, Aquatic, and Equine), Form (Pellets and Crumbles), and Region - Global Forecast Up to 2022
The Starter Feed Market is projected to reach USD 29.15 Billion by 2022, growing at a CAGR of around 4.57% from 2016. The global starter feed market has grown exponentially in the last few years. The need to increase livestock production to cater to the rise in demand for animal-sourced products and the adoption of precision nutrition techniques are the major drivers for the market.
Periodization considered for this report
- Base year: 2015
- Projection period: 2016–2022
The market is driven by factors such as the need to increase livestock production to cater to the growing demand for animal sourced products, and adoption of precision nutrition techniques.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=203095826
The medicated segment is projected to grow at a higher CAGR from 2016 to 2022.
The medicated starter feed segment is projected to grow at a higher CAGR from 2016 to 2022. Medicated starter feed is fed when the livestock is not vaccinated. It helps to administer authorized veterinary medicines to the livestock and works as to complement other forms of administration such as injection, in-water, tablet or drench.
The oats segment is projected to grow at a significant rate during the forecast period.
The oats segment is projected to grow at the highest CAGR from 2016 to 2022. Oats are easier to feed to animals than other grains and are used in poultry feed, primarily because of their high fiber content and beta-glucans.
The poultry segment was the largest in 2015, and is projected to be the fastest-growing from 2016 to 2022.
The starter feed for poultry is a balanced nutritional formulation and helps the poultry population during initial growth stage to get accustomed to solid diet. It also contains coccidiostat, which helps in the treatment of coccidiosis in young chicks.
Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=203095826
The pellet segment is projected to grow at a significant rate during the forecast period.
On the basis of form, the pellet segment was the largest in 2015; this is projected to grow at the highest CAGR from 2016 to 2022. It is easy to feed to the animals, easy to store and it the most common preference by the backyard chicken farmers.
The Asia-Pacific region is projected to grow at a significant rate from 2016 to 2022.
The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. The region is heterogeneous, with diversity in income levels, technology, and demand for better quality feed to livestock, leading to enhanced scope for future growth.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies such as Cargill, Incorporated (U.S.), BASF SE (Germany), Archer Daniels Midland Company (U.S.), Evonik Industries AG (Germany), and Koninklijke DSM NV (Netherlands).
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.