Starter Feed Market: Industry Analysis and Forecast (2024-2030)

  • The Starter Feed Market size was valued at USD 25.2 Bn. in 2023 and the total Starter Feed revenue is expected to grow at a CAGR of 4.4% from 2024 to 2030, reaching nearly USD 34.06 Bn.

  • Format : PDF | Report ID : SMR_1877

Starter Feed Market Overview

The starter feed, crafted by experts using premium agro ingredients, undergoes rigorous quality assessments to ensure reliability and optimal nutrition at competitive prices. Tailored to facilitate a smooth transition to solid feed and enhance nutrient absorption, our feeds promote healthy growth and vitality in young animals, reducing mortality rates effectively. With protein levels typically ranging between 18 and 20 percent and calibrated calorie content, starter diets offer essential nutrition for fast-growing chicks, fostering robust development until they transition to the grower ratio around six weeks old. The starter feed market is an important segment within the broader animal feed industry, catering specifically to the nutritional needs of young animals, particularly chicks in the poultry sector.

 

It plays a vital role in supporting the healthy growth and development of livestock during their early stages of life. Key factors driving this market include increasing global demand for meat and dairy products, leading to higher livestock production, as well as growing awareness among farmers about the importance of early nutrition for optimal animal performance. Technological advancements in feed formulation and production processes further contribute to market growth by enhancing product quality, efficiency, and nutritional value. The market continues to evolve, with a focus on developing specialized starter feed formulations to specific animal species and production systems Starter Feed Market.

Starter Feed Market

 

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Starter Feed Market Dynamics:

Technological advancements play a crucial role in enhancing starter feed market growth.

The increasing global demand for meat and dairy products, driven by population growth, rising incomes, and urbanization, significantly impacts the starter feed market. For instance, countries like China and India, experiencing rapid urbanization and income growth, witness a surge in meat consumption, leading to higher demand for quality starter feeds to support livestock production. Farmers' growing awareness of the importance of early nutrition is exemplified by the adoption of specialized starter feed solutions. For example, companies like Nutreco offer starter feeds tailored to the specific needs of young animals, providing essential nutrients for optimal growth and development. Technological advancements play a crucial role in enhancing starter feed production.

 

For instance, Archer Daniels Midland (ADM) utilizes advanced feed formulation technologies to develop efficient and nutritious starter feeds, optimizing productivity and profitability for farmers. Supportive government regulations further drive market growth. In the European Union, regulations such as the Feed Hygiene Regulation ensure the safety and quality of animal feeds, encouraging farmers to adopt high-quality starter feeds to comply with standards and ensure animal welfare. These examples illustrate how the increasing global demand for meat and dairy products, coupled with farmers' awareness, technological advancements, and regulatory support, collectively drive the expansion and evolution of the starter feed market, making it a vital component of the broader animal feed industry.

 

Competition from Alternative Sources of Protein poses a threat to the Starter Feed Market

The volatility of raw material prices, such as corn, soybeans, and other grains, which are key ingredients in starter feed formulation. For example, fluctuations in global weather patterns, trade tensions, and market speculation can lead to price instability, affecting production costs and profit margins for feed manufacturers. Additionally, regulatory constraints and compliance requirements pose challenges for market players. For instance, stringent regulations regarding feed safety, quality standards, and labeling impose compliance burdens, necessitating investments in quality control measures and documentation. These regulatory hurdles can increase operational costs and limit market entry for smaller players. Moreover, the increasing focus on sustainability and environmental concerns presents challenges for the starter feed market.

 

For example, concerns about deforestation and habitat destruction associated with soybean cultivation, a primary ingredient in many starter feeds, have led to calls for more sustainable sourcing practices. This pressure for sustainability adds complexity to the supply chain and may result in higher costs for feed manufacturers who need to ensure responsible sourcing practices. Furthermore, competition from alternative sources of protein poses a threat to the starter feed market. For instance, insect-based proteins and alternative feed ingredients are gaining traction as sustainable and environmentally friendly alternatives to traditional feed ingredients like soy and fishmeal. This trend towards alternative proteins could disrupt the demand for conventional starter feeds and compel manufacturers to innovate and adapt their product offerings.

Starter Feed Market1

Starter Feed Market Regional Insights:

Asia Pacific Region witnessed the highest market share in 2023. In the Asia-Pacific region, initiatives to promote sustainable starter feed production are gaining momentum, led by agricultural departments and ministries. These initiatives aim to enhance the quality and availability of starter feed for livestock producers across the region. Government bodies are taking proactive steps to provide financial incentives and support mechanisms to encourage farmers to adopt sustainable feed production practices. Subsidies for group certification of starter feed are being offered by state governments, reducing financial barriers for farmers transitioning to sustainable methods.

 

Moreover, efforts are underway to establish community-based organizations (CBOs) focused on starter feed production in rural areas, with state governments providing subsidy schemes for capacity building and training programs. Additionally, there is a growing emphasis on facilitating direct sales of sustainable starter feed products through the establishment of dedicated farmer markets in urban centers. These Starter Feed Market serve as platforms for producers to showcase and sell their products directly to consumers, promoting transparency and supporting local economies.

 

Starter Feed Market Competitive Landscape:

  • On Sep 26, 2022, Cargill introduced Neochicc, a mini-pellet chick feed designed to optimize chick start within the first 120 hours of life. Neochicc featured precise nutrient formulations, including protein, starch, and fat, along with essential oils and organic acids to promote gut health and nutrient absorption. On-farm trials demonstrated improved feed conversion rates and chick weights, enhancing overall profitability. Cargill's poultry highlighted the diet's ability to unlock genetic potential, improve performance, and tailor formulations for specific growth targets. The dust-free mini pellets encouraged consistent intake, supporting gut development, immune system, and feed efficiency in Starter Feed Market.

Starter Feed Market Scope

Market Size in 2023

USD 25.2 Billion

Market Size in 2030

USD 34.06 Billion

CAGR (2024-2030)

4.4%

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

Segments

By Type

Medicated

Non-Medicated

 

By Form

Pellets

Crumbles

Others

 

By Livestock

Ruminant

Poultry

Swine

Aquaculture

Others

Regional Scope

North America- United States, Canada, and Mexico

Europe – UK, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Key Players in the Starter Feed Market

North America

  1. Cargill Inc. (United States)
  2. Archer Daniels Midland Company (United States)
  3. Land O'Lakes Inc. (United States)
  4. Purina Animal Nutrition LLC (United States)
  5. Alltech Inc. (United States)
  6. Kent Corporation (United States)
  7. Tyson Foods Inc. (United States)
  8. J.D. Heiskell & Co. (United States)

Europe:

  1. Nutreco NV (Netherlands)
  2. ForFarmers NV (Netherlands)
  3. De Heus Animal Nutrition (Netherlands)
  4. Agravis Raiffeisen AG (Germany)
  5. A-One Feeds (UK) Limited (United Kingdom)
  6. Biomin Holding GmbH (Austria)

Asia Pacific

  1. Charoen Pokphand Foods PCL (Thailand)
  2. New Hope Group Co., Ltd. (China)
  3. Wen's Food Group (China)
  4. Ridley Corporation Ltd. (Australia)
  5. EWOS Group (Norway)
  6. Kyodo Shiryo Co., Ltd. (Japan)


Frequently Asked Questions

The starter feed market is experiencing a shift towards more sustainable and traceable sourcing practices, with an increasing focus on natural ingredients and additives to promote animal health and growth. Additionally, technological advancements, such as precision nutrition and digitalization, are enhancing feed formulation and production efficiency.

1.    Starter Feed Market: Research Methodology 
2.    Starter Feed Market: Executive Summary
3.    Starter Feed Market: Competitive Landscape

3.1. Stellar Competition Matrix
3.2. Competitive Landscape
3.3. Key Players Benchmarking
3.4. Market Structure
3.4.1.    Market Leaders 
3.4.2.    Market Followers
3.4.3.    Emerging Players

3.5. Consolidation of the Market
3.6. Global Import-Export Analysis
4.    Starter Feed Market: Dynamics
4.1. Market Trends by Region
4.1.1.    North America
4.1.2.    Europe
4.1.3.    Asia Pacific
4.1.4.    Middle East and Africa
4.1.5.    South America

4.2. Market Drivers by Region
4.2.1.    North America
4.2.2.    Europe
4.2.3.    Asia Pacific
4.2.4.    Middle East and Africa
4.2.5.    South America

4.3. Market Restraints
4.4. Market Opportunities
4.5. Market Challenges
4.6. PORTER’s Five Forces Analysis
4.7. PESTLE Analysis
4.8. Regulatory Landscape by Region
4.8.1.    North America
4.8.2.    Europe
4.8.3.    Asia Pacific
4.8.4.    Middle East and Africa
4.8.5.    South America

5.    Starter Feed Market Size and Forecast by Segments (by Value Units)
5.1. Starter Feed Market Size and Forecast, by Type (2023-2030)
5.1.1.    Medicated
5.1.2.    Non-Medicated

5.2.  Starter Feed Market Size and Forecast, by Form (2023-2030)
5.2.1.    Pellets
5.2.2.    Crumbles
5.2.3.    Others 

5.3. Starter Feed Market Size and Forecast, by Livestock (2023-2030)
5.3.1.    Ruminant
5.3.2.    Poultry
5.3.3.    Swine
5.3.4.    Aquaculture
5.3.5.    Others 

5.4. Starter Feed Market Size and Forecast, by Region (2023-2030)
5.4.1.    North America
5.4.2.    Europe
5.4.3.    Asia Pacific
5.4.4.    Middle East and Africa
5.4.5.    South America

6.    North America Starter Feed Market Size and Forecast (by Value Units)
6.1. North America Starter Feed Market Size and Forecast, by Type (2023-2030)
6.1.1.    Medicated
6.1.2.    Non-Medicated

6.2.  North America Starter Feed Market Size and Forecast, by Form (2023-2030)
6.2.1.    Pellets
6.2.2.    Crumbles
6.2.3.    Others

6.3. North America Starter Feed Market Size and Forecast, by Livestock (2023-2030)
6.3.1.    Ruminant
6.3.2.    Poultry
6.3.3.    Swine
6.3.4.    Aquaculture
6.3.5.    Others 

6.4. North America Starter Feed Market Size and Forecast, by Country (2023-2030)
6.4.1.    United States
6.4.2.    Canada
6.4.3.    Mexico

7.    Europe Starter Feed Market Size and Forecast (by Value Units)
7.1. Europe Starter Feed Market Size and Forecast, by Type (2023-2030)
7.1.1.    Medicated
7.1.2.    Non-Medicated

7.2.  Europe Starter Feed Market Size and Forecast, by Form (2023-2030)
7.2.1.    Pellets
7.2.2.    Crumbles
7.2.3.    Others 

7.3. Europe Starter Feed Market Size and Forecast, by Livestock (2023-2030)
7.3.1.    Ruminant
7.3.2.    Poultry
7.3.3.    Swine
7.3.4.    Aquaculture
7.3.5.    Others 

7.4. Europe Starter Feed Market Size and Forecast, by Country (2023-2030)
7.4.1.    UK
7.4.2.    France
7.4.3.    Germany
7.4.4.    Italy
7.4.5.    Spain
7.4.6.    Sweden
7.4.7.    Russia
7.4.8.    Rest of Europe

8.    Asia Pacific Starter Feed Market Size and Forecast (by Value Units)
8.1. Asia Pacific Starter Feed Market Size and Forecast, by Type (2023-2030)
8.1.1.    Medicated
8.1.2.    Non-Medicated

8.2.  Asia Pacific Starter Feed Market Size and Forecast, by Form (2023-2030)
8.2.1.    Pellets
8.2.2.    Crumbles
8.2.3.    Others

8.3. Asia Pacific Starter Feed Market Size and Forecast, by Livestock (2023-2030)
8.3.1.    Ruminant
8.3.2.    Poultry
8.3.3.    Swine
8.3.4.    Aquaculture
8.3.5.    Others

8.4. Asia Pacific Starter Feed Market Size and Forecast, by Country (2023-2030)
8.4.1.    China
8.4.2.    S Korea
8.4.3.    Japan
8.4.4.    India
8.4.5.    Australia
8.4.6.    Indonesia 
8.4.7.    ASEAN
8.4.8.    Rest of Asia Pacific

9.    Middle East and Africa Starter Feed Market Size and Forecast (by Value Units)
9.1. Middle East and Africa Starter Feed Market Size and Forecast, by Type (2023-2030)
9.1.1.    Medicated
9.1.2.    Non-Medicated 

9.2.  Middle East and Africa Starter Feed Market Size and Forecast, by Form (2023-2030)
9.2.1.    Pellets
9.2.2.    Crumbles
9.2.3.    Others

9.3. Middle East and Africa Starter Feed Market Size and Forecast, by Livestock (2023-2030)
9.3.1.    Ruminant
9.3.2.    Poultry
9.3.3.    Swine
9.3.4.    Aquaculture
9.3.5.    Others 

9.4. Middle East and Africa Single-Use Filtration Assembly Market Size and Forecast, by Country (2023-2030)
9.4.1.    South Africa
9.4.2.    GCC
9.4.3.    Egypt
9.4.4.    Nigeria
9.4.5.    Rest of ME&A

10.    South America Starter Feed Market Size and Forecast (by Value Units)
10.1. South America Starter Feed Market Size and Forecast, by Type (2023-2030)
10.1.1.    Medicated
10.1.2.    Non-Medicated 

10.2.  South America Starter Feed Market Size and Forecast, by Form (2023-2030)
10.2.1.    Pellets
10.2.2.    Crumbles
10.2.3.    Others

10.3. South America Starter Feed Market Size and Forecast, by Livestock (2023-2030)
10.3.1.    Ruminant
10.3.2.    Poultry
10.3.3.    Swine
10.3.4.    Aquaculture
10.3.5.    Others

10.4. South America Starter Feed Market Size and Forecast, by Country (2023-2030)
10.4.1.    Brazil
10.4.2.    Argentina
10.4.3.    Rest of South America

11.    Company Profile: Key players
11.1. Cargill Inc. (United States)
11.1.1.    Company Overview
11.1.2.    Financial Overview
11.1.3.    Business Portfolio
11.1.4.    SWOT Analysis
11.1.5.    Business Strategy 
11.1.6.    Recent Developments

11.2. Archer Daniels Midland Company (United States)
11.3. Charoen Pokphand Foods PCL (Thailand)
11.4. Nutreco NV (Netherlands)
11.5. Land O'Lakes Inc. (United States)
11.6. New Hope Group Co., Ltd. (China)
11.7. Purina Animal Nutrition LLC (United States)
11.8. Alltech Inc. (United States)
11.9. Ridley Corporation Ltd. (Australia)
11.10. ForFarmers NV (Netherlands)
11.11. De Heus Animal Nutrition (Netherlands)
11.12. Kent Corporation (United States)
11.13. Wen's Food Group (China)
11.14. Tyson Foods Inc. (United States)
11.15. J.D. Heiskell & Co. (United States)
11.16. EWOS Group (Norway)
11.17. Agravis Raiffeisen AG (Germany)
11.18. Kyodo Shiryo Co., Ltd. (Japan)
11.19. A-One Feeds (UK) Limited (United Kingdom)
11.20. Biomin Holding GmbH (Austria)
12.    Key Findings
13.    Industry Recommendations

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