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Starter Feed Trends and Forecast
The future of the global starter feed market looks promising with opportunities in the ruminant, swine, poultry, aquatic, and equine markets. The global starter feed market is expected to reach an estimated $36.7 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are increasing use of precision nutrition methods, growth in the production of animal feed and rising potential for poultry starting feed, as well as, output of livestock must rise in order to meet the growing demand for goods derived from animals.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Starter Feed by Segment
The study includes a forecast for the global starter feed by type, ingredient, livestock, and region.
Starter Feed Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Medicated
• Non-Medicated
Starter Feed Market by Ingredient [Shipment Analysis by Value from 2018 to 2030]:
• Wheat
• Soyabean
• Corn
• Oats
• Barely
• Others
Starter Feed Market by Livestock [Shipment Analysis by Value from 2018 to 2030]:
• Ruminant
• Swine
• Poultry
• Aquatic
• Equine
• Others
Starter Feed Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Starter Feed Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies starter feed companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the starter feed companies profiled in this report include-
• Cargill
• BASF
• Archer Daniels Midland
• Evonik Industries
• Koninklijke
Starter Feed Market Insights
Lucintel forecasts that oats is expected to witness the highest growth over the forecast period because oats are mostly utilized in poultry feed due to their high fiber and beta-glucan content, which makes them easier to offer to animals than other cereals.
APAC is expected to witness highest growth over the forecast period because it is diversified, with a range of economic brackets, technological capabilities, and end-user desires for higher-quality feed for cattle, which increases the potential for future expansion.
Features of the Global Starter Feed Market
Market Size Estimates: Starter feed market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Starter feed market size by type, ingredient, livestock, and region in terms of value ($B).
Regional Analysis: Starter feed market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, ingredient, livestock, and regions for the starter feed market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the starter feed market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the starter feed market size?
Answer: The global starter feed market is expected to reach an estimated $36.7 billion by 2030.
Q2. What is the growth forecast for starter feed market?
Answer: The global starter feed market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the starter feed market?
Answer: The major drivers for this market are increasing use of precision nutrition methods, growth in the production of animal feed and rising potential for poultry starting feed, as well as, output of livestock must rise in order to meet the growing demand for goods derived from animals.
Q4. What are the major segments for starter feed market?
Answer: The future of the global starter feed market looks promising with opportunities in the ruminant, swine, poultry, aquatic, and equine markets.
Q5. Who are the key starter feed market companies?
Answer: Some of the key starter feed companies are as follows:
• Cargill
• BASF
• Archer Daniels Midland
• Evonik Industries
• Koninklijke
Q6. Which starter feed market segment will be the largest in future?
Answer: Lucintel forecasts that oats is expected to witness the highest growth over the forecast period because oats are mostly utilized in poultry feed due to their high fiber and beta-glucan content, which makes them easier to offer to animals than other cereals.
Q7. In starter feed market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period because it is diversified, with a range of economic brackets, technological capabilities, and end-user desires for higher-quality feed for cattle, which increases the potential for future expansion.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the starter feed market by type (medicated and non-medicated), ingredient (wheat, soyabean, corn, oats, barely, and others), livestock (ruminant, swine, poultry, aquatic, equine, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Starter Feed Market, Starter Feed Market Size, Starter Feed Market Growth, Starter Feed Market Analysis, Starter Feed Market Report, Starter Feed Market Share, Starter Feed Market Trends, Starter Feed Market Forecast, Starter Feed Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Starter Feed Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Starter Feed Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Starter Feed Market by Type
3.3.1: Medicated
3.3.2: Non-Medicated
3.4: Global Starter Feed Market by Ingredient
3.4.1: Wheat
3.4.2: Soyabean
3.4.3: Corn
3.4.4: Oats
3.4.5: Barely
3.4.6: Others
3.5: Global Starter Feed Market by Livestock
3.5.1: Ruminant
3.5.2: Swine
3.5.3: Poultry
3.5.4: Aquatic
3.5.5: Equine
3.5.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Starter Feed Market by Region
4.2: North American Starter Feed Market
4.2.1: North American Starter Feed Market by Ingredient: Wheat, Soyabean, Corn, Oats, Barely, and Others
4.2.2: North American Starter Feed Market by Livestock: Ruminant, Swine, Poultry, Aquatic, Equine, and Others
4.3: European Starter Feed Market
4.3.1: European Starter Feed Market by Ingredient: Wheat, Soyabean, Corn, Oats, Barely, and Others
4.3.2: European Starter Feed Market by Livestock: Ruminant, Swine, Poultry, Aquatic, Equine, and Others
4.4: APAC Starter Feed Market
4.4.1: APAC Starter Feed Market by Ingredient: Wheat, Soyabean, Corn, Oats, Barely, and Others
4.4.2: APAC Starter Feed Market by Livestock: Ruminant, Swine, Poultry, Aquatic, Equine, and Others
4.5: ROW Starter Feed Market
4.5.1: ROW Starter Feed Market by Ingredient: Wheat, Soyabean, Corn, Oats, Barely, and Others
4.5.2: ROW Starter Feed Market by Livestock: Ruminant, Swine, Poultry, Aquatic, Equine, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Starter Feed Market by Type
6.1.2: Growth Opportunities for the Global Starter Feed Market by Ingredient
6.1.3: Growth Opportunities for the Global Starter Feed Market by Livestock
6.1.4: Growth Opportunities for the Global Starter Feed Market by Region
6.2: Emerging Trends in the Global Starter Feed Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Starter Feed Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Starter Feed Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Cargill
7.2: BASF
7.3: Archer Daniels Midland
7.4: Evonik Industries
7.5: Koninklijke
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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