Starter Feed Market Trends, and Forecasts 2023–2032

1
Starter Feed Market Size to Cross USD 82 Bn by
2032
2
Overview of Starter Feed Market

• The starter feed market valuation is estimated to
  exceed USD 82 billion by 2032, as reported in a
  research study by Global Market Insights Inc. The
  rapidly expanding aquaculture sector worldwide
  will positively influence the preference for
  starter feed. The increasing consumption of
  seafood has resulted in the rising popularity of
  high-quality starter feeds in aquaculture. As per
  the OECD-FAO Agricultural Outlook, the food fish
  consumption across the globe is anticipated to
  reach 21.4 kg per capita in 2031. The extensive
  penetration of starter feeds in fish and shrimp
  farming will further drive the industry trends.
• The starter feed market size from the medicated
  segment is set to grow at 8.5 CAGR between 2023
  and 2032. Medicated starter feed are extensively
  preferred as they help in providing essential
  nutrients as well as medication to young animals,
  including chicks, piglets, and calves. The
  surging rate of population growth and the
  consequently rising incomes have spurred the
  higher intake of animal protein, further
  accelerating the adoption of medicated starter
  feed.

3
Continue

• The starter feed market size for the ruminant
  segment will witness 8.2 CAGR during the
  forecast period. Young calves extensively rely on
  efficient pre-starter feed for ensuring the
  smoothest transition from calves to ruminants
  with stimulated growth. The growth can also
  mainly be accredited to the thriving demand for
  meat and dairy products in order to cater to the
  rapidly rising population.
• Starter feed market valuation from the organic
  nature segment is poised to expand 7.8 CAGR till
  2032, due to growing importance on sustainable as
  well as eco-friendly farming practices has
  propelled the preference for organic and natural
  products worldwide. Hence, the rising focus of
  manufacturers on introducing innovations to meet
  the rising livestock requirements will contribute
  to the demand for organic starter feed. For
  instance, Cargill unveiled Neochicc, a new
  complete diet in mini-pellet form, comprising
  essential oils and organic acids for improved gut
  health and nutrient absorption for broiler and
  layer chicks.

4
Continue

• Europe starter feed industry will be worth USD
  22.3 billion by 2032, owing to the rising
  development of novel feed options deploying
  plant-based proteins, inclusive of soy and pea
  protein. For instance, in February 2023, Evonik
  introduced its first-ever plant-based feed
  additive, PhytriCare IM, for the improved health
  of sows, laying hens as well as dairy cows. The
  growing environmental impacts of animal
  agriculture along with the increasing health
  benefits of plant-based diets will further
  augment the preference for plant-based proteins,
  subsequently adding to the regional market
  growth.
• Notable participants in the Starter Feed market
  include Archer Daniels Midland Company, Cargill
  Incorporated, Nutreco N.V., Purina Mills LLC,
  Alltech Inc, ACI Godrej Agrovet Private Ltd, BASF
  SE, Associated British Foods PLC, Evonik
  Industries AG, BRF SA, and Roquette Freres SA

5
Browse Full Research Report On Starter Feed
Market _at_ https//bit.ly/42Hcf93 Request for a
sample of this research report _at_
https//bit.ly/42rteMi
6
Stay In Touch Website www.gminsights.com Social
Media