Starter Feed Market Will Exhibit an Impressive Expansion by 2028 | Archer Daniels Midland Company, Cargill Incorporated , Associated British Foods Plc

Starter feed is made by combining two or more nutritional ingredients like oats, wheat, corn, soy, and others. The feed, which is high in essential proteins, amino acids, vitamins, and minerals, is used to boost immunity and digestion in livestock such as chickens, ruminants, pigs, and aquatic animals.Extensive research and development have demonstrated the advantages of starter feed over conventional feed in terms of overall animal growth. As a result, animal breeders are rapidly adopting starter feed products in order to increase livestock production.

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Companies Covered as part of this study include: Archer Daniels Midland Company, Cargill Incorporated, Associated British Foods Plc., Roquette Freres S.A., Nutreco N.V., Koninklijke DSM NV, BASF SE, and Alltech Inc. among others..
 
Business Strategies

Key factors such as rising livestock health awareness, rising demand for organic and healthier feed products, and rapid acceptance of starter feed as an effective alternative to conventional feed around the world are expected to drive growth in the global starter feed market over the forecast period. Furthermore, rising global livestock demand is driving up demand for a wide range of starter feed products. According to the United States Department of Agriculture, global exports of beef, broiler meat, and pork are expected to rise by 5%, 2%, and 1%, respectively, in 2018. In 2018, global beef, veal, pork, and broiler meat production is expected to reach 63 million tonnes, 113.5 million tonnes, and 92.5 million tonnes, respectively.
  
Market Predictions

In 2016, the pellets segment accounted for the majority of the market share in the global starter feed market. Pellets' numerous advantages over other product forms, such as ease of handling and storage and long shelf life, are major factors driving growth in this segment.
In 2016, the poultry segment dominated the market in terms of livestock. Favorable growth in the poultry industry, combined with rising global demand for eggs, is expected to create potential opportunities for growth in this segment over the forecast period. According to the United States Department of Agriculture, total egg production in the United States was valued at 97 billion eggs in 2015 and increased to 102 billion eggs in 2016.

Market Taxonomy
On the basis of product type, global starter feed market is segmented into:
• Medicated
• Non-Medicated
On the basis of form, global starter feed market is segmented into:
• Mash
• Crumbles
• Pellets
• Others
On the basis of livestock, global starter feed market is segmented into:
• Poultry
• Ruminants
• Aquaculture
• Pigs
• Others

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Significant advancements:

Cargill Corporation, a US-based food products manufacturer, launched the QMax series of animal feed products for hens in August 2019.
SAHS Lifesciences Pvt. Ltd., an Indian animal husbandry company and manufacturer of a wide range of chicken products, announced in 2019 that it will launch a wide range of poultry feed products. The products will come in four different forms: pellet, scratch, mesh, and crumble.
In May 2018, ForFarmers NV introduced Apollo, a new broiler feed brand for broiler producers in North West Europe and the United Kingdom.

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