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Key Trends Reshaping the Starter Feed Market: Revolutionizing Poultry Nutrition Industry Transformation
Starter Feed
Starter Feed Market Size Growth Forecast: What to Expect by 2025?
There has been a substantial expansion of the starter feed market in the recent past. The market value that stood at $35.4 billion in 2024 is expected to increase to $38.05 billion in 2025, growing at a compound annual growth rate (CAGR) of 7.5%. The remarkable growth rate during the historic period is primarily due to the increased attention to animal health and wellbeing, the spread of commercial poultry farming, globalization of livestock farming, improvements in feed production processes, prevention of diseases, and the rising consumer demand for high-quality animal products.
How Will the Starter Feed Market Size Evolve and Grow by 2029?
Anticipated to witness robust expansion in the coming years, the starter feed market is due to reach a value of "$49.78 billion by 2029, accumulating a compound annual growth rate (CAGR) of 6.9%. This projected surge over the forecast period can be credited to the application of sustainable methodologies, the burgeoning market for specialized livestock, the amplification of the aquaculture industry, a shift towards antibiotic-free animal rearing, and a rise in demand for plant-derived proteins. Prominent trends predicted during the forecast period encompass partnerships in animal nutrition exploration, advancements in feed efficiency technologies, early stage nutrition planning, the implementation of palletization and crumbling technologies, and tailoring for distinct species.
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What Drivers Are Propelling the Growth of Starter Feed Market Forward?
The expansion of the aquaculture industry is anticipated to stimulate the development of the starter feed market. The term "aquaculture" refers to the commercial cultivation and harvesting of fish, shellfish, and aquatic plants in managed marine environments. Starter feed plays a key role in aquaculture; it aids the growth of various aquatic animals by enriching their diet with essential nutrients like proteins, vitamins, minerals, carbohydrates, and amino acids. Correspondingly, this causes an upswing in the starter feed market. For example, in March 2024, the Canada-based government department, Fisheries and Oceans Canada, divulged that the intake of Snow/Queen Crab hit a whopping 61,266 metric tonnes in 2023, an increase from 2022's 48,446 metric tonnes. In addition, the consumption of crab and other species amounted to 22,217 metric tonnes in 2023, slightly less than the 24,313 metric tonnes recorded in 2022. Hence, the surging growth of the aquaculture industry is likely to fuel the expansion of the starter feed market.
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Which Emerging Trends Are Transforming the Starter Feed Market in 2025?
The emergence of product innovation as a central trend in the starter feed market is increasing. Key companies in this market are making a concerted effort to create groundbreaking products to consolidate their market presence. For example, Cargill Corporation, a food corporation from the United States, unveiled Neochicc, a novel pelletized chick starter feed in September 2022. This unique product aims to bolster the initiation of chicks in their first 120 hours of existence. By promoting ideal nutritional digestion, it utilizes precise rations of protein, carbohydrates, fats, and additives in easily digestible elements. Furthermore, it includes organic acids and necessary oils to boost gut health and nutrient uptake. This innovative initiation feed is designed to aid chicks in realizing their genetic potential while using feed more efficiently.
What Are the Key Segments in the Starter Feed Market?
The starter feed market covered in this report is segmented -
1) By Type: Medicated, Non-Medicated
2) By Form: Pellets, Crumbles, Other Forms
3) By Ingredient: Wheat, Corn, Soybean, Oats, Barley
4) By Nature: Organic, Conventional
5) By Application: Poultry, Ruminants, Swine, Aquatic, Equine, Other Applications
Subsegments:
1) By Medicated: Antibiotics, Coccidiostats, Other Medicated Additives
2) By Non-Medicated: Protein-Rich Feed, Grain-Based Feed, Organic Feed, Other Non-Medicated Additives
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Who Are the Key Players Shaping the Starter Feed Market's Competitive Landscape?
Major companies operating in the starter feed market include Cargill Incorporated, BASF SE, Evonik Industries AG, Archer Daniels Midland Company, Purina Mills LLC., Charoen Pokphand Group Co. Ltd., Roquette Freres SA, Alltech Inc., ACI Godrej Agrovet Private Limited, Associated British Foods plc, Nutreco N.V, Koninklijke DSM N.V., Devenish Nutrition Ltd., Janaki Group Of Companies, lYork Ag, De Heus Animal Nutrition BV, ForFarmers NV, Land O'Lakes Inc., Hi-Pro Feeds LP, Kent Nutrition Group Inc., Ridley Corporation Limited, Japfa Comfeed Indonesia Tbk PT, Guangdong Haid Group Co. Ltd., Wen's Food Group Co. Ltd., Twins Group Inc., New Hope Liuhe Co. Ltd., East Hope Group Company Limited, Tyson Foods Inc., The Scoular Company, Nutriad International NV
What Geographic Markets Are Powering Growth in the Starter Feed Market?
North America was the largest region in the starter feed market in 2024. The regions covered in the starter feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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