Starter Feed Market Size, By Type (Medicated, non – medicated), By Ingredient (Wheat, Corn, Soybean, Oats, Barley), By Livestock (Ruminant, Swine, Poultry {Broilers, Layers, Breeders}, Aquatic, Equine), By Form, By Nature & Forecast, 2024-2032

Starter Feed Market Size

Starter Feed Market has a size of USD 41.2 billion in 2023 and is projected to expand at over 8.7% CAGR from 2024 to 2032. The market focuses on producing and supplying essential nutrition for young livestock, including poultry, pigs, and cattle.
 

This specialized feed is tailored to bolster early growth, ensuring animals achieve peak health and productivity. It caters to diverse nutritional requirements, varying by species and breeds. The market comprises manufacturers, suppliers, and distributors. According to the USDA, global meat production is projected to reach 367 billion metric Kilo Tons by 2024, reflecting a growing demand for meat and dairy products. This expansion is fueled by strides in animal nutrition, a surge in livestock farming, and a heightened emphasis on enhancing animal health and productivity.
 

The rising global demand for meat, driven by a surging population, is set to boost market demand. According to the USDA, global meat production, covering beef, poultry, and pork, surged to 340 billion Kilo Tons in 2021 from 248 billion in 2018. Starter feed, increasingly preferred for young animals, is pivotal for their healthy development. Additionally, the increasing adoption of pre-starter feed for piglets, broilers, and calves is set to fuel further industry growth.
 

The rising volatility of the cost of raw materials incurred in the production of starter feed is likely to hamper market growth. Considering the increasing fluctuations of the raw material prices, several manufacturers are bearing the brunt of maintaining profitability as well as competitively price their products.

Starter Feed Market Trends

The market is witnessing a surge in demand for high-quality, nutritionally balanced feeds, aimed at bolstering early growth and immunity in young animals. Notable innovations, like the integration of probiotics, prebiotics, and natural additives, are increasingly prevalent in feed formulations. Moreover, there's a growing preference for sustainable and eco-friendly feed solutions.
 

According to the USDA, the livestock sector has seen a 5% annual growth rate over the past five years, which is driving the market expansion. This growth is primarily fueled by the expanding livestock farming sector, coupled with a heightened focus on animal welfare and productivity. Furthermore, technological advancements in feed production and distribution are streamlining operations, making feeds more efficient and accessible.
 

Starter Feed Market Analysis

The non-medicated segment is slated to exceed USD 61.2 billion by 2032 with a CAGR of 8.6%, led by the rising spending capacities on natural and organic products. In recent years, consumers are increasingly focusing on antibiotics among other synthetic additives in animal feed. Hence, the growing influx of new non-medicated starter feeds sourced from natural additives, including herbs, essential oils, and probiotics will add to the market expansion.
 

The starter feed market share from the corn segment will observe around 8.7% CAGR through 2032 with a market size of USD 39.2 billion, attributed to the rising inclination towards non-GMO and organic products along with the growing demand for animal protein. The inclusion of corn in animal feed helps to improve meat quality while additionally helping in milk production for sheep and cows. Increasing demand for coarse corn among broilers will also push the preference for starter feed.
 

Swine starter feed market will grow at a CAGR of 8.7% through 2032 with a market size of USD 22.2 billion. The surging demand for pork products worldwide has spurred the increasing focus on offering high-quality as well as nutritionally balanced feed for young pigs. As per United Nations Food and Agriculture Organization (FAO), pork is the majorly widely eaten meat worldwide, accounting for 36% of the total meat consumption.
 

The starter feed market share from the pellets segment will observe around 8.9% CAGR through 2032 with a market size of USD 51.8 billion. The pellets segment of the market is expanding due to its advantages in livestock nutrition. Pellets are favored for their ease of handling, accurate nutrient delivery, and reduced feed waste. They offer a consistent and balanced diet, which supports optimal growth and development in young animals. The segment is benefiting from technological advancements in pelletizing processes, enhancing feed quality and digestibility. Increased livestock production and a growing preference for efficient feeding solutions are driving the demand for pelletized starter feeds. The scope of this segment includes various formulations tailored to different species and farming practices, contributing to its growth.
 

Based on nature, the conventional starter feed market share is expected USD 83.1 billion by 2032 with a CAGR of 8.6%, on account of their affordability, accessibility, and standardization. The paradigm shift towards sustainable as well as eco-friendly farming practices along with the changing consumer attitudes are driving several farmers to opt for organic and natural feed options, limiting the demand for conventional products.
 

Asia Pacific starter feed market will record a market size of about USD 23 billion and 9.2% CAGR during 2024 and 2032, owing to the rising rate of urbanization. The booming population in the region has propelled the higher consumption of processed and convenience foods, such as animal protein. As per the USDA (United States Department of Agriculture), India imported nearly USD 33.62 billion worth We use cookies to enhance user experience. The rapidly expanding animal agriculture sector and the consequently surging demand for high-quality starter feed are other factors driving the regional market revenue.
 

Starter Feed Market Share

Companies in the market employ several strategies to gain a competitive edge. They focus on developing innovative formulations with advanced nutrients, probiotics, and prebiotics to enhance animal health and growth. Emphasizing sustainability, many companies are incorporating eco-friendly ingredients and production processes. Strategic partnerships and collaborations with livestock producers and veterinary experts help in understanding and meeting specific nutritional needs. Additionally, investing in research and development, alongside adopting cutting-edge technology for efficient feed production, plays a crucial role. Companies also prioritize market expansion through distribution networks and tailored solutions to cater to diverse regional demands.
 

Starter Feed Market Companies

Top companies operating in the starter feed industry include:

• Archer Daniels Midland Company
• Cargill Incorporated
• Alltech Inc
• BASF SE
• Associated British Foods PLC
• Evonik Industries AG
• ACI Godrej Agrovet Private Ltd
• BRF SA,
• Roquette Freres SA.
   

Starter Feed Industry News

• In September 2022, Cargill launched a new mini-pellet chick feed for promoting chick start during the first 120 hours of the bird’s life.
   

The starter feed market research report includes in-depth coverage of the industry, with estimates and forecasts in terms of revenue and volume (USD Billion) (Kilo Tons) from 2024 to 2032, for the following segments:

Click here to Buy Section of this Report

Market, By Type

• Medicated
• Non – medicated

Market, By Ingredient

• Wheat
• Corn
• Soybean
• Oats
• Barley
• Others (sorghum, lupines, peas)

Market, By Livestock

• Ruminant
• Swine
• Poultry 
  • Broilers
  • Layers
  • Breeders
• Others
• Aquatic
• Equine
• Other (pet animals and birds)

Market, By Form

• Pellets
• Crumbles
• Other (mash and grit)

Market, By Nature

• Organic
•  Conventional

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA