Starter Feed Market Analysis

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.