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Starter Feed Market Size

  • Report ID: GMI5568
  • Published Date: Apr 2023
  • Report Format: PDF

Starter Feed Market Size

Starter Feed Market size valued at USD 36 billion in 2022 and is anticipated to exhibit 8% CAGR from 2023 to 2032.

 

The rapidly expanding consumption of meat products to match the growing needs of the expanding global population will positively influence the market demand. As per a recent OECD report, the production of meat, inclusive of beef, poultry, and pork across the globe reached 340 million tons in 2021 in comparison to nearly 248 million in 2018. Starter feed is increasingly favored for feeding young animals for ensuring their healthy growth. The growing popularity of pre-starter feed for piglets, broilers, and calves will further augment the industry expansion.
 

 

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of starter feed reached more than USD 36 billion in 2022 and is poised to expand at 8% CAGR from 2023 to 2032 due to the rapidly expanding consumption of meat products worldwide.

The corn segment is projected to cross USD 34.8 billion by 2032, driven by the rising inclination towards non-GMO and organic products.

Asia Pacific market size is expected to grow at 9% CAGR through 2032, owing to the rising rate of urbanization.

Some of the well-known industry players include Archer Daniels Midland Company, Nutreco N.V., Purina Mills LLC, Cargill Incorporated, Alltech Inc, BASF SE, Associated British Foods PLC, Evonik Industries AG, ACI Godrej Agrovet Private Ltd, BRF SA, and Roquette Freres SA.

Starter Feed Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 10
  • Tables & Figures: 415
  • Countries covered: 21
  • Pages: 400
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