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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.
Report Attribute | Details |
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Base Year: | 2022 |
Starter Feed Market Size in 2022: | USD 36 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 8% |
2032 Value Projection: | USD 82 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 400 |
Tables, Charts & Figures: | 415 |
Segments covered: | Type, Ingredient, Livestock, Form, Nature |
Growth Drivers: |
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Pitfalls & Challenges: |
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