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Starter Feed Market by Type, Ingredient, Livestock, Form, and Region - Global Forecast Up to 2022

Starter Feed Market: Global Forecast until 2022

  • February 2017
  • 158 pages
  • ID: 4756164
In this report:
According to the Alltech Feed Survey in 2016, poultry feed accounts for more than ##% of the total feed production in the country in 2016, in which broiler feed ranks first, followed by those for layers, ducks & goose, and turkey.
According to the Thai Feed Mill Association (TFMA), the animal feed sector accounts for ##% of the production, aquafeed accounted for the other ##% in 2014.

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"Global starter feed market is estimated to rise at a compound annual growth rate of ~4.6 percent."

The starter feed market is estimated to grow a value of ~$29.1B by 2022, increasing at a compound annual growth rate (CAGR) of ~4.6 percent from 2016. The sector is influenced by Elements such as the need to rise livestock production to satisfy expanded demand for animal-sourced products and adoption of precision nutrition techniques.

"The medicated segment is forecasted to be the faster-growing of the two, from 2016 to 2022."

The medicated segment is expected to rise at a higher rate as these are preferred over non-medicated starter feed when the livestock is not vaccinated. It helps to administer authorized veterinary medicines to the livestock and works to complement other forms of administration including injection, in-water, tablet, or drench. The market demand for medicated starter feed is growing, as they keep livestock healthier, free of deadly diseases, and help decrease the mortality rate of livestock.

"The oats segment is estimated to be the quickest-rising from 2016 to 2022."

The oats segment is expected to grow at the highest compound annual growth rate (CAGR) from 2016 to 2022. Oats are easier to feed to animals than other grains and are used in poultry feed, primarily because of their high fiber and beta-glucan content. Oats are being used in the place of high-energy cereals including barley and corn, which is driving the oats segment.

"Asia Pacific (APAC) is expected to be the quickest-increasing from 2016 to 2022."

The industry demand for starter feed is influenced by the rising awareness about the modern agricultural practices. Maximum increase is witnessed in countries including China (CN) and India due to the growing awareness among the farmers about the nutritional animal feed.

The breakdown of the primaries on the basis of company, description, and area conducted during the business research study, are like follows:

By Company Type: Tier 1 - 20.0 percent, Tier 2 - 45.0 percent, and 1/3 3 - 35.0 percent

By Designation: Director Level - 20.0 percent, C Level - 35.0 percent, and Others - 45.0 percent

By area: North america (NA) - 25.0 percent, Europe - 25.0 percent, Asia-Pacific - 40.0 percent, South America - 5.0 percent, and MEA - 5.0 percent

Segment Research

This industry report classifies the overall market for starter feed on the basis of class, ingredient, livestock, form, and area. In terms of insights, this market research has emphasized industry analyses and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; emerging & high-growth segments of the overall starter feed market; high-growth areas, territories, and their specific regulatory policies; government actions; and drivers, industry restraints, and alternatives.

Main highlights

- Analyses of the overall starter feed market, with region-specific assessment and competition review

- Market definition together with the identification of top drivers and market restraints

- Identification of factors instrumental in changing the market scenarios, increasing prospective opportunities, and main firms that can influence this sector on a overall and regional scale

- Extensively researched competitive landscape section with profiles of main firms

- Identification and study of the macroeconomic indicators that affect the starter feed market on overall and regional levels

- A comprehensive list of top market actors, together with the review of their current strategic interests and main financial information

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