Starter Feed Market Expected to Reach USD 29.15 Billion by 2022, at a CAGR 4.57%

1. MarketsandMarkets Presents Starter Feed Market Expected to Reach 29.15 Billion USD by 2022

2. The report "Starter Feed Market by Type (Medicated and Non-medicated), Ingredient (Wheat, Corn, Soybean, Oats, and Barley), Livestock (Ruminants, Swine, Poultry, Aquatic, and Equine), Form (Pellets and Crumbles), and Region - Global Forecast Up to 2022", The global market for starter feed was valued at USD 21.45 Billion in 2015; this is projected to grow at a CAGR of 4.57% from 2016, to reach USD 29.15 Billion by 2022. • Browse • 85 market data tables • 64 figures • 157 pages and in-depth TOC on "Starter Feed Market “. • You can speak to our analyst@ • http://www.marketsandmarkets.com/speaktoanalyst.asp?id=203095826

4. The market for starter feed is projected to reach USD 29.15 Billion by 2022, growing at a CAGR of around 4.57% from 2016. The global starter feed market has grown exponentially in the last few years. The need to increase livestock production to cater to the rise in demand for animal-sourced products and the adoption of precision nutrition techniques are the major drivers for the market. On the basis of type, the starter feed market is segmented into medicated and non-medicated. The medicated was the larger segment in 2015. The medicated starter feed segment is also projected to grow at a comparatively higher CAGR during forecast period. The inclusion of oats in starter feed, on the basis of ingredient, is projected to grow at a significant rate during the forecast period. Oats are easier to feed to animals than other cereals; they are mainly used in poultry feed of their high fiber and beta-glucan content. This is to drive the oats segment during the forecast period. On the basis of livestock, the poultry segment was the largest in 2015; this is also to grow at the highest CAGR from 2016 to 2022. The poultry starter feed is a balanced nutritional formulation and helps poultry to establish a healthy appetite at the initial stage of growth. It also contains coccidiostat, which helps in the treatment of coccidiosis in young chicks. These factors drive the poultry starter feed market. On the basis of form, the pellet segment was the largest in 2015; this is also projected to grow at the highest CAGR from 2016 to 2022. It is easy to feed to the animals, easy to store, and is the most common preference by the chicken farmers and triggers early feed intake.

5. The Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. The region is heterogeneous, with diversity in income levels, technology, and demands of the end consumers to provide better-quality feed to livestock, leading to enhanced scope for future growth. South Korea and Malaysia are mature and stable markets and use modern techniques for production. • The major restraints of the starter feed market is the stagnation in livestock production in developed economies. The starter feed market has a number of large- and small-scale firms. Investments and divestments were the key strategies adopted by market players to ensure their growth. Major players in the market include Cargill, Incorporated (U.S.), BASF SE (Germany), Archer Daniels Midland Company (U.S.), Evonik Industries AG (Germany), and Koninklijke DSM NV (Netherlands). • The value chain of starter feed market begins with R&D and product development, in which the selection of source and the quality of the product are determined by the requirement of the product. The value chain helps in bringing about coordination among stakeholders. • Target Audience • The key stakeholders for the report are as follows: • Starter feed manufacturers • Starter feed importers and exporters • Government regulatory authorities and research organizations • Starter feed industry bodies

6. Scope of the Report: • On the basis of Type, starter feed market is segmented as follows: • Medicated • Non-medicated • On the basis of Ingredient, starter feed market is segmented as follows: • Wheat • Corn • Soybean • Oats • Barley • Other ingredients (sorghum, lupines, and peas) • On the basis of Form, the starter feed market is segmented as follows: • Pellets • Crumbles • Other forms (mash and grit)

7. On the basis of Livestock, the starter feed market is segmented as follows: • Ruminants • Swine • Poultry • Aquatic • Equine • Other animals (pet animals and birds) • On the basis of Region, the starter feed market is segmented as follows: • North America • Europe • Asia-Pacific • South America • Middle East and Africa (MEA) • Key Takeaways from this Report • The global market size was analyzed for 2015 and market growth projected for the period ranging from 2016 to 2022. • The medicated segment, by type, dominated the starter feed market in 2015. • The starter feed market was the largest in the Asia-Pacific region in 2015. • Detailed company profiles have been provided of key manufacturers of starter feed.

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