North America Starter Feed Market

North America Starter Feed Market Size, Growth, Trends and Forecast:

North America Starter Feed Market was worth USD 10.33 billion in 2021 and estimated to be growing at a CAGR of 4.61%, to reach USD 13.69 billion by 2026. Starter feed is the mixture of dairy and highly digestible protein products, acidifiers, enzymes, probiotics and palatability agents like sweeteners and flavours with the raw materials that is generally available in the farm to obtain high performing pre-starter and starter diets. With the usage of quality starter feeds in the first weeks of animal farm, it may obtain much higher results on growth, nutritional and sanitary performance of animals. It allows the animal to adopt to the solid feed and consequently, improving assimilation of the following feeds. In addition, we also obtain a progressive growth and lower mortality.

Starter feeds are used in the different types of livestock farming such as poultry, swine, aquatic, ruminants. In poultry, it is used in newly hatched chicks ages 0-10 weeks in order to increase protein level up to 20%. It covers all the nutritional needs of the farm fish by improving the performance of the fish and contributes to increased production profitability. The starter feed for swine provides a balanced nutritional formulation and also helps in increase of swine population during initial growth stage to get accustomed to solid diet. In the livestock feed, oats are easier to feed to animals than other than grains because of their high fibre content and beta-glucans.

Drivers and Restraints of North America Starter Feed Market:

Major factors driving for the North America Starter Feed Market are the increasing demand for the livestock products, adoption of precision nutrition techniques, growing people awareness about animal feed, rise in disposable income, favourable government policies in the animal industry, rise in livestock production, new products innovation and technological advancements in the farms.  However, lack of awareness and high cost feed are restraining the growth of the North America Starter Feed Market.

North America Starter Feed Market Segmentation:

North America Starter Feed Market – By Ingredients:

• corn

• wheat
• oats
• soybean
• barley
• others

North America Starter Feed Market – By Type:

• medicated
• non-medicated

North America Starter Feed Market – By Form:

• pellets
• crumbles

North America Starter Feed Market – By Application:

• poultry
• ruminants
• swine
• aquatic
• equine
• others

Medicated starter feed is anticipated to have the highest CAGR which is used to give livestock veterinary medicines. In ingredient type, Oats are projected to grow at the fastest rate through 2025. In application, Poultry is forecasted to have the highest revenue of the starter feed market during the forecast period.

Geographical Analysis:

The North America market has been geographically segmented into segmented into US and Canada. North America leads the global market, accounting for more than 34% of the entire market share. The increased government funding and presence of large companies in this region is driving for the market.

Key Players:

Major companies in the North America Starter Feed Market are Cargill Incorporated, Archer Daniels Midland Company, Evonik Industries AG, BASF SE, Charoen Pokphand Foods Plc, Roquette Freres S.A., Koninklijke DSM NV, Alltech and Associated British Foods Plc.