Starter Feed Global Market Report 2024

The starter feed market has grown strongly in recent years. It will grow from $32.83 billion in 2023 to $35.4 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The expansion in the historical period can be attributed to an increasing emphasis on animal health and welfare, the growth of commercial poultry farming, the globalization of livestock farming, advancements in feed manufacturing, a focus on disease prevention, and consumer demand for high-quality animal products.

The starter feed market is expected to see strong growth in the next few years. It will grow to $46.21 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The anticipated growth in the forecast period can be attributed to the integration of sustainable practices, the expanding market for specialty livestock, the growth of the aquaculture industry, a focus on antibiotic-free animal farming, and the increasing demand for plant-based proteins. Major trends expected in the forecast period include collaboration in animal nutrition research, advancements in feed efficiency technologies, early nutrition programming, innovations in pelletization and crumbling technologies, and customization for different species.

The expansion of the aquaculture industry is anticipated to fuel the growth of the starter feed market. Aquaculture involves the breeding, raising, and harvesting of fish, shellfish, and aquatic plants in controlled aquatic environments for commercial purposes. Starter feed holds significant importance in aquaculture, serving to support the growth and development of fish and other aquatic animals by enhancing their levels of protein, vitamins, minerals, carbohydrates, and amino acids. For example, in June 2022, Reliefweb reported that global aquaculture production reached a record 122.6 million metric tons, valued at USD 281.5 billion in 2020. Additionally, according to The International Trade Administration, the global aquaculture market was valued at $204 billion in 2020, with an expected increase to $262 billion by 2026. Hence, the anticipated growth of the aquaculture industry is set to drive the expansion of the starter feed market.

The increasing demand for animal-sourced products is projected to stimulate the growth of the starter feed market in the future. Animal-sourced products encompass materials derived from non-human animal bodies, including meat, fat, blood, milk, eggs, and other lesser-known goods. Starter feed plays a crucial role in the production of various animal-sourced products, providing essential nutrients during the critical growth period of young animals. As of 2023, the Food and Agriculture Organization reported a 1% increase in global meat production, reaching 347 million tons cwe in 2022. Furthermore, projections indicate a 15% increase in global poultry consumption, 11% in pig meat, 10% in beef, and 15% in sheep meat consumption by 2032. Consequently, the growing demand for animal-sourced products is a key driver behind the growth of the starter feed market.

Product innovation stands out as a prominent trend gaining traction in the starter feed market. Major players in the starter feed industry are actively engaged in developing novel products to fortify their market standing. For example, in September 2022, Cargill Corporation, a US-based food corporation, introduced Neochicc, an innovative pelletized chick starter feed designed to support chick development in the initial 120 hours of a bird's life. Neochicc promotes optimal nutritional digestion, incorporating precise proportions of protein, carbohydrate, fat, and additives in highly digestible components. Enriched with organic acids and essential oils, it contributes to intestinal health and nutrient absorption, facilitating efficient feed consumption for young chickens to reach their genetic potential.

Prominent companies in the starter feed market are channeling their efforts into crafting innovative feed solutions, such as high-performance starter feed, to secure a competitive advantage. High-performance starter feeds are meticulously formulated to deliver essential nutrients, fostering rapid growth and unlocking the full potential of young animals. A case in point is Skretting, a Norway-based provider of nutritional solutions and services, launching Nutra Sprint in December 2021. This advanced starter feed is tailored specifically for trout fry, addressing the critical first-feeding stage and establishing the groundwork for accelerated growth and long-term health in the fish. Nutra Sprint exhibits a reduced feed conversion ratio (FCR) by up to 8%, indicating enhanced feed efficiency and supporting the development of a resilient immune system.

In March 2021, De Heus Beheer B.V., a Myanmar-based manufacturer and supplier of nutritional feed products, successfully acquired Golpasz SA. for an undisclosed amount. Through this strategic acquisition, De Heus Beheer B.V. aims to enhance its position in Poland and offer clients tailored solutions by leveraging the combined expertise of both companies. Golpasz SA., based in Poland, specializes in manufacturing starter feed products for poultry, cattle, and sheep.

Major companies operating in the starter feed market report are Cargill Incorporated, BASF SE, Evonik Industries AG, Archer Daniels Midland Company, Purina Mills LLC., Charoen Pokphand Group Co. Ltd., Roquette Freres SA, Alltech Inc., ACI Godrej Agrovet Private Limited, Associated British Foods plc, Nutreco N.V, Koninklijke DSM N.V., Devenish Nutrition Ltd., Janaki Group Of Companies, lYork Ag, De Heus Animal Nutrition BV, ForFarmers NV, Land O'Lakes Inc., Hi-Pro Feeds LP, Kent Nutrition Group Inc., Ridley Corporation Limited, Japfa Comfeed Indonesia Tbk PT, Guangdong Haid Group Co. Ltd., Wen's Food Group Co. Ltd., Twins Group Inc., New Hope Liuhe Co. Ltd., East Hope Group Company Limited, Tyson Foods Inc., The Scoular Company, Nutriad International NV.

North America was the largest region in the starter feed market in 2023. The regions covered in the starter feed market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the starter feed market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Starter feed comes in two main types medicated and non-medicated. Medicated starter feed is formulated to meet the nutritional requirements of young animals and contains medications such as amprolium. It is available in various forms, including pellets and crumbles, and is composed of organic and conventional ingredients such as wheat, corn, soybeans, oats, and barley. This type of feed finds applications across different sectors, including poultry, ruminants, swine, aquatics, equine, and others.

The starter feed market research report provides starter feed market statistics, including starter feed industry global market size, regional shares, competitors with a starter feed market share, detailed starter feed market segments, market trends and opportunities, and any further data you may need to thrive in the starter feed industry. This starter feed market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The starter feed market consists of sales of chick starter, grower, and layer feeds. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.