Starter Feed Market to Reflect Impressive Growth Rate during 2019-2029 || Key Players - Devenish Nutrition LLC., Cargill Incorporated, Archer Daniels Midland Company, Lowes Pellets & Grain Inc., Alltech Inc.

According to a new study by Fact.MR, the global sales of starter feed surpassed 66,300 thousand tons in 2018. Myriad factors influence the dynamics of the starter feed market, which range from rising end user requirement for highly digestible and clean-label feedstuff, to ban on using antibiotics as growth promoters in animal feed.

The study finds that end-users continue to show a marked preference for medicated starter feed, in light of its ability to prevent animals from developing cocci oocysts, and promote immunity. Starter feed containing amprollium slows the growth of the cocci oocyts, which causes coccidiousis - one of the most common chicken diseases. Although sales of non-medicated starter feed remain low, growing inclination of end users toward getting their livestock vaccinated against prevalent diseases.

Starter Feed Market in Numbers:

Global sales of starter feed will surpass US$ 28,600 Mn in 2019. Animal welfare gained significant momentum in recent years, permeating core objectives of livestock farmers’ production strategies, such as humane farming. This coupled with, the growing popularity of fermenting livestock feed, have influenced the development and adoption of starter feed.

Sales of medicated starter feed will remain high, in light of its ability to alleviate growth of the coccidia oocysts in young chicks, by enabling them to develop an immunity to cocciodosis. Furthermore, medicated starter feed is antibiotic-free, which is favoring its adoption particularly in United States.

The United States will remain the leading market for starter feed market on account of steady growth of poultry industry in the region.

South Asia is expected to be the high growth market for starter feed, with gains primarily driven by a surge in the rate of production and sales of starter crumbles, pellets and mash.

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Leading players continue to reign supreme in the starter feed market, collectively accounting for over 40% shares, Increased focus on offering value-added products and deliver optimum nutritional value to livestock, has led Collaboration with research scientists to enhance the starter feed quality, and frequent product launches to appeal to new and potential customers are the key strategies of these players.

The market presence of emerging players also remains portentous, accounting for nearly 40% shares. Provision of customized and customer-need specific products. Online sales platforms continue to remain the mainstay of emerging players to increase their presence in the starter feed market. Growing number of starter feed manufacturers are targeting North America, on the back of the proliferating poultry industry, growing broiler production, and existing ban on antibiotic-containing feed in the region.

Leveraging emerging technology to prime the immune system, create ideal gut-health environment, and deliver consistent, high quality, and targeted nutrition to animals, is expected to remain a key strategy of manufacturers to gain competitive edge. An increased focus on nutritional technology to understand and unlock the real potential of raw materials will create fresh growth avenues for stakeholders.

Phytobioitics are increasingly gaining interest of livestock starter feed manufacturers, as antibiotic use becomes more and more regulated in the industry. The continued pressure on starter feed manufacturers to reduce antibiotic use, especially for performance purposes, has prompted them to turn toward phytogenic feed additives. The capacity of these natural, plant-based additives to stimulate growth via increased intake, gut well-being, antimicrobial effects, and feed conversion is reinforcing their value in the starter feed market. Additionally, growing demand for conventional- and antibiotic-free animal nutrition is accelerating the sales of phytogenics-based starter feed, which, in turn, is favoring market growth.

A realistic methodology coupled with holistic approach forms the basis of the incisive insights rendered in the starter feed market report. The Fact.MR report reckons comprehensive information on the growth prospects of starter feed market along with enthralling insights into the forecast study of the market.

Fact.MR has leveraged the research approach to arrive at the starter feed market size offered, along with other pivotal numbers, such as CAGR and revenue share of all the market segments mentioned in the report. All the information provided in the starter feed market has undergone various validation funnels, before its inclusion in the report.

Extensive primary and secondary research has been done to garner valuable insights into the forecast analysis of starter feed market. The report on starter feed market has also gone through cross-validation to ensure the delivery of accurate information to the market enthusiasts.

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