Shibuya-ku, Tokyo, Japan, Japan, Mar 19, 2021, 07:30 /Comserve / -- The starter feed market is projected to reach a value of USD 29.15 billion by 2022, growing at a CAGR of 4.57% from 2016.
The market is driven by factors such as the need to increase livestock production to satisfy increased demand for animal-sourced products and adoption of precision nutrition techniques.
The major players in this market are as follows:
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Other players that also have a strong presence in this market are as follows:
“The medicated segment is projected to be the faster-growing of the two, from 2016 to 2022.”
The medicated segment is projected to grow 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 such as injection, in-water, tablet, or drench. The demand for medicated starter feed is increasing, as they keep livestock healthier, free of deadly diseases, and help decrease the mortality rate of livestock.
“The oats segment is projected to be the fastest-growing from 2016 to 2022.”
The oats segment is projected to grow at the highest 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 such as barley and corn, which is driving the oats segment.
“Asia-Pacific is projected to be the fastest-growing from 2016 to 2022.”
The demand for starter feed is driven by the increasing awareness about the modern agricultural practices. Maximum growth is witnessed in countries such as China and India due to the increasing awareness among the farmers about the nutritional animal feed.
The breakdown of the primaries on the basis of company, designation, and region conducted during the research study, are as follows:
Research Coverage:
This report categorizes the global market for starter feed on the basis of type, ingredient, livestock, form, and region. In terms of insights, this research report has focused on industry analyses and company profiles, which together comprise and discuss the basic views on the competitive landscape; emerging & high-growth segments of the global starter feed market; high-growth regions, countries, and their respective regulatory policies; government initiatives; and drivers, restraints, and opportunities.
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Key benefits of buying this report
TABLE OF CONTENTS
1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.3 STUDY SCOPE 15
1.4 PERIODIZATION CONSIDERED FOR THE STUDY 16
1.5 CURRENCY 16
1.6 UNITS 16
1.7 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1 INTRODUCTION 17
2.2 RESEARCH DATA 18
2.2.1 SECONDARY DATA 18
2.2.1.1 Key data from secondary sources 18
2.2.2 PRIMARY DATA 19
2.2.2.1 Key data from primary sources 19
2.2.2.2 Key industry insights 20
2.2.2.3 Breakdown of primaries 20
2.3 MACROINDICATORS 21
2.3.1 GROWTH IN LIVESTOCK POPULATION 21
2.3.2 SHRINKING PASTURE LAND AREA 22
2.3.3 GROWTH IN LIVESTOCK PRODUCTION 24
2.3.4 PRICES OF FEED INPUTS 25
2.3.5 REGULATORY ENVIRONMENT 25
2.4 MARKET SIZE ESTIMATION 27
2.5 MARKET BREAKDOWN & DATA TRIANGULATION 29
2.6 RESEARCH ASSUMPTIONS AND LIMITATIONS 30
2.6.1 ASSUMPTIONS 30
2.6.2 LIMITATIONS 31
3 EXECUTIVE SUMMARY 32
4 PREMIUM INSIGHTS 38
4.1 ATTRACTIVE OPPORTUNITIES IN THE STARTER FEED MARKET 38
4.2 STARTER FEED MARKET, BY KEY COUNTRY 39
4.3 LIFE CYCLE ANALYSIS, BY REGION 41
4.4 STARTER FEED MARKET, BY TYPE 42
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