Global Starter Feed Industry

Global Starter Feed Industry

  • April 2021 •
  • 391 pages •
  • Report ID: 5900361 •
  • Format: PDF
Abstract:
- Global Starter Feed Market to Reach $31.2 Billion by 2027
- Amid the COVID-19 crisis, the global market for Starter Feed estimated at US$25.2 Billion in the year 2020, is projected to reach a revised size of US$31.2 Billion by 2027, growing at aCAGR of 3.1% over the period 2020-2027. Medicated, one of the segments analyzed in the report, is projected to record 3.7% CAGR and reach US$19 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-medicated segment is readjusted to a revised 2.2% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $6.8 Billion, While China is Forecast to Grow at 5.8% CAGR
- The Starter Feed market in the U.S. is estimated at US$6.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.5 Billion by the year 2027 trailing a CAGR of 5.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.8% and 2.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR.

- Select Competitors (Total 58 Featured) -
  • Aci Godrej Agrovet Private Ltd.
  • Alltech
  • Archer Daniels Midland Company
  • Associated British Foods PLC
  • Cargill, Inc.
  • Charoen Pokphand Foods PCL
  • Evonik Industries AG
  • Nutreco NV
  • Purina Animal Nutrition LLC
  • Roquette Freres S.A.