Starter Feed Market Future Outlook Envisioned to Reach USD 48.3 Billion by 2032 with a 7.22% CAGR"
Starter Market Forecast Starter feed market is observing an exponential growth based on its high usage in the feed industry. They offer additional nutrients such as minerals, antioxidants, amino acids, and vitamins to the animal feed. They are used for improving the feed quality and animal health by reducing livestock diseases. Starter feed is majorly natural or synthetic ingredients that are added to the feed in order to improve the feed performance. The major types of starter feed include medicated and non-medicated. In 2022, the Starter Feed Market Size reached USD 25.8 Billion. The industry is poised for growth, with projections indicating an increase from USD 27.6 Billion in 2023 to USD 48.3 Billion by 2032. This expansion reflects a compound annual growth rate (CAGR) of 7.22% throughout the forecast period spanning from 2023 to 2032. The market's growth is driven by escalating concerns related to animal health and welfare, the emphasis on feed efficiency, advance...