Cargill, Incorporated (U.S.) and Archer Daniels Midland Company (U.S.) are the leading player in the Starter Feed Market
The starter feed market has many players (small, medium, and large); however, the market is dominated by a few, such as Cargill, Incorporated (U.S.), BASF SE (Germany), Archer Daniels Midland Company (U.S.), Evonik Industries AG (Germany), and Koninklijke DSM NV (Netherlands), which collectively account for a significant share in the starter feed market. Investments and divestments were the preferred growth strategies of the key players from 2011 to 2016 for better penetration and coverage, increase in the product portfolio, and to reach new potential markets. Other players such as Roquette Frères SA (France), Land O’ Lakes Inc. (U.S.), Chareon Pokphand Foods PCL. (Thailand), ABF Plc (U.K.), Alltech (U.S.), and Nutreco N.V. (Netherlands), also have a strong presence in this market.
Cargill, Incorporated (U.S.)
Cargill manufactures and markets food-based, agricultural, financial, and industrial products & services. The company’s major business segments include agriculture services, animal nutrition & feed, food ingredients & applications, origination & processing, and risk management & financial services. It offers starter feed products under the animal nutrition & feed segment. The products are manufactured for various segments such as aquaculture, beef, poultry, and pork. Cargill expanded on its feed formulation expertise through the acquisition of Format International Ltd. (U.S.) in December 2015. It further expanded its feed formulation expertise through the acquisition of Format International Ltd. (U.S.) in May 2015. The company distributes animal nutrition products in more than 25 countries worldwide, and has 56 facilities for animal nutrition in 31 countries.
Archer Daniels Midland Company (U.S.)
Founded in 1902, Archer Daniels Midland produces food & beverage ingredients, animal feed & feed ingredients, biofuels, and naturally derived alternatives to industrial chemicals. ADM is one of the largest agricultural processors in the world. The major business segments are oilseed processing, corn processing, and agricultural services. The agricultural segment includes processing of wheat, processing-distribution of formula feeds and animal feed, and procurement-processing-distribution of edible beans. ADM offers high-quality feed ingredients and premixes for cattle, poultry, goat, and equine, among other animal segments. ADM provides starter feed and feed ingredients under the animal feed & feed ingredients segment. The company launched a product for swine nursery diets in June 2016. This launch expanded the company’s product portfolio for starter feed.
Related Reports:
Starter Feed Market by Type (Medicated and Non-medicated), Ingredient (Wheat, Corn, Soybean, Oats, and Barley), Livestock (Ruminants, Swine, Poultry, Aquatic, and Equine), Form (Pellets and Crumbles), and Region - Global Forecast Up to 2022
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