Increasing Adoption Of Advanced Poultry Farming Practices To Positively Shape The Starter Feed Market
Starter
feed is feed products widely used to feed the livestock. Humanure is one of the
most effective feeds on cattle, providing a steady supply of necessary
nutrients to the animals that help in their growth and development. Humanure
for cattle provides a nutritional diet, which can be supplemented with
additional commercial feeds. It is an easy-to-use liquid that can be easily
added to existing animal feed mixes or purchased ready to use. The advantages
of this feed include low cost and high yield production. Moreover, medicated
starter feed for cattle is popular in some countries and regions.
Growing
meat consumption and production is a key factor fueling the growth of the starter
feed market. The meat and poultry industry is the largest segment of
U.S. agriculture. According to the North American Meat Institute, the U.S. meat
production totaled 52 billion pounds in 2017 and U.S. poultry production
totaled 48 billion pounds in 2017. In 2017, the meat and poultry industry
processed: 9 billion chickens, 32.2 million cattle and calves, 241.7 million
turkeys, 2.2 million sheep, and lambs, and 121 million hogs. In addition to
this, the commercialization of poultry farming is also projected to foster the
market growth of the starter feed. On the other hand, the high cost of the
starter feed is projected to hinder the market growth over the forecast period.
From
the geographical point of view, North America is expected to gain significant
growth over the forecast period and this is attributed to the increasing
adoption of advanced poultry farming practices and high demand for animal-source
food products. According to the Food and Agriculture Organization, the United
States of America is the world’s largest poultry meat producer, with 18 percent
of global output.
Key Developments:
1. In January 2020, Alltech Coppens, an aqua nutrition
specialist, has launched an improved range of innovative starter feeds for
trout. Backed by extensive research at Alltech Coppens Aqua Centre (ACAC), TOP
fry feed is shown to provide key nutrients while improving water quality.
2. In November 2018, Biochem has just enhanced its
popular range of animal nutrition products with the launch of the new HatchGel
SP for modern poultry breeds. This uniquely formulated gel solution not only
functions as an application medium, but also combines nutritional value,
prebiotic effects, vaccine protection, water stabilizing effect, and coloring
effect.
Comments
Post a Comment