Global swine feed market was valued at USD 106.4 billion in 2018. It is forecast to grow at a CAGR 3.5% during the forecast period. The market is expected to grow due to rising consumption of pork meat. It provides nutrition for swine, and helps to nurture them. Additives are a vital source of nutrition because they make the product easier to digest. The diet of swine includes enzymes, amino acids and antimicrobials as well as antioxidants.
Due to their many benefits, feed additives have gained a lot of popularity on the market. Natural additives have negligible side effects on swine health. The additions help to promote optimal nutrition absorption. They do not add pressure to the stomach or alter the natural digestive enzymes produced by the swine gut.
The demand for animal protein, including pork products, is expected to rise. Amino acids, vitamins, and enzymes have gained immense popularity in recent years. They help to improve the immunity of swine, as well as reduce the number deaths from diseases. This will drive market growth during the forecast period.
The global demand for pork is expected to rise due to rising consumption in developing countries like Brazil, India, China and China. The largest pork exporting region in North America will drive demand for the product during the forecast period.
Grower pigs are newborn pigs that grow at a faster pace than the rest of the population. Grower pigs are characterized by a high protein deposition rate and a higher feed conversion rate. They consume approximately 1.2 kilograms per day. Once a piglet is born, the younger gilt is called sow.
Sow feed is made up of ingredients that provide energy, protein, vitamins, minerals, and the necessary amino acids for sows. This product is able to meet the needs of sows, and help them stay healthy during lactation. South Africa's product demand has been affected by the rising incidence of disease from infected pork meat. The product will also be more popular because of its enhanced properties, which are expected to reduce the incidence of animal epidemics.
In 2018, the largest form segment in the swine food market was the pellets segment. This growth can be attributed mainly to improved feed efficiency and palatability as well as increased swine performance. Because of their ease-of-use feeding and the contribution to Average Daily Gain (ADG), swine farmers are more inclined to use pelleted products.
Form can also be broken down into mash or crumbles. Because of the lower cost of processing, mash form is generally less expensive. For easy digestion, however, mash must be finely ground. Finely ground feed can improve the intake and feed conversion ratio. The form of the swine also has an impact on their health, nutrient requirements, and costs. Due to its health benefits, swine producers prefer the pelted form. However, the response of swine depends on the form.
The market is segmented based on additives. These include vitamins, feed enzymes and feed acidifiers. Antibiotics, amino acids, and other. The nutrition given to swine is enhanced by the use of additives. They improve the quality of feed and food.
Although vitamins are naturally found in many ingredients, they can be added to livestock feeds to ensure proper nutrition. Vitamin A, Vitamin D and Vitamin E are the most commonly used vitamin additives. These are added to the mix as supplements to maintain and improve animal health.
Feed additives on the vitamin market have a slow growth rate due to the fact that vitamins in feed additives can only be used when livestock is lacking in vitamin D and natural vitamins in the feed are insufficient. Animals can also be given vitamins to increase their resistance to disease and reproductivity.
Asia Pacific saw remarkable growth in 2018, and was the largest market in both revenue and volume. The market's growth is expected to be driven by rising meat consumption and increased meat production in countries like Thailand, South Korea and Vietnam.
China was responsible for almost 50% of global pork production in 2018. China is predicted to see an increase in demand for swine food, which will fuel demand in Asia Pacific. Large imports of pork from countries such as Australia, New Zealand, and Korea are expected to positively impact the market's growth.
North America is the world's largest pork exporter and will likely see high demand over the forecast period. The European region is seeing a rise in demand for the product due to increased consumption and strict regulations.
Global market is competitive and highly concentrated. Market participants include Archer Daniels Midland Company, BASF SE, Koninklijke DSM N.V; Associated British Foods plc, Lallemand, Inc., Cargill, Inc., and Alltech, Inc. These companies participate in joint ventures, mergers & acquisitions to improve swine feed products. Market growth will be driven by the introduction of customized feed products that can be used with additives.
The integration of all value chains is one factor that provides increased profit margins to swine feed manufacturers, which in turn leads to significant growth potential for this market. Regional regulations can hinder the production of key market players. But, manufacturers can gain a competitive edge by innovating their products and creating innovative packaging that will help them expand their market share.
This report provides a forecast of revenue growth at the global, regional and country level and an analysis on industry trends in each sub-segment from 2014 to 2025. Grand View Research segmented the global market for swine feed on the basis product, form, additives and region.
Product Outlook (Volume of Kilotons; Revenues, USD Millions, 2014-2025)
Form Outlook (Volume of Kilotons; Revenues, USD Millions, 2014-2025)
Additives Outlook (Volume of Kilotons; Revenues, USD Million, 2014-2025)
Regional Outlook (Volume of Kilotons; Revenues, USD Million, 2014-2025)
Central & South America
Middle East & Africa
b. Global swine feed market was valued at USD 110.1 billion in 2019, and is projected to grow to USD 114.2 billion by 2020.What is the growth rate of the swine feed industry?
b. Global swine feed markets are expected to expand at a compound annual rate of 3.5% between 2019 and 2025, reaching USD 135.6 billion in 2025.Which segment had the largest share of the swine feed market?
b. Asia Pacific was the market leader in swine feed with a 37.2% share in 2019. This can be attributed to the increasing consumption of pork meat in China, Taiwan, and South Korea.What are the major players in the swine feed industry?
b. Archer Daniels Midland Company, BASF SE, Koninklijke DSM N.V., Associated British Foods plc, Lallemand, Inc., Cargill, Inc., and Alltech, Inc. are some of the key players in the swine food market.What are the driving factors for the swine feed industry?
b. Market growth is driven by the increasing demand for pork meat products of high quality, and the increased use of swine food in combination with feed additives to improve conversion.
Up Market Research published a new report titled “Swine Feed Market research report which is segmented by Form (Pellets, Crumbles, Mash), by Additives (Amino Acids, Vitamins), by Product (Grower Feed, Starter Feed), By Players/Companies Inc; and Alltech, Inc, Archer Daniels Midland Company; BASF SE; Koninklijke DSM NV; Associated British Foods plc; Lallemand, Inc; Cargill”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Swine Feed Market Research Report|
|By Form||Pellets, Crumbles, Mash|
|By Additives||Amino Acids, Vitamins|
|By Product||Grower Feed, Starter Feed|
|By Companies||Inc; and Alltech, Inc, Archer Daniels Midland Company; BASF SE; Koninklijke DSM NV; Associated British Foods plc; Lallemand, Inc; Cargill|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||219|
|Number of Tables & Figures||154|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Form (Pellets, Crumbles, Mash), by Additives (Amino Acids, Vitamins), by Product (Grower Feed, Starter Feed).
Swine Feed Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Swine Feed Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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