The swine feed market is expected to grow from USD 107.44billion in 2020 to USD 139.09 billion by 2028, at a CAGR of 3.28 % during the forecast period 2021-2028
Swine feed is referred to as hog feed or pig feed, manufactured from a combination of nutrients, either from animal or plant sources, including barley, vitamins, minerals, soy meal, sorghum, corn, wheat, and other micronutrients, and antibiotics. Swine feed provides proper nutrients for the healthy growth of pigs. The swine feed is available in different market formats, including crumbs, mash, and pellets. Swine needs protein sources to build its muscles. A swine has much muscle, and swine feeds are protein sources for swine to build its muscles. Various swine specialized feeds are available in the market. They include swine pellets, swine finisher, piglet creep and swine grower feed. All these products provide enough nutrition to nurture and swine them.
The factors driving the market are increasing disposable incomes, product innovation, rising consumption of pork meat globally, increasing focus on biosecurity, growing middle-class population, the escalating demand for high-quality meat, changing consumer preferences, high demand for animal protein, and raising awareness among farm owners regarding healthy pig diets. The factors restraining the market growth are high price volatility associated with the raw materials & additives used in the feed preparation and rising acceptance of veganism globally. The opportunities for market growth are the growing demand for organic feed globally and investing in R&D.
This study delivers a comprehensive analysis of form, product, additives and region. The form segment includes mash, crumbles, and pellets. The pellets segment holds the largest market share due to improved feed efficiency, excellent palatability, and increased swine performance. However, the mash segment is relatively less expensive on account of less expensive processing techniques. Further, the dependency on the form also varies with costs, swine health, and nutrient requirement. The pelleted form is typically preferred by swine producers owing to its health benefits; however, the response of swine varies as per the form types. The product segment includes grower feed, sow feed, and starter feed. The grower feed segment holds the largest market share due to their high consumption by piglets or newborn pigs. However, another prominent reason to aid the growth of this segment is a swift increase in feed amount consumption by growing pigs. Starter or creep feed is essential for the future development of pigs of all sizes. Starter feeding or creep is necessary for sucking piglets for faster growth & attainment of good weaning weight. So, it eases the transition from sow's milk to solid pig starter feed & promotes digestive and gut enzyme development, enabling the piglet to digest nutrients from food sources other than milk. The additives segment includes amino acids feed enzymes, antioxidants, antibiotics, feed acidifiers, and vitamins. The amino acids segment holds the largest share, owing to its benefits in pigs especially to absorb proteins, which is vital in various body functions of living beings. Further, the vitamin segment naturally exists in most ingredients; however, additional vitamin supplements are mixed in animal feeds to provide proper nutrition. Vitamin D, Vitamin E, Vitamin K, Vitamin A, and riboflavin are the majorly used vitamin additives. These are added as supplements into the mixture to improve & maintain animal health.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Asia-Pacific region holds the largest market share due to the growing hectic lifestyles of consumers in this region. They are inclining toward convenience & ready-to-eat food products that can be consumed directly or require less preparation time. North America region is anticipated to grow due to the increasing demand for high-quality swine meat & other products across the region.
Some key players operating in the swine feedmarketAlltech,Kreamer Feed Inc,Charoen Pokphand Foods,BASF SE, Keystone Mills,Kent Corporation,Archer Daniel Midland Company,Purina Mills LLC, Lallemand Inc., and Cargill Inc.
For this study, Fior Markets Research has segmented the global swine feedmarket report based on form, product,additivesand region:
The Global Swine Feed Market Analysis and Forecast, By Form
The Global Swine Feed Market Analysis and Forecast, By Product
The Global Swine Feed Market Analysis and Forecast, By Additives
The Global Swine Feed Market Analysis and Forecast, By Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis ByForm
4.3.2. Market Attractiveness Analysis ByProduct
4.3.3. Market Attractiveness Analysis ByAdditives
4.3.4.Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1.Product Innovation
5.2.2. Rising consumption of pork meat globally
5.2.3. Increasing focus on biosecurity
5.2.4.The escalating demand for high-quality meat
5.3. Restraints
5.3.1Rising acceptance of veganism globally
5.3.2.High price volatility associated with the raw materials & additives used in the feed preparation
5.4.Opportunities
5.2.1.Growing demand for organic feed globally
5.2.2. Investing on R&D
6. Global Swine Feed Market Analysis and Forecast, ByForm
6.1. Segment Overview
6.2.Mash
6.3. Crumbles
6.4.Pellets
7. GlobalSwine Feed Market Analysis and Forecast, By Product
7.1. Segment Overview
7.2.Grower Feed
7.3. Sow Feed
7.4.Starter Feed
8. Global Swine Feed Market Analysis and Forecast, By Additives
8.1. Segment Overview
8.2. Amino Acids
8.3. Feed Enzymes
8.4.Antioxidants
8.5. Antibiotics
8.6.Feed Acidifiers
8.7. Vitamins
9. Global Swine Feed Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2.North America
9.2.1. US
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. UK
9.3.2. Germany
9.3.3. Italy
9.3.4. Spain
9.3.5. France
9.3.6. Turkey
9.3.7. Russia
9.3.8. Rest of Europe
9.4. Asia-Pacific
9.4.1. India
9.4.2. Japan
9.4.3. China
9.4.4. South Korea
9.4.5. Australia
9.4.6. Singapore
9.4.7.. Rest of Asia-Pacific (APAC)
9.5. Latin America
9.5.1. Brazil
9.5.2. Argentina
9.6.Middle East & Africa
9.6.1. Saudi Arabia
9.6.2. U.A.E.
9.6.3. South Africa
9.6.4. Rest of Middle East and Africa (MEA)
10. Global Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Swine Feed Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3.Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1.Alltech
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2.Kreamer Feed Inc
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3.Charoen Pokphand Foods
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4.BASF SE
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5.Keystone Mills
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6.Kent Corporation
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.16.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7.Archer Daniel Midland Company
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8.Purina Mills LLC
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9.Lallemand Inc
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10.Cargill Inc.
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Swine Feed Market, By Form, 2018-2028 (USD Million)
2. Global Mash, Swine Feed Market, By Region, 2018-2028 (USD Million)
3. Global Crumbles, Swine Feed Market, By Region, 2018-2028 (USD Million)
4. Global Pellets, Swine Feed Market, By Region, 2018-2028 (USD Million)
5. Global Swine Feed Market, By Product, 2018-2028(USD Million)
6. Global Grower Feed, Swine Feed Market, By Region, 2018-2028 (USD Million)
7.GlobalSow Feed, Swine Feed Market, By Region, 2018-2028 (USD Million).
8.Global Starter Feed, Swine Feed Market, ByRegion, 2018-2028 (USD Million)
9.Global Swine Feed Market, By Additives, 2018-2028 (USD Million)
10.GlobalAmino Acid,Swine Feed Market,By Region, 2018-2028 (USD Million)
11.GlobalFeed Enzymes,Swine Feed Market, By Region, 2018-2028 (USD Million)
12.GlobalAntioxidants,Swine Feed Market, By Region, 2018-2028 (USD Million)
13. GlobalAntibiotics,Swine Feed Market, By Region, 2018-2028 (USD Million)
14.GlobalFeed Acidifiers, Swine Feed Market, By Region, 2018-2028 (USD Million)
15. GlobalVitamins, Swine Feed Market, By Region, 2018-2028 (USD Million)
16. North America Swine Feed Market, By Form, 2018-2028 (USD Million)
17. North America Swine Feed Market, By Product, 2018-2028(USD Million)
18. North America Swine Feed Market, By Additives, 2018-2028 (USD Million)
19. U.S. Swine Feed Market, By Form, 2018-2028 (USD Million)
20. U.S. Swine Feed Market, By Product, 2018-2028(USD Million)
21.U.S. Swine Feed Market, By Additives, 2018-2028 (USD Million)
22. Canada Swine Feed Market, By Form, 2018-2028 (USD Million)
23.Canada Swine Feed Market, By Product, 2018-2028(USD Million)
24.Canada Swine Feed Market, By Additives, 2018-2028 (USD Million)
25. Mexico Swine Feed Market, By Form, 2018-2028 (USD Million)
26. Mexico Swine Feed Market, By Product, 2018-2028(USD Million)
27. Mexico Swine Feed Market, By Additives, 2018-2028 (USD Million)
28. Europe Swine Feed Market, By Form, 2018-2028 (USD Million)
29.Europe Swine Feed Market, By Product, 2018-2028(USD Million)
30.Europe Swine Feed Market, By Additives, 2018-2028 (USD Million)
31. U.K. Swine Feed Market, By Form, 2018-2028 (USD Million)
32. U.K, Swine Feed Market, By Product, 2018-2028(USD Million)
33. U.K. Swine Feed Market, By Additives, 2018-2028 (USD Million)
34. Germany Swine Feed Market, By Form, 2018-2028 (USD Million)
35. Germany Swine Feed Market, By Product, 2018-2028(USD Million)
36.Germany Swine Feed Market, By Additives, 2018-2028 (USD Million)
37.Italy Swine Feed Market, By Form, 2018-2028 (USD Million)
38.Italy Swine Feed Market, By Product, 2018-2028(USD Million)
39. Italy Swine Feed Market, By Additives, 2018-2028 (USD Million)
40. France Swine Feed Market, By Form, 2018-2028 (USD Million)
41. France Swine Feed Market, By Product, 2018-2028(USD Million)
42.France Swine Feed Market, By Additives, 2018-2028 (USD Million)
43. Russia Swine Feed Market, By Form, 2018-2028 (USD Million)
44. Russia Swine Feed Market, By Product, 2018-2028(USD Million)
45.Russia Swine Feed Market, By Additives, 2018-2028 (USD Million)
46. Spain Swine Feed Market, By Form, 2018-2028 (USD Million)
47.Spain Swine Feed Market, By Product, 2018-2028(USD Million)
48.Spain Swine Feed Market, By Additives, 2018-2028 (USD Million)
49.Asia-Pacific Swine Feed Market, By Form, 2018-2028 (USD Million)
50.Asia-Pacific Swine Feed Market, By Product, 2018-2028(USD Million)
51.Asia-Pacific Swine Feed Market, By Additives, 2018-2028 (USD Million)
52.India Swine Feed Market, By Form, 2018-2028 (USD Million)
53.India Swine Feed Market, By Product, 2018-2028(USD Million)
54.India Swine Feed Market, By Additives, 2018-2028 (USD Million)
55.China Swine Feed Market, By Form, 2018-2028 (USD Million)
56.China Swine Feed Market, By Product, 2018-2028(USD Million)
57.China Swine Feed Market, By Additives, 2018-2028 (USD Million)
58.Australia Swine Feed Market, By Form, 2018-2028 (USD Million)
59.Australia Swine Feed Market, By Product, 2018-2028(USD Million)
60.Australia Swine Feed Market, By Additives, 2018-2028 (USD Million)
61.South Korea Swine Feed Market, By Form, 2018-2028 (USD Million)
62.South Korea Swine Feed Market, By Product, 2018-2028(USD Million)
63.South Korea Swine Feed Market, By Additives, 2018-2028 (USD Million)
66.Latin America Swine Feed Market, By Form, 2018-2028 (USD Million)
67. Latin America Swine Feed Market, By Product, 2018-2028(USD Million)
68.Latin America Swine Feed Market, By Additives, 2018-2028 (USD Million)
69. Brazil Swine Feed Market, By Form, 2018-2028 (USD Million)
70. Brazil Swine Feed Market, By Product, 2018-2028(USD Million)
71. Brazil Swine Feed Market, By Additives, 2018-2028 (USD Million)
72.ArgentinaSwine Feed Market, By Form, 2018-2028 (USD Million)
73. ArgentinaSwine Feed Market, By Product, 2018-2028(USD Million)
74. ArgentinaSwine Feed Market, By Additives, 2018-2028 (USD Million)
75.Middle East & Africa Swine Feed Market, By Form, 2018-2028 (USD Million)
76.Middle East & Africa Swine Feed Market, By Product, 2018-2028(USD Million)
77.Middle East & Africa Swine Feed Market, By Additives, 2018-2028 (USD Million)
78. Saudi ArabiaSwine Feed Market, By Form, 2018-2028 (USD Million)
79.Saudi ArabiaSwine Feed Market, By Product, 2018-2028(USD Million)
80.Saudi ArabiaSwine Feed Market, By Additives, 2018-2028 (USD Million)
81.UAE Swine Feed Market, By Form, 2018-2028 (USD Million)
82.UAE Swine Feed Market, By Product, 2018-2028(USD Million)
83.UAE Swine Feed Market, By Additives, 2018-2028 (USD Million)
84.South Africa Swine Feed Market, By Form, 2018-2028 (USD Million)
85.South Africa Swine Feed Market, By Product, 2018-2028(USD Million)
86.South Africa Swine Feed Market, By Additives, 2018-2028 (USD Million)
List of Figures
1. Global Swine Feed Market Segmentation
2. Global Swine Feed Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Swine Feed Market Attractiveness Analysis By Form
9. Global Swine Feed Market Attractiveness Analysis By Product
10. Global Swine Feed Market Attractiveness Analysis By Additives
11. Global Swine Feed Market Attractiveness Analysis By Region
12.Global Swine Feed Market: Dynamics
13. Global Swine Feed Market Share By Form(2021 & 2028)
14. Global Swine Feed Market Share By Product Type (2021 & 2028)
15. Global Swine Feed Market Share By Additives (2021 & 2028)
16. Global Swine Feed Market Share By Region (2021 & 2028)
17. Global Swine Feed Market Share By Company (2020)
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