Swine Feed Market Industry Size, Growth, Manufacturers, Segments & Forecast Report To 2030

The market for swine feed is anticipated to record a CAGR of ~5% over the forecast period 2022-2030. The major key factors driving the growth of the market are increasing number of animal husbandry branches and growing trade on international level for slaughtered & live pigs coupled with the enhancements in animal nutrition products generating healthy demand for food additives. The swine feed delivers proper nutrients to the pigs and is rich in fiber content & vitamins. Further, rising usage of swine feed products among pig farmers as a result of increasing awareness regarding health among consumers is estimated to propel the market growth.

Additionally, the swine feed keeps pigs safe from enzootic diseases and disorders, which in turn, avoids the outspread of the disease in the environment. The growing usage of better quality swine feed will boost the growth of the market. On the basis of form type, the market is segmented into pellets, mash and crumbles. The pellets segment is estimated to hold the largest market share throughout the forecast period owing to the emergence of pellet products among farmers and growing advancements in the efficiency of swine feed. Moreover, pellet products offers convenient feeding applications and magnificent palatability along with the excellent performance.

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Research Nester published a report titled “Swine Feed Market – Global Demand Analysis and Opportunity Outlook 2030” which delivers detailed overview of the global swine feed market in terms of market segmentation by product type, ingredient type, form type, additives type, supplements type, end users, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

Based on the regional analysis, the market for swine feed is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The Asia Pacific is anticipated to witness largest market share owing to the emergence of largest market for swine feed products and presence of huge customer base. Further, the presence of leading economies such as China accounts for the major production of pork meat and positively influences the market growth.

Moreover, increasing consumption of meat in the region is propelling the demand for the product. The market in North America is anticipated to account for fastest growth rate on the back of strict government regulations related to the frequent tests & standard parameters in order to increase the protein content for pigs. In addition, the rising advancements in the technology for goof quality swine feed will accelerate the market growth.

Increase in Demand for Pork Meat

The presence of huge middle class population around the globe and changing lifestyle of consumers coupled with the fascinating texture & fat content in pork meat is estimated to drive the market growth. Further, the increasing production of pork meat in emerging nations along with shift from regular swine feed to functional variants among meat producers in order to avoid the risk of metabolic disorders is anticipated to propel the demand for the product. The diet of pigs is rich in antioxidants, emulsifiers and antimicrobials, which in turn, is resulting into increased exports of pork meat. The healthy earning among farmers on the back of increasing usage of better quality feed and inflating pork meat prices to improve the health of pigs is estimated to fuel the growth of the market during the forecast period.   

However, the volatile raw material prices for fodder production along with the environmental pollution owing to the excretion of waste is expected to operate as key restraint into the growth of swine feed market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global swine feed market which includes company profiling of Cargill, Incorporated, Nutreco, N.V., ADM Animal Nutrition, Novus International, Lallemand Inc., DSM, Charoen Pokphand Foods PCL, Chr. Hansen Holding A/S, BASF SE, Alltech Inc., and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global swine feed market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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