Increasing consumption
and production of pork on a global platform is a major driving factor for the
swine feed market. Rising food safety and pork trade is augmenting the market
demand and growth. Owing to these factors, the demand for pigs bolstered
globally and the IndustryARC’s analysts evaluated the global swine feed market
size was $130.2 billion in 2018. And, the demand is poised to stimulate at
a CAGR of 6.21% during the forecast period 2019-2025.
The IndustryARC’s latest
business intelligence report titled “Swine Feed Market: By Feed Type (Starter,
Sows, Grow/Finish, Breeder); By Additive (Antibiotics, Chemobiotics
/Chemotherapeutics, Anthelmintic /Dewormers, Copper Compounds and Probiotics)
& Geography-Forecast (2019-2025),” incorporates that pelleting
is the most cost-effective technology that decreases diet segregation, improves
feed efficiency, reduces dustiness, and improves feed handling. Feed additives
are very important in digestion, animal nutrition, and it increases the
palatability of the feed. Additionally, the growing concerns regarding the
quality of pork is expected to drive the swine feed market. However, in order
to maintain the pigs’ gut, it is substantial that the pig absorbs and digests efficient
dietary food.
Global Swine Feed
Market: Leading
Segments
Geographically, APAC was
leading the market with the largest regional share of 32% in 2018. China is a major
contributor in terms of consumption followed by Philippines, Thailand, and
Vietnam as compared to other countries. In the global swine feed market, it is
also expected that the Asian region is going to a hub for the companies. Due to
these factors, APAC has a positive impact on the market along with it the
demand for the swine feed market will also increase tremendously. Furthermore,
with the rise of income in the developing regions such as China and South East
Asia, the demand for pork is increasing drastically.
On the contrary, the key
application cited by the IndustryARC’s analysts is probiotics: by additive
type. There are live probiotics: microorganisms that are mixed with the swine’s
feed to make it more healthy and nutritious. The probiotic additive type is the
fastest growing application in the swine feed market. Moreover, the anticipated
application demand is poised to grow at a growing CAGR of 6.71% through to
2025.
Global Swine Feed
Market: Market Trends and Growth Drivers
· Organic Pig
Feeds
An ongoing trend in the
market is the organic swine feed for the pigs. The quality of the pork is
determined with how health is the pig’s gut. The pigs’ farmers prefer organic
swine meat over any other nutritious feed. This has increased the demand for
pigs in the global market.
· Government
Standards for Feed Additives
The government of
various countries have set certain provisions that are to be followed by the
pig farmers, in order to maintain high quality and free from rancidity. They
have also prohibited few ingredients that are not to be used such as urea and
other non-protein nitrogenous substances.
· Emerging
Demand for Pigs in Europe and U.S
Regions like Europe and
the U.S. are the emerging market for pigs. Owing to this trend, it is
considered that the countries having relatively high population of pigs will
have more demand for swine feed. Hence, the swine feed market has a huge market
in the abovementioned regions.
· Increasing
Demand for Quality Pork and Price
The increasing demand
for the pork that are healthy is more in the market. After the African Swine
Fever (ASF) incident, people have become more particular in purchasing quality
pork. Due to this, the demand for healthy and quality pork has increased and
the price on the other hand has also decreased in the market. Thus, the pig
farmers are purchasing quality swine feed.
Global Swine Feed
Market: Competitive Landscape
Some of the key
companies identified in the report that are currently holding majority shares
in the global swine feed market are Alltech Inc., Archer Daniels Midland
Company, Charoen Pokphand Foods PCL, Cargill Inc., Koninklijke DSM N.V.,
Nutreco N.V., Lallemand Inc, Novus International Inc, BASF SE, Biomin Holding
GmBH, Church & Dwight Co., Inc.
Talk to one of our sales
representative about the full report by providing your details in the link
below:
https://www.industryarc.com/support.php?id=15141
Related Reports
Probiotics in Animal
Feed Market
https://www.industryarc.com/Report/15130/probiotics-in-animal-feed-market.html
Animal Feed Testing
Market
https://www.industryarc.com/Report/37/global-animal-feed-testing-market.html
Cattle Feed and Feed
Additives Market
https://www.industryarc.com/Research/Cattle-Feed-Feed-Additives-Market-Research-505075
What
can you expect from the report?
The Swine Feed
market is prepared with the main agenda to cover the
following 20 points:
1. Market Size by
Product Categories & Application 11.
Demand Analysis (Revenue & Volume)
2. Market trends &
Relevant Market
Data
12. Country level
Analysis
3. Manufacturer
Landscape
13. Competitor
Analysis
4. Distributor Landscape
14. Market
Shares Analysis
5. Pricing Analysis
15. Value
Chain Analysis
6. Top 10 End user
Analysis
16. Supply
Chain Analysis
7. Product Benchmarking
17. Strategic
Analysis
8. Product Developments
18. Current
& Future Market Landscape
Analysis
9. Mergers &
Acquisition Analysis
19.
Opportunity Analysis
10. Patent Analysis
20.
Revenue and Volume Analysis
Frequently
Asked Questions:
Q. Does IndustryARC publish country or
application based reports in swine feed market segment?
Answer: Yes, we do have
separate reports as mentioned below:
1. North America Swine Feed Market Research Report
(2018-2025)
Q. Does IndustryARC
provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by extracting
data from our database of reports and annual subscription databases. We can
provide the following free customization:
1. Increase the level of
data in application or end user industry.
2. Increase the number
of countries in geography chapter.
3. Find out market
shares for other smaller companies or companies which are of interest to you.
4. Company profiles can
be requested based on your interest.
5. Patent analysis,
pricing, product analysis, product benchmarking, value and supply chain
analysis can be requested for a country or end use segment.
Any other custom
requirements can be discussed with our team, drop an e-mail to [email protected] to discuss more about our consulting
services.
To request for a quote, provide your details in the below link:
https://www.industryarc.com/reports/request-quote?id=15141
Media Contact:
Mr. Venkat Reddy
Sales
Manager
Email 1:
[email protected]
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Contact Sales:
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About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life sciences and Healthcare.