Swine Feed Market Share, Comparison with Prior Data, SWOT Analysis, Top Companies, Competitor Landscape, Regional Outlook 2022-2026
The demand for food
additives to enhance the food quality of animal nutrition products is
witnessing an upsurge globally. As a result, the adoption of enhanced fodder has
increased in several animal husbandry branches, especially pig farming. Swine
feed production is expected to register a significant boost, owing to the
rise in the global consumption of pork.
In order to avoid
spread epizootic diseases caused due to improper nutrition, the global swine
husbandry sector is anticipated to increase the demand for healthy and
functional swine feed.
Additionally, the
increasing awareness about the health of a pig has resulted in consumers
compelling the pig farmers to use swine feed products that keep the pigs immune
from enzootic disorders. Also, the use of enhanced swine feed is expected to
lower the incidence rate of animal epidemics, thereby fuelling the demand in
the global swine feed market.
Global Swine Feed Market: Growth Drivers
The global market
for swine feed will continue to grow, owing to the global trend of maintaining
the optimum health of domesticated meat animals such as pigs. Providing better
swine feed for pig husbandry ensures the health of the consumer eating the pork
meat, creating an indirect impact of the health of the global pork-eating human
population. Besides this, the other key factors driving the growth of the
global swine feed market include,
- Growing demand for quality pork
Pork is one of the
most-consumed meat in the world, and its culinary experimentations have
resulted in the rise in demand for quality pork, which can be harvested
only through the feeding quality swine food to the pigs.
- Escalating pork prices
The growing
consumption of pork is inflating the prices of pork. This has benefitted the
pig farmers in earning more income, which has supplemented the adoption of
quality swine feed.
- Increasing instances of disease outbreak
The rising
incidences of disease outbreak due to consumption of infected pork meat has
influenced the demand for enhanced swine feed that optimises the health of
pigs.
Asia Pacific: A Leading Key Region for Swine Feed
The global market
for swine feed is geographically segmented into seven key regions of the world.
Among them, China will continue to have the highest concentration of pig
population. The demand for swine feed is anticipated to be relatively high in
Vietnam, Philippines and Thailand, among other Asia Pacific countries.
Europe and North
America are expected to continue being the leading regions in terms of pork
consumption. The US is expected to be one of the key regions favouring the
growth in the number of swine feed producers and manufacturers.
Competitive Landscape
To improve the feed
production, the swine feed manufacturers are expanding the business by
introducing key nutritional elements from corn and soybean into the swine meal.
The key companies identifies as the leading competitors of the global swine
feed market include, Chr Hansen, Royal DSM Holdings Limited, Lallemand Inc.,
BASF Limited, Novus International Inc., Kent foods, Archer Daniels Midland
Company, Cargill Inc., ABF Plc., and Alltech Inc., among others.
The Report covers exhaustive analysis on
- Swine Feed Market Segments
- Swine Feed Market Dynamics
- Historical Actual Market Size, 2013 –
2016 for Global Swine Feed Market
- Swine Feed Market Size & Forecast
2016 to 2026
- Supply & Demand Value Chain
- Swine Feed Market Current
Trends/Issues/Challenges
- Competition & Companies involved in
Global Swine Feed Market
- Technology
- Value Chain
- Global Swine Feed Market Drivers and
Restraints
Regional analysis for Global Swine Feed Market
includes
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a
compilation of first-hand information, qualitative and quantitative
assessment by industry analysts, inputs from industry experts and industry
participants across the value chain. The report provides in-depth analysis of
parent market trends, macro-economic indicators and governing factors along
with market attractiveness as per segments. The report also maps the
qualitative impact of various market factors on market segments and
geographies.
Global Swine Feed Market: Segmentation
Apart from the
geographical classification, the global swine feed market is further segmented
on the basis of fodder classifications, the types of feed additives and the
elemental essence of the swine feed.
Based on the fodder classifications, the market can be
segmented into,
- Sow feed
- Starter feed
- Pig grower feed
- Others
On the basis of the feed additive types, the market is
classified into,
- Zootechnical feed additives
- Sensory feed additives
- Nutritional feed additives
Furthermore, the market is also segmented on the basis of
the feed essence such as,
- Vitamins
- Antioxidants
- Feed acidifiers
- Antibiotics
- Feed enzymes
- Amino acids
- Others
Main Report Link: https://www.futuremarketinsights.com/reports/swine-feed-market
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