Global Swine Feed Market Growth 2023-2029

Global Swine Feed Market Growth 2023-2029

Feed additives play a vital role in improving the nutrition provided to animals – they primarily enhance the feed and food quality. Swine feed, in particular, delivers nutrition to swine in the course of rearing them. Feed extracts are an important source of nutrition given that they make the feed more digestible. Among the key feed essences that are contained in the diet of pigs are: enzymes, emulsifiers, antimicrobials, and antioxidants.

LPI (LP Information)' newest research report, the “Swine Feed Industry Forecast” looks at past sales and reviews total world Swine Feed sales in 2022, providing a comprehensive analysis by region and market sector of projected Swine Feed sales for 2023 through 2029. With Swine Feed sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Swine Feed industry.

This Insight Report provides a comprehensive analysis of the global Swine Feed landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Swine Feed portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Swine Feed market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Swine Feed and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Swine Feed.

The global Swine Feed market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Increasing pork production is expected to remain a major factor driving the global swine feed market over the forecast period. Swine feed accounts for 70%-80% of the total pork production cost and is going to further enhance the opportunities for market players. Feed additives are important in animal nutrition as they increase digestibility and palatability of the feed. Commonly used feed additives in pork diet are antimicrobials, emulsifiers, antioxidants and enzymes. Growing importance for quality pork meat is expected to drive swine feed demand. Swine feed is a determining factor in profitability of pork production. Increased pork production will help uplift the pork industry. Rising pork trade and food safety demand is further expected to augment the market. Pork is a prominent choice of meat worldwide and is expected to benefit the swine feed market significantly. Increasing swine feed prices has been a concern as it reduces the profitability of the pork producers. The above stated factor is expected to challenge the swine feed market.

This report presents a comprehensive overview, market shares, and growth opportunities of Swine Feed market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Feed Enzymes
Feed Acidifiers
Others

Segmentation by application
Hoggery
Home

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
Archer Daniels Midland Company
Lallemand
Royal DSM

Key Questions Addressed in this Report

What is the 10-year outlook for the global Swine Feed market?

What factors are driving Swine Feed market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Swine Feed market opportunities vary by end market size?

How does Swine Feed break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.