Swine Feed Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Feed Additives (Antibiotics, Anthelmintics, Acidifiers, Others), By Feed Type (Starter Feed, Grower-to-Finisher Feed, Gestation Feed, Lactation Feed), And By Geography - Forecasts From 2022 To 2027

Published:  Nov 2022 Report Code: KSI061611675 Pages: 129

The swine feed market is projected to grow at a CAGR of 4.97% to reach US$114.461 billion by 2027, from US$81.517 billion in 2020. 

Growing global demand for pork has led to a significant boost in swine production worldwide. This, in turn, is fuelling the demand for healthy and functional swine feed across the global swine husbandry sector. Rising awareness regarding the nutrition of pork among consumers is further compelling pig farmers to use high-quality swine feed in order to provide proper nutrition to pigs. By geography, the APAC region is the key market for swine feed due to the high pork production in the region. According to the Food and Agricultural Organization (FAO), China accounts for 50% of global swine production, followed by the EU and U.S.

Increasing demand for high-value animal protein

There has been increasing pressure on the livestock industry to meet the burgeoning demand for meat along with high-value animal protein. Population growth, increasing disposable incomes in developing nations, and rising urbanization have led to a surge in global livestock production, simultaneously driving the swine feed market. With growing awareness among the population about the importance of protein-rich diets, a rise in the consumption of animal protein sources is projected. This is thus expected to propel the growth of the market through the utilization of high-quality feed for swine, as pork is one of the most popular and broadly consumed meats worldwide, majorly in the European and Southeast Asian regions. Owing to a decline in the prices of meat and meat products, developing countries are engendering high-quantity meat consumption at much lower levels of the GDP than the industrialized countries 2-3 decades ago. Urbanization has also contributed majorly to this increased demand for pork. Compared to rural areas, cities have diets richer in animal proteins and fats. The income levels and consumption of animal protein are also correlated and thus, the increasing disposable income in developing economies like countries of Asia-Pacific has led to a surge in swine meat demand, thus providing promising growth to the swine feed market.

Asia-Pacific Region to hold dominant shares in the Market

Asia is the leading market for pork consumption and production, which holds good prospects for the swine feed market in the region. The Asia-Pacific region is also the largest market for swine feed products owing to the huge pork meat consumption. Further, South East Asia is also the world's largest producer and exporter of pork, followed by Europe and North America. Pork meat has been consumed in this region since ancient times and is the most preferred meat due to its taste and fat content. China is the key market for pork production, which is followed by Vietnam, Thailand, Japan, the Philippines, and South Korea. Japan, Taiwan, and South Korea are the saturated markets for pork consumption, while the Philippines and Vietnam are emerging markets in the region. China also holds the leading position in terms of compound feed consumption. Factors such as the growing consumption of pork, rising disposable income of the general population, and urbanization are leading to an increase in pork consumption in the country. As a result, the increased demand for pork meat and rising costs of raw materials for animal consumption are likely to drive the demand for swine feed. The demand is also generated due to the requirements of the processed meat industry, which is growing at a promising rate and requires high-quality pork meat. The adoption of intensive livestock farming processes is expected to help maintain a robust growth rate of swine feed in the region.?

Key Developments

  • In October 2021, Cargill entered into a partnership with BASF in the animal nutrition business, adding R&D capabilities and new markets to the existing feed enzymes distribution agreements of the partners. This partnership helped to develop, produce, as well as market, and sell customer-centric enzyme products and solutions for various animals, including swine.
  • In July 2021, De Heus acquired the feed manufacturing company Coppens Diervoeding, which is a Netherland-based company specializing in pig farming. This acquisition aided the company in increasing its production capacity by 400k and also, strengthening its regional presence.
  • In November 2019, ADM established a new livestock feed plant in the Ha Nam province of Vietnam. The novel facility joined a growing list of investments by ADM in Vietnam, marking this as its fifth plant dedicated to animal nutrition in the country. The plant primarily produces feed for swine, rabbits, and poultry.

COVID-19 Insights

During the outbreak of the COVID-19 situation, the importance of agriculture and food production was recognized as an essential sector. As a result, the farmers continued to ensure that farm animals received high-quality nutrition to feed the consumers increasingly. ?However, the disruption of the supply chain became the major factor negatively impacting the swine feed market. China, which is an important country for the production and export of swine feed, stockpiled substantial amounts of products during the COVID-19 pandemic sufficient for 2-3 months of supply as many companies had been shut down for the Lunar New Year. Additionally, the collection of containers and vessels was also affected along with the transportation of certain micro-ingredients owing to logistics issues.

Swine Feed Market Scope:


Report Metric Details
 Market Size Value in 2020  US$81.517 billion
 Market Size Value in 2027  US$114.461 billion
 Growth Rate  CAGR of 4.97% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments Covered  Feed Additives, Feed Type, And Geography
 Regions Covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies Covered Cargill, Incorporated, Alltech Inc., BASF SE, Royal DSM N.V., Chr. Hansen Holding A/S, Kent Nutrition Group , Inc., Novus International, ADM Animal Nutrition, Lallemand, Inc.
 Customization Scope  Free report customization with purchase



  • By Feed Additives
    • Antibiotics
    • Anthelmintics
    • Acidifiers
    • Others
  • By Feed Type
    • Starter Feed
    • Grower-to-Finisher Feed
    • Gestation Feed
    • Lactation Feed
  • By Geography
    • North America
      • United States
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Others
    • Middle East and Africa (MEA)
      • Saudi Arabia
      • UAE
      • Isreal
      • Others
    • Asia Pacific
      • Japan
      • China
      • India
      • Australia
      • South Korea
      • Indonesia
      • Thailand
      • Taiwan
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the swine feed market size by 2027?
A1. The swine feed market is projected to reach a market size of US$114.461 billion in 2027.

Q2. What is the size of the global swine feed market?
A2. Swine Feed Market was valued at US$81.517 billion in 2020.

Q3. What are the growth prospects for the swine feed market?
A3. The global swine feed market is projected to grow at a CAGR of 4.97% over the forecast period.

Q4. Which region holds the largest share of the swine feed market?
A4. Geographically, APAC is the major share of the swine feed market owing to the huge pork meat consumption.

Q5. What factors are anticipated to drive the swine feed market growth?
A5. Population growth, increasing disposable incomes in developing nations, and rising urbanization have led to a surge in global livestock production, simultaneously driving the swine feed market.


1.1. Market Overview

1.2. Covid-19 Scenario

1.3. Market Definition

1.4. Market Segmentation



2.1. Research Data

2.2. Assumptions



3.1. Research Highlights



4.1. Market Driver

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of End-Users

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis



5.1. Introduction

5.2. Antibiotics

5.3. Anthelmintics

5.4. Acidifiers

5.5. Others



6.1. Introduction

6.2. Starter Feed

6.3. Grower-to-Finisher Feed

6.4. Gestation Feed

6.5. Lactation Feed



7.1. Introduction

7.2. North America

7.2.1. United States

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. UK

7.4.2. Germany

7.4.3. France

7.4.4. Italy

7.4.5. Spain

7.4.6. Others

7.5. Middle East and Africa (MEA)

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Isreal

7.5.4. Others

7.6. Asia Pacific 

7.6.1. Japan

7.6.2. China

7.6.3. India

7.6.4. Australia

7.6.5. South Korea

7.6.6. Indonesia

7.6.7. Thailand 

7.6.8. Taiwan

7.6.9. Others



8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix



9.1. Cargill, Incorporated

9.2. Alltech Inc. 

9.3. BASF SE

9.4. Royal DSM N.V.

9.5. Chr. Hansen Holding A/S

9.6. Kent Nutrition Group , Inc.

9.7. Novus International

9.8. ADM Animal Nutrition

9.9. Lallemand, Inc.

Cargill, Incorporated

Alltech Inc.


Royal DSM N.V.

Chr. Hansen Holding A/S

Kent Nutrition Group , Inc.

Novus International

ADM Animal Nutrition

Lallemand, Inc.


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