Swine Feed market is projected to grow at a CAGR of 5.27% to reach US$152.451 billion by 2023, from US$105.154 billion in 2017. Growing global demand for pork has led to a significant boost in swine production worldwide. This, in turn, is fueling 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. Geographically, APAC is the major market for swine feed on account of 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.
This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases, and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Swine Feed value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and more efficient understanding of the Swine Feed market.
Major industry players profiled as part of the report are Cargill, Incorporated, Alltech, BASF SE, and Royal DSM among others.
The Swine Feed market has been analyzed through the following segments:
By Feed Additives
By Feed Type
Middle East and Africa
Frequently Asked Questions (FAQs)
Q1. What will be the swine feed market size by 2023?
A1. The global swine feed market is projected to reach a market size of US$152.451 billion in 2023.
Q2. What is the size of global swine feed market?
A2. Swine Feed market was valued at US$105.154 billion in 2017.
Q3. What are the growth prospects for swine feed market?
A3. The swine feed market is projected to grow at a CAGR of 5.27% over the forecast period.
Q4. Which region holds the largest market share in the swine feed market?
A4. Geographically, APAC is the major share in the swine feed market on account of high pork production in the region.
Q5. Who are the major players in the swine feed market?
A5. Major industry players profiled as part of the swine feed market report are Cargill, Incorporated, Alltech, BASF SE, and Royal DSM among others.
Chr. Hansen Holding A/S
Kent Nutrition Group , Inc.
ADM Animal Nutrition
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