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 : Dec 2022
  • Report Code : KSI061611675
  • Pages : 139

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

The livestock sector has been under growing pressure to supply the rising demand for meat and high-quality animal protein. Global livestock production has increased, pushing the swine feed market at the same time as rising urbanization, rising household incomes in developing countries, and population growth. Growth in the intake of animal proteins is anticipated as common knowledge of the advantages of diets high in protein increases. Pig meat is among the most widely consumed meats worldwide, especially in European and Southeast Asian countries; therefore, this is projected to drive the market's expansion through the use of high-quality swine feed. Due to a drop in the cost of meat and meat-related items, emerging nations now consume a lot more meat than developed nations did two to three decades ago, although at significantly lower GDP levels. A significant factor in this rising demand for pork is considered to be urbanization. According to the World Bank, the urban population in India grew by 2.1%. Such developments in emerging nations are expected to drive meat consumption further. Urban areas have diets that are higher in animal proteins and fats than rural places. Because there is a correlation between economic levels and the intake of animal protein, developing nations like those in the Asia-Pacific like India and China, which have seen their disposable income rise, have also seen increased demand for swine meat and offered the swine feed lucrative prospects for future expansion.

Asia-Pacific Region to hold dominant shares in the Market

Asia is among the world's largest producers and consumers of pork, which projects well for the region's swine feed business. Due to the enormous demand for pig meat, the Asia-Pacific market also has one of the greatest markets for swine feed ingredients. Southeast Asia also produces and exports a vast amount of pig meat. Since the beginning of time, people have eaten pork in this area because of its flavour and high-fat content. The main markets for the sale of swine meat are China, Vietnam, Thailand, Japan, the Philippines, and South Korea. The region's major markets for swine consumption are Japan, China, and South Korea, while the Philippines and Vietnam are growing markets. For instance, according to Faostat, the annual per capita average pork meat consumption in the Chinese region was 35.3kg in 2020. Due to this, the consumption of swine feed in China is expected to be at the forefront. Pig consumption is expanding in the nation as a result of a number of factors, including greater disposable income among the people and urbanization. As a response, the demand for swine feed is predicted to rise along with the demand for pig meat and the cost of raw materials for animal use. According to statistics by the Chinese government, the average per capita disposable income in China showed an increase of 9.1% in 2021 as compared to 2020. Further, it is anticipated that the use of intensive livestock farming practices will contribute to preserving the region's strong growth rate for swine feed.

Key Developments

  • In October 2021, Cargill and BASF partnered in the animal nutrition division, enhancing their longstanding feed enzymes distribution deals with R&D capabilities and emerging markets. Through this collaboration, customer-focused enzyme solutions and goods for a variety of species, including swine, were developed, produced, and sold.
  • In July 2021, De Heus purchased the pig farming-focused feed manufacturer Coppens Diervoeding, situated in the Netherlands. The company was able to improve its presence in the country and increase production capability by 400k owing to this acquisition.
  • In the Vietnamese province of Ha Nam, ADM opened a brand-new livestock feed facility in November 2019. The innovative facility became the fifth plant for animal feeds that ADM had in Vietnam, adding to a growing number of investments by ADM in the country. The facility mainly creates feeds for pigs, rabbits, and birds.

COVID-19 Insights

Agriculture and food production were seen as crucial industries at the time of the COVID-19 pandemic. The main issue harming the market for swine feed was the supply chain breakdown. Due to logistical problems, the collection of containers and vessels as well as the shipping of several micro-ingredients were also impacted. However, given that many businesses were closed for the Lunar New Year, China, a significant producer and exporter of swine feed, accumulated enough supplies of the items during the COVID-19 pandemic to last for two to three months. Due to logistical problems, the collection of containers and vessels as well as the shipping of several micro-ingredients were also impacted.

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)

The swine feed market is projected to reach a market size of US$114.461 billion in 2027.
Swine Feed Market was valued at US$81.517 billion in 2020.
The global swine feed market is projected to grow at a CAGR of 4.97% over the forecast period.
Geographically, APAC is the major share of the swine feed market owing to the huge pork meat consumption.
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.