Swine Feed Market By Type (Starter, Grower, and Sow), By Additive (Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, and Feed Acidifiers), and By Region - Market Trends, Analysis, and Forecast till 2034

Swine Feed Market size is estimated at USD 112.14 Billion in 2024, and is expected to reach USD 166.79 Billion by 2034, growing at a CAGR of 4.5% during the forecast period

Pork is the cookery name for the red meat of the domestic pig. It is considered as one of the most widespread types of red meat consumed globally. Similar to all kinds of meat, pork is consumed both, preserved and freshly cooked. For instance: preserved pork or pig meat are called as smoked pork, ham, gammon, sausage and bacon. Pork is very well-liked meat in the Western world. It is also very popular in Chinese cuisine. Several classes of swine feed have scrupulous nutrient needs. In general, feed for young pigs needs greater nutritional levels of most nutrients for instance: protein (lysine) as compared to older pigs. As such, there are a variety of diets in the market or ones that can be mixed and found in the farms, which are apt to each class of pig. These food types generally include grower’s starters, sow, and others. Feed additives are composites added to supplements, premixes, and whole feeds. They’re non-nutritive items utilized in swine food to reinforce the general health of pigs and improve the standard of meat. Swine feed additives help to reinforce the productivity of pork meat production. Common feed additives which are utilized in pork diets contain emulsifiers, antimicrobials, pH control agents, antioxidants, binders, and enzymes. 

Impact of Covid-19 pandemic on market

With the outbreak of the COVID-19, various businesses are at the forefront to combat this pandemic. The pandemic has hindered the industrial supply chain and also disrupted the product segment. Government across the countries has imposed strict lockdown to limit the spread of disease. Restrictions on manufacturing activities because of the arrival of the COVID-19 pandemic shall cause a slump within the supply of feed, also as its additives. The present stagnation in supply is, in turn, detrimental against the backdrop of ever-increasing demand for essential food products like dairy and meat. This report will quantify the impact of pandemic on swine feed market.

Increasing consumption of pork in developing economies, like China, India, and Brazil, is predicted to fuel the demand for the merchandise globally. North America is one among the main pork exporting regions and is predicted to drive the demand for the merchandise over the forecast period. According to FAO (Food and Agricultural Organization), 50% of the worldwide pig population is concentrated in China followed by the EU and U.S. Such trends show that these regions will remain the very best compound feed consumers for pork production. Pacific countries like Japan, Australia, Mexico, New Zealand, and North Korea are the main pork importers, whereas China, the U.S., Canada, the European countries, and Brazil are the main pork exporters.

Growing demand for quality pork

Pork is the most popular and widely consumed meat source worldwide, majorly in Europe and Southeast Asia. Pork is cheaper than other meat sources which may be a major factor for its high consumption. Additionally, its palatability, fat content and texture fascinate the buyer. An outsized middle-class population, growing income and changing consumer preference are levitating the pork demand. Pork production and consumption are very high within the developed regions, like North America and Europe and in developing countries like China and Japan.

The global swine feed market is segmented based on type, additive, and region.

On the basis of type, the global swine feed market is segmented into starter, grower, and sow. Based on additive, the global swine feed market is segmented into antibiotics, vitamins, antioxidants, amino acids, feed enzymes, and feed acidifiers.

 Regional Insights:

On region the global swine feed market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia is the leading marketplace for pork consumption and production which accounts for about half the planet production. Due to the large consumption of pork meat, the Asia-Pacific region is the largest marketplace for swine feed products. South-East Asia is the largest producer and exporter of pork within the world, followed by Europe and North America. Pork meat is consumed within the region from the past and is that the most preferred meat due to its fat content and taste. China is the major marketplace for pork production, followed by Vietnam, Thailand, South Korea, Japan and therefore the Philippines. Japan, South Korea and Taiwan are the saturated markets for pork consumption, while Vietnam and therefore the Philippines are the emerging markets.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the global swine feed market report based on type, additive and region.

Global Swine Feed Market, By Type:

• Starter
• Grower
• Sow

Global Swine Feed Market, By Additive:

• Antibiotics
• Vitamins
• Antioxidants
• Amino Acids
• Feed Enzymes
• Feed Acidifiers

Global Swine Feed Market, By Region:

• North America
  • Middle East & Africa
    • • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa
  • Latin America
    • • Brazil
      • Mexico
      • Rest of Latin America
  • Asia Pacific
    • • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Europe
    • • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • • U.S.
    • Canada

The key players operating in the global swine feed market includes CHR. Hansen Holdings A/S, Lallemand Inc, Novus International Inc., Royal DSM N.V., BASF, Alltech Inc., ADM (Archer Daniels Midland Company), Charoen Popkhand Foods, ABF Plc (Associated British Food), and Cargill Inc. The market is especially characterized by collaborations and partnerships between the businesses and acquisitions of smaller players as a part of strategic expansion as well as launching their new product specimen. For instance, in June 2019, Cargill has acquired Brazil-based swine feed manufacturer Beckers Indústria de Nutrição Animal Ltda. in an effort to expand its offerings across the swine nutrition sector in Brazil.

• CHR. Hansen Holdings A/S
• Lallemand Inc
• Novus International Inc.
• Royal DSM N.V.
• BASF
• Alltech Inc.
• ADM (Archer Daniels Midland Company)
• Charoen Popkhand Foods
• ABF Plc (Associated British Food)
• Cargill Inc.