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Swine Feed Market Analysis, Size, Share, Industrial Report, 2025

Author: Avinash Kumar
by Avinash Kumar
Posted: Feb 15, 2020

The global swine feed market size is expected to reach USD 135.7 billion by 2025, accelerating at a CAGR of 3.5% over the forecast period, according to a new report by Grand View Research, Inc. Focus on improving the overall quality of pork has been a critical factor, which is triggering the demand for the product.

Increasing awareness among consumers concerning the quality of pork is compelling swine farmers to utilize additives that keep swine healthy as well as immune to diseases and disorders. Also, the use of enhanced additives is expected to reduce the occurrence of infections as well as illnesses in swine, thereby contributing to the increasing demand for the product worldwide.

Manufacturers in the market are constantly evaluating techniques to enhance growth performance as well as lower product costs. Physical forms, such as mash, crumbles, and pellets, play a crucial role in determining the quality and yield of pig meat. Rising urbanization and establishment of fast food restaurant chains are expected to augment the demand for pig meat.

The trend is becoming increasingly prevalent in the emerging economies of Asia Pacific including China, India, and Malaysia. Population growth is another key factor that is expected to drive meat consumption globally. These factors together are expected to augment the demand for animal proteins, which, in turn, is likely to propel the demand for the product and additives over the forecast period.

Newborn pigs growing at a faster rate are referred to as grower pigs. Grower pigs have high protein deposition capacity as well as better feed conversion rate.In the grower phase, intake is approximately in the range of 1.2 kg/day. The younger gilt is known as sow once it gives birth to a piglet.

Sow feed contains ingredients that help in supplying energy, protein, vitamin, mineral, and amino acid levels necessary for sows. Such a product helps fulfill the needs of sows and helps them remain healthy during lactation. Rising occurrences of diseases due to infected pork meat consumption have altered the product demand in South Africa. In addition, enhanced properties of additives are expected to lower the occurrence of animal epidemics, thereby fueling the demand for the product globally.

The U.S. and China emerged as the most prominent regions for the market in 2018. Market growth in these countries can be attributed to the abundant availability of raw materials along with increasing consumption of meat byproducts. Fluctuation in the prices of major raw materials, such as corn and soybean and swine feed additives, is projected to hamper the market growth over the forecast period.

Request Free Sample PDF of the research at: https://www.grandviewresearch.com/industry-analysis/swine-feed-market/request/rs1

More Detailed Study:

  • In terms of revenue, Asia Pacific emerged as the fastest-growing regional market across the globe in 2018

  • Amino acids segment emerged as the prominent additives segment, in terms of volume, in 2018 with a market share of 24.1%

  • Asian countries, especially India and China, are likely to witness remarkable growth rate over the forecast period owing to increasing meat consumption

  • The swine feed market is fragmented and competitive with the presence of major global players such as AFB International, Alltech, Evonik, DSM, Nutreco N.V., Archer Daniels Midland, and Cargill.

About the Author

I have 2+ years of writing experience. I have written lots of articles on Health-related topics.

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Author: Avinash Kumar

Avinash Kumar

Member since: Dec 22, 2019
Published articles: 29

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