Report Description
The swine feed market size was valued at 100.2 billion in 2019 and is expected to expand at a significant CAGR during the forecast period 2021–2028. Growth of the market is attributed to growing awareness about animal health, changing food habits, and introduction of new animal rearing practices.
Swine feed is made with wheat-based ingredients, natural corn, and soybean. It also contains minerals, amino acids, essential fatty acids, and vitamins to fulfill the nutrient requirements of swine. It provides nutrition to pigs in the process of rearing them.
The covid-19 pandemic affected the demand and supply of the swine feed market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
- Increase in consumption of pork is projected to boost the market.
- Rising demand for chemical residues free meat is the major factor fueling the market.
- High cost of swine feed products is projected to restrict the market expansion during the forecast period.
- Government put ban on use of certain antibiotics is anticipated to hamper the market growth in the coming years.
- R&D investment and technological advancement in swine feed market is projected to offer lucrative opportunities for the market players.
Scope of the Report
The report on the swine feed market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
|
Details
|
Report Title
|
Swine Feed Market–Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
Base Year
|
2020
|
Historic Data
|
2018-2019
|
Forecast Period
|
2021-2028
|
Segmentation
|
Ingredients [Oil Seed Meal, Oils, Molasses, Cereal By Products, Supplements, Cereals, and Others], Supplements [Vitamins, Antibiotics, Antioxidants, Enzymes, Acidifiers, and Amino Acids], End-users [Integrators, Farmers, Home-mixers, and Compound Feed Manufacturers]
|
Regional Scope
|
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
|
Key Players covered in the Report
|
De Heus B.V., Nutreco N.V., Forfarmers B.V., Archer Daniels Midland Company, Land O’ Lakes Inc., Charoen Pokphand Foods, Cargill, Inc., Alltech, Inc., New Hope Group Co., Ltd., Agribusiness Holding Miratorg, and J.D. Heiskell & Co.
|
Market Segment Insights
The amino acids segment is expected to grow at a rapid pace
Based on supplements, the swine feed market is segregated into vitamins, antibiotics, antioxidants, enzymes, acidifiers, and amino acids. The amino acids segment accounts for a key share of the market. Growth of the market is attributed to rising awareness about side effect of feed additives on swine health and increasing per capita income of customers. However, the vitamins segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rapid development in feed additives and compound feed sector and maintenance of high farming standards.
The cereals segment accounts for a key share of the market
On the basis of ingredients, the swine feed market is segmented into oil seed meal, oils, molasses, cereal by products, supplements, cereals, and others. The cereals segment accounts for a key share of the market. Growth of the market is attributed to increasing supply of quality products and increased demand for high-value animal protein. The molasses segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increased industrial livestock production and rising demand for vitamins.
The compound feed manufacturers accounts for a significant share of the market
Based on end-users, the swine feed market is divided into integrators, farmers, home-mixers, and compound feed manufacturers. The compound feed manufactures segment accounts for a key share of the market. Growth of the market attributed to rising government initiatives in production of domestic meat and increasing pig population. The livestock segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing concern regarding feed safety and rising number of organizations in swine feed industry.
The market in Asia Pacific is estimated to hold a key market share
On the basis of region, the swine feed market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America is anticipated to expand at a high CAGR during the forecast period due to rapid economic growth in region and rising awareness about the quality of meat consumed. The market of Asia Pacific is estimated to hold key market share due to increasing population, technological advancement in feed practices, and rising volume of pork production.
Segments
Segments Covered in the Report
The swine feed market has been segmented on the basis of
Ingredients
- Oil Seed Meal
- Oils
- Molasses
- Cereal By Products
- Supplements
- Cereals
- Others
Supplements
- Vitamins
- Antibiotics
- Antioxidants
- Enzymes
- Acidifiers
- Amino Acids
End-users
- Integrators
- Farmers
- Home-mixers
- Compound Feed Manufacturers
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- De Heus B.V.
- Nutreco N.V.
- Forfarmers B.V.
- Archer Daniels Midland Company
- Land O’ Lakes Inc.
- Charoen Pokphand Foods
- Cargill, Inc.
- Alltech, Inc.
- New Hope Group Co., Ltd.
- Agribusiness Holding Miratorg
- J.D. Heiskell & Co.
Competitive Landscape
Key players competing in the swine feed market De Heus B.V., Nutreco N.V., Forfarmers B.V., Archer Daniels Midland Company, Land O’ Lakes Inc., Charoen Pokphand Foods, Cargill, Inc., Alltech, Inc., New Hope Group Co., Ltd., Agribusiness Holding Miratorg, and J.D. Heiskell & Co.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and rise their production line of the business in the coming years.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Swine Feed Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Swine Feed Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Swine Feed Market - Supply Chain
4.5. Global Swine Feed Market Forecast
4.5.1. Swine Feed Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Swine Feed Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Swine Feed Market Absolute $ Opportunity
5. Global Swine Feed Market Analysis and Forecast by End Users
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by End Users
5.2.2. Y-o-Y Growth Projections by End Users
5.3. Swine Feed Market Size and Volume Forecast by End Users
5.3.1. Swine Feed MarkIntegrators
5.3.2.
Farmers
5.3.3.
Home-mixers
5.3.4.
Compound Feed Manufacturers
5.4. Absolute $ Opportunity Assessment by End Users
5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global Swine Feed Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Swine Feed Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Swine Feed Demand Share Forecast, 2019-2026
7. North America Swine Feed Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Swine Feed Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Swine Feed Market Size and Volume Forecast by End Users
7.4.1. Swine Feed MarkIntegrators
7.4.2.
Farmers
7.4.3.
Home-mixers
7.4.4.
Compound Feed Manufacturers
7.5. Basis Point Share (BPS) Analysis by End Users
7.6. Y-o-Y Growth Projections by End Users
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Swine Feed Demand Share Forecast, 2019-2026
8. Latin America Swine Feed Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Swine Feed Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Swine Feed Market Size and Volume Forecast by End Users
8.4.1. Swine Feed MarkIntegrators
8.4.2.
Farmers
8.4.3.
Home-mixers
8.4.4.
Compound Feed Manufacturers
8.5. Basis Point Share (BPS) Analysis by End Users
8.6. Y-o-Y Growth Projections by End Users
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Swine Feed Demand Share Forecast, 2019-2026
9. Europe Swine Feed Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Swine Feed Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Swine Feed Market Size and Volume Forecast by End Users
9.4.1. Swine Feed MarkIntegrators
9.4.2.
Farmers
9.4.3.
Home-mixers
9.4.4.
Compound Feed Manufacturers
9.5. Basis Point Share (BPS) Analysis by End Users
9.6. Y-o-Y Growth Projections by End Users
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Swine Feed Demand Share Forecast, 2019-2026
10. Asia Pacific Swine Feed Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Swine Feed Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Swine Feed Market Size and Volume Forecast by End Users
10.4.1. Swine Feed MarkIntegrators
10.4.2.
Farmers
10.4.3.
Home-mixers
10.4.4.
Compound Feed Manufacturers
10.5. Basis Point Share (BPS) Analysis by End Users
10.6. Y-o-Y Growth Projections by End Users
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Swine Feed Demand Share Forecast, 2019-2026
11. Middle East & Africa Swine Feed Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Swine Feed Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Swine Feed Market Size and Volume Forecast by End Users
11.4.1. Swine Feed MarkIntegrators
11.4.2.
Farmers
11.4.3.
Home-mixers
11.4.4.
Compound Feed Manufacturers
11.5. Basis Point Share (BPS) Analysis by End Users
11.6. Y-o-Y Growth Projections by End Users
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Swine Feed Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Swine Feed Market: Market Share Analysis
12.2. Swine Feed Distributors and Customers
12.3. Swine Feed Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. De Heus B.V.
12.4.2.
Nutreco N.V.
12.4.3.
Forfarmers B.V.
12.4.4.
Archer Daniels Midland Company
12.4.5.
Land O’ Lakes Inc.
12.4.6.
Charoen Pokphand Foods
12.4.7.
Cargill, Inc.
12.4.8.
Alltech, Inc.
12.4.9.
New Hope Group Co., Ltd.
12.4.10.
Agribusiness Holding Miratorg