North American Swine Feed Market Analysis, Industry [2031]

Segments - North American Swine Feed Market by Types (Cereals, Oilseed Meals, Molasses, Oil, Cereal By-products, Supplements, and Others), Supplement Types (Enzymes, Antibiotics, Vitamins, Acidifiers, Anti-oxidants, Probiotics & Prebiotics, Amino Acids, and Others), Geography (Canada, Mexico, United States, the Rest of North America)- Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Vishal Golekar

Report Description

North American Swine Feed Market Outlook 2031:

The North American swine feed market size was valued at USD 18.68 Billion in 2022 and is projected to reach USD 25.86 Billion by 2031, expanding at a CAGR of 3.68% during the forecast period 2023 - 2031. The growth of the market is attributed to the consumers are becoming more conscious of the nutritional value of pork.

Swine feed often referred to as pig feed, is made up of a variety of nutrients derived from both animals and plants sources, with the primary ingredients being soy meal, cornmeal, barley, sorghum, wheat, vitamins, minerals, and antibiotics. In the market, swine feed comes in a variety of forms, including crumbs, mash, and pellets. Swine feed in the form of pellets is the most preferred among swine producers. Pigs get nutrition from swine feed. As a result, the swine feed market has grown in terms of money.

Grower pigs are neonatal pigs who develop at a higher rate than other pigs. Grower pigs have a higher ability for protein deposition and a higher feed exchange rate. The average daily intake throughout the growth period is around 1 kg. When the younger gilt gives birth to a piglet, it is referred to as a sow.

Sow feed is primarily comprised of elements that assist sows to get the energy, vitamins, protein, minerals, and amino acids they need. This type of product meets the demands of sows and allows them to stay healthy when lactating.

North American Swine Feed Market Trends, Drivers, Restraints, and Opportunities

Rising of fast service restaurants in the United States and abroad, as well as nutrition disorders, is anticipated to spur the market expansion during the forecast period.
Industrial swine production has increased, and technological advancements have occurred, which are key factors propelling the market growth in the coming years.
Increasing demand for high-quality meat products by the customers is estimated to boost the market expansion during the forecast period.
Heavy spending is estimated to hamper the market growth.
Incidences of novel ailments are projected to impede the market expansion.
Organic swine feed is becoming more preferred as people become more concerned about their health and ethical issues are expected to offer lucrative opportunities for the market players.

Scope of the North American Swine Feed Market Report

The report on the North American 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	North American Swine Feed Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Cereals, Oilseed Meals, Molasses, Oil, Cereal By-products, Supplements, and Others), and Supplement Types (Enzymes, Antibiotics, Vitamins, Acidifiers, Anti-oxidants, Probiotics & Prebiotics, Amino Acids, and Others)
Geography	Canada, Mexico, United States, the Rest of North America
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	United Animal Health; GVF Group of Companies; Provimi North America, Inc.; Alltech; Kent Nutrition Group; Lallemand Inc.; ADM Animal Nutrition; Land O Lakes Inc.; and Cargill, Incorporated

North American Swine Feed Market Segment Insights

Cereals segment is projected to constitute a key market share

Based on types, the North American swine feed market is divided into cereals, oilseed meals, molasses, oil, cereal by-products, supplements, and others. The cereals segment is expected to hold a key share of the market during the forecast period due to corn and soybeans account for the majority of the diet. Corn is a good source of energy, and soybeans are a good source of protein.

They also eat sorghum and wheat, among other grains. The most preferred and greatest source of nourishment for pigs is farm grains. Corn-based feeds are most often used since they are rich in digestible carbs, low in fiber, and inexpensive. Supplements can be used by farmers to guarantee that their pigs receive the nutrients they require.

Many pigs in the United States, particularly in the Midwest, are fed corn and soybean meal, which are historical primary ingredients. Wheat and sorghum are also utilized when they are accessible, and canola meals can be used to replace some soybean meal when it becomes more cost-effective to import from Canada.

Probiotics & prebiotics segment is expected to grow at a robust pace

On the basis of supplement types, the market is segmented into enzymes, antibiotics, vitamins, acidifiers, anti-oxidants, probiotics & prebiotics, amino acids, and others. The probiotics & prebiotics segment is expected to constitute a key share of the market in the coming years owing to probiotics are live bacteria, when given in sufficient proportions, provide the host with a variety of health benefits.

They are a type of feed additive that can be used to refill the intestinal microbial population while also restoring the host's immune response. Probiotics can increase digestive health, nutritional digestibility, and hence enhance nutritional properties and growth performance in pigs, in addition to their diarrhea reduction and antitoxin benefits.

On the other hand, the vitamins segment is anticipated to expand at a rapid pace during the forecast period owing to swine serve many vital metabolic activities in the body, swine require various essential minerals and vitamins in their feed for optimal performance.

United States is expected to dominate the market

On the basis of geography, the North American swine feed market is classified as Canada, Mexico, United States, the Rest of North America. United States is anticipated to dominate the market at an impressive CAGR during the forecast period. The country’s market growth can be attributed to its size, climatic characteristics, and economy.

In response to the expanding impact of Asian cuisine and delicacies, and also the increased demand for pork and bacon sausages in the country, the United States, the world's third-largest pork manufacturer, has seen a rise in demand for high-quality pork. As a result, the need for swine feed can increase to meet domestic consumption.

The United States is one of the main regions in the swine feed industry due to technical developments, population growth, and significant market investments. Pork consumption and production in the United States are very substantial, due to pork's high protein content and lower fat and cholesterol content than beef as well as other meat sources. It supplies consumers with a protein-rich meat source at a minimal price, making it an inexpensive animal meat option. ?

Segments

The North American swine feed market has been segmented based on

Types

Cereals
Oilseed Meals
Molasses
Oil
Cereals By-products
Supplements
Others

Supplement Types

Enzymes
Antibiotics
Vitamins
Acidifiers
Anti-oxidants
Probiotics & Prebiotics
Amino Acids
Others

Geography

Canada
Mexico
United States
the Rest of North America

Key Players

United Animal Health
GVF Group of Companies
Provimi North America, Inc.
Alltech
Kent Nutrition Group
Lallemand Inc.
ADM Animal Nutrition
Land O Lakes Inc.
Cargill, Incorporated

Competitive Landscape

Key players competing in the North American swine feed market include United Animal Health; GVF Group of Companies; Provimi North America, Inc.; Alltech; Kent Nutrition Group; Lallemand Inc.; ADM Animal Nutrition; Land O Lakes Inc.; and Cargill, Incorporated.

Some of these players are adopting several market strategies including acquisitions, mergers, collaborations, partnerships, capacity expansion, and product launches to increase their market shares.

North American Swine Feed Market Key Players

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 (000â€™ Units) and Y-o-Y Growth
     4.5.3. Swine Feed Market Absolute $ Opportunity
5. Global Swine Feed Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Swine Feed Market Size and Volume Forecast by Types
     5.3.1. Cereals
     5.3.2. Oilseed Meals
     5.3.3. Molasses
     5.3.4. Oil
     5.3.5. Cereals By-products
     5.3.6. Supplements
     5.3.7. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
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 Types
     7.4.1. Cereals
     7.4.2. Oilseed Meals
     7.4.3. Molasses
     7.4.4. Oil
     7.4.5. Cereals By-products
     7.4.6. Supplements
     7.4.7. Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  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 Types
     8.4.1. Cereals
     8.4.2. Oilseed Meals
     8.4.3. Molasses
     8.4.4. Oil
     8.4.5. Cereals By-products
     8.4.6. Supplements
     8.4.7. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  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 Types
     9.4.1. Cereals
     9.4.2. Oilseed Meals
     9.4.3. Molasses
     9.4.4. Oil
     9.4.5. Cereals By-products
     9.4.6. Supplements
     9.4.7. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  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 Types
     10.4.1. Cereals
     10.4.2. Oilseed Meals
     10.4.3. Molasses
     10.4.4. Oil
     10.4.5. Cereals By-products
     10.4.6. Supplements
     10.4.7. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  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 Types
     11.4.1. Cereals
     11.4.2. Oilseed Meals
     11.4.3. Molasses
     11.4.4. Oil
     11.4.5. Cereals By-products
     11.4.6. Supplements
     11.4.7. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  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. United Animal Health
     12.4.2. GVF Group of Companies
     12.4.3. Provimi North America, Inc.
     12.4.4. Alltech
     12.4.5. Kent Nutrition Group
     12.4.6. Lallemand Inc.