According to Publisher, the Global Swine Feed market is estimated at $118.25 billion in 2015 and is expected to grow at a CAGR of 3.17% to reach $147.15 billion by 2022. Growing pork production is anticipated to remain as a major factor boosting the global swine feed market over the forecast period. Moreover, rising demand for quality pork meat is estimated to fuel swine feed demand. Feed industry were impacted by numerous events, including prevalent droughts, huge costs of raw feed materials, irregular governance over import/export standards and PED virus in pigs, which proved to be devastating for many farmers.
Asia pacific region is estimated to observe large demand for swine feed as Vietnam, Philippines and Thailand are major consumers of pork across the globe. China accounts for 50% of the world pork production and is expected to witness high demand for swine feed which in turn have a positive impact on Asia Pacific market. North Korea, New Zealand and Australia also import huge quantities of pork and are expected to propel the market positively. Europe is anticipated to observe high swine feed demand owing to the rising pork consumption in the region. North America is also the leading pork exporter and is expected to register high swine feed demand over the forecast period.
Some of the key players in the market are Alltech Inc., Archer Daniels Midland, Cargill Inc., Charoen Pokphand, De Hues , DeKalb Feeds, Ewos Group, ForFarmers, Heiskell & CO., Kent Feeds, Kyodo Shiryo Company, New Hope Group, Nutreco NV, Sodrugestvo Group and Weston Milling Animal Nutrition.
- Pig Grower Feed
- Starter Feed
- Sow Feed
- Other feed types
- Feed Enzymes
- Feed Acidifiers
- Amino Acids
- Other Additives
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- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- Rest of Asia Pacific
- Rest of the World
- Middle East
- South Africa
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