Best Swine Feed Research by Regional Analysis, Key Player and Forecast 2024
Axiom
Market Research & Consulting added a, “Swine Feed Market Report, By Type, Additives, Feed Ingredients and
Geography – Global Market Share, Trend Analysis & Forecast Up To 2024”. Swine feed are used for the
development, maintenance and maturation of swine’s. Moreover, it is also
used for production of milk and increasing calories in swine. The global swine
feed market is estimated and forecasted in terms of volume (KT) and revenue
(USD million) generated by the market.
Swine Feed Industry General
Overview:
The swine feed market is primarily driven by increasing
demand for meat from meat processing industry and rising volumes of pork
production. Moreover, rising focus on health & nutrition of animals to
prevent disease out brake and rapid industrialization in the meat processing
industry are factors that are anticipated to fuel the swine feed market during
the projected period. The major factor hindering the growth of the market are
the risk associated with the outbreak of pathogenies diseases and fluctuating
prices of raw material.
Swine Feed Industry Overview by
Type:
Based on type, the swine feed market is categorized into
starter feed, grower feed, sow feed and breeders. As the pig grows and
matures, feeds are formulated for herd health, specific customer requirements,
and performance and hence the demand for grower feed is highest as compared to
others. The breeders feed is formulated to meet the nutritional demand and promote
optimal reproductive health.
Swine Feed Industry Overview by
Additives:
The global swine feed market based on additives is bifurcated
into antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed
acidifiers and others. Feed additives are food supplements added to the animal
feed to ensure that the animals get enough nutrients from regular meals. Hence,
increasing demand for swine feed also increases the demand swine feed
additives.
Swine Feed Industry Overview by feed ingredients:
The report analyses the swine feed market by feed ingredients
into wheat, corn, barley, soybean meal, rapeseed meal, sun seed meal and others.
The corn segment accounted for the highest market share in 2017.
Swine Feed Industry Overview by
Region:
North America, Europe, Asia Pacific, Latin America and Middle
East and Africa. North America, Asia Pacific and Europe mainly consume pork
meat and thus accounted for considerable market share in the global swine feed
market.
Leading Partners of Swine Feed Industry:
Chr. Hansen Holdings A/S, Lallemand Inc, Novus International,
Royal Dsm N.V., BASF SE, Alltech, Archer Daniels Midland Company, Charoen
Pokphand Foods PCL, ABF Plc, Cargill Inc, etc. Many new players are entering
the global swine feed market.
About Axiom MRC:
Axiom Market Research
& Consulting™ (also known as Axiom MRC), is a full-service market research
and data analytics firm, driven by a simple aim of providing key market
intelligence to companies to assist them in taking informed business decisions
pertaining to their marketing strategy, investments, new product launches, market
competition, consumer or end users, social media trends etc.
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