Press release
Swine Feed Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023
Swine Feed Market
Market Outline: Swine Feed Market
Swine feed is used for development, maturation, maintenance, milk production, and increase the calories in swine. They have almost similar digestive system alike to Homo sapiens so they are unable to digest the massive amount of silage, hay, and pasture grasses. Swine feed is prepared from various ingredients such as oat grains, grains, soybeans, pulses, and corns among others. Swine feed is classified into medicated feed and non-medicated feed. Medicated feed used to prevent or cure the various diseases and non-medicated feed is used along with feed additives such as vitamins, proteins, and minerals to make the swine healthy.
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Market Dynamics: Swine Feed Market
Drivers
• Rise in pork meat production and increase in the demand for healthy pork meat
• Increase in the R&D for the innovation of newer swine feed products that can optimize the growth of swine health
• Increase in the prevalence of various diseases leads to rise in consumption of medicated and nutrient feed
Restraints
• Fluctuations in raw material prices used in the production of swine feed
• High cost of feed and environmental factors leads to feed deterioration
• Lack of awareness about the medicated and nutrient swine feed in underdeveloped countries
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Market Scope: Swine Feed Market
Global swine feed market is segmented on the basis of feed type, feed additive type, feed essence
Based on the feed type, swine feed market is segmented into the following:
• Starter Feed
• Sow Feed
• Pig Grower Feed
• Others
Based on the feed additive type, swine feed market is segmented into the following:
• Sensory Feed Additives
• Zoo technical Feed Additives
• Nutritional Feed Additives
Based on the feed essence, swine feed market is segmented into the following:
• Antioxidants
• Antibiotics
• Vitamins
• Minerals
• Proteins
• Feed Acidifiers
• Feed Enzymes
• Others
Based on the region, swine feed market is segmented into the following:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
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Competition Assessment: Swine Feed Market
Some of the players in the global swine feed market include:
• Archer Daniels Midland Company (U.S.)
• BASF SE (Germany)
• Novus International (U.S.)
• Cargill, Inc. (U.S.)
• Koninklijke DSM N.V. (Netherlands)
• Hansen Holding A/S (Denmark)
• Alltech, Inc. (U.S.)
• Lallemand, Inc. (Canada)
• I. du Pont de Nemours and Company (U.S.)
Notable Market Developments: Swine Feed Market
• In September 2017, Cargill Inc. expanded its poultry and swine feed business in Thailand by acquiring a feed mill in Prachinburi province in Thailand
Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies and regulatory framework
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
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