Press release
Swine Feed Market Global Trends, Growth, Share Analysis, And Opportunity 2022-2027
According to IMARC Group's latest report, titled "Swine Feed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", the global swine feed market reached a value of US$ 113.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 136.8 Billion by 2027, exhibiting a CAGR of 3.20% during 2022-2027.Swine feed includes processed, semi-processed, and raw food items for pigs, generally made by combining natural corn, soybean, and wheat-based ingredients. They help in improving the quality of pork and maintaining the health of pigs by reducing the risk of metabolic disorders, acidosis, and infections.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Swine Feed Market Trends
The escalating demand for pig meat and other related products across the globe is primarily driving the market growth. Furthermore, several key manufacturers are introducing vitamin supplements and various other nutrients in the swine feed to enhance the quality and texture of the pork. Additionally, the growing awareness towards numerous nutritional benefits of swine feed has resulted in the increased number of swine feed mills. In accordance with this, several pig farmers are shifting from conventional swine feed towards functional and premium variants that help in boosting the immunity of the animals against enzootic diseases. Besides this, the increasing demand for organic pig meat that are cultivated without antibiotics, GMOs, and chemical feed additives, is anticipated to further propel the global swine feed over the forecasted period.
Swine Feed Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the swine feed market has also been examined along with the profiles of the key players.
Chr Hansen
Royal DSM Holdings Limited
Lallemand Inc.
BASF Limited
Novus International Inc.
Kent foods
Archer Daniels Midland Company
Cargill Inc.
ABF Plc.
Alltech Inc.
Key Market Segmentation:
The report has segmented the global swine feed market based on product type, feed essence, feed additive type and region.
Breakup by Product Type:
Grower
Starter
Sow
Others.
Breakup by Feed Essence:
Vitamins
Antioxidants
Feed Acidifiers
Feed enzymes
Amino acids
Others
Breakup by Feed Additive Type:
Zootechnical Feed Additives
Sensory Feed Additives
Nutritional Feed Additives
Breakup by Region:
Asia Pacific
Europe
North America
Middle East and Africa
Latin America
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1174&flag=C
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports by IMARC Group:
Animal Feed Market: https://bit.ly/3yilI9l
Alginate Market: https://bit.ly/3V1yiUh
Argan Oil Market: https://bit.ly/3M545Qd
United States Swine Feed Market: https://bit.ly/3USqzba
Asia Pacific Swine Feed Market: https://bit.ly/3fzDQW1
Contact Us:
IMARC Group
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Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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