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Swine Feed Market is set for lucrative growth during 2021-2031 | Cargill Inc., BASF SE, Lallemand Inc., Kent Corporation
Swine Feed Market
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Swine feed is a type of animal feed that is specifically formulated for pigs. The ingredients in swine feed can vary depending on the specific needs of the pigs, but typically includes a mix of corn, soybeans, and other grains. The ratio of these ingredients is important to ensure that the pigs receive the correct balance of nutrients.
Key Trends
The key trends in swine feed technology are focused on improving feed efficiency and maximizing nutrient utilization. This is being accomplished through the use of new feed ingredients, feed additives, and innovative feeding strategies.
One of the most promising new feed ingredients is distillers dried grains with soluble (DDGS). DDGS is a by-product of the ethanol industry and is high in protein and energy. In addition, DDGS contains other nutrients that can be beneficial for swine, such as fiber, vitamins, and minerals. DDGS is being used as a replacement for corn in swine diets and is shown to improve feed efficiency.
Another new feed ingredient that is gaining popularity is soybean hulls. Soybean hulls are a by-product of the soybean oil industry and are an excellent source of fiber. Soybean hulls can be used to replace corn in swine diets and have been shown to improve nutrient utilization.
Feed additives are also being used to improve swine feed efficiency. One example is enzymes. Enzymes are proteins that catalyze chemical reactions in the body. They are being used in swine diets to improve the digestibility of nutrients. Another example is probiotics. Probiotics are live microorganisms that have a beneficial effect on the host animal. They are being used in swine diets to improve gut health and promote feed efficiency.
Key Drivers
The key drivers of the swine feed market are the price of corn and soybeans, the availability of alternative feed ingredients, and the demand for pork.
The price of corn and soybeans is the biggest driver of the swine feed market. Corn and soybeans are the two main ingredients in swine feed, and the price of these commodities can have a big impact on the cost of feed. When the prices of corn and soybeans are high, the cost of feed goes up, and when they are low, the cost of feed goes down.
The availability of alternative feed ingredients is also a driver of the swine feed market. When corn and soybean prices are high, farmers may look for alternative ingredients to use in their feed. Some of the most common alternative ingredients used in swine feed include wheat, barley, and oats.
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Market Segments
The Swine Feed Market is segmented on the basis of product type, form, nature, and region. By product type, the market is classified into starter, grower, and finisher. By form, it is divided into pellets, mash, and crumbs. By nature, it is segmented into conventional and organic. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Swine Feed Market report includes players such as Purina Mills LLC, Archer Daniel Midland Company, Cargill Inc., BASF SE, Lallemand Inc., Kent Corporation, Charoen Pokphand Foods, Keystone Mills, Kreamer Feed Inc., and Alltech.
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• Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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