MARKET INTRODUCTION
Swine feed is formulated to meet the nutritional requirements of farm pigs and sows. They are usually derived from plant and animal sources. Swine feeds are marketed as nursery feeds, finisher feeds, and breeder feeds to cater to the nutritional requirements of piglets, adult pigs, and sows. The nursery feeds are formulated to ensure an easy transition from milk to dry feed in piglets while the finisher and breeder feeds are formulated to promote herd health and increase growth rate.
MARKET DYNAMICS
A significantly large share of the population in the Americas, Europe, and East Asia depend on pork to meet their daily nutritional requirements. Increasing consumption of pork, availability of pork at a lower cost than other meats, and proliferation of pig farms in the Asia Pacific has led to significant demands for pork meat. The surge in demand for pork has created a conducive environment for the growth of the swine feed industry. Innovations in feed formulations and development of swine feed to increase the litter size and promote optimal health have generated high demand for swine feeds. China accounted for a significant share of global pork production and is anticipated to witness an exponential increase in the demand for swine feed. While North America was one of the largest exporters of pork and is likely to create substantial demand for swine feed in the forecast period.
MARKET SCOPE
The "Global Swine Feed Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the swine feed market with detailed market segmentation by product, form, additives, and geography. The global swine feed market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading swine feed market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global swine feed market is segmented on the basis of product, form, and additives. On the basis of product, the swine feed market is segmented into, starter feed, grower feed, sow feed, and others. On the basis of form, the market is bifurcated into, pellets, crumble, mash, and other. Based on additives, the global swine feed market is segmented into, zootechnical feed additives, sensory feed additives, and nutritional feed additives.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global swine feed market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The swine feed market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the swine feed market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the swine feed market in these regions.
MARKET PLAYERS
The reports cover key developments in the swine feed market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from swine feed market are anticipated to lucrative growth opportunities in the future with the rising demand for swine feed in the global market. Below mentioned is the list of few companies engaged in the swine feed market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the swine feed market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Agribusiness Holding Miratorg
- Alltech, Inc.
- Archer Daniels Midland Company
- Cargill Inc.
- Charoen Pokphand Foods
- Forfarmers B.V.
- J.D. Heiskell & Co.
- Land O' Lakes Inc.
- New Hope Group Co. Ltd.
- Nutreco N.V.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.