Global Swine Feed Market: By Feed Type (Starter Feed, Sow Feed, Pig Grower Feed, Others), By Feed Additive Type (Sensory Feed Additives, Zootechnical Feed Additives, Nutritional Feed Additives), By Feed Essence (Antioxidants, Antibiotics, Vitamins, Minerals, Proteins, Feed Acidifiers, Feed Enzymes, Others), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023

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.

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


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
Zootechnical 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


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