Pig Feed Market
Pig Feed Market By Life Stage (Weaning, Grow Finish, Commercial Sow, Small Farm or Hobby), By Additive Type (Zootechnical Feed Additives, Sensory Feed Additives, Nutritional Feed Additives), By Supplement (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes), - Global Review 2021 to 2031
Analysis of Pig Feed Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Pig Feed Market Forecast and CAGR
According to latest research study by FactMR, Pig Feed market is on the urge to showcase substantial growth of more than 5% during 2021-2031. Pork is the world's most common and widely consumed meat, particularly in Europe and Southeast Asia.
Pork is less expensive than other meats, which contributes to its widespread consumption. Pork demand is being boosted by a strong middle-class population, rising disposable income, and shifting customer preferences. The consumption of pork has relative impact on the production of high quality pig feed enabling promising growth outlook during the forecast period.
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What is Driving Demand for Pig Feed?
Feed additives play a vital role in animal nutrition in modern livestock management. They increase the digestibility of the feed while also increasing the nutritional quality and palatability of the feed to provide health benefits.
Since feed costs account for three fourth of the total cost of pig meat production, the growth of the pork industry has also aided the growth of the pig feed sector. As a result, the cost of feed ingredients has a significant effect on the cost of pork production.
China had the largest pig population of any country as of April 2021 with more than 400 million pigs while over 150 and 75 million counts are estimated in the European Union and the United States standing second and third on the list respectively
The rising pig population along with the consumer preference towards pork meat has open the doors for pig feed manufacturers to cater to the ever-rising consumption. There lies a huge pool of opportunities for suppliers to streamline their supply network to attain significant revenue generation.
Factors Driving Pig Feed Sale
In 2019, total feed tonnage for all species decreased by less than 2% to 1.2 billion metric tons. The top feed producers are the, China, United States Russia, Mexico, Germany, India, Spain, Japan, and Brazil. These countries produce nearly 60% of the world's feed and have close to 55% of the world's feed mills, so they are considered as a benchmark for overall agricultural trends.
The pork industry is a significant part of the agricultural sector in the United States. More than 60,000 pork producers sell more than 115 million hogs per year across the country. These animals produced a total gross income of more than $20 billion on average, and the pork industry employs approximately 550,000 people. However, the impact of African swine fever on global feed production has been felt as the global pig feed tonnage showed a downfall of more than 10% in 2019.
Meat consumption rises in parallel with per capita income. In addition, countries with more urbanized populations consume more meat per capita. Owing to the mounting consumption of pig meat, the relative feed production is expected over the forecast period wherein the manufacturers will witness an optimistic growth outlook.
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Asia Demand Outlook for Pig Feed Market
China, unsurprisingly, is the world's leading pork producer, producing approximately 55 million metric tons of pork per year. Feed production in the Asia-Pacific region fell by more than 5% in 2019, owing primarily to ASF and strong declines in pig feed production. China's total feed production dropped by nearly 20 million metric tons to close to 170 million metric tons, dropping from first to second place behind the United States.
India and Japan remained in the top ten feed-producing countries, with equal production of nearly 40 MMT and approximately 25MMT, respectively, compared to 2018, while Vietnam's production fell by about 7% owing to swine flu awareness.
The growing popularity of pork meat in the region along with rising populations and urbanization is expected to fuel market expansion. This is going to elevate pig feed sales from these countries and is poised to keep the market growth consistent throughout the forecast period.
Who are the Key Manufacturers and Suppliers of Pig Feed?
Some of the leading manufacturers and suppliers of pig feed include AGRAVIS
- Alltech Inc.
- ANYOU Grou
- Archer Daniels Midland
- BASF Limited
- Cargill Inc.
- Chr Hansen
- CP Group
- DaChan
- DBN Group
- ForFarmers
- Hi-Pro Feeds
- Jinxinnong
- Kent Foods
- Lallemand Inc.
- Land O' Lakes Purina
- New Hope
- Novus International Inc.
- Nutreco NV
- Royal DSM Holdings Limited
- TRS Group
- Twins Group
- Wellhope
- Xinnong
- Zhengbang Group
The manufacturers have streamlined their supply chain network with the pig farms, animal husbandry organizations and veterinary doctor to gain more market coverage. The market is the highly fragmented with abundant number of players operating regionally based on the competitive pricing of feed.
Also, the continuous increase in the number of variety, flavors, type and food specialty of pig feed food ingredients in the marketplace, as manufacturers of pig feed seek to formulate better products, which will be one of the contributing factors to this market development.
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Pig Feed Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
Key Segments
By Life Stage
- Weaning
- Grow Finish
- Commercial Sow
- Small Farm or Hobby
By Additive Type
- Zootechnical Feed Additives
- Sensory Feed Additives
- Nutritional Feed Additives
By Supplement
- Antibiotics
- Vitamins
- Antioxidants
- Amino Acids
- Enzymes
- Acidifiers
- Others
By Ingredients
- Corn
- Milo
- Wheats
- Oats
- Barley
- Meat
- Others
By Sales Channel
- Modern Trade Channels
- Online Channel
- Third Party Website
- Direct to Customer
- Animal Food Stores
- Others
By Region
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Europe
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Oceania
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Table of Content
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Life Stage 6.2. Additive Type 6.3. Supplement 6.4. Ingredients 6.5. Sales Channel 7. Global Market Analysis and Forecast, By Life Stage 7.1. Weaning 7.2. Grow Finish 7.3. Commercial Sow 7.4. Small Farm or Hobby 8. Global Market Analysis and Forecast, By Additive Type 8.1. Zootechnical Feed Additives 8.2. Sensory Feed Additives 8.3. Nutritional Feed Additives 9. Global Market Analysis and Forecast, By Supplement 9.1. Antibiotics 9.2. Vitamins 9.3. Antioxidants 9.4. Amino Acids 9.5. Enzymes 9.6. Acidifiers 9.7. Others 10. Global Market Analysis and Forecast, By Ingredients 10.1. Corn 10.2. Milo 10.3. Wheats 10.4. Oats 10.5. Barley 10.6. Meat 10.7. Others 11. Global Market Analysis and Forecast, By Sales Channel 11.1. Modern Trade Channels 11.2. Online Channel 11.3. Animal Food Stores 11.4. Others 12. Global Market Analysis and Forecast, By Region 12.1. North America 12.2. Latin America 12.3. Western Europe 12.4. Eastern Europe 12.5. East Asia 12.6. South Asia & Pacific 12.7. MEA 13. North America Sales Analysis and Forecast, by Key Segments and Countries 14. Latin America Sales Analysis and Forecast, by Key Segments and Countries 15. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 16. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 17. East Asia Sales Analysis and Forecast, by Key Segments and Countries 18. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries 19. MEA Sales Analysis and Forecast, by Key Segments and Countries 20. Sales Forecast by Life Stage, Additive Type, Supplement, Ingredients, and Sales Channel for 30 Countries 21. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 22. Company Profile 22.1. Alltech Inc. 22.2. ANYOU Grou 22.3. Archer Daniels Midland 22.4. BASF Limited 22.5. Cargill Inc. 22.6. Chr Hansen 22.7. CP Group 22.8. DaChan 22.9. DBN Group 22.10. ForFarmers 22.11. Hi-Pro Feeds 22.12. Jinxinnong 22.13. Kent Foods 22.14. Lallemand Inc. 22.15. Land O' Lakes Purina 22.16. New Hope 22.17. Novus International Inc. 22.18. Nutreco NV 22.19. Royal DSM Holdings Limited 22.20. TRS Group
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List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Life Stage
Table 03: Global Market US$ Mn Forecast by Additive Type
Table 04: Global Market US$ Mn Forecast by Supplement
Table 05: Global Market US$ Mn Forecast by Ingredients
Table 06: Global Market US$ Mn Forecast by Sales Channel
Table 07: North America Market US$ Mn Forecast by Country
Table 08: North America Market US$ Mn Forecast by Life Stage
Table 09: North America Market US$ Mn Forecast by Additive Type
Table 10: North America Market US$ Mn Forecast by Supplement
Table 11: North America Market US$ Mn Forecast by Ingredients
Table 12: North America Market US$ Mn Forecast by Sales Channel
Table 13: Latin America Market US$ Mn Forecast by Country
Table 14: Latin America Market US$ Mn Forecast by Life Stage
Table 15: Latin America Market US$ Mn Forecast by Additive Type
Table 16: Latin America Market US$ Mn Forecast by Supplement
Table 17: Latin America Market US$ Mn Forecast by Ingredients
Table 18: Latin America Market US$ Mn Forecast by Sales Channel
Table 19: Western Europe Market US$ Mn Forecast by Country
Table 20: Western Europe Market US$ Mn Forecast by Life Stage
Table 21: Western Europe Market US$ Mn Forecast by Additive Type
Table 22: Western Europe Market US$ Mn Forecast by Supplement
Table 23: Western Europe Market US$ Mn Forecast by Ingredients
Table 24: Western Europe Market US$ Mn Forecast by Sales Channel
Table 25: Eastern Europe Market US$ Mn Forecast by Country
Table 26: Eastern Europe Market US$ Mn Forecast by Life Stage
Table 27: Eastern Europe Market US$ Mn Forecast by Additive Type
Table 28: Eastern Europe Market US$ Mn Forecast by Supplement
Table 29: Eastern Europe Market US$ Mn Forecast by Ingredients
Table 30: Eastern Europe Market US$ Mn Forecast by Sales Channel
Table 31: East Asia Market US$ Mn Forecast by Country
Table 32: East Asia Market US$ Mn Forecast by Life Stage
Table 33: East Asia Market US$ Mn Forecast by Additive Type
Table 34: East Asia Market US$ Mn Forecast by Supplement
Table 35: East Asia Market US$ Mn Forecast by Ingredients
Table 36: East Asia Market US$ Mn Forecast by Sales Channel
Table 37: South Asia & Pacific Market US$ Mn Forecast by Country
Table 38: South Asia & Pacific Market US$ Mn Forecast by Life Stage
Table 39: South Asia & Pacific Market US$ Mn Forecast by Additive Type
Table 40: South Asia & Pacific Market US$ Mn Forecast by Supplement
Table 41: South Asia & Pacific Market US$ Mn Forecast by Ingredients
Table 42: South Asia & Pacific Market US$ Mn Forecast by Sales Channel
Table 43: MEA Market US$ Mn Forecast by Country
Table 44: MEA Market US$ Mn Forecast by Life Stage
Table 45: MEA Market US$ Mn Forecast by Additive Type
Table 46: MEA Market US$ Mn Forecast by Supplement
Table 47: MEA Market US$ Mn Forecast by Ingredients
Table 48: MEA Market US$ Mn Forecast by Sales Channel
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List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Life Stage
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Additive Type
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Supplement
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Ingredients
Figure 05: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 06: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Life Stage
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Additive Type
Figure 09: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Supplement
Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Ingredients
Figure 11: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 12: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Life Stage
Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Additive Type
Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Supplement
Figure 16: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Ingredients
Figure 17: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 18: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Life Stage
Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Additive Type
Figure 21: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Supplement
Figure 22: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Ingredients
Figure 23: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 24: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Life Stage
Figure 26: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Additive Type
Figure 27: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Supplement
Figure 28: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Ingredients
Figure 29: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 30: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 31: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Life Stage
Figure 32: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Additive Type
Figure 33: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Supplement
Figure 34: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Ingredients
Figure 35: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 36: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 37: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Life Stage
Figure 38: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Additive Type
Figure 39: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Supplement
Figure 40: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Ingredients
Figure 41: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 42: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 43: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Life Stage
Figure 44: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Additive Type
Figure 45: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Supplement
Figure 46: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Ingredients
Figure 47: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 48: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Pig Feed Market