The growing demand for pork meat is one of the major factors anticipated to drive the market growth.
The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2022-2030.
The fluctuating prices of raw materials used for manufacturing swine feed is one of the major factors estimated to hamper the market growth.
The market in the Asia Pacific is anticipated to display significant business opportunities in the future.
The major players in the market are Cargill, Incorporated, Nutreco, N.V., ADM Animal Nutrition, Novus International, Lallemand Inc., DSM, Charoen Pokphand Foods PCL, Chr. Hansen Holding A/S, BASF SE, Alltech Inc., and others.