Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Swine Feed Market size was over USD 134.09 billion in 2024 and is poised to exceed USD 199.42 billion by 2037, witnessing over 3.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of swine feed is evaluated at USD 137.62 billion.
The growth of the market can be attributed to the growing demand for food additives in order to enhance the quality of food in animal nutrition products, along with the rising number of animal husbandry branches. Further, rising awareness among consumers regarding health of swine is leading to increased consumption of swine feed products among pig farmers. The swine feed keeps the pig’s safe from enzootic disorders and avoids the outspread of the enzootic diseases in the environment. Additionally, the farmers are increasing the usage of good quality swine feed to minimize the prevalence rate of animal epidemics, which in turn, is estimated to propel the market growth. Swine feed is more easily digestible and delivers proper nutritional benefits. It is rich in vitamins & fiber content, and therefore promotes good health of swine. Moreover, increase in international trade in slaughtered and live pigs is also anticipated to drive the swine feed market growth. According to the statistics by the National Pork Producers Council, more than 60 thousand pork producers in the United States annually market more than 115 million hogs. Moreover, the statistics also stated that the pork industry in the United States adds USD 39 Billion to the GDP of the nation.
