Swine Feed Market Trends

  • Report ID: 3154
  • Published Date: Sep 16, 2024
  • Report Format: PDF, PPT

Swine Feed Market Trends

Growth Drivers

  • Rising Demand for Pork Meat
  • Rise in Focus on Developing Advanced Cattle Feed Products

Challenges

  • Volatile Raw Material Prices

Swine Feed Market: Key Insights

Base Year

2023

Forecast Year

 

2024–2036

CAGR

3.1%

Base Year Market Size (2023)

USD 130.06 billion

Forecast Year Market Size (2036)

USD 193.42 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Parul Atri


  • Report ID: 3154
  • Published Date: Sep 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

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.
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