Swine Feed Market Research Report, Trends, Analysis and Forecast to 2022

Swine feed is organized from a mixture of nutrients, either from plant or animal sources, mainly consisting of soy meal, corn, barley, wheat, sorghum, minerals, vitamins, other micro nutrients and antibiotics. Pig needs protein sources to build its muscles.  A pig has a whole bunch of muscle and swine feeds are protein sources for pig to build its muscles. In order to produce milk and meat, also for growth and body maintenance, it is necessary for pig to have good feed. Various pig specialized feeds are available in the market. Swine feeds are marketed as nursery feeds, finisher feeds, and breeder feeds to cater to the nutritional requirements of piglets, adult pigs, and sows. The nursery feeds are formulated to ensure an easy transition from milk to dry feed in piglets while the finisher and breeder feeds are formulated to promote herd health and increase growth rate. All these products provide enough nutrition to swine and nurture them. Nutritional requirements are what should be considered while feeding pigs as there is nothing called standard diet for pigs. The nutritional requirements depend upon energy and protein requirements for pigs. Nutritional requirements of pigs for healthy growth are influenced by factors such as age and body weight, genetic potential of pigs, and housing environment. 

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The additives are very important source of nutrition as they make the product more digestible as well as enhance. Amino acids, Enzymes, antioxidants, and antimicrobials are the main additives found in the diet of swine. Companies consider all these factors while producing swine feed for the best outcome. Generally, feed for young pigs need greater nutritional levels of most nutrients for instance: protein (lysine) as compared to older pigs. The supplements fed to swine include hay, grass, and certain types of legumes. Moreover, 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 to make the swine healthy. It offers numerous nutritional advantages such as pelleting a diet helps make it easier to handle feed and helps reduce feed waste, pelleting feed supports optimal performance, and pelleting supports nutrient digestibility. The “Global Swine Feed Market” is estimated at $118.25 billion in 2015 and is expected to grow at a CAGR of 3.17% to reach $147.15 billion by 2022.

Globally, the swine feed market is witnessing steady growth on account of growing demand for high-quality pork, augmented income of middle class population in developing nation and flexibility to use raw materials depending on availability. Also the rising demand for swine feed has created a hike in demand for swine feed and the additives. The manufacturers of swine feed and additives are forced to expand their production capacities in order to fill the void between demand and supply. These positive attributes of the market products are viewed as excellent business opportunity in a steadily growing animal feeds market. This has attracted many multinational feed producing companies to make a foray into production and marketing of swine feed market. 

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Another factor that is stimulating the growth of the swine feed market is the rising awareness about the importance of maintaining a healthy pig diet among farm owners. In accordance with this, they are shifting from regular swine feed to functional and premium variants that help in improving the immunity of the animals against enzymatic diseases as well as reducing the risk of metabolic disorders, acidosis, injuries and infections. Furthermore, an increase in the demand for organic pig meat from consumers in the developed nations, along with the introduction of new animal rearing practices and maintenance of high farming standards, has created a positive outlook for the global swine feed market in future.

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The swine feed market in Asia Pacific is expected to grow at the significant rate over the forecast period, owing to rising meat production and consumption in countries in the region such as China, India, Vietnam, Thailand, and South Korea. China accounted for nearly 50% percent of the global pork production and is projected to witness increasing demand for swine feed, which, in turn, is expected to fuel the demand for the product in Asia Pacific. Its high import requirement and rising disposable income, backed by the buoyant domestic demand and government support are the primary reasons for the particularly strong growth in this market. Countries such as New Zealand, Australia, and Korea import large amounts of pork, which, in turn, is expected to influence the market growth positively. Moreover, Japan, South Korea and Taiwan are the saturated markets for pork consumption, while Vietnam and Philippines are the emerging markets.

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