May 23, 2022
According to the estimates by IMARC Group, the global swine feed market reached a value of US$ 113.9 Billion in 2021. The industry has been witnessing positive growth on account of the escalating demand for pork across the globe. The nutritional requirements of a pig, or swine, depend on various factors, including age and body weight, housing environment, and physiological state of the pig. Based on these factors, manufacturers ensure that the feed formulation includes energy, protein, amino acids, and lysine. Other than this, it consists of vitamins A, D, and E, and minerals such as calcium, phosphorus, and magnesium. Looking forward, the market to reach US$ 136.8 Billion by 2027, exhibiting a CAGR of 3.20% during 2022-2027
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The competitive structure of the swine feed market is fragmented in nature, with the presence of numerous small and large manufacturers in the market. Currently, the market is dominated by ten major players.
A Demark-based bioscience company, Chr. Hansen develops natural solutions for the food, agricultural, nutritional and pharmaceutical industries. Founded in the early-1840s, the company primarily manufactures enzymes, natural colors, cultures, and probiotics for a wide variety of food products, beverages, animal feed, confectionery, dietary supplements, and plant protection products. It produces swine feed with unique probiotic strains that are easy to use, highly heat-stable, and compatible with various feed additives, including antibiotics.
Established in the early-1900s, Royal DSM Holdings Limited is a Dutch science-based company that delivers solutions for animal nutrition, human nutrition, medical devices, personal care and aroma, new mobility and connectivity, and green products and applications. The company reports annual net sales of approximately EUR 10 Million with a workforce of around 23,000 employees. Ranging from pigs and cows to fish and pets, DSM Holdings provides high-quality additives and ingredients for animal feed.
Lallemand Inc. is a Canada-based privately-held company, which was founded at the end of the 19th century. It specializes in the production, marketing, and distribution of yeasts and bacteria in fermented beverages, baking, human and animal nutrition, and agricultural and pharmaceutical applications. At present, Lallemand offers a wide range of specific yeast and bacteria probiotics, antioxidants and environmental control solutions, and inactive yeast fractions for swine. These solutions help in balancing microbial communities present in the swine digestive system.
Based in Germany, BASF Limited is a chemical company, which is organized into six segments – chemicals, industrial solutions, materials, nutrition & care, and agricultural solutions, and Surface Technologies. With sales of approximately EUR 63 Billion in 2018, the company accounts for a workforce of nearly 122,000 employees. For the swine feed industry, BASF produces and markets various products, which include Natuphos, a phytase that helps pigs in digesting plant-based phosphorous while avoiding the addition of inorganic phosphorus.
Novus International Inc. is headquartered in the United States and operates in the production and supply of animal nutrition solutions. It primarily offers carotenoids, minerals, eubiotics, methionine, enzyme, and feed quality products, such as nutritional feed acids, feed additives, feed supplements, preservative premixtures chelated trace minerals. Novus's portfolio of products related to swine production plays a vital role in the optimization of efficiency, profitability, performance, and sustainability.
Kent Feeds is a US-based animal care and feed manufacturing company, which was established in the late-1920s. It primarily provides high-quality nutrition for various animals, including horses, livestock, pets, and small animals. For the nutritional requirements of pigs, the company offers various feed additives and treatments, premixes, supplements, and vitamins and minerals.
Established in the early-1900s, Archer Daniels Midland Company (ADM) is headquartered in the US. The company mainly operates in the procurement, transportation, processing, merchandising, and storing of agricultural products, commodities, and ingredients. Its functions are organized into four segments, namely carbohydrate solutions, oilseeds, nutrition, and origination. Swine feed products and programs of ADM offer several economic returns and cost-effective solutions. It supplies specialized feeds and ingredients, and innovative swine feed formulations in the US and other countries across the globe.
Cargill Inc. is a US-based food, agriculture, nutrition, and risk management company, which was established in the mid-1860s. The company currently supplies its products and services from nearly 70 countries with a workforce of around 155,000 employees. It offers industrial products, biofuels, food, animal nutrition, and meat and poultry. In the field of swine feed, Cargill provides a range of tools that support nutrient analysis and ingredient sourcing activities to meet the exact nutritional needs of pigs. Other than this, it also supplies several feed additives, which include Cinergy, Prohacid, Proviox, Enzae and Nectarom.
ABF Plc, short for Associated British Foods, is a UK-based food, ingredients, and retail company, which was established in the mid-1930s. It operates across nearly fifty countries and is organized into five segments, namely agriculture, grocery, sugar, retail, and ingredients. Under ABF Ingredients, it distributes ingredients for animal nutrition, pharmaceuticals, and human food and nutrition. Wherein, feed enzyme products, including phytase, xylanase, and beta-glucanase, are supplied through AB Vista.
Alltech Inc., headquartered in the US, operates in the development and production of health improvement products. It supplies feed supplements, and ingredients for plants, humans, and animals. For enhancing swine production, the company offers a wide range of nutritional technologies, yeasts, and minerals, including Village, Actigen, Sel-Plex, Bioplex, Integral A+, NuPro, Acid-Pak 4-Way 2X, Allzyme SSF, and De-Odorase.
About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the swine feed industry and the regional Asia Pacific, United States, China, and Europe, which has enabled clients to set up and expand their businesses successfully.
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