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The United States swine feed market size reached US$ 21,790 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 30,618 Million by 2027, exhibiting a growth rate (CAGR) of 5.81% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Swine feed refers to the dietary supplement for pigs, which is made of natural corn, soybean, and wheat ingredients. It is fortified with amino acids, essential fatty acids, vitamins, and minerals to meet the nutritional requirement of pigs. A wide variety of pellets and mash swine feeds are available in the market, which helps in improving the performance goals and herd health as they comprise proteins made of all-natural plant sources and natural fungal-based enzymes.
The United States swine feed market is primarily driven by the rising demand for pork, as it is cheaper, highly nutritious, and contains less fat and cholesterol compared to beef and other meat products. Additionally, changing regulations and policies in the country, coupled with the growing demand for animal protein, is providing a positive impact on the market growth. Moreover, extensive research and development (R&D) activities regarding the testing of new ingredients and feed formula to produce innovative and efficient swine feed variants are also bolstering the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States swine feed market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type, feed essence and feed additive type.
Breakup by Product Type:
Breakup by Feed Essence:
Breakup by Feed Additive Type:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Feed Essence, Feed Additive Type, Region|
|Region Covered||Northeast, Midwest, South, West|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option|
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The United States swine feed market was valued at US$ 21,790 Million in 2021.
We expect the United States swine feed market to exhibit a CAGR of 5.81% during 2022-2027.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation, resulting in the temporary restriction on production and supply of livestock, feed, and feed ingredients, thereby negatively impacting the United States market for swine feed.
The increasing demand for organic pig meat, along with the introduction of new animal rearing practices and maintenance of high farming standards, is primarily driving the United States swine feed market.
Based on the product type, the United States swine feed market can be categorized into grower, starter, sow, and others. Currently, grower accounts for the majority of the total market share.
Based on the food essence, the United States swine feed market has been segregated into vitamins, antioxidants, feed acidifiers, feed enzymes, amino acids, and others. Among these, amino acids currently hold the largest market share.
Based on the feed additive type, the United States swine feed market can be bifurcated into zootechnical feed additives, sensory feed additives, and nutritional feed additives. Currently, nutritional feed additives exhibit a clear dominance in the market.
On a regional level, the market has been classified into Northeast, Midwest, South, and West, where West currently dominates the United States swine feed market.
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