Swine Feed Market Report and Forecast 2025-2034

The global swine feed market reached a value of nearly USD 134.45 Billion in 2024. By 2034, the industry is expected to attain a value of USD 208.80 Billion, growing at a CAGR of 4.50% over the forecast period of 2025-2034.

The global swine feed market is being driven by the rising health awareness among consumers, coupled with the growing consumer demand for protein-based products, including pork. The grower segment, among other product-types, dominates the market. Region-wise, the Asia-Pacific represents the largest market for swine feed, holding most of the global share owing to the presence of a significant pig population and high pork consumption in various parts within the region. It is estimated that around 50% of the world's pig population is concentrated in China, followed by the European Union and the United States. This suggests that these regions will remain the highest users of compound feed for the production of pork.

Market Segmentation

Swine feed, made from natural ingredients derived from products like corn, soybean, and wheat, among others, is utilised for the purpose of improving the feed quality for pigs who require a specific set of nutrients in order to maintain their weight, energy, and milk production levels. Swine feed is also fortified with amino acids, essential fatty acids, vitamins, and minerals in order to satisfy the nutritional needs of pigs. There are a number of pellets, and mash swine feeds in the market that are designed to boost the efficiency, health and performance, and herd safety.

Based on product type, the swine feed market is divided into:

• Grower
• Starter
• Sow
• Others

On the basis of feed essence, the industry is segmented into:

• Vitamins
• Antioxidants
• Feed Acidifiers
• Feed Enzymes
• Amino Acids
• Others

Based on feed additive type, the industry is segmented into:

• Zootechnical
• Sensory
• Nutritional
• Others

On the basis of region, the industry is segmented into:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Market Analysis

The global swine feed market is being driven by the increasing focus on biosecurity, which in turn, has prompted the producers to use high-quality ingredients while formulating their products. The growing consumer awareness and increased demand for high-quality products are driving this trend. Further, as pork is cheaper than other sources of meat, its consumption both in developed and developing nations has been growing significantly. Additionally, customers are intrigued by its palatability, fat quality, and texture, resulting in increased demand for pork. The growing middle-class population, increasing disposable incomes, and changing consumer preferences are supporting the swine feed market growth.

In recent years, with rapid technological advancement, the feed manufacturing industry has been witnessing several innovations to enhance the manufacturing process. One such technology is pelleting, which is a cost-effective method that aids in reducing diet segregation, enhancing feed handling, decreasing dustiness, and improving bulk density. In addition, producers are also creating innovative product variants, such as swine feed premix, which is expected to provide a further boost to the swine feed market over the forecast period.

Competitive Landscape

The report gives a detailed analysis of the following key players in the global swine feed market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• DSM Animal Nutrition
• Lallemand Inc.
• Cargill Incorporated
• ADM Animal Nutrition
• BASF SE
• Kent Nutrition Group
• Novus International
• Others

The comprehensive report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.