Global Swine Feed Minerals Market 2024, Forecast To 2033
26 Feb, 2024
The swine feed minerals market has witnessed rapid growth, expanding from $136.23 billion in 2023 to $150.64 billion in 2024, boasting a 10.6% compound annual growth rate (CAGR). The surge is attributed to enhanced feed efficiency, increased nutritional awareness, disease prevention, and intensified livestock practices. Anticipating further acceleration, the market is projected to reach $221.3 billion in 2028, sustaining a 10.1% CAGR. This forecasted growth is linked to population expansion, sustainable farming, regulatory changes, and global economic trends. Notable trends include technological advancements, demand for specialty minerals, and the rise of precision nutrition.
Global Swine Feed Minerals Market Key Driver
The increased demand for organic meat propels the growth of the swine feed minerals market. Health-conscious farm owners prioritize high-quality minerals for swine feeds. The demand for organic meat aligns with consumer preferences, as demonstrated by the popularity of natural and organic pet products. This increased demand for organic meat drives the swine feed minerals market.
Get A Free Sample Of The Global Swine Feed Minerals Market ReportGlobal Swine Feed Minerals Market Segments
The swine feed minerals market covered in this report is segmented –
1) By Product: Starter Feed or Grower Feed, Sow Feed, Pig Grower Feed, Other Products
2) By Ingredients: Cereal, Oilseed Meal, Oil, Molasses, Other Ingredients
3) By Additives: Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers, Other Additives
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
Asia-Pacific was the largest region in the swine feed minerals market in 2023. The regions covered in the swine feed minerals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Swine Feed Minerals Industry Players
Alltech; Archer Daniels Midland Company; Cargill Inc.; Charoen Pokphand Foods Public Company Limited; Kent Corporation; Nutreco N. V.; BASF SE; Land O'Lakes Inc.; CHR. Hansen Holdings A/S; Lallemand Inc.; Novus International Inc.; De Heus B. V.; Forfarmers B. V.; J. D. Heiskell & Company Inc.; Associated British Foods plc; Keystone Mills Inc.; Koninklijke DSM N. V.; Purina Mills LLC; New Hope Group Co. Ltd.; Guangdong Haid Group Co. Ltd.; Zhengbang Group Co. Ltd.; Guangxi Yangxiang Co. Ltd.; COOPERL Atlantic Arc; Iowa Select Farms Inc.; Beijing Dabeinong Technology Group Co. Ltd.; COFCO Group; Vall Companys Group; Seara Foods; The Maschhoffs; Miratorg Agribusiness Holding; Muyuan Foodstuff Co. Ltd.; Wens Food Group Co. Ltd.; Triumph Foods
Get The Full Global Swine Feed Minerals Market Report
Swine Feed Minerals Market Overview
Swine feed minerals refer to swine feed with a sufficient amount of energy, protein, minerals, and vitamins. Pigs require protein sources to grow and to improve performance. These minerals are used as feed for pigs.
Swine Feed Minerals Global Market Report 2023 provides data on the global swine feed minerals market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The swine feed minerals market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.