How fast is the swine feed market expected to grow?
The global swine feed market is projected to grow at a steady 3.2% CAGR between 2023 and 2030, driven by rising pork consumption and demand for quality meat.
Which region is the largest consumer of swine feed?
Asia-Pacific dominates the swine feed market, with China leading the way in pork production and consumption. South East Asia also plays a significant role as a major exporter and producer.
Who are the major players in the swine feed market?
Global giants like Nutreco N.V., BASF, Land O Lakes Purina, and Cargill Inc. hold significant market shares. They continuously innovate and expand to cater to the growing demand for high-quality swine feed.
What are the key ingredients in swine feed?
Cereals like rice bran, maize, and soybeans form the base of swine feed, supplemented with oilseeds, vitamins, minerals, and essential amino acids for optimal nutrition and growth.