Data Bridge Market Research analyses that the swine feed minerals market which was growing at a value of 126.2 billion in 2021 and is expected to reach the value of USD 216.84 billion by 2029, at a CAGR of 7.00% during the forecast period of 2022 to 2029.
Swine feed minerals are natural or synthetic ingredients that are added to feed to improve performance. The primary goal of these is to keep the feed's components intact and prevent decomposition. They improve animal health by reducing livestock diseases and improving feed stability and quality.
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Some of the major players operating in the swine feed minerals market are:
- CHR. Hansen Holdings A/S (Denmark)
- Lallemand Inc. (Canada)
- Novus International (U.S)
- DSM (Netherlands)
- BASF SE (Germany)
- Alltech (U.S)
- ADM (U.S)
- Charoen Popkhand Foods PCL (Thailand)
- Associated British Foods plc (U.K.)
- Cargill Incorporated (U.S)
- Kent Corporation (U.S)
- Keystone Mills (U.S)
- Kreamer Feed (U.S)
Global Swine Feed Minerals Market Scope:
Global swine feed minerals market is segmented on the basis of product, additive and ingredients. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Starter feed \grower feed
- Sow feed
- Pig grower feed
- Others
On the basis product, the swine feed minerals market is segmented into starter feed, grower feed, sow feed, pig grower feed and others.
Additive
- Antibiotics
- Vitamins
- Antioxidants
- Amino acids
- Feed enzymes
- Feed acidifiers
- Others
On the basis of additive, the swine feed minerals market is segmented into antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers and others.
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Swine Feed minerals Market Regional Analysis/Insights:
The swine feed minerals market is analysed and market size insights and trends are provided by country, product, additive and ingredients as referenced above.
The countries covered in the swine feed minerals market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia is the most dominating pork consumption and production market, accounting for roughly half of global output. The Asia-Pacific region is the largest market for swine feed products. South-East Asia is the world's largest pork producer and exporter, followed by Europe and North America. Since ancient times, pork meat has been consumed in the region and is the most popular meat due to its high-fat content and flavor. China is the largest pork producer's market, followed by Vietnam, Thailand, South Korea, Japan, and the Philippines. Japan, South Korea, and Taiwan are saturated pork consumption markets, while Vietnam and the Philippines are emerging markets.
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