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Swine Feed Market Report and Forecast 2025-2034
The global swine feed market was valued at approximately USD 134.45 billion in 2024 and is projected to grow at a CAGR of 4.50% during 2025–2034, reaching around USD 208.80 billion by 2034.
Pigs are farmed in many countries, though the leading consuming countries are in Asia. This is due to the significant international and even intercontinental trade in live and slaughtered pigs. Despite having the world's largest pig population, China is a net importer of pigs and has been increasing its imports during its economic development. The largest exporters of pigs are the United States, the European Union, and Canada.
As a part of modern livestock management, feed additives play an essential role in animal nutrition. They improve the characteristics of the feed to render health benefits by improving the digestibility and increasing the nutritional content and palatability of the meal. Various feed additives are blended with the spread in varying quantities, depending on the breed, and growing phase and the surrounding environment and its impact on them. For instance, the calcium content required for a starter pig is 0.8%, whereas it is 0.6% in a finisher pig.
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The growth in pork production has simultaneously helped develop the swine feed market, as feed cost is the major component, accounting for 70% to 80% of the total cost of pig meat production. Therefore, the price of feed ingredients has a substantial impact on the price of producing pork. Higher feed prices can quickly convert profits into losses.
Headquarters: | Heerlen, Netherlands |
Establishment: | 1902 |
Website: | https://www.dsm.com/corporate/home.html |
Koninklijke DSM NV (Royal DSM, commonly known as DSM) is a Dutch multinational corporation active in health, nutrition and materials. Headquartered in Heerlen, at the end of 2017, DSM employed 21,054 people in approximately 50 countries. The company delivers innovative business solutions for human nutrition, animal nutrition, personal care and aroma, medical devices, green products and applications, and new mobility and connectivity. The company is listed on Euronext Amsterdam.
Headquarters: | Montreal, Canada |
Establishment: | 1915 |
Website: | https://www.lallemand.com/ |
Lallemand Inc. is a privately-owned company that researches, develops, produces and markets yeasts, bacteria and other microorganisms to reproduce, manage and optimizing natural fermentation processes in the agri-food industries. Today, Lallemand employs more than 4300 people working across more than 45 countries, on 5 continents.
Headquarters: | Wayzata, Minnesota, United States |
Establishment: | 1865 |
Website: | https://www.cargill.com |
Cargill is an American privately held global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Founded in 1865, it is the largest privately held corporation in the United States regarding revenue. The company is continuously developing products that give consumers just what they’re seeking, advancing nutrition, food safety and sustainability.
Headquarters: | Muscatine, Iowa, United States |
Establishment: | 2010 |
Website: | https://kentnutritiongroup.com/ |
The Kent Nutrition Group is an animal nutrition company based in Muscatine, Iowa. It operates under the brands Kent and Blue Seal and is a subsidiary of the Kent Corporation. Kent Nutrition Group is dedicated to helping them both bring their legacies of quality products to even more customers who are seeking the highest quality nutrition for their animals — whether for livestock, horses, pets or small animals.
Headquarters: | St. Charles, Missouri, United States |
Establishment: | 1991 |
Website: | www.novusint.com |
Novus International, Inc., headquartered in metro St. Charles, Missouri, United States, is an animal health and nutrition company. It serves customers ranging from animal nutritionists to veterinarians to individual animal owners. Novus is privately owned by Mitsui & Co. (US) and Nippon Soda Co., Ltd. and operates in over 90 countries. Novus's products include amino acids, organic trace minerals, feed preservatives, and various nutrition and health products.
Neha Gawande
Neha is an experienced market intelligence professional with more than 5 years of expertise in conducting research across various industries, such as food and beverage, automotive, construction, and agriculture, among others. She specializes in primary research with industry experts, secondary research, and report writing. Neha has a strong expertise in supply chain analysis and competitive analysis, including Porter's Five Forces model and market share analysis.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office) +
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia +
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India +
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines +
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom +
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam +
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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