Swine Feed Minerals Global Market Report 2024

Description

“Swine Feed Minerals Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on swine feed minerals market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for swine feed minerals? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The swine feed minerals market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

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
Companies Mentioned: Alltech; Archer Daniels Midland Company; Cargill Inc.; Charoen Pokphand Foods Public Company Limited; Kent Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Swine feed minerals pertain to swine feed that contains an adequate balance of energy, protein, minerals, and vitamins essential for the well-being of pigs. Pigs require protein sources to support growth and enhance overall performance, and these minerals serve as a crucial component in their feed.

The primary products within the category of swine feed minerals include starter feed or grower feed, sow feed, pig grower feed, and other related products. Starter feed specifically addresses the protein needs of young chicks, providing a protein-dense formula tailored to meet the dietary requirements of baby pigs. The ingredients typically include cereals, oilseed meals, oils, and molasses. Additionally, various additives are incorporated, such as antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers, and other supplements to ensure a well-balanced nutritional profile.

The swine feed minerals market research report is one of a series of new reports from The Business Research Company that provides swine feed minerals market statistics, including swine feed minerals industry global market size, regional shares, competitors with a swine feed minerals market share, detailed swine feed minerals market segments, market trends and opportunities, and any further data you may need to thrive in the swine feed minerals industry. This swine-feed minerals market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The swine feed minerals market size has grown rapidly in recent years. It will grow from $136. 23 billion in 2023 to $150. 64 billion in 2024 at a compound annual growth rate (CAGR) of 10. 6%. The growth observed in the historical period can be attributed to factors such as improvements in feed efficiency, increased awareness of nutritional needs, efforts in disease prevention, and the intensification of livestock management practices.

The swine feed minerals market size is expected to see rapid growth in the next few years. It will grow to $221. 3 billion in 2028 at a compound annual growth rate (CAGR) of 10. 1%. The anticipated growth in the forecast period can be attributed to factors like population growth, an increased focus on sustainable farming practices, regulatory changes, and global economic trends. Major trends expected during this period include technological advancements, a heightened demand for specialty minerals, a growing adoption of precision nutrition in feed, the expansion of organic and natural feed additives, digitalization in farming practices, innovations in mineral delivery systems, and market consolidation within the industry.

The anticipated increase in the demand for organic meat is poised to drive the growth of the swine feed minerals market in the future. Organic meat, known for its health benefits such as lower saturated fat, reduced calories, and higher levels of healthy omega-3 acids, is prompting farm owners to prioritize the health of their pigs. This, in turn, underscores the need for top-quality minerals in swine feeds. For example, SPINS, a wellness-focused data technology company based in the US, reported that approximately 70% of millennial pet owners express a preference for natural and organic products for their pets. Consequently, the demand for organic meat is a significant factor propelling the growth of the swine feed minerals market.

An expected increase in meat consumption is set to drive the growth of the swine feed mineral market. Meat, derived from the flesh of animals used as a food source, is a vital protein and nutrient source consumed by humans globally. The swine industry, a major contributor to meat production, is expanding to meet the rising demand for pork and other meat products. As the swine industry grows to accommodate increased meat consumption, there is a heightened demand for specialized swine feed, including feed minerals. In 2022, according to the Organization for Economic Co-operation and Development, the US meat consumption rose to 10,191. 61 thousand metric tons in 2021. Consequently, the surge in meat consumption is a key driver for the growth of the swine feed minerals market.

Product innovations stand out as a notable trend gaining traction in the swine feed minerals market. Leading companies in this sector are actively developing new product solutions to enhance their market positions. For instance, in November 2022, ADM, a US-based human and animal nutrition company, introduced two products under its SUCRAM range, an in-feed sweetening solution for livestock species. These sweeteners aim to improve feed palatability for young animals, particularly weanling pigs, offering nutritional solutions that enhance feed intake and efficiency for producers while supporting animal health and well-being.

Major companies in the swine feed minerals market are actively engaging in strategic collaborations for company and market development. In November 2022, Elanco Animal Health Incorporated, a US-based animal health company, collaborated with Tonisity International Limited, an Ireland-based animal health and nutrition company. This strategic partnership involved a distribution and promotion agreement for Tonisity's novel gut-enhancing porcine products, Tonisity Px and Tonisity PxW, with Elanco acting as the exclusive distributor in various European markets. Under this agreement, Elanco assumed responsibility for marketing, promoting, distributing, and selling the swine products.

In December 2021, Nutreco, a Dutch producer of animal nutrition, fish feed, and processed meat products, acquired Nutrimin for an undisclosed amount. This acquisition provided Trouw Nutrition, a business under Nutreco, with enhanced access to Danish and Danish-owned farms in Eastern Europe and Russia, strengthening its position in the swine feed minerals market. Nutrimin, a Dutch-based company, specializes in swine feed minerals.

Major companies operating in the in the swine feed minerals market report are 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

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

The countries covered in the swine feed minerals market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The swine feed minerals market consists of sales of zInc., copper, iron, manganese, iodine, and selenium. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r10618

1. Executive Summary

2. Swine Feed Minerals Market Characteristics

3. Swine Feed Minerals Market Trends And Strategies

4. Swine Feed Minerals Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Swine Feed Minerals Market Size and Growth

5.1. Global Swine Feed Minerals Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Swine Feed Minerals Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Swine Feed Minerals Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Swine Feed Minerals Market Segmentation

6.1. Global Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Starter Feed or Grower Feed
Sow Feed
Pig Grower Feed
Other Products
6.2. Global Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Cereal
Oilseed Meal
Oil
Molasses
Other Ingredients
6.3. Global Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Antibiotics
Vitamins
Antioxidants
Amino Acids
Feed Enzymes
Feed Acidifiers
Other Additives

7. Swine Feed Minerals Market Regional And Country Analysis

7.1. Global Swine Feed Minerals Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Swine Feed Minerals Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Swine Feed Minerals Market

8.1. Asia-Pacific Swine Feed Minerals Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. 4. Asia-Pacific Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Swine Feed Minerals Market

9.1. China Swine Feed Minerals Market Overview
9.2. China Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9. 4. China Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Swine Feed Minerals Market

10.1. India Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Swine Feed Minerals Market

11.1. Japan Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Swine Feed Minerals Market

12.1. Australia Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Swine Feed Minerals Market

13.1. Indonesia Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Swine Feed Minerals Market

14.1. South Korea Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Swine Feed Minerals Market

15.1. Western Europe Swine Feed Minerals Market Overview
15.2. Western Europe Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. 4. Western Europe Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Swine Feed Minerals Market

16.1. UK Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Swine Feed Minerals Market

17.1. Germany Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Swine Feed Minerals Market

18. 5. France Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 6. France Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. 7. France Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Swine Feed Minerals Market

19. 9. Italy Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Swine Feed Minerals Market

20.13. Spain Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Swine Feed Minerals Market

21.1. Eastern Europe Swine Feed Minerals Market Overview
21.2. Eastern Europe Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. 4. Eastern Europe Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Swine Feed Minerals Market

22.1. Russia Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Swine Feed Minerals Market

23.1. North America Swine Feed Minerals Market Overview
23.2. North America Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. 4. North America Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Swine Feed Minerals Market

24.1. USA Swine Feed Minerals Market Overview
24.2. USA Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. 4. USA Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Swine Feed Minerals Market

25.1. Canada Swine Feed Minerals Market Overview
25.2. Canada Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. 4. Canada Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Swine Feed Minerals Market

26.1. South America Swine Feed Minerals Market Overview
26.2. South America Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. 4. South America Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Swine Feed Minerals Market

27.1. Brazil Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Swine Feed Minerals Market

28.1. Middle East Swine Feed Minerals Market Overview
28.2. Middle East Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. 4. Middle East Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Swine Feed Minerals Market

29.1. Africa Swine Feed Minerals Market Overview
29.2. Africa Swine Feed Minerals Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Swine Feed Minerals Market, Segmentation By Ingredients, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. 4. Africa Swine Feed Minerals Market, Segmentation By Additives, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Swine Feed Minerals Market Competitive Landscape And Company Profiles

30.1. Swine Feed Minerals Market Competitive Landscape
30.2. Swine Feed Minerals Market Company Profiles
- 30.2.1. Alltech
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1. 4. Financial Performance
- 30.2.2. Archer Daniels Midland Company
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2. 4. Financial Performance
- 30.2.3. Cargill Inc.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3. 4. Financial Performance
- 30.2. 4. Charoen Pokphand Foods Public Company Limited
  - 30.2. 4.1. Overview
  - 30.2. 4.2. Products and Services
  - 30.2. 4.3. Strategy
  - 30.2. 4. 4. Financial Performance
- 30.2. 5. Kent Corporation
  - 30.2. 5.1. Overview
  - 30.2. 5.2. Products and Services
  - 30.2. 5.3. Strategy
  - 30.2. 5. 4. Financial Performance

31. Global Swine Feed Minerals Market Competitive Benchmarking

32. Global Swine Feed Minerals Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Swine Feed Minerals Market

34. Swine Feed Minerals Market Future Outlook and Potential Analysis

34.1 Swine Feed Minerals Market In 2028 - Countries Offering Most New Opportunities
34.2 Swine Feed Minerals Market In 2028 - Segments Offering Most New Opportunities
34. 3 Swine Feed Minerals Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35. 4. Research Inquiries
35. 5. The Business Research Company
35. 6. Copyright And Disclaimer