Global Swine Feed Additives Market, By Additive Type (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Flavors and Sweeteners, Pigments, Binders Acidifiers, Minerals), Form (Pellets, Crumbles, Mash, Others), Product (Starter Feed, Grower Feed, Sow Feed, Others), Source (Synthetic, Natural), Function (Palatability Enhancement, Mycotoxin Management, Gut Health and Digestive Performance, Preservation of Functional Ingredients, Others), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Swine Feed Additives Market
Swine feed additives market is expected to expand at a compound annual growth rate of 6.50% over the forecast period of 2021 to 2028. The high consumption in eggs, meat, dairy products and animal items are the factor for the swine feed additives market in the forecast period of 2021 to 2028.
The adding up of feed additives such as sweeteners and flavors help to improve the deliciousness of the feed. This in turn leads to a high feed eating by the livestock animals making them perform in good health as is also flourishing the growth of the swine feed additives market over the forecast period of 2021 to 2028. The increasing incidences of disease outbreaks in livestock will also accelerate the demand for swine feed additives market. Likewise, adverse impact on the environment, innovations in animal husbandry and increasing consumption of animal products such as meat, dairy products and eggs are some of key determinants expected to drive the swine feed additives market growth. Also, the encapsulation in feed acidifiers, modernization in animal husbandry, growing epidemic outbreaks in livestock, undesirable impacts on the environment owing to emission of greenhouse gasses, increasing consumption of meat and animal products will also have positive impact the swine feed additives market. The main factor contributing to the thriving rise in global demand for swine feed additives is the currently high disease infliction rate among typical farm animals. Moreover, the increasing animal product utilization and rising occurrence of diseases and infections in the livestock animals boost the safety and worry issues and are the most important aspects for the global swine feed additives market.
However, the increasing operational and raw material costs as well as the irregularity in regulatory structure will limit the growth of swine feed additives market in the above mentioned forecast period, whereas the low adoption of feed additives have the potential to challenge the growth of the swine feed additives market. In addition, rapidly increasing demand for natural feed additives will accelerate various growth opportunities for the market to grow over the forecast period of 2021 to 2028.
This swine feed additives market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on swine feed additives market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Swine Feed Additives Market Scope and Market Size
Swine feed additives market is segmented on the basis of additive type, form, product, source and function. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of additive type, the swine feed additives market is segmented into antibiotics, vitamins, antioxidants, amino acids, enzymes, mycotoxin detoxifiers, prebiotics, probiotics, flavors and sweeteners, pigments, binders acidifiers and minerals.
- Based on form, the swine feed additives market is segmented into pellets, crumbles, mash and others.
- On the basis of product, the swine feed additives market is segmented into starter feed, grower feed, sow feed and others.
- Based on source, the swine feed additives market is segmented into synthetic and natural.
- The swine feed additives market is also segmented on the basis of function. The function segment is segmented into palatability enhancement, mycotoxin management, gut health and digestive performance, preservation of functional ingredients and others.
Swine Feed Additives Market Country Level Analysis
Swine feed additives market is analyses and market size, volume information is provided by country, additive type, form, product, source and function as referenced above.
The countries covered in the swine feed additives market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific leads the swine feed additives market because of the growing meat consumption and increasing meat production in emerging countries within this particular region. North America is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to the rising consumption of pork and stringent regulations in this region.
The country section of the swine feed additives market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Swine Feed Additives Market Share Analysis
Swine feed additives market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to swine feed additives market.
The major players covered in the swine feed additives market report are Biomin, DSM, Evonik Industries AG, Impextraco NV, Cargill, Incorporated, BASF SE, NOVUS INTERNATIONAL, Akzo Nobel N.V., Nutreco N.V., Novozymes, Alltech, Adisseo, ADDCON GmbH, Kemin Industries, Inc., Lucta, Brookside Agra, MIAVIT GmbH, JH Biotech, Inc., DuPont, ADM, and Chr. Hansen Holdings A/S among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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