Market Report

Swine Feed Market Overview: According to the United States Department of Agriculture, in 2018 the global pork production increased by 113.1 million tonnes which is almost 2% increase as compared to 2017.[1] Increasing pork production on a global platform is a major driving factor for the swine feed market growth. Owing to the bolstering demand, the global swine feed market had a valuation of $130.2 billion as of 2018. Furthermore, the demand poised to stimulate with a CAGR of 6.21% during the forecast period 2019-2025. In 2018, APAC had the maximum swine feed market share of 32%. The high consumption and production of swine feed was identified in APAC. A major contributor to this is China, followed by South East Asian Market: Philippines, Thailand, and Vietnam. China is a major pork consumer, according to Ministry of Agriculture and Rural Affairs, China’s pork imports is expected to increase by more than 40% over 2018, that is 1.7 million metric tonnes in 2019, and also the imports ar...

Swine Feed Market Overview: According to the United States Department of Agriculture, in 2018 the global pork production increased by 113.1 million tonnes which is almost 2% increase as compared to 2017.[1] Increasing pork production on a global platform is a major driving factor for the swine feed market growth. Owing to the bolstering demand, the global swine feed market had a valuation of $130.2 billion as of 2018. Furthermore, the demand poised to stimulate with a CAGR of 6.21% during the forecast period 2019-2025. In 2018, APAC had the maximum swine feed market share of 32%. The high consumption and production of swine feed was identified in APAC. A major contributor to this is China, followed by South East Asian Market: Philippines, Thailand, and Vietnam. China is a major pork consumer, according to Ministry of Agriculture and Rural Affairs, China’s pork imports is expected to increase by more than 40% over 2018, that is 1.7 million metric tonnes in 2019, and also the imports ar...