PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1401138
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1401138
North America Swine Feed Market, By Product Type (Grower, Starter, Sow); By Feed Essence (Vitamins, Antioxidants, Feed Acidifiers, Feed Enzymes, Amino Acids); By Form (Pellets, Mash, Crumbles); By Country (United States, Canada), 2019-2029
North America Swine Feed Market Size Set to Grow at Steady CAGR of 3.22% Touching USD 53.86 Billion by 2029
North America Swine Feed Market is flourishing due to an increasing demand for high quality pork, advancements in feed technology, and a growing focus on animal nutrition.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the North America Swine Feed Market size at USD 44.54 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the North America Swine Feed Market size to grow at a CAGR of 3.22% reaching a value of USD 53.86 billion by 2029. The North America Swine Feed Market is propelled by rising pork consumption, increasing swine production, and advancements in feed technology. Growing awareness about the significance of balanced nutrition for swine health, coupled with the adoption of specialized feeds to enhance growth and productivity, drives market expansion. Also, the emphasis on sustainable and efficient feed formulations, along with the integration of innovative ingredients, further stimulates market growth. Regulatory support for quality standards in feed production and the prevalence of large-scale commercial swine farming also contribute to the robust development of the North America Swine Feed Market.
Opportunity - Introduction of New Feed Additives and Supplements
With the increasing launch of innovative feed additives and supplements, there's a lucrative opportunity for stakeholders. The swine feed industry is witnessing a transformative phase, driven by advancements in nutrition science and technology. Producers can capitalize on this trend by integrating cutting-edge additives to enhance swine health and performance. The North America Swine Feed Market's expansion is fueled by a growing demand for high-quality pork products and a focus on sustainable and efficient farming practices. To stay ahead in the North America Swine Feed Market, major players in the market embrace the latest feed solutions that optimize production and meet evolving consumer preferences.
Impact of Escalating Geopolitical Tensions on North America Swine Feed Market
The North America Swine Feed Market is facing notable repercussions due to escalating geopolitical tensions, particularly influenced by the Russia-Ukraine war. The conflict has disrupted global supply chains, impacting the availability of crucial raw materials for swine feed production. Sanctions imposed on Russia have further exacerbated these challenges, potentially limiting the movement of key ingredients. The uncertainty surrounding geopolitical developments has led to market volatility, affecting investment decisions and budget allocations by key players in the swine feed industry. Also, the geopolitical strain may hinder international collaborations and research partnerships essential for advancements in feed technology. Despite these challenges, the North America Swine Feed Market could see opportunities for growth as industry stakeholders may prioritize resilient supply chain strategies and invest in research and development to address geopolitical-related disruptions. Navigating these complexities requires strategic adaptation and resilience in the face of evolving geopolitical scenarios.
North America Swine Feed Market - By Form
By form, North America Swine Feed Market is divided into Pellets, Mash, and Crumbles segments. The pellets segment stands out as the largest, contributing significantly to the market's overall dynamics. Pelleted swine feed is popular for its convenience and uniformity, offering a balanced nutritional profile to meet the dietary needs of swine. The pellets segment's dominance is attributed to factors such as ease of handling, reduced wastage, and enhanced feed efficiency. This segment's prevalence underscores the industry's emphasis on optimizing feed formulations and delivery methods to support the health and productivity of swine across North America. As the swine farming sector continues to evolve, the Pellets segment remains pivotal in shaping the trajectory of the regional swine feed market.
Competitive Landscape
North America Swine Feed Market is fiercely competitive. Major companies in the market include Cargill, Incorporated, Land O Lakes Inc., ADM, Lallemand Inc., Kent Nutrition Group, Alltech, Provimi North America, Inc., GVF Group of Companies, United Animal Health, and BASF SE. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the North America Swine Feed Market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of North America Swine Feed Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in North America Swine Feed Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Type Overview
- 1.3. Market Segmentation
2. Executive Summary
3. North America Swine Feed Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growing demand for organic pork meat
- 3.2.1.2. Surging demand for high-quality meat
- 3.2.2. Restraints
- 3.2.2.1. Volatility in price of raw materials
- 3.2.2.2. Increasing consumer demand for antibiotic-free products
- 3.2.3. Opportunities
- 3.2.3.1. Increasing launch of new feed additives and supplements
- 3.2.3.2. Technological advancements in feed formulation
- 3.2.4. Challenges
- 3.2.4.1. Disease outbreaks and health concerns
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. North America Swine Feed Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Product Type
- 4.2.1.1. Grower
- 4.2.1.2. Starter
- 4.2.1.3. Sow
- 4.2.1.4. Others
- 4.2.2. By Feed Essence
- 4.2.2.1. Vitamins
- 4.2.2.2. Antioxidants
- 4.2.2.3. Feed Acidifiers
- 4.2.2.4. Feed enzymes
- 4.2.2.5. Amino acids
- 4.2.2.6. Others
- 4.2.3. By Form
- 4.2.3.1. Pellets
- 4.2.3.2. Mash
- 4.2.3.3. Crumbles
- 4.2.4. By Country
- 4.2.4.1. United States
- 4.2.4.2. Canada
- 4.2.1. By Product Type
5. United States Swine Feed Market
- 5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Product Type
- 5.2.2. By Feed Essence
- 5.2.3. By Form
6. Canada Swine Feed Market
- 6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Product Type
- 6.2.2. By Feed Essence
- 6.2.3. By Form
7. Competitive Landscape
- 7.1. List of Key Players and Their Offerings
- 7.2. North America Swine Feed Company Market Share Analysis, 2022
- 7.3. Competitive Benchmarking, By Operating Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
8. Impact of COVID-19 on North America Swine Feed Market
9. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 9.1. Cargill, Incorporated
- 9.2. Land O Lakes Inc.
- 9.3. ADM
- 9.4. Lallemand Inc.
- 9.5. Kent Nutrition Group
- 9.6. Alltech
- 9.7. Provimi North America, Inc.
- 9.8. GVF Group of Companies
- 9.9. United Animal Health
- 9.10. BASF SE
- 9.11. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents, By Region
- 11.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 North America Swine Feed Segmentation
- Figure 2 North America Swine Feed Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 North America Swine Feed Market Size, By Value (USD Million), 2019-2029
- Figure 5 North America Swine Feed Market Share, By Product Type, By Value, 2019-2029
- Figure 6 North America Swine Feed Market Share, By Feed Essence, By Value, 2019-2029
- Figure 7 North America Swine Feed Market Share, By Form, By Value, 2019-2029
- Figure 8 North America Swine Feed Market Share, By Country, By Value, 2019-2029
- Figure 9 United States Swine Feed Market Size, By Value (USD Million), 2019-2029
- Figure 10 United States Swine Feed Market Share, By Product Type, By Value, 2019-2029
- Figure 11 United States Swine Feed Market Share, By Feed Essence, By Value, 2019-2029
Figure 11 United States Swine Feed Market Share, By Form, By Value, 2019-2029
- Figure 13 Canada Swine Feed Market Size, By Value (USD Million), 2019-2029
- Figure 14 Canada Swine Feed Market Share, By Product Type, By Value, 2019-2029
- Figure 15 Canada Swine Feed Market Share, By Feed Essence, By Value, 2019-2029
- Figure 16 Canada Swine Feed Market Share, By Form, By Value, 2019-2029
List of Tables
- Table 1 North America Swine Feed Segmentation
- Table 2 North America Swine Feed Market Value Chain Analysis
- Table 3 Company Market Size Analysis, 2022
- Table 4 North America Swine Feed Market Size, By Value (USD Million), 2019-2029
- Table 5 North America Swine Feed Market Share, By Product Type, By Value, 2019-2029
- Table 6 North America Swine Feed Market Share, By Feed Essence, By Value, 2019-2029
- Table 7 North America Swine Feed Market Share, By Form, By Value, 2019-2029
- Table 8 North America Swine Feed Market Share, By Country, By Value, 2019-2029
- Table 9 United States Swine Feed Market Size, By Value (USD Million), 2019-2029
- Table 10 United States Swine Feed Market Share, By Product Type, By Value, 2019-2029
- Table 11 United States Swine Feed Market Share, By Feed Essence, By Value, 2019-2029
- Table 12 United States Swine Feed Market Share, By Form, By Value, 2019-2029
- Table 13 Canada Swine Feed Market Size, By Value (USD Million), 2019-2029
- Table 14 Canada Swine Feed Market Share, By Product Type, By Value, 2019-2029
- Table 15 Canada Swine Feed Market Share, By Feed Essence, By Value, 2019-2029
- Table 16 Canada Swine Feed Market Share, By Form, By Value, 2019-2029
- Table 17 Cargill, Incorporated Company Overview
- Table 18 Cargill, Incorporated Financial Overview
- Table 19 Land O Lakes Inc. Company Overview
- Table 20 Land O Lakes Inc. Financial Overview
- Table 21 ADM Company Overview
- Table 22 ADM Financial Overview
- Table 23 Lallemand Inc. Company Overview
- Table 24 Lallemand Inc. Financial Overview
- Table 25 Kent Nutrition Group Company Overview
- Table 26 Kent Nutrition Group Financial Overview
- Table 27 Alltech Company Overview
- Table 28 Alltech Financial Overview
- Table 29 Provimi North America, Inc. Company Overview
- Table 30 Provimi North America, Inc. Financial Overview
- Table 31 GVF Group of Companies Company Overview
- Table 32 GVF Group of Companies Financial Overview
- Table 33 United Animal Health Company Overview
- Table 34 United Animal Health Financial Overview
- Table 35 BASF SE Company Overview
- Table 36 BASF SE Financial Overview
