Swine Feed - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026 - 2031)

According to Mordor Intelligence, the swine feed market size is projected to expand from USD 159.64 billion in 2025 and USD 168.40 billion in 2026 to USD 220.60 billion by 2031, registering a CAGR of 5.50% between 2026 to 2031.

This report is Segmented by Ingredients (Cereals, Cereals by Products, Oilseed Meal, Oils, Molasses, and More), by Supplements (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Acidifiers, and More), by Life Stage (Starter, Grower, and Finisher) and by Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Global Swine Feed Market Trends and Insights

Feed Enzyme Cost-Efficiency Gains

Multi-enzyme cocktails deliver a 4-6% feed-conversion improvement, equivalent to a USD 8-12 extra margin per finished pig when corn exceeds USD 6 per bushel. Chinese provinces mandated digestible-phosphorus thresholds in 2025, effectively requiring phytase in every registered formula and accelerating adoption beyond 35% penetration levels in the Asia-Pacific region. Liquid-stable formats that withstand 85 °C pelleting now dominate launches, eliminating a former technical barrier. European feed mills report that enzyme ROI surpasses that of synthetic amino acids in grower diets, shifting their focus toward customized blends that match specific grain matrices. Enzyme suppliers leverage patent-protected thermostable variants, improving competitive insulation and nudging margins toward 25% gross levels compared with 8-10% for commodity supplements. The technology cascade arrives in South America as integrators seek cost buffers against crop-price swings, sustaining steady demand over the medium term. Regulatory acceptance remains favorable because enzymes lower total phosphorus excretion, supporting environmental compliance targets.

Mycotoxin Risk-Management Mandates

Aflatoxin and deoxynivalenol losses reached USD 6-18 billion globally in 2025, prompting regulators to tighten thresholds. The European Union has reduced aflatoxin B1 limits in complete feed to 15 µg/kg, while China imposes random mycotoxin checks at provincial borders, creating operational disruptions for importers that once relied solely on port clearance. Toxin-binder volumes, encompassing yeast cell wall extracts and aluminosilicate clays, expanded 12% year on year, outpacing overall additive growth. The ISO 17025 laboratory capacity remains a constraint; a seven- to ten-day turnaround during harvest peaks forces mills to choose between accepting price premiums on certified grain and incurring rejection risk. Mills achieving verified low-mycotoxin status command 3-5% price premiums in export-oriented nursery feeds. Equipment vendors market on-site rapid test kits, but their higher false-negative rates keep full-lab confirmation in demand. Government subsidies for rapid-test technology in Vietnam and the Philippines could shorten detection times and broaden adoption among smallholders across the Asia-Pacific region.

Other drivers and restraints analyzed in the detailed report include:

1. Precision-Feeding Sensor Adoption
2. Antibiotic-Reduction Policies
3. Volatile Corn and Soybean Prices
4. Tight Vitamin A and E Supply Chains

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Cereals maintained 58.4% ingredient share in 2025, reflecting their dual role in supplying energy and pellet structure. Wheat and barley account for 35-40% of European inclusion, where local agronomics prevail, while corn dominates at over 70% in the Americas and Asia. The supplements sub-segment, although accounting for a low share of the value, is growing at a 6.5% CAGR as nutritionists seek marginal feed-conversion improvements that outweigh the additional cost.

Oilseed meals hold a major share but face gradual substitution by insect meal and single-cell proteins as cost parity nears. Cereal by-products serve as cost buffers when grain prices peak. However, variable nutrient profiles and higher mycotoxin susceptibility limit their share of the premium formula. Oils and fats, though small by tonnage, earn attention for both energy density and dust suppression, while molasses grows significantly on the back of liquid-feeding systems. High-margin niche items, such as encapsulated butyrate, medium-chain triglycerides, and oregano extract, cluster in the "Others" basket and deliver gross margins of 30-50%, compared with commodity additions' 5-8%.

Complete Report Scope:

• By Ingredient Type
  • Cereals
  • Cereal By-products
  • Oilseed Meals
  • Oil
  • Molasses
  • Supplements
  • Others
• By Supplement Type
  • Vitamins
  • Amino Acids
  • Antibiotics
  • Enzymes
  • Anti-oxidants
  • Acidifiers
  • Probiotics and Prebiotics
  • Others
• By Life Stage
  • Starter
  • Grower
  • Finisher
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
    • Rest of North America
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • Spain
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Vietnam
    • Philippines
    • Rest of Asia-Pacific
  • Middle East
    • Saudi Arabia
    • Iran
    • Rest of Middle East
  • Africa
    • South Africa
    • Nigeria
    • Rest of Africa

Geography Analysis

In 2025, the Asia-Pacific region accounted for 46.3% of the global swine feed market value, primarily driven by China's hog inventory of approximately 400-450 million heads, which represents around half of the global swine population[3]. The market in this region is projected to grow at a significant CAGR through 2031, driven by increasing industrialization in countries such as Vietnam and the Philippines. In these nations, smallholder farms are transitioning to commercial operations with 500-1,000 heads, creating demand for consistent, formulated feeds instead of farm-mixed rations. China's recovery from African Swine Fever (ASF) emphasizes biosecurity and traceability, benefiting large-scale integrators such as New Hope Group and Guangdong Haid Group, while reducing reliance on village-level mills. However, regional fragmentation remains a challenge. For instance, Indonesia and Thailand continue to have on-farm mixing rates of 30-40%, which limits the penetration of commercial feed. This presents opportunities for suppliers who can effectively demonstrate return on investment (ROI) to cost-conscious producers.

South America emerges as one of the fastest-growing regions, propelled by Brazil's expanding pork export capacity and Argentina's regulatory modernization in animal nutrition. Brazil's pork exports are projected to increase by 6.6% in 2025 to 1.22 million tons, necessitating domestic feed production growth of approximately 2.8% to support breeding operations and meet both domestic and international demand. The region's competitive advantage stems from low labor and feed costs, with companies like GSI targeting nearly USD 200 million in revenue within five years through the expansion of automation solutions for post-harvest systems.

Africa accounts for a good share of the market but is growing at a 6.9% CAGR, the fastest globally, driven by urbanization, increasing pork demand, and gradual improvements in infrastructure. South Africa and Nigeria contribute 60% of the region's feed demand. While urbanization and rising protein consumption support growth, challenges such as unreliable electricity, inadequate cold chain systems, and fragmented distribution networks restrict commercial feed penetration to 25-30% of total swine production. However, as logistics improve, significant opportunities for expansion remain.

1. Cargill Incorporated
2. New Hope Group Co. Ltd.
3. Charoen Pokphand Foods PCL (CP Group)
4. Archer Daniels Midland Company
5. Nutreco N.V. (SHV Holdings)
6. Purina Animal Nutrition LLC (Land O'Lakes, Inc.)
7. Alltech, Inc
8. De Heus Animal Nutrition
9. ForFarmers Group
10. Guangdong Haid Group Co., Ltd.
11. Wens Foodstuff Group Co., Ltd.
12. Kent Nutrition Group (Kent Corporation)
13. FEED ONE CO., LTD (Mitsubishi Corporation)
14. Adisseo (China National Bluestar (Group) Co., Ltd.)
15. CJ CheilJedang (CJ Group)

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support