Asia Pacific Pig Food Market By Product Type (Starter, Grower and Finisher), By Form (Pellets, Mash, Crumbs), By Additives (Vitamins, Feed Enzymes, Antioxidants, Antibiotics, Amino Acids, and Others), By Country, Competition Forecast and Opportunities, 2027
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationThe Asia Pacific Pig Food market is expected to grow at an impressive pace during the forecast period. Pig food includes differently prepared, partially prepared, and raw foods that are created by blending different necessary nutrients. They aid in preserving the pigs' health and well-being. Natural corn, soybean, and wheat-based ingredients are some raw materials used to make pig food. In 2021, there were more than 750 million pigs across the globe.
The Asia-Pacific pig food market is expanding primarily owing to rising demand for pig meat in numerous nations, including China, Vietnam, Thailand, etc. To improve the flavor and texture of the pork, numerous local producers are also adding vitamin supplements and other nutrients to the pig food. Additionally, the Asia Pacific region is seeing an increase in pig food mills as people become more aware of the various nutritional advantages of pig food. Accordingly, many pig farmers are converting from traditional pig food to premium and functional substitutes that help raise pigs' resistance to enzootic diseases.
Rising Demand for Pork Meat Drives the Market Growth
In many developing countries, especially in Asia, pork reigns supreme as the go-to meat. You see it everywhere because it's easier on the wallet than, say, beef. And with the growing middle class, more money to spend, and people wanting a bit more variety, pork's popularity is only going up! Countries like China, Vietnam, and Indonesia are big fans, both producing and eating tons of it. Plus, it's a pretty good deal health-wise – pork often has more protein and less fat and cholesterol compared to beef and other meats, making it a nutritious choice. It's a readily available and affordable way for people in these regions to get their protein, a great source of animal protein really.
Increasing Consumer Awareness Regarding Animal Health Fuels the Market Growth
The market is expected to grow as animal health is given more attention. Demand for animal feed will almost certainly rise as cattle farming grows. Humans' increasing desire for animal-based food is expected to increase market demand. Supporters of natural growth can be counted on to be active in the market as they gain traction. Demand for the market has increased owing to consumer awareness regarding the benefits of using feed additives to reduce diseases such as
Rising Demand for High-value Animal Protein Drives the Market Growth
The livestock sector has come under increasing pressure to meet the growing demand for meat and high-quality animal protein. Global livestock production has increased due to urbanization, rising income in developing countries, and population growth. An increase in the consumption of animal protein sources is anticipated as public awareness of the value of diets high in
Advance Technology Drives Market Growth
With the rapid advancement of technology in recent years, the feed manufacturing sector has seen several innovations that have improved the manufacturing process. Pelletizing is one such technology. It is a practical way to enhance bulk density, improve feed handling, reduce dustiness, and reduce diet segregation. Additionally, producers are developing cutting-edge product variants such as premixed pig food, which is expected to give the market for pig food an additional boost during the forecast period.
Market Segmentation
Asia Pacific pig food market is segmented
Market Players
Charoen Pokphand Foods PCL, Cargill Inc., New Hope Group, Alltech Biotechnology Corporation Co., Ltd., ADM Animal Nutrition, Chr. Hansen Holding A/S, Lallemand Inc., BASF SE, and Alltech, Inc. are the major market players in Asia Pacific pig food market.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Product Type· Form· Additives· Country |
| Countriesscope | China, India, Japan, Vietnam, South Korea, Indonesia, Thailand, Malaysia, Singapore, and Taiwan. |
| Key companies profiled | Charoen Pokphand Foods PCL, Cargill Inc., New Hope Group, Alltech Biotechnology Corporation Co., Ltd., ADM Animal Nutrition, Chr. Hansen Holding A/S, Lallemand Inc., BASF SE, Alltech, Inc., etc. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope
in this report, Asia Pacific pig food Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below
- Asia Pacific Pig Food Market, By Product Type
- Starter
- Grower
- Finisher
- Asia Pacific Pig Food Market, By Form
- Pellets
- Mash
- Crumbs
Asia Pacific Pig Food Market
- Vitamins
- Feed Enzymes
- Antioxidants
- Antibiotics
- Amino acids
- Others
- Asia Pacific Pig Food Market, By Region
- China
- India
- Japan
- Vietnam
- South Korea
- Indonesia
- Thailand
- Malaysia
- Singapore
- Taiwan
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