Global Swine Feed Market Size, Share, And Business Benefits By Ingredients (Corn, Soyabean Meal, Oats, Rice bran, Cassava, Vegetables, Sorghum, Wheat, Others), By Diet Type (Starter Diets, Prestarter Diets, Grower Diets, Finisher Diets, Others), By Form (Pellets, Mash, Crumbles), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2025-2034

Report Overview

The Global Swine Feed Market size is expected to be worth around USD 169.1 billion by 2034, from USD 117.6 billion in 2024, growing at a CAGR of 3.7% during the forecast period from 2025 to 2034.

The Swine Feed Market plays a pivotal role in the livestock industry, providing essential nutrition to optimize swine health, growth, and pork production. Swine feed, formulated from ingredients like corn, soybean meal, wheat, and additives such as vitamins, minerals, and amino acids, supports pigs at various growth stages- starter, grower, and finisher.

Grinding cereal grains enhances swine feed efficiency and reduces nutrient excretion, offering a cost-effective approach to improving nutrient utilization. By decreasing particle size, the increased surface area of grain particles facilitates better interaction with digestive enzymes. Specifically, reducing particle size from 1000 to 400 microns improves feed efficiency by approximately 1.3% per 100-micron reduction.

This reduction enhances dry matter (DM) and nitrogen (N) digestibility by 5-6 percentage points. In grow-finish pigs, reducing particle size from 1000 to 700 microns decreases DM and N excretion by 20% and 24%, respectively. For lactating sows, as particle size decreases from 1200 to 400 microns, energy digestibility improves linearly from 83.8% to 90.0%, with DM and N excretion reduced by 21% and 31%, respectively.

Phosphorus (P) excretion also declines with finer grinding, contributing to environmental sustainability. While grinding is a straightforward process, it effectively boosts nutrient utilization and minimizes DM and N losses, providing significant benefits at a low cost to producers. However, finer grinding increases processing costs and reduces mill throughput.

Current estimates indicate that modern grinding equipment incurs an additional cost of USD 0.05 per ton of grain for every 100-micron reduction between 800 and 400 microns. These design improvements enable feed processing systems to achieve particle sizes around 500 microns, particularly when pelleting diets, enhancing pellet durability and optimizing feed efficiency.

Key Takeaways

• The Swine Feed Market is expected to reach USD 169.1 billion by 2034, growing at a 3.7% CAGR from USD 117.6 billion in 2024.
• Corn dominates swine feed ingredients with a 36.8% share due to its nutritional profile and high energy value.
• Starter Diets lead with a 62.7% share, supporting piglet growth and immunity post-weaning.
• Pellets hold a 49.6% share in feed form, favored for efficiency, reduced wastage, and better digestibility.
• North America commands 37.9% of the market, valued at USD 44.5 billion in 2024, driven by advanced farming and regulations.

Analyst Viewpoint

The Swine Feed Market is buzzing with potential for investors, driven by the global appetite for pork, especially in regions like Asia-Pacific and North America. With pork being a staple protein in many diets, the demand for high-quality, nutrient-rich swine feed is on the rise, creating opportunities for investment in innovative feed formulations and sustainable practices. Investing in swine feed isn’t without its challenges.

Fluctuating raw material prices, particularly for corn and soybeans, which dominate feed ingredients, can squeeze profit margins and create uncertainty. Regulatory pressures are another hurdle; the global bans on antibiotics in livestock feed, driven by concerns over antibiotic resistance, are pushing companies to innovate with natural additives like probiotics and essential oils. While this opens doors for R&D-focused firms, it also raises compliance costs.

Companies focusing on alternative protein sources like insect meal or microalgae could see significant growth, as these align with consumer demand for eco-friendly options. Diseases like African Swine Fever (ASF) remain a wildcard, disrupting production and feed demand, especially in Europe and Asia. Investors need to weigh these risks carefully, ensuring they back companies with robust supply chains and a knack for adapting to stricter regulations and consumer shifts toward sustainability.

By Ingredients

Corn Leads the Swine Feed Market with 36.8% Share in 2024

In 2024, Corn held a dominant market position, capturing more than a 36.8% share in the global swine feed ingredients landscape. This leadership is largely driven by corn’s consistent nutritional profile and high energy value, making it a staple in swine diets across both industrial and small-scale pig farming operations.

Corn’s digestibility and its ability to be blended with protein sources such as soybean meal or dried distillers’ grains have made it a preferred base for formulating feed rations, especially in regions like North America, China, and parts of Europe where livestock-intensive farming is prevalent.

As swine producers continue to focus on optimizing feed efficiency to improve weight gain and meat quality, corn’s affordability and availability play a key role in sustaining its dominance. In addition, with the global pork industry recovering from supply chain disruptions seen in prior years, demand for high-yield feed grains like corn has seen a marked rise.

By Diet Type

Starter Diets Secure 62.7% Share in Swine Feed Market by Diet Type in 2024

In 2024, Starter Diets held a dominant market position, capturing more than a 62.7% share in the swine feed market by diet type. This strong lead is primarily due to the critical role starter diets play in the early growth stages of piglets. Right after weaning, piglets face stress and reduced immunity, and starter feeds are specially designed to support their digestive development and boost early weight gain.

These feeds are often rich in high-quality proteins, digestible energy sources, and essential vitamins and minerals, which significantly improve survival rates and overall health during the most vulnerable phase of a pig’s life. As swine farmers increasingly recognize the economic value of healthy early-stage growth, demand for starter diets has risen sharply.

The trend is especially visible in regions like Southeast Asia and Latin America, where small and mid-size pig farms are upgrading their nutritional strategies to meet higher productivity benchmarks. This momentum is expected to continue, with starter diet formulations becoming more sophisticated, incorporating additives like probiotics, organic acids, and enzyme blends to improve gut health and nutrient absorption.

By Form

Pellets Dominate Swine Feed Form Market with 49.6% Share in 2024

In 2024, Pellets held a dominant market position, capturing more than a 49.6% share in the swine feed market by form. This widespread adoption is largely attributed to the efficiency and convenience that pellets offer in both storage and feeding processes. Farmers favor pellet feed because of its uniform shape, reduced wastage, and better digestibility, which leads to improved feed conversion ratios.

The pellet form also contributes to better herd health by limiting selective feeding, ensuring that pigs consume the full mix of nutrients intended in each meal. In many commercial farms across Europe, China, and North America, pellet feed has become the standard, thanks to its ability to promote consistent growth and support intensive production systems.

The popularity of pellets is expected to grow further as more producers invest in automated feeding systems that are optimized for pellet distribution. There’s also increasing interest in customizing pellet formulations with specific additives, like enzymes, prebiotics, and growth promoters, to meet precise nutritional needs.

Key Market Segments

By Ingredients

• Corn
• Soybean Meal
• Oats
• Rice bran
• Cassava
• Vegetables
• Sorghum
• Wheat
• Others

By Diet Type

• Starter Diets
• Prestarter Diets
• Grower Diets
• Finisher Diets
• Others

By Form

• Pellets
• Mash
• Crumbles

Drivers

Rising Global Pork Demand Fuels Swine Feed Market Growth

One of the primary drivers of the swine feed market is the increasing global demand for pork. In 2024, global pig meat production was projected to reach 124 million tonnes, indicating a significant demand for swine feed to support this level of production. This upward trend in pork production underscores the necessity for efficient and nutritious swine feed.

As producers aim to meet the growing demand, the focus on optimizing feed formulations becomes paramount. The need for high-quality feed that promotes rapid growth and health in pigs is more critical than ever. Government initiatives also play a pivotal role in this dynamic.

The Indian government’s efforts to promote sustainable agriculture and livestock development have led to increased support for swine farming practices. Such policies not only encourage pork production but also emphasize the importance of quality feed in achieving desired outcomes. The escalating global demand for pork is a significant factor propelling the swine feed market forward.

Restraints

Volatile Grain Prices Pose Major Challenge to Swine Feed Industry

One of the biggest challenges facing the swine feed industry in 2024 and 2025 is the unpredictable cost of feed grains like corn, wheat, and barley. These grains are essential ingredients in pig diets, and their price swings can significantly impact the cost of raising pigs.

According to the Food and Agriculture Organization (FAO), the Cereal Price Index averaged 111.0 points in April 2025, marking a 1.2% increase from March. This rise was driven by higher prices across all major cereals, including maize and wheat. Such fluctuations strain the budgets of pig farmers, especially those operating on tight margins.

The volatility isn’t just due to market dynamics. Environmental factors like droughts and floods have disrupted crop yields in key producing regions. For instance, in 2024, adverse weather conditions in Europe led to a significant drop in wheat production, tightening global supply, and pushing prices upward.

Opportunity

Government Initiatives Fuel Growth in India’s Swine Feed Sector

In 2024, India’s swine feed industry experienced significant growth, largely driven by proactive government initiatives aimed at transforming pig farming into a more structured and profitable sector. A notable example is the National Livestock Mission (NLM), which provides a 50% capital subsidy—up to ₹15 lakh for a 50-sow unit and up to ₹30 lakh for a 100-sow unit—to support the establishment of pig breeding farms and feed units.

This initiative has encouraged many small and medium-scale farmers to invest in pig farming, thereby increasing the demand for quality swine feed. Additionally, the Indian Council of Agricultural Research (ICAR) has been instrumental in promoting scientific pig farming practices. Through training programs and the distribution of improved pig breeds, ICAR aims to enhance productivity and sustainability in pig farming.

These efforts not only improve the quality of pork production but also necessitate the use of specialized feeds tailored to the nutritional needs of these improved breeds. The FAO-GEF Green-Ag project in Mizoram exemplifies how integrated approaches can revitalize local pig farming. By focusing on indigenous breed conservation, providing access to quality feed, and ensuring veterinary services, the project has strengthened community resilience and contributed to food security.

Trends

Insect Protein: A Sustainable Shift in Swine Feed

In 2025, the swine feed industry is witnessing a notable shift towards sustainability, with insect protein emerging as a promising alternative to traditional feed ingredients. This trend is driven by the need to reduce reliance on conventional protein sources like soybean meal, which have significant environmental footprints due to deforestation and high water usage.

Insects, such as black soldier fly larvae and mealworms, offer a high-protein, low-impact alternative. They can be reared on organic waste, converting it into valuable biomass, thus contributing to a circular economy. Moreover, insect farming requires less land and water compared to traditional agriculture, making it a more sustainable option.

The European Union has recognized the potential of insect protein, allowing its inclusion in pig and poultry feed. This regulatory change has paved the way for increased adoption of insect-based feeds across Europe. Similarly, in the United Kingdom, discussions are underway to lift bans on certain animal proteins in livestock feed, including insect-derived proteins, to support domestic farmers and reduce environmental impact.

Regional Analysis

North America Dominates 37.9% of the market, valued at USD 44.5 Billion in 2024

North America holds the largest share in the global swine feed market, accounting for 37.9% of total revenue, valued at USD 44.5 billion in 2024. This dominance is driven by advanced livestock farming practices, high demand for protein-rich meat, and stringent regulations promoting antibiotic-free and sustainable feed solutions.

The U.S. is the primary contributor, supported by large-scale commercial swine farms and strong R&D investments in precision animal nutrition. Key trends include the rising adoption of non-GMO feed, probiotics, and enzyme-based additives to enhance feed efficiency and swine health.

The region benefits from well-established feed manufacturers like Cargill, ADM, and Alltech, which focus on innovative feed formulations to meet evolving consumer preferences for high-quality pork. Government initiatives promoting antibiotic reduction in livestock feed further propel market growth.

Increasing exports of pork products to Asia-Pacific and Latin America drive demand for high-nutrition swine feed. Canada and Mexico also contribute significantly, with growing investments in swine production and feed optimization technologies. The shift toward organic and plant-based feed ingredients is gaining traction, aligning with North America’s sustainability goals.

Key Regions and Countries

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of MEA

Key Players Analysis

• AB Vista specializes in innovative swine feed solutions, focusing on enzyme technology and gut health optimization. Their products enhance nutrient absorption and feed efficiency, reducing production costs. Recent developments include advanced phytase enzymes for better phosphorus utilization. AB Vista collaborates with farms to improve sustainable swine nutrition.
• Alltech Inc. provides natural feed additives, including yeast-based solutions and trace minerals, to boost swine health and performance. Their research focuses on reducing antibiotic use through gut microbiome management. Alltech’s latest innovations include algae-derived omega-3 supplements for improved pork quality.
• ADM is a leader in swine nutrition, offering high-protein feed ingredients and customized premixes. Their focus is on precision livestock farming, using data analytics to optimize feed formulations. ADM invests in sustainable sourcing and alternative proteins like soybean meal to meet market demands.

Top Key Players in the Market

• AB Vista
• Alltech Inc.
• Archer Daniels Midland Company
• BDLG Group
• Cargill Inc.
• Charoen Pokphand Foods
• Chr Hansen
• CPF Worldwide
• De Heus BV
• DLG
• ForFarmers UK
• Growel Agrovet Private Limited
• J.D. Heiskell & Co.
• KENT Nutrition Group
• Nutreco NV
• Pancosma
• Purina Mills

Recent Developments

• In 2024, AB Vista emphasized its Quantum Blue phytase, which enhances phosphorus digestibility in swine diets, reducing nutrient excretion and improving feed efficiency. The Company highlights ongoing research into enzyme blends to optimize gut health in pigs, addressing challenges like post-weaning diarrhea.
• In 2024, Alltech introduced a new line of yeast-based feed additives designed to enhance swine gut health and immune function. Alltech’s initiatives include partnerships with universities to study mycotoxin management in swine feed, addressing contamination risks that impact pig health.

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