Reports analyze swine feed, animal feed prebiotics markets
Global swine feed market expected to grow 5.3 percent by 2022
Two new market reports highlight the global swine feed market and the prebiotics in animal feed market.
According to a recently published report from Brisk Insights, the global swine feed market is expected to grow by 5.3 percent CAGR during 2016-22. The segmentation of global swine feed market is based on feed type, feed additives type and geography. The report on global swine feed market forecast 2016-22 (by feed type, feed additives type and geography) provides a detailed overview and predictive analysis of the market.
The substantial rise in pork production and rising apprehensions related to the quality of pork meat is driving the growth of the global swine feed market. The growing pig population is also injecting huge growth scope in swine feed market. In 2013, about 978 million pigs were present across the world, and these numbers are expected to cross 1.5 billion by the end of 2022. Out of 978 million pigs, around 485 million pigs are present in China, which accounts to about 50 percent of total world pig population.
The United States has the second largest pig population in the world, which accounted for about 68 million pigs in 2013. China is the largest producer of pork in the world, producing approximately 53,500 metric tons (MT) of pork every year. Moreover, the United States produces 11,334 MT of pork every year, which is the third largest in the world. The EU-27 has pork production of 23,230 MT every year, making it the second largest producer in the world.
The market is growing, but in spite of various driving factors, there are certain factors such as occurrence of pathogenic diseases in the pork meat is hindering the growth of the global swine feed market. High return on investment and growing demand for pork meat from emerging countries are the key opportunities available in the global market. Moreover, there are some challenges such as instability in feed prices which are expected to hamper the growth in the global swine feed market. The instability of price is influenced by fluctuation in the price of raw material and scarcity of raw material in the region.
Prebiotics in animal feed
Research Corridor has published a new research study titled, “Prebiotics In Animal Feed Market – Growth, Share, Opportunities, Competitive Analysis and Forecast, 2015-2022.”
The prebiotics in animal feed market report studies current as well as future aspects of prebiotics in the animal feed market based upon factors such as market dynamics, key ongoing trends and segmentation analysis. Apart from the above elements, the report provides a 360-degree view of prebiotics in the animal feed industry with geographic segmentation, statistical forecast and the competitive landscape.
Geographically, the report comprises dedicated sections centering on the regional market revenue and trends. The market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific and Rest of the World (RoW). The RoW segment consists Latin America and the Middle East & Africa.
The research report also provides a comprehensive understanding of the positioning of the major players wherein key strategies adopted by leading players has been discussed. The report concludes with the company profiles section which includes information on major developments, strategic moves and financials of the key players operating in the market.