“The Asia-Pacific swine feed market is estimated to grow at CAGR of 5.7% from 2014 to 2019. The countries in Asia-Pacific are emerging markets for pig feed and feed additives because of the increasing pork consumption in the region. The rise in per capita income and changing food habits are the key factors driving the growth of Asia-Pacific swine feed market.
The report consists of an extensive study of the Asia-Pacific swine feed market and its application in starters, pig growers, and sow segments. The report also focuses on the types of additives included in swine feed, such as antibiotics, amino acids, and feed enzymes & feed acidifiers.
China is the leading market with a share of 63.95% of the Asia-Pacific swine feed market. The major swine feed producers have been targeting Vietnam and Japan, both of which are significant markets after China.
The highly fragmented Asia-Pacific swine feed market is led by Chareon Pokphand Foods PCL (Thailand). Other companies operating in this regional market include Archer Daniels Midland Company (U.S.), ABF PLC (U.K.), and Nutreco N.V. (Denmark).
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