Swine Feed Additives Consumption Market worth 14,318.9 KT by 2018, According to a New Study on ASDReports

Thursday 22 May 2014, Amsterdam

The report, “Swine (Pig) Feed Market - by Type (Starter, Grower, Sow), Additive (Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers) and by Geography - Global Trends & Forecasts to 2018”, now available on ASDReports, defines and segments the global swine feed market with an analysis and forecast of its global value. It also identifies the driving and restraining factors of the global swine feed market with an analysis of trends, opportunities, burning issues, winning imperatives, and challenges. The market is segmented and the values have been forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, Latin America, and Rest of the World (ROW).

The types of swine feed include starters, growers, sow, and others. Feed additives include antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers, and others. Pigs have some major potential advantages which make them suitable for providing quick and cheap supply of animal protein. Pork is comparatively cheaper than other types of meat. Therefore, the production involves lower operating costs and quick return on investments as compared to cattle. In 2012, the Asia-Pacific region dominated the global swine feed market with a share of approximately 42.5%.

This research report categorizes the global swine feed market on the basis of type, additives, and geography. The global swine feed market generated a value of $73,674.1 million in 2012 and is expected to grow at a CAGR of 5.1% by 2018.