About Piglet Feed
Piglet is often defined as the young one of a domestic pig. Pigs are farmed around the world, while their consumption is limited to only some countries. Piglets require highly nutritious food for their physical growth. Piglet feed must contain suitable components that are responsible for their growth such as nutrients, proteins, amino acids, fatty acids, and minerals such as calcium, phosphorous, sodium, chloride, zinc, potassium, and magnesium. Feed quality is a key element in the rearing of piglets. It also lays the foundation for animal performance and has projected the growth of the global piglet feed market in the forecast period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European and United States Vendors will contribute the maximum growth to Global Piglet Feed market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
CHR. Hansen Holdings A/S (Denmark), Lallemand Inc (Canada), Novus International Inc.(United States), Royal DSM N.V. (The Netherlands), BASF (Badishce Anilin und Soda Fabrik) (Germany), Alltech Inc. (United States), ADM (Archer Daniels Midland Company) (United States), Charoen Popkhand Foods (Thailand), ABF Plc (Associated British Food) (United Kingdom) and Cargill Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Piglet Feed market by Type (Compound Feed, Concentrated Feed and Others), Application (7-35 Days Piglet and 35-70 Days Piglet) and Region.
On the basis of geography, the market of Piglet Feed has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Feeding Systems, the sub-segment i.e. Automatic Feeders will boost the Piglet Feed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Additives, the sub-segment i.e. Antibiotics will boost the Piglet Feed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. 10 kg will boost the Piglet Feed market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Pork Across Various Parts of Asia
Market Growth Drivers:
Increasing Demand for Pork Meat across the Globe and Rising Concerns Toward the Quality Improvement
Challenges:
Volatility In Piglet Feed Prices
Restraints:
Lack of Awareness about Piglet Feed
Opportunities:
Growing Innovations in the Quality of Piglet Feed
Market Leaders and their expansionary development strategies
In June 2019, Cargill has acquired Beckers Indústria de Nutrição Animal Ltda., a Brazil-based swine feed producer. This acquisition will help the Minnesota-based agri-giant to further increase its offerings of complete pig feed throughout the southern region of Brazil.
In January 2018, OK-Net EcoFeed – aimed at helping organic pig and poultry farmers in achieving the goal of 100% use of organic and regional feed has launched. A key objective of organic farming is that animals are fed with feed produced at or near the farm. Yet, this is difficult to achieve in large parts of Europe. Organic feed and livestock production are concentrated in different regions.
Key Target Audience
Piglet Feed Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.