Asia-Pacific Swine Feed Market Analysis by Mordor Intelligence
The Asia-Pacific swine feed market size was valued at USD 77.83 billion in 2026 and is forecast to grow from USD 81.96 billion in 2027 to USD 106.10 billion by 2032, at a CAGR of 5.30% from 2027 to 2032. The Asia-Pacific swine feed market is supported by the region's large pork production base and the continued development of commercial pig farming. Feed formulations typically combine energy sources, protein ingredients, vitamins, minerals, amino acids, enzymes, and other nutritional supplements to support animal growth, health, reproductive performance, and feed efficiency. China remains a significant swine-producing and pork-consuming market in the region, while commercial swine production across other Asia-Pacific countries supports demand for formulated feed. The shift toward more organized and intensive production systems is increasing the importance of consistent feed quality, animal nutrition, feed efficiency, and disease-management practices. African swine fever (ASF) has affected swine production and farm management practices across several Asian countries. Disease-related production disruptions have increased focus on biosecurity, herd management, feed quality, and production efficiency among commercial producers.
Note: Market numbers in this report are based on Mordor Intelligence's proprietary estimation framework, which combines nine months of actuals with Q4 projections for base year 2026.
Asia-Pacific Swine Feed Market Trends and Insights
Increasing Demand for High-Value Animal Protein
The livestock industry faces increasing pressure to meet the growing demand for meat and high-value animal protein. Asia-Pacific livestock production has expanded due to population growth, rising incomes in developing nations, and urbanization. The increasing awareness of protein-rich diets has driven higher consumption of animal protein sources. This trend supports market growth through the use of high-quality swine feed, particularly as pork remains one of the most consumed meats in Asia. Pork offers high nutritional value with its protein content and lower fat and cholesterol levels compared to beef and other meats. Its affordability as a protein source makes it accessible to consumers across the region.
As Asia’s middle class expands, particularly in China, India, Vietnam, and Indonesia, swine has become an increasingly important part of the diet. According to the Food and Agriculture Organization (FAO), China is the world's largest pork consumer, and other countries in the region are following suit, with pork consumption rising steadily due to urbanization and changing dietary habits. In China, per capita pork consumption has been rising steadily, driven by both urbanization and rising disposable incomes. With urban households consuming more swine, the demand for efficient swine production (and therefore swine feed) also rises. For instance, according to the OECD, China's per capita swine meat consumption was 27.6 kg in 2023, which increased by 28.6 Kg in 2024.
As demand for pork increases, there’s a shift toward intensive pig farming where commercial farms scale up to meet the growing need for pork. This intensification often involves the use of formulated swine feeds that include large quantities of cereals for energy. Cereals like corn and wheat are widely used in pig feed because they are rich in carbohydrates and provide the energy necessary for rapid growth. In countries like Vietnam, swine farming has modernized rapidly, with an increasing number of commercial pig farms that require more efficient feeding strategies. Large-scale producers now rely heavily on cereals such as corn and wheat to meet the nutritional demands of their pigs.
China Held a Major Position in the Market
In 2026, China captured a major share of the market through its dominance in swine feed in the region. This is followed by other Asian countries such as India and Japan. The awareness of high-protein diets in emerging economies like India and China is anticipated to drive growth in the market studied in this region. According to the USDA, China's pig production was 55.41 million metric tons in 2022 and increased to 57.94 million metric tons in 2023. Further, imports of live breeding swine in 2023 are forecast at 5,000 head due to large domestic sow inventories. In early 2023, the domestic sow inventory exceeded China’s Ministry of Agriculture and Rural Affairs (MARA) targets. A large domestic sow inventory is expected to curb imports of breeding swine.
According to the latest China Feed Industry Association (CFIA) report, China's nationwide industrial feed production totaled 302.2 million metric tons in the year 2022, up 3% year-on-year annual growth in the country, in which the Pig feed production accounted for 45% share of total feed production, which is higher than the previous year with 40% growth rate. However, the increasing demand for pork and rising health concerns that have shifted consumers’ demand toward quality swine meat are anticipated to aid the growth of the swine feed market in the country during the forecast period.
Competitive Landscape
The Asia-Pacific swine feed market was highly concentrated in 2026, with a limited number of established companies accounting for a significant share of the market. Major companies operating in the region included Alltech, Inc., Cargill, Incorporated, Charoen Pokphand Foods Public Company Limited, Archer Daniels Midland Company, and New Hope Group Co., Ltd.
Competition was supported by established manufacturing capabilities, distribution networks, and product portfolios across the animal nutrition and feed sectors. Companies continue to strengthen their market presence through capacity expansion, product development, partnerships, acquisitions, and investments in feed manufacturing and distribution. These strategies enable suppliers to expand their geographic presence, improve production capabilities, and meet demand from commercial swine producers across the Asia-Pacific region.
Asia-Pacific Swine Feed Industry Leaders
-
New Hope Group Co., Ltd.
-
Alltech, Inc.
-
Cargill, Incorporated
-
Charoen Pokphand Foods Public Company Limited
-
Archer Daniels Midland Company
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- July 2024: Charoen Pokphand Foods Public Company Limited has entered a partnership with a local Vietnamese company to enhance its compound feed production. This partnership aims to leverage local market knowledge and increase the distribution of animal feed products.
- June 2024: Archer Daniels Midland Company (ADM) is investing in a new animal feed facility in China to improve its market share in the region and cater to both domestic and international demand.
Asia-Pacific Swine Feed Market Report Scope
Swine feed, also known as pig feed, is prepared from a combination of nutrients, either from plant or animal sources, including soy meal, corn, barley, wheat, sorghum, minerals, vitamins, other micronutrients, and antibiotics to support nutrient absorption and improve feed conversion and growth. The Asia-Pacific Swine Feed Market Report Segments the Industry by Ingredient Type (Cereals, Cereal By-Products, Oilseed Meals, Oil, Molasses, and Others), Supplement Type (Antibiotics, Vitamins, Anti-Oxidants, Amino Acids, Enzymes, Acidifiers, and Others), and Geography (China, India, Japan, Australia, and Rest of Asia-Pacific). The Market Forecasts are Provided in Terms of Value (USD).
| Cereals |
| Cereal By-products |
| Oilseed Meals |
| Oils |
| Molasses |
| Others |
| Antibiotics |
| Vitamins |
| Antioxidants |
| Amino Acids |
| Enzymes |
| Acidifiers |
| Others |
| China |
| India |
| Japan |
| Australia |
| Rest of Asia-Pacific |
| Ingredients | Cereals |
| Cereal By-products | |
| Oilseed Meals | |
| Oils | |
| Molasses | |
| Others | |
| Supplements | Antibiotics |
| Vitamins | |
| Antioxidants | |
| Amino Acids | |
| Enzymes | |
| Acidifiers | |
| Others | |
| Geography | China |
| India | |
| Japan | |
| Australia | |
| Rest of Asia-Pacific |
Key Questions Answered in the Report
How big is the Asia-Pacific Swine Feed Market?
The Asia-Pacific Swine Feed Market size is anticipated to reach USD 81.96 billion in 2027 and is forecast to grow to USD 106.10 billion by 2032.
What is the current Asia-Pacific Swine Feed Market size?
IIn 2026, the Asia-Pacific Swine Feed Market size was valued at USD 77.83 billion.
Who are the key players in Asia-Pacific Swine Feed Market?
New Hope Group Co., Ltd., Alltech, Inc., Cargill, Incorporated, Charoen Pokphand Foods Public Company Limited, and Archer Daniels Midland Company are the major companies operating in the Asia-Pacific Swine Feed Market in 2026.
Which country has the highest pork consumption?
China is the world's largest pork consumer, with pork consumption rising steadily due to urbanization and changing dietary habits.