Market Size of Asia-Pacific Swine Feed Premix Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.10 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
APAC Swine Feed Premix Market Analysis
Asia Pacific Swine Feed Premix Market is forecasted to grow at a CAGR of 4.1% during the forecast period (2020-2025). Asia- Pacific is an important and volume-based market in regard to swine feed premixes. The growth of this industry is dependent on certain broad aspects such as increasing demand for swine meat, innovation impetus from increasing regulations, and the overall increase of the feed additives market. Antibiotics are majorly used as a premix followed by vitamins and minerals for healthier pig production. The growing trend of pork consumption in countries like China, India, and Australia will drive the demand for feed premixes in the region.