African Swine Feed Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.90 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
African Swine Feed Market Analysis
The Africa swine feed market is estimated to register a CAGR of 3.9% during the forecast period. Even though pig production in Africa is small, it is accelerating at a significant rate to meet the domestic consumption demand. Therefore, the growing swine production industry in the African countries acts as a prime driver of the market. The African swine feed market is fairly competitive with few major players in the market.
African Swine Feed Market Trends
This section covers the major market trends shaping the African Swine Feed Market according to our research experts:
Rising Swine Production Drives the Market
Urbanization and population surge in African countries have put pork close to chicken, beef, and fish in popularity. In addition to this, the availability of mass-produced feed ingredients and an increasing number of educated and skilled pig farmers catalyzed the pork industry to flourish, meeting the increasing demand. The total pig production in the continent was recorded as 36.8 million in 2016, increasing to 40.5 million in 2018. Therefore, accelerating hog production coupled with the increasing consumption demand is anticipated to boost the swine feed market in the region.
South Africa Dominates in Terms of Production
The commercial pig industry in South Africa is relatively small with a few modern piggeries with modern facilities and high feeding costs. Even though swine production in the country is relatively small, the country tops the list of swine feed producers in the continent. According to the Alltech feed survey, The country produced 1.03 million metric tons of swine feed in 2019, which is 75% of the total Africa production. Increasing swine production across the continent is anticipated to boost the swine feed production in South Africa for the reason that it is one of the prime exporters of swine feed in Africa.
African Swine Feed Industry Overview
African swine feed market is fairly consolidated with few players holding a major part of market share. Investment in R&D projects is the key strategy of these players to maintain the top position in the market. The Players are also focused on new product launches, mergers, and acquisitions to expand their presence and strengthen their brand image.
African Swine Feed Market Leaders
-
Cargill Inc.
-
Kemin Industries
-
Nutreco N.V.
-
Nova Feeds
-
Serfco Animal Feeds
*Disclaimer: Major Players sorted in no particular order
African Swine Feed Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Deliverables
-
1.2 Study Assumptions
-
1.3 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Market Overview
-
4.2 Market Drivers
-
4.3 Market Restraints
-
4.4 Porter's Five Force Analysis
-
4.4.1 Threat of New Entrants
-
4.4.2 Bargaining Power of Consumers
-
4.4.3 Bargaining Power of Suppliers
-
4.4.4 Threat of Substitute Products
-
4.4.5 Intensity of Competitive Rivalry
-
-
-
5. MARKET SEGMENTATION
-
5.1 By Ingredient
-
5.1.1 Cereals
-
5.1.2 Cereals By Product
-
5.1.3 Oilseed Meal
-
5.1.4 Oils
-
5.1.5 Molasses
-
5.1.6 Other Ingredients
-
-
5.2 By Supplement
-
5.2.1 Antibiotics
-
5.2.2 Vitamins
-
5.2.3 Antioxidants
-
5.2.4 Enzymes
-
5.2.5 Acidifiers
-
5.2.6 Others
-
-
5.3 Geography
-
5.3.1 South Africa
-
5.3.2 Egypt
-
5.3.3 Rest of South Africa
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Most Adopted Strategies
-
6.2 Market Share Analysis
-
6.3 Company Profiles
-
6.3.1 Nutreco NV
-
6.3.2 Novus International
-
6.3.3 Kemin Industries, Inc.
-
6.3.4 Cargill, Incorporated.
-
6.3.5 Novafeeds
-
6.3.6 Alltech, Inc.
-
6.3.7 Serfco Feeds
-
6.3.8 Elanco
-
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
-
8. IMPACT OF COVID-19
African Swine Feed Industry Segmentation
Different types of swine feed are fed to the pigs in African countries to ensure the availability of essential nutrients to the animal. The African swine feed market reports present the analysis of the market size of various swine feeds along with the competitive landscape and future opportunities. The market is segmented by ingredients, by supplements, and by geography.
| By Ingredient | |
| Cereals | |
| Cereals By Product | |
| Oilseed Meal | |
| Oils | |
| Molasses | |
| Other Ingredients |
| By Supplement | |
| Antibiotics | |
| Vitamins | |
| Antioxidants | |
| Enzymes | |
| Acidifiers | |
| Others |
| Geography | |
| South Africa | |
| Egypt | |
| Rest of South Africa |
African Swine Feed Market Research FAQs
What is the current African Swine Feed Market size?
The African Swine Feed Market is projected to register a CAGR of 3.9% during the forecast period (2024-2029)
Who are the key players in African Swine Feed Market?
Cargill Inc., Kemin Industries, Nutreco N.V., Nova Feeds and Serfco Animal Feeds are the major companies operating in the African Swine Feed Market.
What years does this African Swine Feed Market cover?
The report covers the African Swine Feed Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the African Swine Feed Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
African Swine Feed Industry Report
Statistics for the 2024 African Swine Feed market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. African Swine Feed analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
African Swine Feed Report Snapshots
