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Study Period | 2019 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 45.80 Billion |
Market Size (2030) | USD 54.60 Billion |
CAGR (2025 - 2030) | 5.30 % |
Market Concentration | High |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
Asia-Pacific Swine Feed Market Analysis
The Asia-Pacific Swine Feed Market size is estimated at USD 45.80 billion in 2025, and is expected to reach USD 54.60 billion by 2030, at a CAGR of 5.30% during the forecast period (2025-2030).
The Asia Pacific Swine Feed Market consists of various feed types including starter feed, grower feed, finisher feed, and breeding stock feed. These feeds contain grains, proteins (soybean, fishmeal), vitamins, and minerals to support pigs' health, growth, and reproductive performance. China, India, Vietnam, Indonesia, and Thailand are the primary markets driving swine feed demand in Asia Pacific. China dominates regional consumption due to its extensive pork production, with swine meat output increasing from 56.3 million metric tons in 2022 to 58.9 million metric tons in 2023, according to FAOSTAT.
The African swine fever (ASF) outbreak in 2019 significantly affected the swine industry. The disease, with its 100% fatality rate, resulted in the culling of approximately 5 million pigs across China, Mongolia, Vietnam, Cambodia, Laos, Myanmar, the Philippines, and South Korea. The Alltech Feed Survey Report 2023 indicated pig feed production reached 329.1 Million Metric Tons, followed by a 2.98% decrease due to rising production costs. However, commercial producers have adapted their practices to manage ASF outbreaks effectively.
Asia Pacific countries are modernizing their swine farming operations, emphasizing efficient production through improved breeding, health management, and feeding practices. This transition to intensive, commercial swine farming has increased demand for high-performance feeds. Vietnam exemplifies this trend, with large commercial farms emerging that require consistent, high-quality feed to optimize productivity and meet increasing pork demand.
Asia-Pacific Swine Feed Market Trends
Rising swine Meat Consumption
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 largest consumer of pork in the world, and other countries in the region are following suit, with pork consumption rising steadily due to urbanization and changing dietary habits. In China, swine consumption per capita has been rising consistently, driven by both urbanization and increased disposable income. 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 Dominates the Market
China is capturing 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 to consume high protein diets in emerging economies like India and China is anticipated to lead the growth of the market studied in this region. According to the USDA, China pig production was 55.41 million metric tons in 2022, which increased by 57.94 million metric tons in 2023. Further, the imports of live breeding for the 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 Ton 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.
Asia-Pacific Swine Feed Industry Overview
The Asia-Pacific swine feed is highly consolidated with few players holding a major market share. Major companies in the region include Alltech Inc., Cargill Inc., Charoen Pokphand Foods, Archer Daniels Midland, and New Hope Group, which are operating in the region. Agreements with other companies, new product launches, and investments for the expansion of manufacturing units globally have been the strategies mostly adopted by these players. Some of the players have been expanding their geographical presence by acquiring or merging with manufacturers in foreign markets. Major investments were made by companies in their domestic market to cater to the local demand.
Asia-Pacific Swine Feed Market Leaders
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New Hope Group
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Alltech Inc.
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Cargill Inc.
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Charoen Pokphand Foods
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Archer Daniels Midland
- *Disclaimer: Major Players sorted in no particular order
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Asia-Pacific Swine Feed Market News
- July 2024: Charoen Pokphand 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 (ADM) is investing in a new animal feed facility in China, which will help improve their market share in the region, catering to both domestic and international demand.
Asia-Pacific Swine Feed Industry Segmentation
Swine feed also known as pig feed is prepared from a combination of nutrients, either from plant or animal sources, mainly including soy meal, corn, barley, wheat, sorghum, minerals, vitamins, other micronutrients, and antibiotics for delivering nutritional absorption and better feed conversion and growth. The Asia-Pacific Swine feed Market is Segmented by Ingredients into Cereals, Cereals By-products, Oil Seed Meals, Oils, Molasses, and Other Ingredients, by Supplements into Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Acidifiers, and Other Supplements, and by Geography into China, India, Japan, Australia and Rest of Asia-Pacific. The report offers market estimation and forecasts in value (USD) for the above-mentioned segments.
Ingredients | Cereals |
Cereals by products | |
Oil Seed Meal | |
Oils | |
Molasses | |
Others | |
Supplements | Antibiotics |
Vitamins | |
Antioxidants | |
Amino Acids | |
Enzymes | |
Acidifiers | |
Others | |
Geography | China |
India | |
Japan | |
Australia | |
Rest of Asia-Pacific |
Asia-Pacific Swine Feed Market Research FAQs
How big is the Asia-Pacific Swine Feed Market?
The Asia-Pacific Swine Feed Market size is expected to reach USD 45.80 billion in 2025 and grow at a CAGR of 5.30% to reach USD 54.60 billion by 2030.
What is the current Asia-Pacific Swine Feed Market size?
In 2025, the Asia-Pacific Swine Feed Market size is expected to reach USD 45.80 billion.
Who are the key players in Asia-Pacific Swine Feed Market?
New Hope Group, Alltech Inc., Cargill Inc., Charoen Pokphand Foods and Archer Daniels Midland are the major companies operating in the Asia-Pacific Swine Feed Market.
What years does this Asia-Pacific Swine Feed Market cover, and what was the market size in 2024?
In 2024, the Asia-Pacific Swine Feed Market size was estimated at USD 43.37 billion. The report covers the Asia-Pacific Swine Feed Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia-Pacific Swine Feed Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Asia-Pacific Swine Feed Industry Report
Statistics for the 2025 Asia-Pacific Swine Feed market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Swine Feed analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.