Feed & Additive Magazine Issue 29 June 2023

MARKET REPORT FEED & ADDITIVE MAGAZINE June 2023 75 • ABF - Associated British Foods • ADM Animal Nutrition • AGRAVIS • Agrosuper Group • Alltech • Anyou Group • Avril Group • Betagro Group • BRF • Cargill • Cherkizovo Group • Chubu Shiryo • CJ Cheil Jedang • CP Group • Dabeinong Group • DaChan Food • Danish Agro Group • DBN Group • De Heus • DLG Group • East Hope Group • Feed One • ForFarmers • Grupo Vall Companys • Guangdong Nanbao Group • Guilin Liyuan • Haid Group • Harim Group • Industrias Bachoco • J.D. Heiskell & Co. • JA Zen-Noh • Japfa • JBS • Jiada Group • Kent Nutrition Group • Land O'Lakes • Marubeni Nisshin Feed • Muyuan Foodstuff • New Hope Group • Nutreco • Perdue Farms • Royal Agrifirm Group • San Miguel Foods • Sichuan Tequ Group Smithfield Foods • Tongwei Group • TRS Group • Twins Group • Tyson Foods • Wellhope • Wen's Food Group • WH Group • Xinjiang Tiankang Some of the major players: The Asia-Pacific is followed by Europe. The both regions have a direct impact on the swine feed market. The increasing scale of livestock production in the regions has contributed to the increase in feed production capacities in the region's major economies, such as China, India, Russia, and Spain. SWINE FEED INDUSTRY OVERVIEW According to the report by Mordor Intelligence, the global swine feed market is consolidated with major players. Major companies are adopting strategies, such as mergers and acquisitions, expansion, and partnerships, to increase their market shares. The leading companies are focused on acquiring feed mills and small manufacturing facilities for the expansion of their businesses in domestic and international markets. Resources: 1. Alltech, Agri-Food Outlook 2022 & 2023, https:// www.alltech.com/agri-food-outlook/ 2. IMARC Group, Swine Feed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028, https://www.imarcgroup.com/ swine-feed-market 3. Mordor Intelligence, Swine Feed Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028), https://www.mordorintelligence.com/industry-reports/global-swine-feed-market-industry 4. Maximize Market Research, Swine Feed Market- Global Industry Analysis and Forecast (2022-2029), https://www.maximizemarketresearch.com/market-report/global-swine-feed-market/72105/ 5. Stratistics MRC, Swine Feed Market Forecasts to 2028, https://www.strategymrc.com/report/swinefeed-market

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