United States (USA) Pig Feed Market Overview, 2029

The market supports the larger pig industry, which is essential in fulfilling the demand for pork, a highly consumed meat in the United States and worldwide. The need for top-notch, affordable pig feed is increasing as people focus on diets high in protein and pork production expands to meet both local and global markets. As global trade grew, the U.S. swine sector emerged as a top pork exporter globally, leading to adjustments in the pig feed market to meet stricter international regulations. In this era, there is a strong emphasis on sustainability and better treatment of animals, as consumer preferences shift towards ethical and environmentally friendly production methods. The COVID-19 pandemic initially caused challenges in production due to transportation disruptions, labor shortages, and plant closures for health safety reasons. Farmers encountered difficulties in handling their animals as feed supply chains were delayed or temporarily stopped because of logistical issues. Hog farms were greatly affected as processing facilities nationwide shut down, causing an excess of pigs. This scenario led to a decrease in the need for pig feed because farmers had to either cull their animals or delay placing new orders for feed. Nonetheless, the market for pig feed bounced back due to the sector's adjustment to new safety measures, and the demand for pork from consumers stayed somewhat consistent despite the interruptions. According to the research report "USA Pig Feed Market Overview, 2029," published by Bonafide Research, the USA Pig Feed market is anticipated to grow at more than 3.35% CAGR from 2024 to 2029. Cargill, a major global agribusiness company, provides a variety of animal nutrition products, including pig feed, to support the important swine industry that meets the demand for pork. ADM (Archer Daniels Midland) is a significant competitor in the pig feed industry, specializing in creative feed options that improve animal productivity and environmental friendliness. Other well-known companies consist of Purina Animal Nutrition, offering specialized feed formulations for various pig life stages, and Kent Nutrition Group, renowned for its premium feed items. Although a large portion of feed produced in the U.S. is used within the country, substantial amounts of feed components such as soymeal and corn are also sent to foreign markets. The United States is among the top exporters of animal feed ingredients globally, especially to Asian markets experiencing a surge in pork consumption. On the other hand, the United States brings in specific feed additives and specialized ingredients, like amino acids and vitamins, from nations such as China and the European Union. These imports are crucial for creating pig feed with top performance that fulfils the nutritional requirements of current swine production setups. Major agricultural companies like Bunge and Louis Dreyfus are crucial suppliers of essential feed components like soybeans and corn. Local cooperatives and feed mills are important in providing pig feed to farmers, particularly in rural areas.

Pellets are the most popular feed type in the US pig feed market, as they are known for their ability to improve pig growth and feed conversion rates effectively. Pelleted feed is made by compacting finely crushed feed ingredients into dense, consistent particles. This type of feed minimizes waste since pigs can eat it more efficiently than crumbles or mash, resulting in less dust and spillage of feed. Pellets provide better digestibility due to the enhanced availability of nutrients resulting from the pelleting process of feed ingredients. These factors result in improved weight gain and feed efficiency, essential in pig production on a large scale. Crumbles, which are basically shattered pellets, are commonly given to piglets because they offer the same advantages as pellets but are more manageable for younger animals to eat. Mash, a less processed feed commonly used in smaller farms or specific pig production stages, is less efficient than pellets, resulting in its limited use in commercial agriculture. A number of top American companies control the pig feed industry in the U.S., such as Cargill, known for its diverse selection of pig feed options designed for various growth phases and production objectives. Purina Animal Nutrition, a division of Land O'Lakes, is also known for its cutting-edge, research-driven feed formulations. Archer Daniels Midland (ADM) is also a major player recognized for its emphasis on sustainability and efficient feed utilization. Grower feed is the top type in the American pig feed industry because of its importance in helping pigs quickly gain weight during this phase, which is when they spend a significant amount of time. Grower feed is formulated for pigs in the transition period from weaning to finishing, usually weighing between 25 and 70 kilograms. In this stage, the main goal is to maximize growth rates and feed conversion efficiency, as pigs eat the most feed during this phase of their lives. Manufacturers of animal feed focus on creating high-energy, protein-packed formulas for grower pigs to aid in muscle growth and well-being, leading to grower feed being the most commonly utilized. The consumption of starter feed is crucial for piglets in the beginning of their lives, but it is only eaten for a brief time. Although essential for early development and well-being, its market share is limited compared to grower feed because of the shorter feeding period. Specially designed sow feed, tailored for pregnant and lactating sows, is equally important but is primarily utilized by a smaller subset of the population since it is specifically for breeding operations rather than the bigger grower-finishing sector. Cargill, one of the top domestic companies in the USA pig feed market, provides complete feed options for all life stages, including specific grower feeds for maximizing growth results. Purina Animal Nutrition is also a significant contributor, offering feed formulations supported by science that promote effective growth in the grower stage. ADM (Archer Daniels Midland) is also a market leader, placing emphasis on superior feed that promotes efficiency and sustainability in growth. Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects covered in this report • Pig Feed market Outlook with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Form • Pallet • Mash • Crumbles • Others By Type • Starter Feed • Sow Feed • Grower Feed

The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Pig Feed industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.