South Korea Swine Feed Market Size & Outlook, 2022-2030
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South Korea swine feed market highlights
- The South Korea swine feed market generated a revenue of USD 2,049.8 million in 2022 and is expected to reach USD 3,116.4 million by 2030.
- The South Korea market is expected to grow at a CAGR of 5.4% from 2023 to 2030.
- In terms of segment, other additives was the largest revenue generating additives in 2022.
- Feed Enzymes is the most lucrative additives segment registering the fastest growth during the forecast period.
Swine feed market data book summary
| Market revenue in 2022 | USD 2,049.8 million |
| Market revenue in 2030 | USD 3,116.4 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Other additives |
| Fastest growing segment | Feed Enzymes |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Antibiotics, Vitamins, Antioxidants, Amino Acid, Feed Enzymes, Feed Acidifiers, Other Additives |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.8% of the global swine feed market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China swine feed market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 11,732.4 million by 2030.
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Swine Feed Market Scope
Swine Feed Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Archer Daniels Midland Company | View profile | 1001-5000 | Chicago, Illinois, United States, North America | http://www.adm.com |
| Lallemand | View profile | 5001-10000 | Rexdale, Ontario, Canada, North America | http://www.lallemand.com |
| Alltech | View profile | 5001-10000 | Nicholasville, Kentucky, United States, North America | http://www.alltech.com/ |
| Cargill | View profile | 10001+ | Minneapolis, Minnesota, United States, North America | http://www.cargill.com |
| Associated British Foods PLC | View profile | 133000 | 10 Grosvenor Street, Weston Centre, London, United Kingdom, W1K 4QY | https://www.abf.co.uk |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
South Korea swine feed market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to swine feed market will help companies and investors design strategic landscapes.
Other additives was the largest segment with a revenue share of 28.86% in 2022. Horizon Databook has segmented the South Korea swine feed market based on antibiotics, vitamins, antioxidants, amino acid, feed enzymes, feed acidifiers, other additives covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to South Korea swine feed market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of South Korea swine feed market databook
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Our clientele includes a mix of swine feed market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea swine feed market , including forecasts for subscribers. This country databook contains high-level insights into South Korea swine feed market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea swine feed market size, by additives, 2018-2030 (US$M)
South Korea Swine Feed Market Outlook Share, 2022 & 2030 (US$M)
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