According to the research report, “Global Pig Feed Market Outlook 2029” published by Bonafide Research, the market is anticipated to cross USD 150 Billion by 2029, increasing from USD 121.53 Billion in 2023. The market is expected to grow with a 3.56% CAGR from 2024 to 2029.
Top 6 Companies in Global Pig Feed Market
• Cargill Inc: Cargill Inc (Cargill) is an agribusiness company. The company provides products and services in the food, financial products, agricultural, industrial, and risk management fields. It carries out the marketing, processing, and distribution of grains, oilseeds, sugar, meat, and other food products, as well as cotton. The company also manufactures natural ingredients for the personal care industry, pet food, animal feed, and bio-industrial products.
• Established: 1865
• Headquarter: United States
• Employee: 1,55, 000
• Net Sales: USD 160,000
• BASF SE: BASF SE engages in the provision of chemical products.Its product line comprises solvents, adhesives, surfactant, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides. The company serves a wide range of industries including construction, furniture and wood, agriculture, electronics and electrical, paints and coatings, automotive, home care, nutrition, chemicals and others. BASF comprises subsidiaries and joint ventures in more than 80 countries, operating six integrated production sites and 390 other production sites across Europe, Asia, Australia, the Americas and Africa.
• Established: 1865
• Headquarter: Ludwigshafen, Germany
• Employee: 111,191
• Net Sales: 68,902Million euro
• Archer-Daniels-Midland Company:The company produces food and beverage ingredients, and other products made from oilseeds, corn, wheat, and other agricultural commodities. ADM’s product portfolio includes natural flavors and colors, health and nutrition products, vegetable oils, corn sweeteners, flour, animal feed, and biofuels. The company operates more than 270 plants and 420 crop procurement facilities worldwide, where cereal grains and oilseeds are processed into products used in food, beverage, nutraceutical, industrial, and animal feed markets worldwide.
• Established: 1902
• Headquarter: Minnesota, U.S.
• Employee: 41,082
• Net Sales: USD 93,935 Million
• Evonik Industries AG: Evonik Industries AG manufactures specialty chemicals. Its product portfolio includes surfactants, polymers, resins, additives, and others. The company’s products find application in various markets including agriculture, renewable energy, paints and coatings, paper and printings, metal and oil products, electrical and electronics, food and animal feed, consumer and personal care products, pharmaceuticals, plastics and rubber, automotive and construction.
• Established: 2007
• Headquarter: Essen, Germany
• Employee: 32,757
• Net Sales: 15,267 Million euro
• Kemin Industries Inc.: The company supplies over 500 specialty ingredients for human health, food safety and protection of the global food supply chain. Kemin ingredients offer solutions across various industries including animal health, nutraceuticals, pet food, food technologies, crop technologies, textiles, aquaculture and animal vaccines. Serving customers in more than 120 countries, Kemin works each day to provide ingredients that feed a growing population and is committed to the quality, safety and efficacy of food, feed and health-related products.
• Established: 1961
• Headquarter: Iowa, USA
• Employee: 1000+
• Net Sales: Estimated USD 1400 Million
• Land O’Lakes Inc:Land O’Lakes, Inc. is a 100-year-old farmer- and retailer-owned cooperative originally formed with the purpose of working together to create new market opportunities.The company’s product portfolio comprises butter, spreads, refrigerated desserts, cheese, Nonfat dry milk, raw milk and food and animal feed ingredients. It also offers feed, seed, crop nutrient and crop protection products. Land O’Lakes markets products under LAKES, Cow’s Match, Saute Express, Kozy Shack, Dekalb, Maxi Care, AgriSolutions, Chow, Alpine Lace, Indian Maiden and Alpine Lace brand names.
• Established: 1921
• Headquarter: Minnesota, United States
• Employee: 9000
• Revenue: USD 17,000 Million