North America Swine Feed Premix Market Trends

Statistics for the 2023 & 2024 North America Swine Feed Premix market trends, created by Mordor Intelligence™ Industry Reports. North America Swine Feed Premix trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Corporate License

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Market Trends of North America Swine Feed Premix Industry

This section covers the major market trends shaping the North America Swine Feed Premix Market according to our research experts:

Well Established Swine Production Industry Drives the Market

Swine meat is one of the majorly consumed meats in North America. The meat consumption demand has been continuously increasing for a decade. For instance, the per capita consumption of pork in Canada was 17.9 kg in 2017 increasing to 18.06 Kg in 2018. The huge consumption demand for pork caused a boost in swine production in the region. North American region produced 88 million pigs in 2018, which is 4 million more than the pig count in 2016. Therefore, large consumption demand coupled with increasing swine production is driving the swine feed premix market in the region.

North America Swine Feed Premix Market: Swine Production, Million heads, North America, 2016 - 2018

The United States Dominates the Market

The United States holds more than half of the swine feed premix market share in North America. Pork production in the U.S. is estimated to generate a revenue of USD 23.4 billion per year, with 26% of pork and pork products produced exported to other countries. The country produced 74 million heads of pork in 2018, which is almost 90% of the total North American production. The large, growing swine production industry ensures the further growth of the swine feed premix market in the country. 

North America Swine Feed Premix Market: Revenue Share, By country, By percentage, North America, 2019

North America Swine Feed Premix Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)