Australia Pig Feed Market Research Report, 2029

The demand for high-quality pork both within Australia and for export markets is a key factor driving the significant pig feed market in the country's livestock industry. Pig farming in Australia is very specialized and places emphasis on sustainability, animal welfare, and feed efficiency. The pig feed market is greatly impacted by the necessity to enhance the health and productivity of pigs, leading to the creation of scientifically developed feed options for various stages of their life cycle. Multiple government agencies in Australia oversee the regulation of the pig feed market to guarantee food safety, animal welfare, and sustainability. The APVMA regulates feed additives like antibiotics and growth promoters to ensure compliance with national safety standards by feed manufacturers. Regulations on antibiotic use in livestock feed are strict in order to reduce the potential for antimicrobial resistance, a rising issue on a worldwide scale. The DAFF is essential in monitoring the quality of feeds, as well as overseeing imports and exports within the agriculture, fisheries, and forestry sectors. It implements stringent biosecurity measures to avoid the entry of diseases into the country via feed components. The pandemic has also shown how crucial it is to source feed ingredients locally, leading feed producers to consider using different raw materials that are easily accessible nearby. This move to using local ingredients not only lessened supply chain risks but also promoted sustainability by decreasing dependence on imported feedstocks. According to the research report "Australia Pig Feed Market Research Report, 2029," published by Actual Market Research, the Australia Pig Feed market is expected to reach a market size of more than USD 3.4 Billion by 2029. One of the major developments in recent times is the creation of precision feeding systems, which utilize live data to enhance feed distribution for individual pigs. These systems make sure pigs get the correct feed amount according to their growth phase and nutrient requirements, decreasing waste and enhancing growth speeds. An additional area of advancement involves adding functional feed supplements like prebiotics, probiotics, and enzymes. Ridley Corporation, a major feed producer in Australia, provides a variety of animal feeds, including pig feed. Ridley has made substantial investments in research and development, with a focus on enhancing feed efficiency and sustainability. Alltech Australia is also a key participant in the industry, recognized for their knowledge in animal nutritional products and feed supplements. The industry body, Australian Pork Limited (APL), collaborates closely with feed producers to advocate for best practices in pig nutrition. APL partners with universities and research centers to research ways to enhance feed efficiency and animal welfare. Feed producers are collaborating with tech companies to incorporate precise feeding systems into pig farms. Primary partners for imports are the US, China, and European nations, providing unique feed ingredients not made within the country. When it comes to exports, Australia sends out a small amount of its pig feed to nearby countries, mainly in Southeast Asia. The nation's renown for top-notch agricultural goods has enabled it to establish a specialized market for high-end pig feed in the area.

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Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally

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Pelleted feed holds the top position in the Australian pig feed market due to its effectiveness and capacity to enhance feed conversion rates. Pelleted feed provides various benefits compared to other forms like mash or crumbles. Improved digestibility is one of the main advantages. Pelleting helps to break down the feed ingredients so that the nutrients become more easily available to pigs, leading to enhanced growth rates and better overall health for the animals. Moreover, pellets are more manageable and convenient to store, making them ideal for commercial pig farming in Australia's contemporary livestock sector. Despite the higher production cost compared to mash, pellets are economically advantageous due to their higher feed conversion ratio (FCR). Pellets help to minimize feed waste by being less prone to scattering or getting lost during feeding, a problem often encountered with mash feed. Additionally, the pelleting procedure decreases the number of pathogens and impurities, guaranteeing a safer and more sanitary feeding process, which is crucial for preserving the well-being of herds in extensive farming settings. Mash feed, which was once widely used in smaller, older farms, has decreased in popularity due to the growth of commercial farms and advancements in pig farming technology. Crumbles, falling between mash and pellets in terms of size, are sometimes utilized, but pellets are more prevalent due to their versatility throughout different phases of pig development. Grower feed holds the top spot in the Australian pig feed market because of its important role in optimizing pig growth during their most productive development phase. Grower feed is specially formulated to fulfill the nutritional requirements of pigs from weaning to market weight, a time when pigs go through quick weight increase. The nutrition contains high levels of proteins, necessary vitamins, and minerals that help with muscle growth, immune system operation, and general well-being. This stage is essential for farmers as it has a direct influence on the profitability of pig farming, with grower feed being a major priority for both small-scale and commercial producers. Grower feed is commonly given in pellet form to enhance feed conversion efficiency, ensuring pigs gain weight quickly with minimal feed wastage. The focus on efficiency during this stage is in line with the industry's goal of increased productivity and cost-efficiency. Australian commercial pig farms that are big players in the industry heavily depend on grower feed to speed up the process from weaning to market, ultimately maximizing their efficiency. Although starter feed is crucial for a brief period, sow feed is vital for breeding pigs, guaranteeing the well-being of sows during gestation and lactation. Considered in this report • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029

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Kripa Shah

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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

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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.