Market Size of Europe Feed Pelletizing Agents Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.30 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Feed Pelletizing Agents Market Analysis
Europe feed pelletizing market is projected to register a CAGR of 4.3% during the forecast period 2020-2025. Feed pelletizing agents convert finely ground mash into capsules or tablet form, in a process that involves mechanical pressure and steam injection. Feed pelletizing agents serve feed pelletizing mills. Europe is the very first market for feed pelletizers across the globe. Developed countries in Europe like Germany, Italy, and the United Kingdom led production for many decades and are the major markets due to the efficient livestock industry. Europe has strict regulatory bodies regarding animal feed and feed additives, they differ from each country. However, developing countries are cheaper sources to reduce the cost of production, but due to varying regulators the approval of agents produced in developing countries are not accepted in developed nation.