Market Size of Europe Feed Premix Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Feed Premix Market Analysis
The European feed premix market is projected to register a CAGR of 3.2% during the forecast period(2020-2025). The rising demand for meat, fish, poultry, and other products in the region created a situation of enhancing yield by improving the performance. This, in turn, resulted in scientific feeding practices. The growth of the market in the region is mainly driven by the increasing production, rising animal health concerns, and growing industrialization of livestock. Increased Food safety concerns, especially in the meat and dairy products have led to increased consumption of compound feed and influenced the feed premix market in the region.
The poultry segment is anticipated to be the fastest-growing segment owing to the rising meat consumption which will, in turn, influence the feed and feed premix production for the segment. For instance, according to the Organisation for Economic Co-operation and Development, in 2018 the per capita poultry meat consumption in the United Kingdom was 27.8Kg that rose to 28.3 Kg in 2019. Royal Agrifirm Group, Trow Nutrition, Dutch Farm, Cargill, Incorporated, and Vilofoss are some of the leading players in the market.
