Market Size of Europe Swine Feed Premix Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 2.20 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Swine Feed Premix Market Analysis
The Europe Swine Feed Premix Market is projected to register a CAGR of 2.2% during the forecast period 2020-2025. Premixes are a complex mix of vitamins, minerals, trace elements, and other nutritional additives which are incorporated in feed between 0.2 and 2% (micro premix) or between 2% to 8% (macro premix, including proteins, salts, amino acids). The rate of consumption of fresh meat is gradually decelerating in Europe due to the consumer shift to processed pork. The processed meat industry demands high-quality meat with uniform taste and texture. As a result, more numbers of livestock manufacturers are turning towards feed premix to maintain consistency in the taste and texture of pork.