Market Size of Europe Swine Feed Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.30 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Swine Feed Market Analysis
The Europe swine feed market is predicteded to register a CAGR of 4.3% during the forecast period, 2020-2025. According to FAO (Food and Agricultural Organization), 50% of the global pig population is concentrated in China followed by European Union. Swine feed is prepared from a combination of nutrients, either from plant or animal sources, mainly consisting of soy meal, corn, barley, wheat, sorghum, minerals, vitamins, other micro nutrients and antibiotics.Swine feed is prepared from a combination of nutrients, either from plant or animal sources, mainly consisting of soy meal, corn, barley, wheat, sorghum, minerals, vitamins, other micro nutrients and antibiotics. Such trends of higher demand of pig meat show that Europe will remain the highest compound feed consumers for pork production.