Market Size of Italy Compound Feed Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.30 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Italy Compound Feed Market Analysis
The market for compound feed in Italy is projected to register a CAGR of 3.3% during the forecast period. According to the European Feed Manufacturers' Federation (FEFAC), compound feed production in Italy totaled 13.98 million metric tons in 2018, a 2.2% rise from 13.69 million metric tons in 2017. Italian consumers have been increasingly inclining toward high-quality meat and meat products, with 45% of the consumers preferring the meat that is sourced domestically. Thus, this has resulted in a widespread development in the breeding of the domestic cattle breeds, according to studies such as 'Vitelloni Piemontesi Della Coscia' PGI, currently 315,000 head in number, 52,000 Marchigiana, 46,000 Chianina, 12,000 Romagnola, and 5,000 Podolia.
