Market Size of Russia Compound Feed Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Russia Compound Feed Market Analysis
The market for compound feed in Russia is projected to register at a CAGR of 4.2% during the forecast period. The government of Russia has also prioritized the feed industry, by extending direct and indirect subsidies to the producers. Several feed companies are reviving the previously discontinued investment projects on feed. The rising trend of meat consumption is further expected to continue, due to a systemic decrease in the wholesale and retail prices of pork and poultry supported by expanding domestic production. Moreover, in 2019, The All-Russian Research Institute of Feed undertook a project to increase both the volume and quality of feed, by expanding feed production to the vast territory of Russia.
