Market Size of United Kingdom Compound Feed Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.90 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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UK Compound Feeds Market Analysis
The market for compound feed in the United Kingdom is projected to register a CAGR of 3.9% during the forecast period. The growing demand for meat increased awareness regarding quality meat and milk products and increased livestock production are the factors augmenting the growth of the market studied. Additionally, the United Kingdom gained access to Taiwan for pig meat exports in 2018, which is further expected to allow the pig and pork producers to capture the potential export market space. Thus, this is expected to boost the demand for compound feed for pigs, domestically. Poultry segment dominates the market owing to the demand from the consumer end leading to higher production. Some of the leading players in the market are Cargill, Incorporated, Alltech Inc., ABN, Midland Feeds, and For Farmers.