Europe swine feed market

Published 2023년 6월 29일

Tridge summary

The European pig feed market is expected to grow at a CAGR of 4.3% between 2020 and 2025. Europe is the largest producer and exporter of pork, and the demand for pig feed is increasing due to the growing commodity of pork meat. Cereal grains, particularly oats, are the dominant ingredient in pig feed, and this trend is expected to continue. The market is highly competitive, with a few major players holding a significant market share.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The European pig feed market is anticipated to enroll a CAGR of 4.3% during the estimate time frame, 2020-2025. Based on data provided by the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, there was an observed increase in the goods and services deficit during February 2023. The deficit grew by $1.9 billion, reaching $70.5 billion compared to the previous month’s figure of $68.7 billion. This increase can be attributed to a rise in the goods deficit, which expanded by $2.7 billion to reach $93.0 billion, and a smaller increase in the services surplus by $0.8 billion, resulting in a surplus of $22.4 billion. However, when compared to the same period in 2022, there has been a notable reduction in the goods and services deficit, amounting to $35.5 billion or a 20.3 percent decrease. This improvement can be attributed to a significant increase in exports, which rose by $49.5 billion or 10.8 percent. On the other hand, imports also grew by 2.2 percent, amounting to $14.0 ...
Source: Taiwannews

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