Europe feed phosphate market is expected to reach USD 0.43 billion in 2024 and reach USD 0.47 billion by 2029, growing at a CAGR 2.70% from 2024 to 2029.
Phosphate is a vital nutrient to the animals for optimal growth, fertility, and bone development. But they couldn’t produce enough phosphate on their own, and hence, it is added to the animal feed to deliver the required nutritional content. There are various advantages related to phosphate feed usage, which include meat quality improvement, nutritional quality enhancement, and ease of feed digestibility.
The rising consumption of meat, the structuring of the pork and poultry industry, and the development of livestock during their growth stages are some of the factors driving the market. However, the increasing expense of raw materials, stringent regulations, and the low availability of phosphate reserves are some of the major factors restraining the market.
This research report on the European feed phosphate market is segmented and sub-segmented into the following categories.
Europe Feed Phosphate Market - By Type:
Europe Feed Phosphate Market - By Livestock:
Europe Feed Phosphate Market - By Country:
The market in Europe is highly regulated by administrative bodies like the European Chemical Industry Council and the European Food Safety Authority.
KEY MARKET PLAYERS:
The key players in the market include EuroChem Ltd., The Mosaic Company, PhosAgro, Potash Corp., and OCP Group.
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