Europe Feed Pelletizing Agents Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.30 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Feed Pelletizing Agents Market Analysis
Europe feed pelletizing market is projected to register a CAGR of 4.3% during the forecast period 2020-2025. Feed pelletizing agents convert finely ground mash into capsules or tablet form, in a process that involves mechanical pressure and steam injection. Feed pelletizing agents serve feed pelletizing mills. Europe is the very first market for feed pelletizers across the globe. Developed countries in Europe like Germany, Italy, and the United Kingdom led production for many decades and are the major markets due to the efficient livestock industry. Europe has strict regulatory bodies regarding animal feed and feed additives, they differ from each country. However, developing countries are cheaper sources to reduce the cost of production, but due to varying regulators the approval of agents produced in developing countries are not accepted in developed nation.
Europe Feed Pelletizing Agents Market Trends
This section covers the major market trends shaping the Europe Feed Pelletizing Agents Market according to our research experts:
Increasing Demand for Animal Feed
Lignin is used as an additive for livestock feed, to enhance the physical properties of the feed and, in turn, improve the health of livestock. Sodium lignosulfonates and calcium lignosulfonates are used to produce highly-efficient animal feed pellets. The intensification of livestock production and growing awareness about nutrient requirements have increased the dependence on commercially-manufactured compound feed. Lignin extracted from waste by various pulping techniques, like kraft lignin, is available at cheaper rates. This has resulted in increased adoption of lignin, as an additive to manufacture compound feed materials. Hence, the increasing demand for meat production and the rise in the number of middle-class families across the region is expected to spur the feed pelletizing agents, during the forecast period.
Increased Consumption of Meat Products
The population has been growing, as the population grows there are more to be fed which is increasing the demand for protein, especially animal protein. To meet the market demands, farmers were pressurized to increase animal production. Pelleted feed helped them to achieve significant results. Presently, every type of feed with high and low quality is available in the form of pellets. Pelletizing agents are added to feed during the processing stage. They bond the feed together in the required size and shape to form a pellet. In most of the cases, it is also proven that the pelletizing costs are easily overcome by the pelleted feed effect on animals with high improvements in performance. High costs involved in processing the feed to pellet form are barricading the growth of the market. Moreover, unfavorable climatic conditions have also led to a rise in the cost of raw materials. Feed Pelletizing market is mainly driven by the advantages of pelleted feed such as higher feed intake and weight gain of animals. The market is further expanded with more evidence of the enhanced performance of animals due to pelleted feed. Pelleted feed is also proven as easy to digest in many animals as the process breaks many long-chain molecules. Ease of handling and transportation aids the market to grow further.
Europe Feed Pelletizing Agents Industry Overview
In Europe, the Market for feed pelletizing agents is concentrated in developed countries and is growing in developing countries like Albania, Belarus, and Romania. The market is moving from developed to developing countries. As ingredients were cheaper in developing nations and pelleted feed production is low. Firms like BASF, Uniscope Inc., Archer Daniels Midland Company are present in Europe. Acquisition and Expansion are the key strategies adopted by companies. Companies invest well in research & department teams to sustain market demand and innovation.
Europe Feed Pelletizing Agents Market Leaders
-
BASF SE
-
Uniscope Inc.
-
Archer Daniels Midland Company
-
Borregaard LignoTech
-
Bentonite Performance Minerals LLC
*Disclaimer: Major Players sorted in no particular order
Europe Feed Pelletizing Agents Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
-
4.4 Porters Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 Type
- 5.1.1 Natural
- 5.1.2 Synthetic
-
5.2 Animal Type
- 5.2.1 Ruminants
- 5.2.2 Poultry
- 5.2.3 Swine
- 5.2.4 Aquaculture
- 5.2.5 Other Animals
-
5.3 Geography
- 5.3.1 United Kingdom
- 5.3.2 France
- 5.3.3 Germany
- 5.3.4 Spain
- 5.3.5 Russia
- 5.3.6 Italy
- 5.3.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
-
6.3 Company Profiles
- 6.3.1 Uniscope Inc
- 6.3.2 Archer Daniels Midland Company
- 6.3.3 BASF
- 6.3.4 Borregaard LignoTech
- 6.3.5 AllTech
- 6.3.6 Cargill Inc.
- 6.3.7 Bentonite Performance Minerals LLC.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19
** Subject To AvailablityEurope Feed Pelletizing Agents Industry Segmentation
The Europe Feed Pelletizing Agent is segmented By Type (Natural and Synthetic), By Animal Type (Ruminants, Poultry, Swine, Aquaculture, and Others) in the countries like the United Kingdom, France, Germany, Spain, Russia, Italy and Rest of Europe.
Type | Natural |
Synthetic | |
Animal Type | Ruminants |
Poultry | |
Swine | |
Aquaculture | |
Other Animals | |
Geography | United Kingdom |
France | |
Germany | |
Spain | |
Russia | |
Italy | |
Rest of Europe |
Europe Feed Pelletizing Agents Market Research FAQs
What is the current Europe Feed Pelletizing Agents Market size?
The Europe Feed Pelletizing Agents Market is projected to register a CAGR of 4.30% during the forecast period (2024-2029)
Who are the key players in Europe Feed Pelletizing Agents Market?
BASF SE, Uniscope Inc., Archer Daniels Midland Company, Borregaard LignoTech and Bentonite Performance Minerals LLC are the major companies operating in the Europe Feed Pelletizing Agents Market.
What years does this Europe Feed Pelletizing Agents Market cover?
The report covers the Europe Feed Pelletizing Agents Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Feed Pelletizing Agents Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Feed Pelletizing Agents Industry Report
Statistics for the 2024 Europe Feed Pelletizing Agents market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Feed Pelletizing Agents analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.