Market Size of Europe Feed Pelletizing Agents Industry
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 |
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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 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 Size Summary
The Europe feed pelletizing agents market is experiencing steady growth, driven by the region's advanced livestock industry and stringent regulatory standards. As the first market for feed pelletizers globally, Europe, particularly countries like Germany, Italy, and the United Kingdom, has led in production due to its efficient livestock sector. Feed pelletizing agents play a crucial role in converting finely ground mash into pellets through mechanical pressure and steam injection, enhancing the physical properties of animal feed. The use of lignin, derived from waste by various pulping techniques, has gained traction as a cost-effective additive to improve feed quality. This trend is fueled by the increasing demand for meat production and the rise of middle-class families in Europe, which is expected to bolster the market for feed pelletizing agents in the coming years.
The market dynamics are influenced by the growing need for animal protein due to population growth, prompting farmers to enhance animal production through pelleted feed. Despite the high costs associated with processing feed into pellet form, the benefits, such as improved animal performance and ease of digestion, outweigh these expenses. The market is expanding as pelleted feed proves to be more efficient in terms of feed intake and weight gain. While the market is predominantly concentrated in developed countries, there is a noticeable shift towards developing nations like Albania, Belarus, and Romania, where cheaper ingredients and lower production costs are attracting attention. Key players in the market, including BASF, Uniscope Inc., and Archer Daniels Midland Company, are focusing on acquisitions and expansions, investing in research and development to meet evolving market demands and drive innovation.
Europe Feed Pelletizing Agents Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porters Five Force Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Type
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2.1.1 Natural
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2.1.2 Synthetic
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2.2 Animal Type
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2.2.1 Ruminants
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2.2.2 Poultry
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2.2.3 Swine
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2.2.4 Aquaculture
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2.2.5 Other Animals
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2.3 Geography
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2.3.1 United Kingdom
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2.3.2 France
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2.3.3 Germany
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2.3.4 Spain
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2.3.5 Russia
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2.3.6 Italy
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2.3.7 Rest of Europe
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Europe Feed Pelletizing Agents Market Size 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.