Market Size of Europe Feed Premix Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Feed Premix Market Analysis
The European feed premix market is projected to register a CAGR of 3.2% during the forecast period(2020-2025). The rising demand for meat, fish, poultry, and other products in the region created a situation of enhancing yield by improving the performance. This, in turn, resulted in scientific feeding practices. The growth of the market in the region is mainly driven by the increasing production, rising animal health concerns, and growing industrialization of livestock. Increased Food safety concerns, especially in the meat and dairy products have led to increased consumption of compound feed and influenced the feed premix market in the region.
The poultry segment is anticipated to be the fastest-growing segment owing to the rising meat consumption which will, in turn, influence the feed and feed premix production for the segment. For instance, according to the Organisation for Economic Co-operation and Development, in 2018 the per capita poultry meat consumption in the United Kingdom was 27.8Kg that rose to 28.3 Kg in 2019. Royal Agrifirm Group, Trow Nutrition, Dutch Farm, Cargill, Incorporated, and Vilofoss are some of the leading players in the market.
Europe Feed Premix Industry Segmentation
Feed premixes are mixtures of one or more essential animal nutrients mixed by livestock farmers with home-grown feed to provide their animal optimum nutrition and other major feed industries in the region.
The feed premix market is segmented by animal type (ruminant, poultry, swine, aquaculture, and other animal types), by ingredient (antibiotics, vitamins, antioxidants, amino acids, minerals, and other types). The market is segmented by geography to assess the key trends in the major countries, such as the United Kingdom, Spain, Italy, Germany, France, Russia, and Rest of Europe.
| Animal Type | |
| Ruminant | |
| Poultry | |
| Swine | |
| Acquaculture | |
| Other Animal Types |
| Ingredient | |
| Antibiotics | |
| Vitamins | |
| Antioxidants | |
| Amino Acids | |
| Minerals | |
| Other Ingredients |
| Geography | |
| United Kingdom | |
| Spain | |
| Italy | |
| Germany | |
| France | |
| Russia | |
| Rest of Europe |
Europe Feed Premix Market Size Summary
The European feed premix market is experiencing growth driven by the increasing demand for meat, fish, and poultry products, which has led to the adoption of scientific feeding practices to enhance yield and performance. This growth is further supported by rising animal health concerns and the industrialization of livestock, which have boosted the consumption of compound feed. The market is also influenced by heightened food safety concerns, particularly in meat and dairy products, prompting a greater reliance on feed premixes. The poultry segment is expected to be the fastest-growing due to the rising consumption of poultry meat, which is the most popular type of meat in Europe. This shift in consumption patterns has created pressure on farmers to maintain production growth to meet the demand-supply balance.
The production of compound feed is anticipated to rise, acting as a catalyst for the feed premix market in the region. The increasing production of livestock, such as cattle and pigs, along with the growing poultry population, has created a significant demand for feed premix products. The market is characterized by fragmentation, with major players like BASF SE, Nutreco NV, and Cargill Inc. adopting strategies such as mergers, acquisitions, and product launches to strengthen their market positions. Regulatory concerns over feed inputs and food safety, especially due to recent disease outbreaks, are key factors driving demand in the region. The market's competitive landscape is marked by strategic expansions and acquisitions, as companies seek to enhance their product portfolios and enter new markets.
Europe Feed Premix 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 Porter's Five Force Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Threat of New Entrants
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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 Animal Type
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2.1.1 Ruminant
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2.1.2 Poultry
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2.1.3 Swine
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2.1.4 Acquaculture
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2.1.5 Other Animal Types
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2.2 Ingredient
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2.2.1 Antibiotics
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2.2.2 Vitamins
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2.2.3 Antioxidants
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2.2.4 Amino Acids
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2.2.5 Minerals
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2.2.6 Other Ingredients
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2.3 Geography
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2.3.1 United Kingdom
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2.3.2 Spain
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2.3.3 Italy
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2.3.4 Germany
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2.3.5 France
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2.3.6 Russia
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2.3.7 Rest of Europe
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Europe Feed Premix Market Size FAQs
What is the current Europe Feed Premix Market size?
The Europe Feed Premix Market is projected to register a CAGR of 3.20% during the forecast period (2024-2029)
Who are the key players in Europe Feed Premix Market?
Cargill, Incorporated, Royal Agrifirm Group, Dutch Farm, Vilofoss and Trow Nutrition are the major companies operating in the Europe Feed Premix Market.
