Europe Feed Vitamins Market Size
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 422.76 Million |
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Market Size (2029) | USD 512.36 Million |
|
Largest Share by Sub Additive | Vitamin E |
|
|
CAGR (2024 - 2029) | 3.92 % |
|
Largest Share by Country | Spain |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Feed Vitamins Market Analysis
The Europe Feed Vitamins Market size is estimated at 422.76 million USD in 2024, and is expected to reach 512.36 million USD by 2029, growing at a CAGR of 3.92% during the forecast period (2024-2029).
422.76 Million
Market Size in 2024 (USD)
512.36 Million
Market Size in 2029 (USD)
1.85 %
CAGR (2017-2023)
3.92 %
CAGR (2024-2029)
Largest Market by Sub-Additive
27.34 %
value share, Vitamin E, 2023
Vitamin E is the largest segment in the market as it increases resistance toward infections in farm animals and increases the immune system's response against certain infections.
Largest Market by Country
15.75 %
value share, Spain, 2023
Owing to the increased feed production, rise in demand for meat, and increased awareness of healthy diets, the demand for vitamins is highest in Spain among other countries.
Fastest-growing Market by Sub-Additive
4.09 %
Projected CAGR, Vitamin C, 2024-2029
Vitamin C is the fastest-growing segment because of its important role in immunity development, nutrient metabolism, detoxification, and reproduction of animals.
Fastest-growing Market by Country
4.85 %
Projected CAGR, United Kingdom, 2024-2029
The United Kingdom is the fastest-growing market due to increased poultry feed production, rising meat consumption, and rising awareness about healthy feed.
Leading Market Player
17.06 %
market share, DSM Nutritional Products AG, 2022
DSM is the market leader in Europe because it has been increasing its product portfolio by expanding its animal nutrition research facility in Austria.
- The European feed vitamins market grew steadily, with a 7.5% increase in market share between 2017 and 2022, accounting for 5.1% of the total feed additive market in 2022. Feed vitamins play a vital role in animal growth, regulating body functions, promoting disease resistance, and bone development. Among feed vitamins, vitamin E was the most consumed vitamin in the region, with a market value of USD 107.2 million in 2022, and it is projected to record a CAGR of 4.0% during the forecast period. Vitamin E helps in increasing resistance to infection in farm animals and promotes the immune response against infections.
- Vitamin A is the second major vitamin consumed in Europe, with a market value that increased by 7.9% from 2017 to 2022. It is in high demand due to its role in proper bone formation, growth, energy metabolism, skin and hoof tissue maintenance, and vision. Spain, France, Germany, and Russia are the major country-wise markets in Europe for feed vitamins and held a combined share of 53.9% in the European feed vitamins market in 2022. Spain had the largest market share due to its higher feed production, accounting for approximately 12.1% of the total feed production in the region in 2022.
- The vitamin C segment is expected to be the fastest-growing segment in the European feed vitamins market during the forecast period, with a CAGR of 4.1%. Vitamin C plays an essential physiological role in the enzyme system, immunity development, nutrient metabolism, detoxification, and reproduction of animals. The importance of vitamins in animal nutrition is driving the market's growth, which is anticipated to record a CAGR of 3.9% during the forecast period. Feed vitamins are crucial for the growth and health of animals, and their demand is expected to continue growing over the coming years.
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- The European region was a significant market for feed vitamins globally, with a market value that increased by 7.5% between 2017 and 2022, accounting for 5.1% of the European feed additives market. Feed vitamins play a crucial role in promoting resistance to diseases, regulating body functions, improving immune health, and keeping animals healthy.
- Vitamin E held the largest market share in the region, with 27.3%. At the same time, vitamin C is expected to be the fastest-growing segment, with a projected CAGR of 4.1% during the forecast period. Spain, France, Germany, Russia, and the United Kingdom were the major markets for feed vitamins in the region, together accounting for 64.4% of the region's feed vitamins market share value in 2022.
- Spain, with a livestock population, held the major market for feed vitamins, accounting for a value of USD 61.6 million in 2022. France was the second-largest market for feed vitamins in the region, projected to grow and register a CAGR of 3.5% during the forecast period, while the United Kingdom is expected to be the fastest-growing market in the region, with a projected CAGR of 4.8% during the forecast period (2023-2029), driven by an increase in livestock population.
- The total feed production in Europe was 262.9 million metric tons in 2022, increasing by 2.0% from 2017. The increased feed production, coupled with a growing livestock population and meat consumption, is anticipated to drive the market with a CAGR of 3.9% during the forecast period (2023-2029). The importance of feed vitamins in promoting animal health and productivity is expected to maintain the growth trend of the European feed vitamins market.
Europe Feed Vitamins Market Trends
Europe is 3rd largest exporter of poultry meat and broiler meat production accounted for 82.6% of poultry meat production which is expected to drive the demand for poultry production
- Europe is a prominent global poultry meat producer and exporter, with an estimated annual poultry meat production of approximately 13.4 million metric ton in 2021. Despite being the second most consumed meat in the region at 26.9 kg per capita per year, poultry production within Europe has not kept pace with rising global demand. In 2021, the largest poultry meat producers in the European region included Poland (accounting for 19.2% of production, or 2.5 million metric tons), France (12.5%, or 1.6 million metric tons), Spain (12.3%), Germany (12%), and Italy (10.4%).
- Within the European Union, broiler meat production constituted the majority (82.6%) of total poultry meat production in 2021, followed by duck meat at 3.3%. Europe's poultry flock numbered approximately 2.45 billion birds in 2021, with Russia, France, the Netherlands, Ukraine, Poland, and the United Kingdom collectively comprising more than 50% of the population. The laying hen segment is experiencing growth across Europe due to increased egg consumption, which rose to 6,135 thousand metric ton in 2021 from 5,864 metric ton in 2017.
- As the fourth-largest importer and the third-largest exporter of poultry meat, Europe is a significant participant in the global poultry meat market. In 2021, the European Union exported roughly 2,252 thousand metric ton (carcass weight) of poultry meat to various countries, including the United Kingdom, Ghana, and Ukraine. The rising production of poultry birds, increasing demand for poultry products, and growing consumption of eggs are expected to be the key drivers of market growth in the European region.
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High demand for fish feed which accounted for 82% and surge in seafood imports had a negative impact on compound feed for aquaculture
- In 2022, Europe held a significant share of 8.0% in the global aquaculture compound feed production, with a volume of 4.5 million metric tons. Compound feed production saw a notable increase of 15% between 2018 and 2022, driven by the growing demand for nutrient-balanced feed to reduce disease risk and improve feed efficiency. However, aquaculture feed production observed a decline of 21.2% in 2018, which may have been influenced by the surge in seafood imports and the relatively low prices of imported seafood, impacting the European compound feed market in 2018.
- The major aquaculture feed producers in Europe are Turkey, the United Kingdom, the Netherlands, Spain, Italy, and France, and the region produced 17.4 million metric tons of aquaculture species in 2021, recording a growth of 1.7% since 2018. The growth was attributed to the rise in population and per capita seafood consumption, which is driving aquaculture production in the region. This, in turn, is propelling the demand for compound feed, which is expected to increase by 18.2% during the forecast period (2023-2029).
- Fish feed dominated aquaculture feed production, accounting for an 82% share in 2022, followed by the shrimp and other aquatic species sub-segments, with shares of 4.3% and 13.7%, respectively, in the region. Fish food is the most consumed aquatic food across the region, and it is highly produced in comparison to other aquatic species. The expanding aquaculture industry, the rising demand for seafood and aquaculture products, and the growing awareness regarding high-quality meat are the major factors augmenting the growth of the market studied.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Europe's diary sector is witnessing growth and beef meat is the third largest meat consumed in the region which is contributing to the growth of ruminants population
- Avian influenza outbreak and Russia- Ukraine war had negative impact on feed production but growth in poultry population has increased the demand for poultry feed
- African swine fever (ASF) epidemic in the eastern EU countries and high cost of grains had a negative impact during 2020-2021 and increasing swine population will increase the demand for producing swine feed
- Spain's pig population was 24.3% of the Europe's pig population and government support in Hungary for rearing is further helping in increasing the demand for swine
- Government funding and lower financial risks are helping in increasing the production of ruminants feed but animal welfare policies and increasing utility costs are restrains for region
Europe Feed Vitamins Industry Overview
The Europe Feed Vitamins Market is moderately consolidated, with the top five companies occupying 52.05%. The major players in this market are Adisseo, Archer Daniel Midland Co., BASF SE, Brenntag SE and DSM Nutritional Products AG (sorted alphabetically).
Europe Feed Vitamins Market Leaders
Adisseo
Archer Daniel Midland Co.
BASF SE
Brenntag SE
DSM Nutritional Products AG
Other important companies include Biovet S.A., Dangschat T.O.H. GmbH & Co. KG, Impextraco NV, Lonza Group Ltd., Prinova Group LLC.
*Disclaimer: Major Players sorted in alphabetical order.
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Europe Feed Vitamins Market News
- July 2022: BASF invested in a vitamin A plant in Ludwigshafen, Germany, to enhance the vitamin A supply and strengthen its position as an ingredients partner for animal nutrition.
- December 2021: Brenntag expanded its animal nutrition site in Kedzierzyn-Kozle, Poland. With this expansion, the company increases its production efficiency and capabilities in the animal nutrition industry.
- October 2021: DSM expanded its reach by establishing an Analytical Center of Excellence in Tulln, Lower Austria. The cutting-edge facilities will be utilized to carry out nutritional assessments, which will serve as the basis for assisting farmers in significantly improving the nutrition, health, and sustainability of cattle.
Free with this Report
We provide a complimentary and exhaustive set of data points on regional and country-level metrics that present the fundamental structure of the industry. Presented in the form of 35+ free charts, the section covers difficult-to-find data of various regions on feed production through various animal categories such as Ruminants, Poultry, Swine, and Aquaculture.
Europe Feed Vitamins Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
-
4.1 Animal Headcount
- 4.1.1 Poultry
- 4.1.2 Ruminants
- 4.1.3 Swine
-
4.2 Feed Production
- 4.2.1 Aquaculture
- 4.2.2 Poultry
- 4.2.3 Ruminants
- 4.2.4 Swine
-
4.3 Regulatory Framework
- 4.3.1 France
- 4.3.2 Germany
- 4.3.3 Italy
- 4.3.4 Netherlands
- 4.3.5 Russia
- 4.3.6 Spain
- 4.3.7 Turkey
- 4.3.8 United Kingdom
- 4.4 Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
-
5.1 Sub Additive
- 5.1.1 Vitamin A
- 5.1.2 Vitamin B
- 5.1.3 Vitamin C
- 5.1.4 Vitamin E
- 5.1.5 Other Vitamins
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5.2 Animal
- 5.2.1 Aquaculture
- 5.2.1.1 By Sub Animal
- 5.2.1.1.1 Fish
- 5.2.1.1.2 Shrimp
- 5.2.1.1.3 Other Aquaculture Species
- 5.2.2 Poultry
- 5.2.2.1 By Sub Animal
- 5.2.2.1.1 Broiler
- 5.2.2.1.2 Layer
- 5.2.2.1.3 Other Poultry Birds
- 5.2.3 Ruminants
- 5.2.3.1 By Sub Animal
- 5.2.3.1.1 Beef Cattle
- 5.2.3.1.2 Dairy Cattle
- 5.2.3.1.3 Other Ruminants
- 5.2.4 Swine
- 5.2.5 Other Animals
-
5.3 Country
- 5.3.1 France
- 5.3.2 Germany
- 5.3.3 Italy
- 5.3.4 Netherlands
- 5.3.5 Russia
- 5.3.6 Spain
- 5.3.7 Turkey
- 5.3.8 United Kingdom
- 5.3.9 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
-
6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
- 6.4.1 Adisseo
- 6.4.2 Archer Daniel Midland Co.
- 6.4.3 BASF SE
- 6.4.4 Biovet S.A.
- 6.4.5 Brenntag SE
- 6.4.6 Dangschat T.O.H. GmbH & Co. KG
- 6.4.7 DSM Nutritional Products AG
- 6.4.8 Impextraco NV
- 6.4.9 Lonza Group Ltd.
- 6.4.10 Prinova Group LLC
7. KEY STRATEGIC QUESTIONS FOR FEED ADDITIVE CEOS
8. APPENDIX
-
8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Global Market Size and DROs
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- POPULATION OF POULTRY, NUMBER, EUROPE, 2017-2022
- Figure 2:
- POPULATION OF RUMINANTS, NUMBER, EUROPE, 2017-2022
- Figure 3:
- POPULATION OF SWINE, NUMBER, EUROPE, 2017-2022
- Figure 4:
- PRODUCTION VOLUME OF AQUACULTURE FEED, METRIC TON, EUROPE, 2017-2022
- Figure 5:
- PRODUCTION VOLUME OF POULTRY FEED, METRIC TON, EUROPE, 2017-2022
- Figure 6:
- PRODUCTION VOLUME OF RUMINANTS FEED, METRIC TON, EUROPE, 2017-2022
- Figure 7:
- PRODUCTION VOLUME OF SWINE FEED, METRIC TON, EUROPE, 2017-2022
- Figure 8:
- VOLUME OF FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 9:
- VALUE OF FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 10:
- VOLUME OF FEED VITAMINS BY SUB ADDITIVE CATEGORIES, METRIC TON, EUROPE, 2017 - 2029
- Figure 11:
- VALUE OF FEED VITAMINS BY SUB ADDITIVE CATEGORIES, USD, EUROPE, 2017 - 2029
- Figure 12:
- VOLUME SHARE OF FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2017,2023 AND 2029
- Figure 13:
- VALUE SHARE OF FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2017,2023 AND 2029
- Figure 14:
- VOLUME OF VITAMIN A FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 15:
- VALUE OF VITAMIN A FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 16:
- VALUE SHARE OF VITAMIN A FEED VITAMINS BY ANIMAL TYPE, %, EUROPE, 2022 AND 2029
- Figure 17:
- VOLUME OF VITAMIN B FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 18:
- VALUE OF VITAMIN B FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 19:
- VALUE SHARE OF VITAMIN B FEED VITAMINS BY ANIMAL TYPE, %, EUROPE, 2022 AND 2029
- Figure 20:
- VOLUME OF VITAMIN C FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 21:
- VALUE OF VITAMIN C FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 22:
- VALUE SHARE OF VITAMIN C FEED VITAMINS BY ANIMAL TYPE, %, EUROPE, 2022 AND 2029
- Figure 23:
- VOLUME OF VITAMIN E FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 24:
- VALUE OF VITAMIN E FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 25:
- VALUE SHARE OF VITAMIN E FEED VITAMINS BY ANIMAL TYPE, %, EUROPE, 2022 AND 2029
- Figure 26:
- VOLUME OF OTHER VITAMINS FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 27:
- VALUE OF OTHER VITAMINS FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 28:
- VALUE SHARE OF OTHER VITAMINS FEED VITAMINS BY ANIMAL TYPE, %, EUROPE, 2022 AND 2029
- Figure 29:
- VOLUME OF FEED VITAMINS BY ANIMAL TYPE, METRIC TON, EUROPE, 2017 - 2029
- Figure 30:
- VALUE OF FEED VITAMINS BY ANIMAL TYPE, USD, EUROPE, 2017 - 2029
- Figure 31:
- VOLUME SHARE OF FEED VITAMINS BY ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 32:
- VALUE SHARE OF FEED VITAMINS BY ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 33:
- VOLUME OF AQUACULTURE FEED VITAMINS BY SUB ANIMAL TYPE, METRIC TON, EUROPE, 2017 - 2029
- Figure 34:
- VALUE OF AQUACULTURE FEED VITAMINS BY SUB ANIMAL TYPE, USD, EUROPE, 2017 - 2029
- Figure 35:
- VOLUME SHARE OF AQUACULTURE FEED VITAMINS BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 36:
- VALUE SHARE OF AQUACULTURE FEED VITAMINS BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 37:
- VOLUME OF FISH FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 38:
- VALUE OF FISH FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 39:
- VALUE SHARE OF FISH FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 40:
- VOLUME OF SHRIMP FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 41:
- VALUE OF SHRIMP FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 42:
- VALUE SHARE OF SHRIMP FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 43:
- VOLUME OF OTHER AQUACULTURE SPECIES FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 44:
- VALUE OF OTHER AQUACULTURE SPECIES FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 45:
- VALUE SHARE OF OTHER AQUACULTURE SPECIES FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 46:
- VOLUME OF POULTRY FEED VITAMINS BY SUB ANIMAL TYPE, METRIC TON, EUROPE, 2017 - 2029
- Figure 47:
- VALUE OF POULTRY FEED VITAMINS BY SUB ANIMAL TYPE, USD, EUROPE, 2017 - 2029
- Figure 48:
- VOLUME SHARE OF POULTRY FEED VITAMINS BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 49:
- VALUE SHARE OF POULTRY FEED VITAMINS BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 50:
- VOLUME OF BROILER FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 51:
- VALUE OF BROILER FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 52:
- VALUE SHARE OF BROILER FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 53:
- VOLUME OF LAYER FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 54:
- VALUE OF LAYER FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 55:
- VALUE SHARE OF LAYER FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 56:
- VOLUME OF OTHER POULTRY BIRDS FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 57:
- VALUE OF OTHER POULTRY BIRDS FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 58:
- VALUE SHARE OF OTHER POULTRY BIRDS FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 59:
- VOLUME OF RUMINANTS FEED VITAMINS BY SUB ANIMAL TYPE, METRIC TON, EUROPE, 2017 - 2029
- Figure 60:
- VALUE OF RUMINANTS FEED VITAMINS BY SUB ANIMAL TYPE, USD, EUROPE, 2017 - 2029
- Figure 61:
- VOLUME SHARE OF RUMINANTS FEED VITAMINS BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 62:
- VALUE SHARE OF RUMINANTS FEED VITAMINS BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 63:
- VOLUME OF BEEF CATTLE FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 64:
- VALUE OF BEEF CATTLE FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 65:
- VALUE SHARE OF BEEF CATTLE FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 66:
- VOLUME OF DAIRY CATTLE FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 67:
- VALUE OF DAIRY CATTLE FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 68:
- VALUE SHARE OF DAIRY CATTLE FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 69:
- VOLUME OF OTHER RUMINANTS FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 70:
- VALUE OF OTHER RUMINANTS FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 71:
- VALUE SHARE OF OTHER RUMINANTS FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 72:
- VOLUME OF SWINE FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 73:
- VALUE OF SWINE FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 74:
- VALUE SHARE OF SWINE FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 75:
- VOLUME OF OTHER ANIMALS FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 76:
- VALUE OF OTHER ANIMALS FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 77:
- VALUE SHARE OF OTHER ANIMALS FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 78:
- VOLUME OF FEED VITAMINS BY COUNTRY, METRIC TON, EUROPE, 2017 - 2029
- Figure 79:
- VALUE OF FEED VITAMINS BY COUNTRY, USD, EUROPE, 2017 - 2029
- Figure 80:
- VOLUME SHARE OF FEED VITAMINS BY COUNTRY, %, EUROPE, 2017,2023 AND 2029
- Figure 81:
- VALUE SHARE OF FEED VITAMINS BY COUNTRY, %, EUROPE, 2017,2023 AND 2029
- Figure 82:
- VOLUME OF FRANCE FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 83:
- VALUE OF FRANCE FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 84:
- VALUE SHARE OF FRANCE FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 85:
- VOLUME OF GERMANY FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 86:
- VALUE OF GERMANY FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 87:
- VALUE SHARE OF GERMANY FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 88:
- VOLUME OF ITALY FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 89:
- VALUE OF ITALY FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 90:
- VALUE SHARE OF ITALY FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 91:
- VOLUME OF NETHERLANDS FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 92:
- VALUE OF NETHERLANDS FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 93:
- VALUE SHARE OF NETHERLANDS FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 94:
- VOLUME OF RUSSIA FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 95:
- VALUE OF RUSSIA FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 96:
- VALUE SHARE OF RUSSIA FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 97:
- VOLUME OF SPAIN FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 98:
- VALUE OF SPAIN FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 99:
- VALUE SHARE OF SPAIN FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 100:
- VOLUME OF TURKEY FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 101:
- VALUE OF TURKEY FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 102:
- VALUE SHARE OF TURKEY FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 103:
- VOLUME OF UNITED KINGDOM FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 104:
- VALUE OF UNITED KINGDOM FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 105:
- VALUE SHARE OF UNITED KINGDOM FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 106:
- VOLUME OF REST OF EUROPE FEED VITAMINS, METRIC TON, EUROPE, 2017 - 2029
- Figure 107:
- VALUE OF REST OF EUROPE FEED VITAMINS, USD, EUROPE, 2017 - 2029
- Figure 108:
- VALUE SHARE OF REST OF EUROPE FEED VITAMINS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 109:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, EUROPE, 2017 - 2023
- Figure 110:
- MOST ADOPTED STRATEGIES, COUNT, EUROPE, 2017 - 2023
- Figure 111:
- VALUE SHARE OF MAJOR PLAYERS, %, EUROPE, 2022
Europe Feed Vitamins Industry Segmentation
Vitamin A, Vitamin B, Vitamin C, Vitamin E are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. France, Germany, Italy, Netherlands, Russia, Spain, Turkey, United Kingdom are covered as segments by Country.
- The European feed vitamins market grew steadily, with a 7.5% increase in market share between 2017 and 2022, accounting for 5.1% of the total feed additive market in 2022. Feed vitamins play a vital role in animal growth, regulating body functions, promoting disease resistance, and bone development. Among feed vitamins, vitamin E was the most consumed vitamin in the region, with a market value of USD 107.2 million in 2022, and it is projected to record a CAGR of 4.0% during the forecast period. Vitamin E helps in increasing resistance to infection in farm animals and promotes the immune response against infections.
- Vitamin A is the second major vitamin consumed in Europe, with a market value that increased by 7.9% from 2017 to 2022. It is in high demand due to its role in proper bone formation, growth, energy metabolism, skin and hoof tissue maintenance, and vision. Spain, France, Germany, and Russia are the major country-wise markets in Europe for feed vitamins and held a combined share of 53.9% in the European feed vitamins market in 2022. Spain had the largest market share due to its higher feed production, accounting for approximately 12.1% of the total feed production in the region in 2022.
- The vitamin C segment is expected to be the fastest-growing segment in the European feed vitamins market during the forecast period, with a CAGR of 4.1%. Vitamin C plays an essential physiological role in the enzyme system, immunity development, nutrient metabolism, detoxification, and reproduction of animals. The importance of vitamins in animal nutrition is driving the market's growth, which is anticipated to record a CAGR of 3.9% during the forecast period. Feed vitamins are crucial for the growth and health of animals, and their demand is expected to continue growing over the coming years.
| Sub Additive | Vitamin A | ||
| Vitamin B | |||
| Vitamin C | |||
| Vitamin E | |||
| Other Vitamins | |||
| Animal | Aquaculture | By Sub Animal | Fish |
| Shrimp | |||
| Other Aquaculture Species | |||
| Animal | Poultry | By Sub Animal | Broiler |
| Layer | |||
| Other Poultry Birds | |||
| Animal | Ruminants | By Sub Animal | Beef Cattle |
| Dairy Cattle | |||
| Other Ruminants | |||
| Animal | Swine | ||
| Other Animals | |||
| Country | France | ||
| Germany | |||
| Italy | |||
| Netherlands | |||
| Russia | |||
| Spain | |||
| Turkey | |||
| United Kingdom | |||
| Rest of Europe |
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Market Definition
- FUNCTIONS - For the study, feed additives are considered to be commercially manufactured products that are used to enhance characteristics such as weight gain, feed conversion ratio, and feed intake when fed in appropriate proportions.
- RESELLERS - Companies engaged in reselling feed additives without value addition have been excluded from the market scope, to avoid double counting.
- END CONSUMERS - Compound feed manufacturers are considered to be end-consumers in the market studied. The scope excludes farmers buying feed additives to be used directly as supplements or premixes.
- INTERNAL COMPANY CONSUMPTION - Companies engaged in the production of compound feed as well as the manufacturing of feed additives are part of the study. However, while estimating the market sizes, the internal consumption of feed additives by such companies has been excluded.
| Keyword | Definition |
|---|---|
| Feed additives | Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health. |
| Probiotics | Probiotics are microorganisms introduced into the body for their beneficial qualities. (It maintains or restores beneficial bacteria to the gut). |
| Antibiotics | Antibiotic is a drug that is specifically used to inhibit the growth of bacteria. |
| Prebiotics | A non-digestible food ingredient that promotes the growth of beneficial microorganisms in the intestines. |
| Antioxidants | Antioxidants are compounds that inhibit oxidation, a chemical reaction that produces free radicals. |
| Phytogenics | Phytogenics are a group of natural and non-antibiotic growth promoters derived from herbs, spices, essential oils, and oleoresins. |
| Vitamins | Vitamins are organic compounds, which are required for normal growth and maintenance of the body. |
| Metabolism | A chemical process that occurs within a living organism in order to maintain life. |
| Amino acids | Amino acids are the building blocks of proteins and play an important role in metabolic pathways. |
| Enzymes | Enzyme is a substance that acts as a catalyst to bring about a specific biochemical reaction. |
| Anti-microbial resistance | The ability of a microorganism to resist the effects of an antimicrobial agent. |
| Anti-microbial | Destroying or inhibiting the growth of microorganisms. |
| Osmotic balance | It is a process of maintaining salt and water balance across membranes within the body's fluids. |
| Bacteriocin | Bacteriocins are the toxins produced by bacteria to inhibit the growth of similar or closely related bacterial strains. |
| Biohydrogenation | It is a process that occurs in the rumen of an animal in which bacteria convert unsaturated fatty acids (USFA) to saturated fatty acids (SFA). |
| Oxidative rancidity | It is a reaction of fatty acids with oxygen, which generally causes unpleasant odors in animals. To prevent these, antioxidants were added. |
| Mycotoxicosis | Any condition or disease caused by fungal toxins, mainly due to contamination of animal feed with mycotoxins. |
| Mycotoxins | Mycotoxins are toxin compounds that are naturally produced by certain types of molds (fungi). |
| Feed Probiotics | Microbial feed supplements positively affect gastrointestinal microbial balance. |
| Probiotic yeast | Feed yeast (single-cell fungi) and other fungi used as probiotics. |
| Feed enzymes | They are used to supplement digestive enzymes in an animal’s stomach to break down food. Enzymes also ensure that meat and egg production is improved. |
| Mycotoxin detoxifiers | They are used to prevent fungal growth and to stop any harmful mold from being absorbed in the gut and blood. |
| Feed antibiotics | They are used both for the prevention and treatment of diseases but also for rapid growth and development. |
| Feed antioxidants | They are used to protect the deterioration of other feed nutrients in the feed such as fats, vitamins, pigments, and flavoring agents, thus providing nutrient security to the animals. |
| Feed phytogenics | Phytogenics are natural substances, added to livestock feed to promote growth, aid in digestion, and act as anti-microbial agents. |
| Feed vitamins | They are used to maintain the normal physiological function and normal growth and development of animals. |
| Feed flavors and sweetners | These flavors and sweeteners help to mask tastes and odors during changes in additives or medications and make them ideal for animal diets undergoing transition. |
| Feed acidifiers | Animal feed acidifiers are organic acids incorporated into the feed for nutritional or preservative purposes. Acidifiers enhance congestion and microbiological balance in the alimentary and digestive tracts of livestock. |
| Feed minerals | Feed minerals play an important role in the regular dietary requirements of animal feed. |
| Feed binders | Feed binders are the binding agents used in the manufacture of safe animal feed products. It enhances the taste of food and prolongs the storage period of the feed. |
| Key Terms | Abbreviation |
| LSDV | Lumpy Skin Disease Virus |
| ASF | African Swine Fever |
| GPA | Growth Promoter Antibiotics |
| NSP | Non-Starch Polysaccharides |
| PUFA | Polyunsaturated Fatty Acid |
| Afs | Aflatoxins |
| AGP | Antibiotic Growth Promoters |
| FAO | The Food And Agriculture Organization of the United Nations |
| USDA | The United States Department of Agriculture |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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