Europe Swine Feed Premix Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.20 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Swine Feed Premix Market Analysis
The Europe Swine Feed Premix Market is projected to register a CAGR of 2.2% during the forecast period 2020-2025. Premixes are a complex mix of vitamins, minerals, trace elements, and other nutritional additives which are incorporated in feed between 0.2 and 2% (micro premix) or between 2% to 8% (macro premix, including proteins, salts, amino acids). The rate of consumption of fresh meat is gradually decelerating in Europe due to the consumer shift to processed pork. The processed meat industry demands high-quality meat with uniform taste and texture. As a result, more numbers of livestock manufacturers are turning towards feed premix to maintain consistency in the taste and texture of pork.
Europe Swine Feed Premix Market Trends
This section covers the major market trends shaping the Europe Swine Feed Premix Market according to our research experts:
Increased Consumption of Pork
According to the Organization for Economic Co-operation and Development (OECD) along with the United States Department of Agriculture (USDA), the pork consumption in Europe has significantly increased from 19652 thousand tonnes in 2016 to 20145 thousand tonnes in 2018. According to the studies, it is also seen that the domestic consumption of pork in the region tends to decrease while the export of pork from the European Union shows steady growth due to the increasing demand from the Chinese market. To avoid cut in profits and reduce raw material costs the farmers add premixes as it enhances the quality of meat and ensures a high price. The increasing rate of pork consumption along with the cost factor of raw material in the region is expected to drive the feed premix market.
Germany is Dominating the Market
According to the Agriculture and Horticulture Development Board (AHDB), Germany is the largest European Union producer, trader, and consumer of pig meat in the region that supplies approximately 12% of the United Kingdom Pig meat consumption. Due to the Covid-19 outbreak in the region, the weekly slaughter estimates were 6% below compared to 2018. After Germany, Denmark is the net exporter of pig meat to the United Kingdom accounting for 14% of the countries consumption. The growth of this industry is dependent on certain broad aspects such as increasing demand for swine meat, innovation impetus from increasing regulations, and the overall increase of the feed premixes market. The disease outbreaks that have occurred have forced manufacturers to use premixes to ensure quality and safety. Given that the development of the premixes is mainly to address specific nutritional needs and inherent genetic potential of the animals, the mounting governmental regulations are pushing the industry to better accommodate feed premixes in their manufacturing processes. The rising technological advancements in meat production and amplified pricing range are expected to help sustain the raw material costs.
Europe Swine Feed Premix Industry Overview
The Europe swine feed premix market is fragmented, with the top global and regional players competing with the local manufacturers. The expansion and investments are the most preferred strategy for growth, followed by mergers and acquisitions in the market. The major companies are focused on expanding their businesses across regions and setting up new plants for increasing production capacity, as well as product lines. The major players in the market are Cargill Inc., Charoen Popkhand Group, Land O' Lakes Inc., DBN Group, and DSM Animal Nutrition, among others.
Europe Swine Feed Premix Market Leaders
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Cargill Inc.
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DSM Animal Nutrition
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DBN Group
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Charoen Popkhand Group
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Land O Lakes Feed
*Disclaimer: Major Players sorted in no particular order
Europe Swine Feed Premix 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
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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
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5.1 Ingredient
- 5.1.1 Antibiotics
- 5.1.2 Vitamins
- 5.1.3 Antioxidants
- 5.1.4 Amino Acids
- 5.1.5 Minerals
- 5.1.6 Other Ingredients
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5.2 Geography
- 5.2.1 Germany
- 5.2.2 United Kingdom
- 5.2.3 France
- 5.2.4 Spain
- 5.2.5 Russia
- 5.2.6 Italy
- 5.2.7 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Charoen Pokphand Group
- 6.3.2 Cargill Inc.
- 6.3.3 Land O' Lakes Inc.
- 6.3.4 DBN Group
- 6.3.5 Archer Daniels Midland Company
- 6.3.6 DSM Animal Nutrition
- 6.3.7 Lallemand Inc.
- 6.3.8 Biomin GmbH
- 6.3.9 Nutreco NV
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19
Europe Swine Feed Premix Industry Segmentation
Premixes are mixtures of one or more essential animal nutrients mixed by the livestock farmers with the home-grown feed to provide animals optimum nutrition. The Europe Swine Feed Premix Market is segmented by Ingredient Type (Antibiotics, Vitamins, Antioxidants, Amino Acids, Minerals, and Other Ingredient Types) in the countries.
| Ingredient | Antibiotics |
| Vitamins | |
| Antioxidants | |
| Amino Acids | |
| Minerals | |
| Other Ingredients | |
| Geography | Germany |
| United Kingdom | |
| France | |
| Spain | |
| Russia | |
| Italy | |
| Rest of Europe |
Europe Swine Feed Premix Market Research FAQs
What is the current Europe Swine Feed Premix Market size?
The Europe Swine Feed Premix Market is projected to register a CAGR of 2.20% during the forecast period (2024-2029)
Who are the key players in Europe Swine Feed Premix Market?
Cargill Inc., DSM Animal Nutrition, DBN Group, Charoen Popkhand Group and Land O Lakes Feed are the major companies operating in the Europe Swine Feed Premix Market.
What years does this Europe Swine Feed Premix Market cover?
The report covers the Europe Swine Feed Premix Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Swine Feed Premix Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Swine Feed Premix Industry Report
Statistics for the 2024 Europe Swine Feed Premix market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Swine Feed Premix analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
