Market Size of Europe Swine Feed Premix Industry
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 |
Need a report that reflects how COVID-19 has impacted this market and its growth?
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 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 Size Summary
The Europe Swine Feed Premix Market is experiencing a steady growth trajectory, driven by the evolving demands of the processed meat industry and the need for consistent quality in pork production. As consumer preferences shift towards processed pork, livestock manufacturers are increasingly adopting feed premixes to ensure uniform taste and texture. This trend is further supported by the rising export demand from markets like China, which encourages European producers to enhance meat quality and maintain profitability by incorporating premixes. The market is characterized by a mix of global and regional players, with companies like Cargill Inc., DSM Animal Nutrition, and Charoen Popkhand Group leading the charge in expanding production capacities and product lines to meet the growing demand.
The market's growth is also influenced by regulatory pressures and technological advancements in meat production, which necessitate the use of premixes to address specific nutritional needs and ensure animal health. Germany and Denmark play significant roles in the European pig meat industry, with Germany being the largest producer and trader within the EU. Despite challenges such as disease outbreaks and the impact of the Covid-19 pandemic on slaughter rates, the market remains resilient. The focus on expansion, mergers, and acquisitions among key players underscores the competitive landscape, as companies strive to enhance their market presence and capitalize on the increasing demand for swine feed premixes across Europe.
Europe Swine Feed Premix Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Overview
-
1.2 Market Drivers
-
1.3 Market Restraints
-
1.4 Porters Five Force Analysis
-
1.4.1 Threat of New Entrants
-
1.4.2 Bargaining Power of Buyers/Consumers
-
1.4.3 Bargaining Power of Suppliers
-
1.4.4 Threat of Substitute Products
-
1.4.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 Ingredient
-
2.1.1 Antibiotics
-
2.1.2 Vitamins
-
2.1.3 Antioxidants
-
2.1.4 Amino Acids
-
2.1.5 Minerals
-
2.1.6 Other Ingredients
-
-
2.2 Geography
-
2.2.1 Germany
-
2.2.2 United Kingdom
-
2.2.3 France
-
2.2.4 Spain
-
2.2.5 Russia
-
2.2.6 Italy
-
2.2.7 Rest of Europe
-
-
Europe Swine Feed Premix Market Size 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.