How Big is the Europe Poultry Feed Market?
The Europe Poultry Feed Market is projected to grow at around 5% CAGR during the forecast period, i.e., 2023-28. The growth of the market is projected to be driven mainly by the rapidly rising meat egg consumption, the abundant availability of wide-range protein-rich feed in region, relatively low competitive prices of poultry than other meat, and high disposable incomes of most Europeans.
Market Statistics
- Market Growth Rate (CAGR): 5% from 2023-2028
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Europe Poultry Feed Market Insight:
Driver-
Ever-increasing Meat Production to Cater to Evolving Consumer Demand
The per capita income of Europeans is pretty high as most of the residing countries are developed. Rising urbanization and increasing population levels are accelerating the demand for animal protein, mainly meat eggs, which, in turn, is augmenting the demand for poultry feed additives across the region. Moreover, the growing consumer interest in eating outside at fancy restaurants is another aspect leading to ever-increasing demand for meat, i.e., spurring hike in the industry.
Europe Poultry Feed Market Segmentation:
The report has segmented the market into the following categories:
By Form
- Pellets
- Crumbles
- Mash
- Others
By Nutrition
- Vitamins
- Protein
- Fats
- Carbohydrates
- Organic Acids
- Others (Minerals Enzymes)
By Type of Feed
- Normal Poultry Feed
- Feed Additives
- Compound Feed
By Animal
- Chicken
- Layers
- Broiler
- Grandparents
- Turkey
- Others (Duck Goose)
By Country
- The UK
- The Netherlands
- France
- Spain
- Italy
- Germany
- Poland
- Ukraine
- Rest of Europe
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Competitive Landscape:
- Archer Daniel Midland Co.
- AG Chemi Group
- Cargill Inc.
- Alltech
- Evonik Industries AG
- Trouw Nutrition
- Novozyme + DSM Nutritional Products
- Du Pont
- BASF
- Others (Nusana).
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key Highlights of the Report:
- Market Performance (2023-2028)
- Strategic Recommendations
- Current, Historical and Future Market Trends
- Market Drivers and Leading Competitor
- SWOT Analysis
- Structure of the Market
- Comprehensive Mapping and Recent Advancement
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