Europe Feed Additives Market - Growth, Trends and Forecasts (2020 - 2025)

The Market Report is Segmented by Additives Type (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Acidifiers, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Palatability Enhancers, Pigments, Binders, Minerals, and Emulsifiers), Animal Type (Ruminant, Poultry, Swine, Aquaculture, and Other Animal Types), and Country (Germany, United Kingdom, France, Russia Spain, and Rest of Europe).

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

CAGR:

4.6 %

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Market Overview

The European feed additives market is expected to register a CAGR of 4.6% during the forecast period (2020-2025).

  • Food safety concerns, especially about the meat and dairy products, have led to increased consumption of feed additives in the region. Increased meat consumption and increasing meat prices are further expected to drive the growth of the market.
  • The rising cost of feed raw materials, increased emphasis on reduced cost of feed production, and rising demand for meat and milk products are the primary demand driving factors in the region.

Scope of the Report

Feed additives are products that enhance animal nutrition and are added to animal feed, to provide complete nutrition to farm animals. The end consumers of feed additives are feed mills that manufacture compound feed. The market scope excludes supplements directly purchased by farmers to add to the nutritional qualities of home-grown feed. The corporations in the feed additives industry operate in a B2B manner, and bulk dealers and distributors who buy feed additives to supply to feed mills without value addition have been excluded from the market scope, to avoid any double counting.

Type
Antibiotics
Vitamins
Antioxidants
Amino Acids
Enzymes
Mycotoxin Detoxifiers
Prebiotics
Probiotics
Acidifiers
Binders
Flavors and Sweetners
Minerals
Pigments
Geography
Germany
United Kingdom
France
Russia
Spain
Italy
Rest of Europe

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Key Market Trends

Growing Meat Consumption

Although the various global concerns regarding the issues in the livestock industry meat consumption are increasing every year, according to the Organisation for Economic Co-ordination and Development, meat consumption had risen from 114 million metric ton in 2017 to 116 million metric ton in 2018. Poultry meat is the most consumed by humans with per capita consumption of 30.6 kilograms per year, followed by pork with per capita consumption of 23.5 kilograms per year and beef and veal with per capita consumption of 14.8 kilograms per year. The rising demand for animal protein and healthy meat has toad the growers to use various feed additive products to ensure the health of the animal and to reduce the feed cost.

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Increasing Usage of Feed Additives

Binders have the highest market share, holding 14% of the total market share in 2018, which was valued at about USD 1,307.4 million, and it is forecast to witness a CAGR of 3.54% during the study period. Amino acids and probiotics held the second and third positions, with a market share of 13.54% and 12.18%, respectively. Overall, the European feed additive market is forecast to witness a CAGR of 4.06% during the forecast period 2019-2024. The Europe feed additive market also includes essential oils, live yeast, pigments, flavors and sweeteners, acidifiers, prebiotics, enzymes, es more. Essential oils, probiotics, and prebiotics are forecast to have a higher growth rate during the study period.

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Competitive Landscape

The European feed additive market is highly fragmented, with many players active in the manufacturing of feed additives. The companies enhance their market shares through various activities, including mergers and acquisitions, expansion of the facilities, and investments in R&D.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Introduction to Market Drivers and Restraints

    3. 4.3 Market Drivers

    4. 4.4 Market Restraints

    5. 4.5 Porter's Five Forces Analysis

      1. 4.5.1 Threat of New Entrants

      2. 4.5.2 Bargaining Power of Buyers/Consumers

      3. 4.5.3 Bargaining Power of Suppliers

      4. 4.5.4 Threat of Substitute Products

      5. 4.5.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Antibiotics

      2. 5.1.2 Vitamins

      3. 5.1.3 Antioxidants

      4. 5.1.4 Amino Acids

      5. 5.1.5 Enzymes

      6. 5.1.6 Mycotoxin Detoxifiers

      7. 5.1.7 Prebiotics

      8. 5.1.8 Probiotics

      9. 5.1.9 Acidifiers

      10. 5.1.10 Binders

      11. 5.1.11 Flavors and Sweetners

      12. 5.1.12 Minerals

      13. 5.1.13 Pigments

    2. 5.2 Geography

      1. 5.2.1 Germany

      2. 5.2.2 United Kingdom

      3. 5.2.3 France

      4. 5.2.4 Russia

      5. 5.2.5 Spain

      6. 5.2.6 Italy

      7. 5.2.7 Rest of Europe

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Major adopted strategies

    2. 6.2 Mergers and Acquisitions

    3. 6.3 Company Profiles

      1. 6.3.1 Adisseo France SAS

      2. 6.3.2 Alltech

      3. 6.3.3 BASF SE

      4. 6.3.4 Danisco

      5. 6.3.5 Novozymes

      6. 6.3.6 ADM Animal Nutrition

      7. 6.3.7 Biovet JSC

      8. 6.3.8 Cargil Inc.

      9. 6.3.9 Chr. Hansen Inc.

      10. 6.3.10 DSM Nutritional Products Inc.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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