Market Size of Europe Poultry Feed Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.20 % |
| Market Concentration | Low |
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?
EU Poultry Feed Market Analysis
The European poultry feed market is projected to register a CAGR of 4.2% during the forecast period.
- Feed ingredients for poultry diets are selected for the nutrients they can provide, the absence of anti-nutritional or toxic factors, their palatability or effect on voluntary feed intake, and their cost. Currently, the demand for protein-rich feed is currently high in the EU, which will boost the market.
- The EU has lifted its ban on the use of animal by-products for animal feed which allows processed animal protein from pigs to be used in poultry feed and encourages the use of by-products from within the food industry, and also promotes the use of sustainable and local ingredients. The rules have to allow additional types of processed animal protein to be used in poultry and pig feed when they have been proven to be safe. The ban on the use of processed animal protein in feed for cows, sheep, and other ruminants, and on intra-species recycling, remains in force.
- According to the European Feed Manufacturers Federation (FEFAC), in 2021, even though there was severe Avian influenza in several parts of Europe, poultry feed production increased slightly by 0.8% because of HORECA chain (Hotel/Restaurant/ Catering) reopened after uplifting of lockdown.
- The major factors driving the market are the relatively low and competitive pricing of poultry meat compared to other meat, the absence of cultural or religious obstacles and dietary and nutritional (protein) qualities are the main factors of attraction driving the market growth. With the rising health crisis, consumers' attention has been mainly focused on production methods and the reliability of the information. The growing poultry production led to increased feed production in the region.
