Europe Ruminant Feed Premix Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Europe Ruminant Feed Premix Market is segmented by Ingredient Type into Antibiotics, Vitamins, Antioxidants, Amino Acids, Minerals, and Other Ingredient Types, and by Geography into Germany, U.K, France, Spain, Russia, Italy and Rest of Europe.

Market Snapshot

Market Snapshot
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 3.5 %

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Market Overview

The European ruminant feed premix market is estimated to register a CAGR of 3.5% during the forecast period. Industrial advancement in Europe’s meat and dairy industries is the primary reason behind the monstrous size of the ruminant feed market in the region. Increasing awareness in the red meat industry about the importance of animal diet and growing research on the most viable combination of nutrients has aided the rapid development of the ruminant feed premix market in the region.

Scope of the report

The premix supplements are added to the ruminant feed to ensure the availability of required nutrients to the animal. These are extensively used by the dairy and beef industries across Europe. The Europe Feed Premix Market report gives an in-detailed analysis of the market size along with the competitive landscape and future opportunities. The market is segmented by the ingredient type and geography.

By Type
Macrominerals
Microminerals
By Animal Type
Ruminant
Poultry
Swine
Aquaculture
Other Animal Types
Geography
Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe

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Key Market Trends

Demand from Dairy industry Drives the Market

In 2018, dairy is the second-largest agricultural sector in the Europe, accounted for more than 12 % of total agricultural output. The number of dairy cattle present in Europe was 20.75 million in 2018, producing 172.2 million metric tons of raw milk. Feed premixes play a key role in the dairy sectors as the quality and quantity of milk can be improved significantly by feeding premixes to the dairy cattle. Therefore, the well-established dairy sector is the prime driving factor of the market in Europe.

Europe Ruminant Feed Premix Market: Number of Dairy Cattle, Million Heads, Europe, 2019

France and Russia Dominates the Market

France and Russia are the two leading cattle producers in Europe, which produced 30% of total European cattle production. Well developed dairy and beef industries in these countries is the prime reasons for such domination. Owing to the increase in consumer demand, the production of feed premixes has been steadily increasing in Russia for the last few years. According to the Russian State Statistical Service (Rosstat), Russia produced 126,700 tons of feed premixes during the first six months of 2016, an increase of 1.9 percent over the previous year.

Europe Ruminant Feed Premix Market:  Revenue Share, By Percentage, By countries, Europe, 2019

Competitive Landscape

European feed premix market is fragmented with many global and regional players. Cargill, Kemin, Nutreco are some of the leading players in the region. Investment in the R&D activities to introduce new useful products is one of the key strategies adopted by manufacturers to stay ahead of the competition in the matured markets of Europe.

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 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Macrominerals

      2. 5.1.2 Microminerals

    2. 5.2 By Animal Type

      1. 5.2.1 Ruminant

      2. 5.2.2 Poultry

      3. 5.2.3 Swine

      4. 5.2.4 Aquaculture

      5. 5.2.5 Other Animal Types

    3. 5.3 Geography

      1. 5.3.1 Spain

      2. 5.3.2 United Kingdom

      3. 5.3.3 Germany

      4. 5.3.4 France

      5. 5.3.5 Italy

      6. 5.3.6 Russia

      7. 5.3.7 Rest of Europe

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Kemin Industries, Inc.

      2. 6.3.2 BASF SE

      3. 6.3.3 Alltech Inc

      4. 6.3.4 Nutreco N.V.

      5. 6.3.5 Novus International

      6. 6.3.6 ADM

      7. 6.3.7 Pancosma SA

      8. 6.3.8 Cargill Inc.

      9. 6.3.9 Royal DSM NV

      10. 6.3.10 Adisseo

    4. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  8. 8. IMPACT OF COVID-19

**Subject to Availability

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Frequently Asked Questions

The Europe Ruminant Feed Premix Market market is studied from 2016 - 2026.

The Europe Ruminant Feed Premix Market is growing at a CAGR of 3.5% over the next 5 years.

Cargil.Inc., Nutreco N.V., KG Group, Wisium , Kemin Industries are the major companies operating in Europe Ruminant Feed Premix Market.

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