The market is witnessing favorable market trends, such as rising demand for high protein diets, especially in the Russian and German economies where per capita income is increasing rapidly. The market value in 2016 was around USD 111.14 billion and is expected to reach USD XX billion by 2022, registering a CAGR of XX %. The total compound feed volume was around 249.4 million tons in 2016. The European compound feed market is dependent on the type of feed, type of animal/livestock and the regulatory structure in the market. Animal disease outbreaks have resulted in increased concern over meat quality and safety, and are driving the growth of feed for better animal health and disease protection.
Ban on Antibiotics in the European Region
The regulatory ban on antibiotics as growth promoters, in Europe, has not only reduced antibiotics in animal feed market but impacted negatively on the growth as well. Between 2011 and 2014, there was a 2.4% decline in the antibiotics’ sales. The estimated additional costs, incurred through all the EU legislations for producing one kilogram of the live broiler, was USD 0.05 million. This represents about 5% increase in the total cost. However, the overall outlook of the animal feed industry is positive. New on-farm management activities vaccines, enhanced bio-security, drinking water treatment and increase in sales of non-antibiotic supplements such as organic acids, exogenous enzymes, herbs, prebiotics, probiotics and etheric oils are expected in the near future. Further, the demand is rising, owing to the increased facilities for mass meat production.
Europe Compound Feed Market: Regional Mapping
Poland, for three consecutive years, was the best country in the European region in terms of compound feed production. The country recorded an annual growth of 4.7% in 2016. Poland is the largest poultry producing country in Europe. Belgium and Spain recorded a decrease of around 2% in the compound feed production. France witnessed a decrease of 4% in feed production. Even cattle feed production declined, due to diverging national milk production following the abolishment of dairy quotas. The advent of avian influenza, in 2016, in Europe, hit the poultry feed market and its effect might continue in 2017 feed production as well. Moreover, the swine feed production decreased by around 1.4% in 2016, due to the African swine fever in Eastern Europe.
Notable Market Developments
- ForFarmers B.V acquired VleutenSteijnVoeders B.V., a Netherland-based company that produces swine feed.
- Royal De Heus acquired Coops Mengvoeders, which produces compound feed for cattle and pigs.
- Royal Agrifirm acquired Paszmark, a Netherland-based company that produces compound feed.
- Antibiotic use in animal feed came down in Europe, however, was significant in Belgium, where a decrease of about 36% between 2011-2016 was witnessed.
- Invivo NSA of France acquired Popular Feedmill Corp, which manufactures poultry, pig and aquafeed.
Our report on Europe compound feed market covers:
- Europe compound feed market trends & dynamics
- Latest News & developments
- Geographical insights
- Porter’s five force analysis
- Investment scope
- Deep-dive insights
1. INTRODUCTION
1.1 Study Deliverables
1.2 General Study Assumptions
2. RESEARCH METHODOLOGY
2.1 Introduction
2.2 Analysis Methodology
2.3 Study Phases
2.4 Econometric Forecast Model
3. EXECUTIVE SUMMARY
4. MARKET OVERVIEW AND TECHNOLOGY TRENDS
4.1 Technology Trends
4.2 Porter's Five Forces Framework
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Consumers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitute Products & Services
4.2.5 Competitive Rivalry within the industry
5. MARKET DYNAMICS
5.1 Drivers
5.2 Restraints
5.3 Opportunities
6. EUROPE COMPOUND FEED MARKET SEGMENTATION, BY INGREDIENTS
6.1 Cereals
6.2 Fishmeal and Fish oil
6.3 Oilseeds
6.4 Molasses
6.5 Supplements
6.6 Others
7. EUROPE COMPOUND FEED MARKET SEGMENTATION, BY SUPPLEMENTS
7.1 Vitamins
7.2 Amino Acids
7.3 Anti Oxidants
7.4 Enzymes
7.5 Acidifiers
7.6 Antibiotics
7.7 Prebiotics & Probiotics
7.8 Others
8. EUROPE COMPOUND FEED MARKET SEGMENTATION, BY ANIMAL TYPE
8.1 Ruminant
8.2 Poultry
8.3 Swine
8.4 Aquaculture
8.5 Others
9. EUROPE COMPOUND FEED MARKET SEGMENTATION, BY GEOGRAPHY
9.1 Spain
9.2 Germany
9.3 France
9.4 Russia
9.5 United Kingdom
9.6 Others
10. COMPETITIVE LANDSCAPE
10.1 Introduction
10.2 Market Share Analysis
11. KEY VENDOR ANALYSIS
11.1 Charoen Pokphand
11.2 Cargill Inc.
11.3 Land O' Lakes Purina
11.4 Alltech Inc.
11.5 Archer Daniels Midland
11.6 New Hope Group
11.7 Wens Group
11.8 ForFarmers
11.9 Miratorg Agribusiness Holding LLC
11.10 Kyodo Shiryo Co., Ltd.
11.11 Sodrugestvo
11.12 DeKalb Feeds, Inc.
11.13 De Heus Voeders B.V.
11.14 Ballance Agri-Nutrients
11.15 JD Heiskell & CO
11.16 Kent Feeds
11.17 Weston Milling Animal Nutrition
11.18 Nutreco NV
12. DISCLAIMER
