Market Size of France Compound Feed Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.40 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Compound Feed Market Analysis
The market for compound feed in France is projected to register a CAGR of 3.4% during the forecast period. French animal breeds are highly popular and preferred internationally for meat and other related products. This has resulted in a surge in livestock production which in turn creates demand for compound feed. According to the European Feed Manufacturers' Federation (FEFAC), in 2018, the production volume reached 20.82 million metric tons as compared to 20.66 million metric tons in 2016. The increasing domestic meat consumption and rising demand from the livestock production sector are driving the production in the market.
Some of the major companies in the studied market are Cargill Inc, Archer Daniels Midland, Nutreco NV, Alltech Inc., Neovia Group, Terrena, ForFarmers, Charoen Pokphand Foods PCL. For instance, in 2016, Addiseo launched Rovabio Advance, which is a probiotic that improves the digestibility of food in animals and limits the use of antibiotics, when used in animal feed.
