Germany Feed Additives Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.10 % |
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?
Germany Feed Additives Market Analysis
The feed additives market in Germany is projected to register a CAGR of 5.1% during the forecast period. With many leading compound feed manufacturers based in the country, the demand for feed additives is increasing. Furthermore, there is a rising focus on innovations and product line expansions in the industry. Amino acids account for the largest share, whereas prebiotics and probiotics are registering the highest growth rates, in accordance with the global trends.
Germany Feed Additives Market Trends
This section covers the major market trends shaping the Germany Feed Additives Market according to our research experts:
Growth In Compound Feed Industry
According to the United States Department of Agriculture, In Germany, livestock accounts for nearly 60% of the revenue in agriculture. Probiotic feed additives are attracting the German consumers, due to their health benefits, such as enhancement of digestibility, while boosting immunity. According to USDA, In comparison to that of 2015, meat consumption in 2017 declined due to the rising awareness regarding environmental damage caused by animal agriculture. The European livestock feed industry is likely to face a possible shortage of vitamins A and E, due to the ban on BASF's manufacturing plant in Germany, since 2017. Thus, the country is witnessing extreme price volatility, especially for vitamin feed components, as BASF supplied about 40% of the global supply of Citral, a critical precursor for the production of vitamins A and E. This is expected to hamper the growth of the European vitamins feed industry. In 2014, Germany started a move to restrict the usage of antibiotics in farm animals. In the same year, amendments were made to the German Drug Act, which primarily aimed at gradually reducing the usage of antibiotics in livestock farming. In addition, there are new regulations in the country, which are allowing the relevant authorities to check the frequency of usage of antibiotics in farm animals. Due to such restrictions, growers are pressurized to shift to feed ingredients, which is driving the demand for feed probiotics in the country. Furthermore, this is expected to limit the market for antibiotics used in compound feed.
Increasing Demand For High Value Animal Protein
There has been increasing pressure on the livestock industry, to meet the growing demand for meat and high-value animal protein. Population growth, rising incomes in developing nations, and urbanization have led to a surge in global livestock production. The level of income and consumption of animal protein is directly related to the consumption of milk, meat, and eggs, which are increasing at the expense of staple foods. Due to the decline in prices of meat and meat products, developing countries are beginning to consume a large quantity of meat, at a much lower level of the gross domestic product than industrialized countries did two to three decades back. Urbanization has led to increased demand for meat and milk products in cities compared to the rural areas. Cities have varied diets, rich in animal protein and fat. Demand for the high-quality compound feed from the livestock industry, due to increased industrial production of meat and dairy products has elicited the growth in consumption of compound feed and feed additives. The raw materials used for compound feed production, such as maize, barley, soybean, are used for human consumption and production of ethanol. In this scenario, the feed industry competes with the food industry for raw materials.
Germany Feed Additives Industry Overview
The feed additives market in Germany is largely consolidated, with various international companies occupying major chunks of the market for various feed additive types. Local companies account for minor shares in the market and only one or two companies have a higher share in the UK market for a particular additive type. International companies, like Cargill, Adisseo, and Prinova, occupy major shares in the market for amino acids, probiotics, vitamins, antioxidants, and mycotoxin detoxifiers.
Germany Feed Additives Market Leaders
Alltech
Cargill Inc.
Dupont Danisco
Nutreco
Novozymes A/S.
*Disclaimer: Major Players sorted in no particular order
Germany Feed Additives Market Report - Table of Contents
-
1. INTRODUCTION
-
1.1 Study Deliverables
-
1.2 Study Assumptions
-
1.3 Scope of the Study
-
-
2. RESEARCH METHODOLOGY
-
3. EXECUTIVE SUMMARY
-
4. MARKET DYNAMICS
-
4.1 Market Overview
-
4.2 Market Drivers
-
4.3 Market Restraints
-
4.4 Porters Five Force Analysis
-
4.4.1 Threat of New Entrants
-
4.4.2 Bargaining Power of Buyers/Consumers
-
4.4.3 Bargaining Power of Suppliers
-
4.4.4 Threat of Substitute Products
-
4.4.5 Intensity of Competitive Rivalry
-
-
-
5. MARKET SEGMENTATION
-
5.1 Additive Type
-
5.1.1 Antibiotics
-
5.1.2 Vitamins
-
5.1.3 Antioxidants
-
5.1.4 Amino Acids
-
5.1.5 Enzymes
-
5.1.6 Mycotoxin Detoxifiers
-
5.1.7 Prebiotics
-
5.1.8 Probiotics
-
5.1.9 Flavors and Sweeteners
-
5.1.10 Pigments
-
5.1.11 Binders
-
5.1.12 Minerals
-
-
5.2 Animal Type
-
5.2.1 Ruminants
-
5.2.2 Swine
-
5.2.3 Poultry
-
5.2.4 Other Animal Types
-
-
-
6. COMPETITIVE LANDSCAPE
-
6.1 Most Adopted Strategies
-
6.2 Market Share Analysis
-
6.3 Company Profiles
-
6.3.1 Pfizer Animal Health
-
6.3.2 Nutriad International
-
6.3.3 BASF SE
-
6.3.4 Novozymes A/S.
-
6.3.5 Archer Daniels Midland Co.
-
6.3.6 Cargill Inc.
-
6.3.7 DSM Nutritional Products Inc.
-
6.3.8 BioMin
-
6.3.9 Evonik Industries AG
-
6.3.10 InVivo NSA S.A.
-
6.3.11 Barentz Group
-
6.3.12 Novus International Inc.
-
6.3.13 Nutreco N.V.
-
6.3.14 Azelis Animal Nutrition
-
6.3.15 Borregaard LingoTech
-
6.3.16 Dupont Danisco
-
-
-
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
-
8. IMPACT OF COVID-19
Germany Feed Additives Industry Segmentation
The Germany Feed Additives Market is segmented by type into antibiotics, vitamins, antioxidants, amino acids, enzymes, mycotoxin detoxifiers, prebiotics, probiotics, Flavours and Sweeteners, feed pigments, feed binders, minerals, and others and by animal type into ruminants, poultry, swine, aquaculture, and others.
| Additive Type | |
| Antibiotics | |
| Vitamins | |
| Antioxidants | |
| Amino Acids | |
| Enzymes | |
| Mycotoxin Detoxifiers | |
| Prebiotics | |
| Probiotics | |
| Flavors and Sweeteners | |
| Pigments | |
| Binders | |
| Minerals |
| Animal Type | |
| Ruminants | |
| Swine | |
| Poultry | |
| Other Animal Types |
Germany Feed Additives Market Research FAQs
What is the current Germany Feed Additives Market size?
The Germany Feed Additives Market is projected to register a CAGR of 5.10% during the forecast period (2024-2029)
Who are the key players in Germany Feed Additives Market?
Alltech, Cargill Inc., Dupont Danisco, Nutreco and Novozymes A/S. are the major companies operating in the Germany Feed Additives Market.
What years does this Germany Feed Additives Market cover?
The report covers the Germany Feed Additives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Feed Additives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Germany Feed Additive Products Industry Report
Statistics for the 2024 Germany Feed Additive Products market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Germany Feed Additive Products analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
