The European Feed premix market has been accounted for US$XX Million and is expected to grow to US$XX Million by 2022, at a CAGR of XX% during the forecast period. Although the macro nutrients market dominates the mineral feed additives market, feed premix market, which consists of a mixture of micronutrients and trace elements, has helped the micro nutrients segment to show a noticeable growth in recent years. Growing awareness about animal health, changing food habits and rising awareness about the side-effects of chemical additives in processed meat has helped the market to grow.
Increased Food safety concerns in the European Union, especially in the meat and dairy segments have led to increased consumption of compound feed and influenced the compound feed market in the region. Increased meat consumption, as well as rising meat prices, are further expected to drive the growth of the market. Investments in R&D and cost management, coupled with information flow for nutrient requirements of animals would help the industry to expand and cater the anticipated increase in demand. Increasing research is being done to find out the effect of various elements on growth and development of animals and the perfect combination of a premix of nutrients for optimum results. Often, two minerals, equally important, cannot be given together, due to metabolism issues of the animal. Thus, the research in the compound feed industry only focuses on developing an efficient combination of supplementary minerals, but an overall, more wholesome feed with all the essential minerals.
On the basis of ingredients, the market is broadly divided into Amino Acids, Antibiotics, Antioxidants, Vitamins, Minerals, etc. The Vitamins comprise of largest market share. On the basis of animal type, the market is divided into Pork, Dairy, Fish and Poultry feed. Swine feed pre mix has the largest market share in the region. However, as white meat has a lesser amount of cholesterol and saturated fats than red meat, the shift from red meat to white meat, due to rising health-consciousness, has made the poultry feed pre mix segment as the fastest growing segment of the industry.
Germany holds the largest market share in the region, followed by Spain and Russia. The three countries contribute to over 40% of the European feed premix market. Due to latest government policies and export alliances with many countries, the Russian premix market has been expected to show the fastest growth.
Some of the key players in the industry include DLG Group (Denmark), DSM NV (The Netherlands), Cargill Inc. (U.S.), Land O Lakes Feed (U.S.), Archer Daniels Midland (U.S.), Evialis (France) and ForFarmers (Netherlands).
- Market segments
- Market Drivers, Restraints and Opportunities
- Market Size & Forecast 2016 to 2022
- Supply & Demand Value Chain
- Market – Current Trends
- Competition & Major Companies
- Technology and R&D Status
- Porters Five Force Analysis
- Strategic and Critical Success Factor Analysis of Key Players
- Western Europe
- EU5 (Germany, France, Italy, Spain, U.K.)
- Nordic Countries (Denmark, Finland, Norway, and Sweden)
- Benelux (Belgium, The Netherlands, and Luxembourg)
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
- Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
- Consumer and Pricing Analysis
- Market dynamics of the industry
- Market Segmentation
- Estimated Market Sizing in terms of volume and value
- Recent trends in Market and impact
- Research Status and Technology Overview
- Extensive Industry Structure Coverage