Europe Feed Additives Market Size, Growth Forecast [2031]

Europe Feed Additives Market Size, Growth Forecast [2031]

Segments - Europe Feed Additives Market by Additives (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Acidifiers, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Palatability Enhancers, Pigments, Binders, Minerals, and Emulsifiers), Animal Types (Ruminant, Poultry, Swine, Aquaculture, and Others), and Geographies (Germany, UK, France, Russia Spain, and Rest of Europe) - Industry Analysis, Growth, Share, Size, Trends, And Forecast 2023 – 2031.

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Upcoming | Report ID :HC-1133 | 4.9 Rating | 75 Reviews | 170 Pages | Format : PDF Excel PPT

Report Description


Europe Feed Additives Market Outlook 2031

The Europe feed additives market size was USD 1.90 Billion in 2022 and is anticipated to reach USD 2.82 Billion by 2031 expand at a CAGR of 4.5% during the forecast period, 2023-2031. The growth of the market is attributed to the increasing livestock population.

Feed additives act as an extra nutrient for livestock. Additives include vitamins, amino acids, fatty acids, minerals, pharmaceuticals, fungal products, and steroidal compounds. The additives improve hygiene and digestibility of the animal. They affect physiological processes, which include immune function, stress resistance, and reproduction. Feed additives include feeding attractants, immunostimulants, prebiotics, probiotics, acidifiers, and essential oils.

Europe Feed Additives Market Outlook

Feed additives represent various classes of molecules, compounds, and organisms that promote ingestion, absorption, and assimilation of nutrients. Feed additives are used for improving the quality of feed or to improve the animals’ performance and health, which includes improving the digestibility of the feed materials.

  • Increasing meat consumption and meat prices is excepted to boost market growth.
  • Growing consciousness about the benefits of additives is anticipated to boost the growth of the market during the forecast period.
  • The COVID-19 pandemic had disrupted the supply chain in Europe. However, declining number of cases and relaxation in restrictions are expected to help the market recover soon.
  • High cost of raw materials can restraint the market growth.
  • Rising development and ongoing technological advancements in the feed additives market can create opportunities for the industry players in the projected timeline.

Scope of The Europe Feed Additives Market Report

The report on the Europe feed additives market research report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Feed Additives market - Europe Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Additives (Antibiotics, Vitamins, Antioxidants, Amino Acids, Enzymes, Acidifiers, Mycotoxin Detoxifiers, Prebiotics, Probiotics, Palatability Enhancers, Pigments, Binders, Minerals, and Emulsifiers), Animal Types (Ruminant, Poultry, Swine, Aquaculture, and Others)

Geographical Scope

Germany, UK, France, Russia Spain, and Rest of Europe

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Adisseo, Alltech, BASF SE, Danisco Animal Nutrition, and ADM Animal Nutrition

Europe feed additives Market Segment Insights

Binders segment to account a significant market share

Based on additives, the market is divided into antibiotics, vitamins, antioxidants, amino acids, enzymes, acidifiers, mycotoxin detoxifiers prebiotics, probiotics, palatability enhancers, pigments, binders, minerals, and emulsifiers. The binders segment is anticipated to account for a considerable market share during the forecast period. Followed by binders segment, the amino acids segment is expected to account for a considerable market share in the projected timeline.

Conversely, the vitamins segment is expected to grow at a steady rate during the forecast period. Rising prevalence of animal disease is driving the growth of the market segment.

Europe Feed Additives Market Additives

Poultry segment is accounted to has major market share

Based on animal types, the Europe feed additives market is segmented into ruminant, poultry, swine, aquaculture, and others. The poultry segment is expected to account for a major market share during the forecast period. Growing concerns regarding animal health and rising consumer preference for a specific color of yolk and meat has led to the increasing demand for poultry feed additives. On the other hand, the aquaculture segment is anticipated to exhibit a substantial CAGR during the forecast period.

Europe Feed Additives Market Animal Types

Germany to dominant the market share

In terms of geographies, the market is segregated into Germany, UK, France, Russia, Spain, and Rest of Europe. Germany is anticipated to dominant the market during the forecast period owing to increasing number of feed mills and feed production in the country. However, the market in the UK is expected to grow at a robust rate owing to growing focus on animal health and rising meat consumption in the country.

Segments


The Europe feed additives market has been segmented on the basis of

Additives

  • Antibiotics
  • Vitamins
  • Antioxidants
  • Amino Acids
  • Enzymes
  • Acidifiers
  • Mycotoxin Detoxifiers
  • Prebiotics
  • Probiotics
  • Palatability Enhancers
  • Pigments
  • Binders
  • Minerals
  • Emulsifiers

Animal Types

  • Ruminant
  • Poultry
  • Swine
  • Aquaculture
  • Others

Geographies

  • Germany
  • United Kingdom
  • France
  • Russia Spain
  • Rest of Europe

Key Players

Competitive Landscape

Key players operating in the Europe feed additives market includes Adisseo, Alltech, BASF SE, Danisco Animal Nutrition, and ADM Animal Nutrition.

Major industry players are engaging in partnerships, acquisitions, and collaborations to expand their market share. Moreover, they’re investing in R&D activities to expand their product portfolio.

Europe Feed Additives Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Feed Additives Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Feed Additives Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Feed Additives Market - Supply Chain
  4.5. Global Feed Additives Market Forecast
     4.5.1. Feed Additives Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Feed Additives Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Feed Additives Market Absolute $ Opportunity
5. Global Feed Additives Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Feed Additives Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Feed Additives Demand Share Forecast, 2019-2026
6. North America Feed Additives Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Feed Additives Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Feed Additives Demand Share Forecast, 2019-2026
7. Latin America Feed Additives Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Feed Additives Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Feed Additives Demand Share Forecast, 2019-2026
8. Europe Feed Additives Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Feed Additives Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Feed Additives Demand Share Forecast, 2019-2026
9. Asia Pacific Feed Additives Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Feed Additives Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Feed Additives Demand Share Forecast, 2019-2026
10. Middle East & Africa Feed Additives Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Feed Additives Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Feed Additives Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Feed Additives Market: Market Share Analysis
  11.2. Feed Additives Distributors and Customers
  11.3. Feed Additives Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Adisseo Alltech BASF SE Danisco Animal Nutrition ADM Animal Nutrition

Methodology

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