Europe Poultry Feed Market Expected to Surge with a CAGR of 5% by 2028
This comprehensive Europe Poultry Feed Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.
“According to recent market analysis report, the Europe Poultry Feed Market Size is expected to grow at a CAGR of 5% during the forecast period of 2023 to 2028.”
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Driving Force Behind the Growth of the Europe Poultry Feed Market through 2028
Ever-increasing Meat Production to Cater to Evolving Consumer Demand – The per capita income of Europeans is pretty high as most of the residing countries are developed. Rising urbanization and increasing population levels are accelerating the demand for animal protein, mainly meat & eggs, which, in turn, is augmenting the demand for poultry feed & additives across the region. Moreover, the growing consumer interest in eating outside at fancy restaurants is another aspect leading to ever-increasing demand for meat, i.e., spurring hike in the industry.
Market Segment Highlights:
By Form
- Pellets
- Crumbles
- Mash
- Others
By Nutrition
- Vitamins
- Protein
- Fats
- Carbohydrates
- Organic Acids
- Others (Minerals & Enzymes)
By Type of Feed
- Normal Poultry Feed
- Feed Additives
- Compound Feed
By Animal
- Chicken
- Layers
- Broiler
- Grandparents
- Turkey
- Others (Duck & Goose)
Of these three, Broilers held a prominent share of the market in the previous few years. Broilers or chickens are efficient terrestrial animals raised solely for meat production and require a good amount of energy & protein to sustain their rapid growth. They have an excellent FCR (Feed Conversion Ratio) and hence need more protein & calories to grow more quickly than native chickens & layers.
By Country
- The UK
- The Netherlands
- France
- Spain
- Italy
- Germany
- Poland
- Ukraine
- Rest of Europe
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Europe Poultry Feed Market Competition Analysis:
Some of the top Europe Poultry Feed companies operating in the market are Archer Daniel Midland Co., AG Chemi Group, Cargill Inc., Alltech, Evonik Industries AG, Trouw Nutrition, Novozyme + DSM Nutritional Products, Du Pont, BASF, Others (Nusana).
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