Europe Compound Feed Market 2021-2026 skyrocketed revenue with key players Altech, Biomin, Kemin Industries, Inc

Latest research on Europe Compound Feed Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Europe Compound Feed market. this report included a special section on the Impact of COVID19. Also, Europe Compound Feed Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Europe Compound Feed industry.

Europe Compound Feed Market is growing at a CAGR of 4.3% during the forecast period (2021-2026).

The Europe Compound Feed market is highly competitive and consists of a number of major players. Top Companies like Altech, Biomin, Kemin Industries, Inc., ADM Animal Nutrition, Cargill, Incorporated, ForFarmers, BASF SE, Nutreco NV, Yara International ASA

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Regional Analysis:

Furthermore, to broaden the understanding, researchers have studied the global Europe Compound Feed market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.

Europe Compound Feed Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.

Scope of the Report

The market is witnessing favorable trends, such as rising demand for high protein diets, especially in the Russian and German economies where per capita income is increasing rapidly. The European compound feed market is dependent on the type of feed, type of animal/livestock, and the regulatory structure in the market. Animal disease outbreaks have resulted in increased concern over meat quality and safety, and are driving the growth of feed for better animal health and disease protection.

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Key Market Trends

Growing Demand for Meat and Aquaculture Products

The economic downturn has had a very limited effect on the European meat market, which has maintained its positive outlook. The highest growth for meat consumption is expected from Germany, France, Spain, and the United Kingdom because of changing diet patterns, population, and economic growth. Fish are low in fats, cholesterol, and carbohydrates. Although not very high in protein, fish also provide essential vitamins and amino acids. The demand for seafood is increasing rapidly as more and more people are becoming aware of the health benefits of fish consumption. Increasing European population trends are also supporting the growth of the world meat and seafood market where the European union's population increased from 511.21 in 2016 to 513.21 in 2018. Increasing life expectancy and limited availability of land and water resources for animal feed production, and increasing use of these resources for food and ethanol production are increasing the demand for animal feed in the European meat industry.

Spain Dominates the Market

The demand for meat protein is rising in the European region especially in Germany, Spain, Russia, United Kingdom, etc. with rapid economic growth in the region. This increased demand for meat protein has triggered meat production in the region, where uptake of compound feed has increased and is expected to show a healthy growth rate. Apart from improving nutritional value compound feed is gaining importance for their role in meat quality improvement. Farm animals in Europe consume an estimated 478 million tonnes of feed a year, of which about 156 million tonnes are produced by compound feed manufacturers. ). The compound feed production of Europe can be broken down to mainly pig feed (35%), feed for broilers and laying hens (33%), and cattle feed (25%).

What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Europe Compound Feed Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market. 

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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