Press release
Europe Animal Nutrition Market Growth Prospect and Future Scenario by Top Key Players : Cargill, Incorporated, DSM, Kemin Industries, Inc., Alltech, Phibro Animal Health Corporation, Rossari Biotech Limited, ADM, Advanced Enzyme Technologies, Zoetis, Glan
An influential Europe Animal Nutrition Market research report works as an ideal solution for better understanding of the market and high business growth. Huge efforts have been put together and no stone is left unturned while preparing this report. It considers public demands, competencies and the constant growth of the working industry, vibrant reporting, or high data protection services while analysing market information. Europe Animal Nutrition Market report has a chapter on the global market and allied companies with their profiles, which provides important data pertaining to their insights in terms of finances, product portfolios, investment plans, and marketing and business strategies.An all-inclusive Europe Animal Nutrition Market report makes thoughtful about competitive landscape which is another significant aspect of market analysis. Therefore, the moves or actions of major market players and brands are analysed in this report which include product developments, products launches, acquisitions, mergers, joint ventures, and future products to technologies. Target driven formulation of report, fidelity for the quality and transparency in research method are few of the features which makes this market report adoptable with confidence. Europe Animal Nutrition Market research report definitely assist businesses for the long lasting accomplishments in terms of better decision making, revenue generation, prioritizing market goals and profitable business.
The Europe animal nutrition market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.4% in the forecast period of 2021 to 2028 and is expected to reach USD 8,607.27 million by 2028.
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Some of the major companies which are dealing in the Europe animal nutrition are Cargill, Incorporated, DSM, Kemin Industries, Inc., Alltech, Phibro Animal Health Corporation, Rossari Biotech Limited, ADM, Advanced Enzyme Technologies, Zoetis, Glanbia plc, DuPont (IFF Nutrition & Biosciences), Zinpro Corp., NOVUS INTERNATIONAL, BENEO, Norvite, Biovet, S.A, Bluestar Adisseo Co., Ltd., Balchem Inc., Vetoquinol S.A., Novozymes, EW Nutrition, BASF SE, Chr. Hansen Holding A/S, Brenntag Latvia, SIA, and azelis, among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Animal nutrients refer to animals' dietary needs, including minerals, enzymes, eubiotics, macronutrients, amino acids, and vitamins essential in efficient meat and milk production, proper bone structures, and reproduction. The study of the composition and characteristics of the material consumed by the animal and how the feed material is metabolized (converted, utilized, and excreted) in the digestive tract and body cells of monogastric animals (pigs, broilers, layers), ruminants (sheep, cattle, goats), and lower digestive tract fermenters, is known as animal nutrition (horses, ostriches). Therefore, this information is incorporated into an economically feasible and practical system of animal nutrition to ensure that animals achieve their maximum genetic production potential. It mainly focuses on the dietary nutrient needs of animals, primarily those in agriculture and food production, and zoos, aquariums, and wildlife management.
Growing demand for meat and meat related products among the consumers and rising awareness regarding animal health are driving the growth of the animal nutrition market in the region. Additionally, rising nutritional requirements of existing livestock, and growing disposable income of the European consumers are increasing the consumption of animal-based products. Whereas, high prices of animal nutrition products, and environmental challenges which are impacting on production of livestock are likely to restrict the growth of the market. On the other side, increasing investment by the manufacturers in the feed industry will create opportunity for the market in the forecasted period. However, availability of counterfeit products on large scale in the market is acting as challenge for Europe animal nutrition market.
Animal Nutrition Market Scope and Market Size
The animal nutrition market is segmented on the based on the type, feed type and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the animal nutrition market is segmented into amino acids, enzymes, carotenoids, fiber, antioxidants, eubiotics, lipids, fatty acids, medicated feed additives, minerals, vitamins, and others. In 2021, the medicated feed additives segment is expected to dominate the market due to huge availability of medicated feed products in the market as a preventive as well as curative agent for various animal disorders.
On the basis of feed type, the animal nutrition market is segmented into poultry feed, swine feed, ruminant feed, pet food, and others. In 2021, the poultry feed segment is expected to dominate the market due increase in demand for meat products among the consumers.
On the basis of end user, the animal nutrition market is segmented into feed manufacturers, veterinarians, pet food manufacturers, livestock farmers, and others. In 2021, the feed manufacturers segment is expected to dominate the market due to increased demand of feed ingredients by feed manufacturers as a raw material.
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Animal Nutrition Market Country Level Analysis
The animal nutrition market is analysed and market size information is provided by the country, type, feed type and end user as referenced above.
The countries covered in the animal nutrition market report are the Germany, U.K., Italy, France, Spain, Sweden, Switzerland, Netherlands, Belgium, Russia, Turkey, and rest of Europe.
Germany is expected to lead the growth of the European market for type segment due to growing disposable income of population and increase in the consumption of meat products. In Russia, type segment is expected to dominate due to increase in demand for animal nutrition to enhance the performance of animals. In Spain, huge availability of medicated feed products is expected to boost the market's growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Key Indicators Analysed:
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin & Sales by Product Types.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook. Further the report provides break down details about each region & countries covered in the report. Identifying its production, consumption, import & export, sales volume & revenue forecast.
Market Analysis by Product Type: The report covers majority Product Types in the Europe Animal Nutrition Industry, including its product specifications by each key player, volume, sales by Volume and Value (M USD).
Market Analysis by Application Type: Based on the Europe Animal Nutrition Industry and its applications, the market is further sub-segmented into several major Application of its industry. It provides you with the market size, CAGR & forecast by each industry applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report will provide with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Reasons for buying this report:
Analysing the outlook of the Europe Animal Nutrition market with the recent trends and Porter's five forces analysis
To study current and future market outlook in the developed and emerging markets
Europe Animal Nutrition Market dynamics scenario, along with growth opportunities of the market in the years to come
Europe Animal Nutrition Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
Europe Animal Nutrition Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
Distribution Channel Sales Analysis by Value
Competitive landscape involving the Europe Animal Nutrition market share of major players, along with the new product launch and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategy employed by the major market players
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