The Europe feed additives market size reached US$ 4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.
Feed additives refer to nutritional supplements formulated to improve the quality of animal products like meat, milk, and eggs. They mostly contain vitamins, minerals, amino acids and other essential nutrients that help prevent diseases and maintain the optimum health of animals. The use of feed additives results in efficient reproduction and stress resistance and immune function in animals.
In Europe, the poultry industry’s development as a leading livestock segment for the consumption of feed additives has catalyzed the feed additives market. This can be attributed to the steadily increasing demand for poultry products in the region. Moreover, the growing consumption of animal-derived products has encouraged farmers to use feed additives to prevent disease outbreak in livestock and enhance their value for human consumption. Furthermore, the rise of food safety concerns regarding dairy and meat products has increased the use of feed additives in countries, like Germany, Spain and Poland. Moreover, the leading manufacturers are rapidly investing in research and development (R&D) activities to upgrade their manufacturing technologies for improving the yield and quality of the products. The companies are also opting for innovative solutions to ensure high-quality feed additive inputs in animal feeds and enhance the efficiency of meat production.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Europe feed additives market report, along with forecasts at the regional and country levels from 2023-2028. Our report has categorized the market based on source, product type, livestock and form.
Breakup by Source:
Breakup by Product Type:
- Amino Acids
- Monocalcium Phosphate
- Dicalcium Phosphate
- Mon0-Dicalcium Phosphate
- Defulorinated Phosphate
- Tricalcium Phosphate
- Propionic Acid
- Formic Acid
- Citric Acid
- Lactic Acid
- Sorbic Acid
- Malic Acid
- Acetic Acid
- Mycotoxin Detoxifiers
- Flavors and Sweeteners
- Non-Protein Nitrogen
- Mold Inhibitors
- Anticaking Agents
- Essential Oils
- Herbs and Spices
- Stretococcus Thermophilus
Breakup by Livestock:
- Dairy Cattle
- Beef Cattle
- Aquatic Animal
Breakup by Form:
Breakup by Country:
- United Kingdom
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis
||Source, Product Type, Livestock, Form, Country
||Germany, France, United Kingdom, Italy, Spain, Others
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Key Questions Answered in This Report:
- How has the Europe feed additives market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Europe feed additives market?
- What are the key regional markets?
- What is the breakup of the market based on the source?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the livestock?
- What is the breakup of the market based on the form?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Europe feed additives market and who are the key players?
- What is the degree of competition in the industry?