Market Overview:-
The Europe Feed Additives Market was valued at 2.05 billion US dollars in the year 2017 and is expected to reach the market value of 2.68 billion US dollars by the end of 2023, and it is projected to record a compound annual growth rate (CAGR) of 2% during the forecast period of 2020-2025.
Factors such as high urbanization, increasing preference for processed food, etc., are supporting the growth of the feed additives market in the European nations.
Driving Factors:-
One of the major driving factors that helps the growth of the Europe Feed Additives market is the increased preference for processed food. High urbanization and growing demand from consumers for protein rich diets resulting in huge consumption of poultry and pork are some of the driving factors of Europe Feed Additives market.
Challenges:-
Strict regulations required for approving new product into the market is a growth effecting factor of Europe Feed Additives market. Sustainability of feed and livestock is also among the major challenging factors that are limiting the expansion of the Europe Feed Additives market.
Segmentation Analysis:-
The Europe Feed Additives market is segmented on the basis of type, on the basis of livestock, on the basis of form, on the basis of source, and on the basis of region.
On the basis of type, the Europe Feed Additives market is segmented into vitamins, acidifiers, amino acids, phosphates, caretonoids, enzymes, mycotoxin detoxifiers, flavors & sweeteners, antibiotics, minerals, antioxidants, non-protein nitrogen, phytogenics, preservatives and probiotics. Among these, the mineral segment holds the major share of the market in terms of volume as they are essential for sustaining and improving the health of the livestock.
On the basis of livestock, the Europe Feed Additives market is divided into ruminants, poultry, swine, aquatic animal and others such as equine and pets. The ruminant segment is again sub divided into dairy, beef, calf, goats and sheep. The poultry segment is further bifurcated into broilers, layers and breeders. The swine segment is sub divided into starter, sow and grower.
Based on the form, the regional market is divided into dry and liquid. Based on the source, the European market is separated into natural and synthetic.
Regional Analysis:-
European region is having the significant share of the market owing to the surge in demand for meat and meat products, which the growth of the Feed Additives market in the locale.
Key market players:-
Some of the key players of the Europe Feed Additives market are Evonik Industries AG, Adisseo France S A S, BASF SE, Cargill Europe BVBA, Lonza AG, Novozymes A/S, Chr. Hansen A/S.
Covid-19 impact on Europe Feed Additives market:-
Coronavirus pandemic has effected almost all the business mainly in three ways, directly effecting the production, creating supply chain and market disturbance and by financially. The covid-19 has impacted in every sectors like restaurants, manufacturing units, flights, traveling and so many sectors to halt their services.
Due to the covid-19, Europe Feed Additives market is also facing difficulties and witnessed huge financial losses due to financial crisis they had faced. As per the analysis, the industry experts are predicting that the market will boost up and will be back to the normal stage once the vaccine has released. As we all are aware that in most of the countries, the government have already lifted the lockdown and also gave permission for the manufacturing companies to start their businesses with strict rules and regulations. As the companies have started their manufacturing units, the market of Europe Feed Additives will get back to the normal stage and get profits in the near future.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Feed Additives Market, By Type
6.1.1 Vitamins and Minerals
6.1.2 Acidifiers
6.1.3 Amino Acids
6.1.4 Phosphates
6.1.5 Caretonoids
6.1.6 Enzymes
6.1.7 Mycotoxin Detoxifiers
6.1.8 Flavors & Sweeteners
6.1.9 Antibiotics
6.1.10 Antioxidants
6.1.11 Market Size Estimations & Forecasts (2019-2024)
6.1.12 Y-o-Y Growth Rate Analysis
6.1.13 Market Attractiveness Index
6.2 Feed Additives Market, By Livestock
6.2.1 Ruminants
6.2.2 Poultry
6.2.3 Swine
6.2.4 Aquatic Animal
6.2.5 Market Size Estimations & Forecasts (2019-2024)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
6.3 Feed Additives Market, By Form
6.3.1 Liquid
6.3.2 Dry
6.3.3 Market Size Estimations & Forecasts (2019-2024)
6.3.4 Y-o-Y Growth Rate Analysis
6.3.5 Market Attractiveness Index
6.4 Feed Additives Market, By Source
6.4.1 Natural
6.4.2 Synthetic
6.4.3 Market Size Estimations & Forecasts (2019-2024)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Livestock
7.2.4 By Form
7.2.5 By Source
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Type
7.3.3 By Livestock
7.3.4 By Form
7.3.5 By Source
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Livestock
7.4.4 By Form
7.4.5 By Source
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Type
7.5.3 By Livestock
7.5.4 By Form
7.5.5 By Source
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Type
7.6.3 By Livestock
7.6.4 By Form
7.6.5 By Source
8. Key Player Analysis
8.1 Solvay AG
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Ajinomoto
8.3 Novozymes
8.4 Cargill Inc
8.5 DowDuPont
8.6 ADM
8.7 Evonik
8.8 BASF SE
8.9 DSM
8.10 InVivo
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
