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Europe Poultry Feed Premix Market Size, Share, Trends, COVID-19 Impact And Growth Forecasts Report – Segmented By Ingredient Type, And Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic & Rest of Europe) - Industry Analysis (2024 to 2029)

Published: March, 2023
ID: 548
Pages: 145
Formats: report pdf report excel report power bi report ppt

Europe Poultry Feed Premix Market Size (2024 to 2029)

The poultry feed premix market size in Europe is expected to be valued at USD 1.03 bn in 2024 and USD 1.19 bn by 2029, growing at a CAGR of 2.90% from 2024 to 2029.

Poultry feed premixes consist of different feed additives mixed with diluents that facilitate the rate of mixing. It ensures uniformity and homogeneity in feed for better nutrient availability.

Poultry is the most widely consumed meat in the world and its production is more than any other meat category. Poultry feed premix has become a vital part of the globally increasing livestock and meat production industries. Producers supply premixes to guarantee a uniform supply of nutrients to the animals and to augment their quality and productivity. The end users of the poultry feed premix are poultry, pigs, ruminants, fish, etc.

The growth of the European poultry feed premix market is mainly due to the growth in meat consumption and increasing population. With the latest technologies that focus on improving the quality of the premixes, there is a constantly increasing demand for them. Complex regulatory bodies in the European Union and the increasing cost of operations are the main factors hindering the growth of this regional market.

This research report on the European poultry feed premix market is segmented and sub-segmented into the following categories.

Europe Poultry Feed Premix Market – By Ingredient Type:

  • Minerals
  • Antibiotics
  • Vitamins
  • Amino Acids
  • Other Ingredients

The vitamins segment leads the poultry feed premix market, followed by the minerals segment. Vitamins and minerals have been gaining substantial growth, as they serve as a vital factor in enhancing the growth of livestock and in the growth of the immune system. The reputation of trace minerals such as zinc, manganese, iodine, and selenium for their functional benefits leads to the strong growth of this segment along with vitamins.

Europe Poultry Feed Premix Market – By Country:

  • United Kingdom
  • France
  • Spain
  • Germany
  • Italy
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • Netherlands
  • Rest of Europe

The European market has been geographically segmented into Germany, the U.K., France, Spain, and Italy. This region has a market share of about 22% and is just trailing behind the Asia-Pacific region. This market is anticipated to grow steadily due to the increasing importance of animal health and wellness in the animal husbandry industry.

 KEY MARKET PLAYERS:

Some of the major companies dominating the market in this region are Cargill, Koninklijke DSM N.V., Nutreco N.V., Archer Daniels Midland Company, and InVivo Nutrition et Sante Animales.

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FAQ's

What is the current size of the Europe poultry feed premix market?

As of the latest data, the European poultry feed premix market will be valued at USD 1.03 million by 2024.

Which European countries significantly contribute to the growth of the poultry feed premix market?

 Europe includes major poultry-producing countries such as France, Germany, and the United Kingdom, where a robust poultry industry drives the demand for feed premixes.

What are the primary trends shaping the poultry feed premix market in the United Kingdom?

In the United Kingdom, key trends include the increasing demand for antibiotic-free poultry products, the adoption of sustainable and organic premix formulations, and a focus on precision nutrition.

Are there specific challenges faced by the poultry feed premix market in Eastern European countries?

Eastern European countries face challenges related to diverse climatic conditions and varying poultry farming practices, requiring adaptability in feed premix formulations to meet regional needs.

What technological advancements are driving the Poultry feed premix market in the Netherlands?

Technological advancements in the Netherlands focus on precision dosing, innovative ingredient sourcing, and the integration of digital solutions to optimize the formulation of poultry feed premixes.

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