The Europe animal feed additives market is projected to grow from US$ 7,727.66 million in 2021 to US$ 10,827.83 million by 2028, registering a compound annual growth rate (CAGR) of 4.9% from 2021 to 2028.
Animal feed products are commonly enriched with essential nutrients such as vitamins, minerals, phosphorus, and calcium. This fortification helps strengthen bones and reduce animal mortality rates. For example, additives like boron aid in treating bone fractures, while probiotics have been shown to enhance immunity and improve overall animal performance. Additionally, feed fortification helps lower the reliance on crude protein sources, such as soybeans, by incorporating synthetic amino acids. Popular additives used in feed fortification include antibiotics, acidifiers, antioxidants, vitamins, minerals, amino acids, binders, and enzymes. Growing demand for these additives, driven by their proven health benefits, is expected to propel the market’s expansion over the forecast period.
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The COVID-19 pandemic initially had a negative impact on Europe’s animal feed sector. According to the European Compound Feed Manufacturers’ Federation (FEFAC), EU animal feed production declined by 1.0% in 2020 as restrictions affected consumer demand for animal-derived products. Additionally, outbreaks of avian influenza in several European countries further strained the poultry sector, limiting growth in the animal feed additives market. However, as restrictions ease and the pandemic situation improves, consumer demand—particularly for chicken meat—is rebounding. This recovery is expected to gradually boost the animal feed industry, creating new opportunities for growth in the feed additives market.
Furthermore, ongoing innovations and advanced technologies are enabling vendors to attract new customers and expand their presence in emerging markets. These factors are expected to support steady growth in the Europe animal feed additives market over the forecast period.
Strategic insights into the Europe Animal Feed Additives market deliver data-driven analysis of the current industry landscape, highlighting emerging trends, leading players, and distinct regional dynamics. These insights provide actionable guidance, enabling stakeholders to gain a competitive edge by uncovering untapped opportunities and crafting unique value propositions. By leveraging advanced data analytics, industry participants—whether investors, manufacturers, or other key players—can better anticipate market shifts and evolving demands. With a forward-looking approach, these insights help stakeholders position themselves for sustainable growth and long-term success in this fast-changing market. Ultimately, effective strategic insights empower informed decision-making that drives profitability and supports the achievement of business goals across the European feed additives sector.
Market leaders and key company profiles
ď‚·Â Cargill, Incorporated
ď‚·Â Archer-Daniels-Midland Company
ď‚·Â Evonik Industries AG
ď‚·Â Land O’Lakes, Inc
ď‚·Â Nutreco N.V
ď‚·Â Alltech
ď‚·Â DuPont de Nemours, Inc.
ď‚·Â DSM
ď‚·Â Novozymes
ď‚·Â Kemin Industries Inc.
Europe Animal Feed Additives Regional Insights
The geographic scope of the Europe Animal Feed Additives refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights