The poultry feed market in Europe is projected to grow from US$ 26,168.26 million in 2021 to US$ 31,874.91 million by 2028, at a compound annual growth rate (CAGR) of 2.9% during the forecast period.
This growth is primarily driven by the steady expansion of the poultry sector across the region. The rising demand for poultry meat and eggs is a key factor boosting production levels. Poultry products are among the most affordable sources of protein, which continues to fuel their popularity. In particular, chicken consumption is increasing among health-conscious consumers. Additionally, Europe’s growing youth population, coupled with evolving dietary habits, is expected to further stimulate poultry production and consumption.
According to the Food and Agriculture Organization (FAO), poultry meat accounted for approximately 39% of global meat production in 2019. Moreover, global egg production has grown by 150% over the past three decades. This surge in poultry production necessitates the use of high-quality feed to ensure optimal growth, health, and productivity of flocks. Proper nutrition plays a critical role in enabling poultry to reach their full developmental potential, thereby increasing the demand for quality poultry feed across Europe.
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The COVID-19 pandemic temporarily hindered market growth. Restrictions led to a decline in demand for animal-origin products, and according to the European Compound Feed Manufacturers’ Federation (FEFAC), EU poultry feed production dropped by 2.7% in 2020. Additionally, outbreaks of avian influenza in parts of Europe further strained the poultry industry. However, with the gradual easing of pandemic-related restrictions, chicken meat has regained consumer preference. This recovery in demand is expected to support a resurgence in poultry production, subsequently creating growth opportunities for the poultry feed market throughout the forecast period.
Europe Poultry Feed Market-Companies Mentioned
- ADM
- Alltech.
- Cargill, Incorporated.
- Charoen Pokphand Foods PCL
- De Heus Animal Nutrition.
- ForFarmers
- Kent Corporation
- SHV Holdings
Europe Poultry Feed Strategic Insights
Strategic insights for the Europe Poultry Feed provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Europe Poultry Feed Regional Insights
The geographic scope of the Europe Poultry Feed 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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