The Europe feed Acidifiers market report is projected to grow at a CAGR of 5.4% during the forecast period (2020-2025). The major factors driving the feed acidifiers market include the rising consumption of livestock by-products, growing government aids or funds promoting the wellness of the feed industry, and ban of antibiotics in the European Union. Acidifiers are effective in improving the performance of broilers, especially in diets without feed antibiotics. Acidifier also had beneficial effects on the composition of the microflora in the caecum and was effective in improving nutrient digestibility and energy value in broilers.
Key Market Trends
Industrialization of Meat Production
Animal feeding plays a leading role in the European food industry and feed is the largest and most important component to ensure the sustainable production of safe and affordable animal proteins for the generation of healthy meat. This will in turn drive the feed acidifiers market to promote healthy growth in the animals. The main meat producers in Europe are Germany, Spain, France and Poland, and the United Kingdom. A feed is the major cost factor for livestock farmers. According to FAO, The total volumes of produced feed reach 375 billion EUR in 2016 in Europe as the number of poultry animals' intaking feed grew in the region from 2,412,684 per thousand heads to 2,470,547 per thousand heads in 2017. Also, the cattle meat increased from 10,546,818 metric tons in 2016 to 10,617,906 metric tons in 2017 owing to the increased demand for meat in the region. Thus, the European farmers will demand feed acidifiers in order to produce better meat quality for European consumers.
Germany Dominates the Market
The European Feed acidifiers market is projected as the fastest-growing market among the feed additives. The increasing meat consumption and a growing population of Europe is constantly boosting the feed acidifiers market. Germany is one of the largest markets for feed acidifiers followed by the United Kingdom, France, and other European Countries. As the population of Germany has increased from 82.35 million in 2016 to 82.93 million in 2018, the demand for high-quality meat is projected to increase. The pig's population increased from 27,376,100 heads in 2016 to 26,445,400 heads in 2018 (FAO) in Germany which was one of the larger animal populations in the country. Thus, the demand for feed acidifiers is a growing need in the country as well as in the entire region.
Competitive Landscape
The Europe feed acidifiers market is a concentrated market with few major players including BASF SE, Novus International, Kemin, Biomin, and Corbion. The most adopted strategies by these major players to expand their business are mergers and acquisitions, expansions and investments in research and development.
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Key Market Trends
Industrialization of Meat Production
Animal feeding plays a leading role in the European food industry and feed is the largest and most important component to ensure the sustainable production of safe and affordable animal proteins for the generation of healthy meat. This will in turn drive the feed acidifiers market to promote healthy growth in the animals. The main meat producers in Europe are Germany, Spain, France and Poland, and the United Kingdom. A feed is the major cost factor for livestock farmers. According to FAO, The total volumes of produced feed reach 375 billion EUR in 2016 in Europe as the number of poultry animals' intaking feed grew in the region from 2,412,684 per thousand heads to 2,470,547 per thousand heads in 2017. Also, the cattle meat increased from 10,546,818 metric tons in 2016 to 10,617,906 metric tons in 2017 owing to the increased demand for meat in the region. Thus, the European farmers will demand feed acidifiers in order to produce better meat quality for European consumers.
Germany Dominates the Market
The European Feed acidifiers market is projected as the fastest-growing market among the feed additives. The increasing meat consumption and a growing population of Europe is constantly boosting the feed acidifiers market. Germany is one of the largest markets for feed acidifiers followed by the United Kingdom, France, and other European Countries. As the population of Germany has increased from 82.35 million in 2016 to 82.93 million in 2018, the demand for high-quality meat is projected to increase. The pig's population increased from 27,376,100 heads in 2016 to 26,445,400 heads in 2018 (FAO) in Germany which was one of the larger animal populations in the country. Thus, the demand for feed acidifiers is a growing need in the country as well as in the entire region.
Competitive Landscape
The Europe feed acidifiers market is a concentrated market with few major players including BASF SE, Novus International, Kemin, Biomin, and Corbion. The most adopted strategies by these major players to expand their business are mergers and acquisitions, expansions and investments in research and development.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BASF SE
- Biomin
- Kemin Industries, Inc.
- Novus International
- Corbion
- Perstorp
- Yara International ASA
- Impextraco NV
- Kemira OYJ
Methodology
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