France Feed Additives Market - Growth, Trends and Forecasts (2020 - 2025)

The France feed additives market is expected to register a CAGR of 4.4% during the forecast period (2020-2025). Food safety concerns, especially about the meat and dairy products, have led to increased consumption of feed additives in the region. Increased meat consumption and increasing meat prices are further expected to drive the growth of the market. French animal breeds are highly popular and preferred internationally for meat and other related products. This has led to higher export of animals from the country resulting in demand for compound feed, along with feed additives in the country. Industrialization of meat production, an increase in demand for nutritional animal produce have all fuelled the market. Increasing demand from foreign markets has propelled production and exports. The leading companies in the market are Alltech Inc., Adisseo France SAS, Cargil Inc., Elanco, and Chr. Hansen Holding A / S.

Key Market Trends

Growing Animal Export Market

The demand for meat is increasing rapidly as more and more people are becoming aware of the health benefits of meat consumption. According to Eurostat, in 2018, the country accounted for 11.4% of the total EU poultry meat production. French animal breeds are highly popular and preferred internationally for meat and other related products. According to ITC Trade, in 2019, live animals worth USD 2.4 billion were exported compared to 2.1 billion live animals in 2016. Among all animal types, in 2019, bovine export amounted highest with the value of USD 1.68 billion. The growing consumer appetite toward meat is expected to drive production which in turn, impacts the feed additives market positively during the study period.

Growing Livestock Production Drives the Feed Production

The rising cost of feed raw materials, increased emphasis on reduced cost of feed production and rising demand for meat and milk products are the major demand driving factors. According to the Food and Agriculture Organisation (FAO), in 2017 there are around 18.9 million cattle in France as compared to 18.5 million in 2018. The higher demand for meat and dairy products will drive the market for feed additives to increase productivity in the country during the forecast period.

According to the Alltech Feed Survey, in 2019, the country had a total of 315 mills, catering to 22.1 million metric ton production of compound feed. Fed production for Pigs amounted to the highest with 4.9 million metric tons followed by dairy animals and poultry feed with 3.43 million metric tons and 3.44 million metric tons respectively. Consumption of food containing a suitable quantity of additives exerts positive effects on livestock, such as improvement in digestion and reproduction. Growing commercial livestock production is driving the demand for feed additives.

Competitive Landscape

The France feed additives market is highly concentrated, with the few leading companies accounting for the majority of the market share. The leading players in the market studied are focused on business expansion, by either investing in new production units or acquiring established small players in the region. The leading companies in the market are Alltech Inc., Adisseo France SAS, Cargil Inc., Elanco, and Chr. Hansen Holding A / S. For instance, in 2016, Addiseo launched Rovabio Advance, which is a probiotic that improves the digestibility of food in animals and limits the use of antibiotics, when used in animal feed.

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