Market Insights
As per recent research by MarkNtel Advisors, The Europe Poultry Feed Market is projected to grow at a CAGR of around 5% during the forecast period, i.e., 2023-28.
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Key Driver: Ever-increasing Meat Production to Cater to Evolving Consumer Demand
The per capita income of Europeans is pretty high as most of the residing countries are developed. Rising urbanization and increasing population levels are accelerating the demand for animal protein, mainly meat & eggs, which, in turn, is augmenting the demand for poultry feed & additives across the region. Moreover, the growing consumer interest in eating outside at fancy restaurants is another aspect leading to ever-increasing demand for meat, i.e., spurring hike in the industry.
Market Segmentation and Consumer Behavior:
By Form
- Pellets
- Crumbles
- Mash
- Others
By Nutrition
- Vitamins
- Protein
- Fats
- Carbohydrates
- Organic Acids
- Others (Minerals & Enzymes)
By Type of Feed
- Normal Poultry Feed
- Feed Additives
- Compound Feed
By Animal
- Chicken
- Layers
- Broiler
- Grandparents
- Turkey
- Others (Duck & Goose)
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Europe Poultry Feed Market Geographical Analysis:
By Country:
- The UK
- The Netherlands
- France
- Spain
- Italy
- Germany
- Poland
- Ukraine
- Rest of Europe
Key Players and Competitive Strategies in the Europe Poultry Feed Market
Several prominent players dominate the Europe Poultry Feed Market, including:
- Archer Daniel Midland Co.
- AG Chemi Group
- Cargill Inc.
- Alltech
- Evonik Industries AG
- Trouw Nutrition
- Novozyme + DSM Nutritional Products
- Du Pont
- BASF
- Others (Nusana)
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Questions Addressed in this Study
1.What factors are driving the Europe Poultry Feed Market growth?
2.How is the Europe Poultry Feed Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Europe Poultry Feed Market?
4.What is the current size of the Europe Poultry Feed Market, and how is it projected to change in the future?
5.What is the future outlook for the Europe Poultry Feed Market in terms of technological advancements and market expansion?
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