Europe Feed Prebiotics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.10 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Feed Prebiotics Market Analysis
The Europe feed prebiotics market is projected to register a CAGR of 8.1% over the forecast period (2020-2025). Pathogenic and parasitic contamination in meat products has raised concerns about the quality and safety of meat. This has led to the use of feed additives, such as prebiotics, which provide balanced nutrition to the animals and protect them against such harmful environmental factors. Growing meat consumption in the region coupled with mass production of livestock has led to increased feed production which in turn drives the prebiotics market during the study period. Thus, increased awareness and high demand for safe meat and milk products are prompting the livestock industry and meat manufacturers to use additives, like prebiotics. Some of the major players in the market are Alltech, Inc., Cargill, Inc., Solvay, Beneo GmbH, COSUCRA, and Roquette Fr猫res.
Europe Feed Prebiotics Market Trends
This section covers the major market trends shaping the Europe Feed Prebiotics Market according to our research experts:
Growing Consumer Preference Towards Animal Sourced Products
The growing population along with changing food habits have driven the meat industry market. Meat products are growing rapidly due to high-quality protein, amino acids, minerals, and vitamins. Additionally, meeting the demands of the meat processing industry by livestock farmers, producing high quality and hygienic meat, is a big challenge faced by them. According to OECD poultry meat consumption in the United Kingdom was 27.8 in 2016 which increased to 28.3 in 2019. Pork is the second most-consumed meat with per capita consumption of 17 kg in 2019. The growing demand for animal products and processed meat has created an opportunity for feed manufacturers to enhance the productivity of animals. Farmers are relying on feeds to obtain high performance and quick weight-gaining animals in a short period.
Increasing Feed Production Drives the Market
Significant enhancements in yields of animal products even with reducing or stagnant animal headcounts was possible mainly because of the quality feed fed to the livestock. Despite the decline in livestock population, meat production has been increased in 2018 compared to 2017. According to Eurostat, the pig population in 2018 was 148 million heads as compared to 150 million heads in 2017, whereas the pig meat production in 2018 was 23.8 million tons a 2.1% up from the previous year. Additionally, poultry meat production in 2018 was 15.2 million tons a 4.8% increase from 2017. Ban on antibiotics and the scramble for replacement supplements have also driven the market for prebiotics. Increased concerns over animal health and the outbreak of diseases in the recent past have stimulated the demand for quality feed, in turn, indicates growth in the prebiotic market.
Europe Feed Prebiotics Industry Overview
The Europe feed prebiotics market is fragmented, with the top global and regional players competing fiercely with the local players. The focus on quality, through extensive investment in product R&D, is the most adopted strategy of the leading players across the world. The major investments are directed toward product-line expansions and the innovation of new products, for expanding the customer base. The major players in the market are Alltech, Inc., Cargill, Inc., Solvay, Beneo GmbH, COSUCRA, and Roquette Fr猫res.
In 2018, Adesseo acquired Nutriad, a Belgium based feed additive manufacturing company. The strategy helps Adesseo to expand its business and strengthen its portfolio to become one of the leading manufacturers of feed additives for animal nutrition and health.
Europe Feed Prebiotics Market Leaders
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Alltech
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COSUCRA
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Cargill, Incorporated.
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Roquette Fr猫res.
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Solvay
*Disclaimer: Major Players sorted in no particular order
Europe Feed Prebiotics Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Porter's Five Force Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Inulin
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5.1.2 Fructo-Oligosaccharides
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5.1.3 Galacto-Oligosaccharides
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5.1.4 Others
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5.2 Animal Type
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5.2.1 Ruminants
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5.2.2 Poultry
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5.2.3 Swine
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5.2.4 Aquaculture
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5.2.5 Other Animal Types
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5.3 Geography
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5.3.1 Europe
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5.3.1.1 Germany
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5.3.1.2 United Kingdom
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5.3.1.3 France
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5.3.1.4 Russia
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5.3.1.5 Spain
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5.3.1.6 Italy
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5.3.1.7 Rest of Europe
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Competitor Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Alltech
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6.3.2 Cargill, Incorporated
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6.3.3 COSUCRA
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6.3.4 Roquette Freres
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6.3.5 Solvay
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6.3.6 Beneo GmbH
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6.3.7 Behn Meyer
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6.3.8 Purina Animal Nutrition LLC.
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19
Europe Feed Prebiotics Industry Segmentation
The report covers the prebiotics used in compound feed, as a part of the market scope. The market for prebiotics used as supplements in home-based feed is excluded from the market scope and the end consumers of the products include feed mills. Based on type, the Europe feed prebiotics market is segmented into inulin, fructo-oligosaccharides, galacto-oligosaccharides, and other types. Based on animal type, the market is segmented into ruminants, poultry, swine, aquaculture, and other animal types in countries such as Germany, the United Kingdom, Russia, Spain, France, Italy, and Rest of Europe.
| Type | |
| Inulin | |
| Fructo-Oligosaccharides | |
| Galacto-Oligosaccharides | |
| Others |
| Animal Type | |
| Ruminants | |
| Poultry | |
| Swine | |
| Aquaculture | |
| Other Animal Types |
| Geography | |||||||||
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Europe Feed Prebiotics Market Research FAQs
What is the current Europe Feed Prebiotics Market size?
The Europe Feed Prebiotics Market is projected to register a CAGR of 8.10% during the forecast period (2024-2029)
Who are the key players in Europe Feed Prebiotics Market?
Alltech, COSUCRA, Cargill, Incorporated. , Roquette Fr猫res. and Solvay are the major companies operating in the Europe Feed Prebiotics Market.
What years does this Europe Feed Prebiotics Market cover?
The report covers the Europe Feed Prebiotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Feed Prebiotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Prebiotics Industry Report
Statistics for the 2024 Europe Prebiotics market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Europe Prebiotics analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
