Europe Feed Antibiotics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.80 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Feed Antibiotics Market Analysis
The Europe Feed Antibiotics market is projected to register a CAGR of 2.8% during the forecast period(2020-2025). The increase in consumer awareness and acceptance, regarding the convenience of meat products has created the demand for quality feed and in turn, drives the market. The growing trend of commercial production of livestock will lead to the higher use of compound feed which will in turn drive the market for antibiotics. The government's ban on indiscriminate use of antibiotics might hinder the use of antibiotics in the animal feed. However, the conscious inclusion of antibiotics on a medication prescribed by the veterinarian will impact the market positively. Alltech. Inc., Borregaard AS, Boehringer Ingelheim Denmark A / S, and Elanco are some of the leading players in the studied market accounting for the majority of the market share.
Europe Feed Antibiotics Market Trends
This section covers the major market trends shaping the Europe Feed Antibiotics Market according to our research experts:
Rising Demand for Animal Sourced Proteins
Despite the increasing global concern regarding the antimicrobial resistance in humans due to the use of antibiotics in livestock, meat consumption is increasing every year. According to the Organisation for Economic Co-operation and Development (OECD), in Russia, poultry meat consumption is recorded to be highest. In 2016 poultry meat consumption was 29.5 Kg and I has increased to 31.7 Kg in 2019. The government is following strict regulations to monitor and regulate the usage of antibiotics. In 2018, the European parliament had set up new rules that ban prophylactic use of antibiotic medicated feed, and Metaphylactic use, i.e. treating the whole group of animals when one is infected, will be allowed only when the risk of spread of infection is high and there is no appropriate alternative. Also, medicated feed containing antibiotics is allowed on veterinarian prescriptions after a proper physical examination and diagnosis.
Increasing Feed Production Drives the Market
Regular use of antibiotics as feed additives can reduce the risk of disease and increase nutrient-intake efficiency. The improved efficiency gained through antibiotic use decreases the amount of feed. According to the Food and Agriculture Organisation (FAO), in 2016, cattle and buffaloes population in the region was 121.97 million as compared to 119.79 million in 2018. Also, the poultry population was 2412.68 million in 2016 which increased to 2470.54 million in 2018. Thus the growing population and health concern creates demand for quality feed which includes antibiotics. According to the European Feed Manufacturer's Federation (FEFAC), in 2018, the industrial compound feed production for farmed animals in the region reached an estimated level of 163.3 million metric tons a 1.8% higher than in 2017. Furthermore, in 2018, Germany, Spain, and France remain the three leading countries in terms of total compound feed production with 23.84 million metric tons, 24.25 million metric tons, and 20.84 million metric tons respectively. Germany is the leading cattle and pig feed producer with 7 million metric tons and 9.5 million metric tons of production. while France maintains its leading position as poultry feed producer with 8.6 million metric tons. The growing production of livestock coupled with increasing feed production will drive the market for feed premix.
Europe Feed Antibiotics Industry Overview
The feed antibiotics market is a consolidated market with few major players like Bayer Health care, Alltech. Inc., Borregaard AS, Boehringer Ingelheim Denmark A / S, and Elanco accounting for the majority of the market share. The companies follow mergers and acquisitions, expansions, investment in R&D are some of the few most adopted strategies by these players in expanding their business.
Europe Feed Antibiotics Market Leaders
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Boehringer Ingelheim Denmark A / S
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Elanco
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Cargill, Incorporated.
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Alltech. Inc
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Borregaard AS
*Disclaimer: Major Players sorted in no particular order
Europe Feed Antibiotics 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 Tetracyclines
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5.1.2 Penicillins
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5.1.3 Sulfonamides
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5.1.4 Macrolides
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5.1.5 Aminoglycosides
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5.1.6 Cephalosporins
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5.1.7 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 Others
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5.3 Geography
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5.3.1 United Kingdom
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5.3.2 Spain
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5.3.3 Italy
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5.3.4 Germany
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5.3.5 France
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5.3.6 Russia
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5.3.7 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 Cargill Incorporated
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6.3.2 BASF SE
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6.3.3 Elanco
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6.3.4 Zeotis
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6.3.5 Borregaard AS
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6.3.6 Boehringer Ingelheim Denmark A / S
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6.3.7 Alltech Inc.
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6.3.8 Eco Animal Health
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19
Europe Feed Antibiotics Industry Segmentation
Antibiotics in livestock are used to treat and prevent disease in the livestock. Despite the increasing concern regarding the antimicrobial resistance in humans due to the use of antibiotics in livestock, meat consumption is increasing every year. This growing demand for meat is increasing production with an increase in the treatment of livestock with antibiotics.
| Type | |
| Tetracyclines | |
| Penicillins | |
| Sulfonamides | |
| Macrolides | |
| Aminoglycosides | |
| Cephalosporins | |
| Others |
| Animal Type | |
| Ruminants | |
| Poultry | |
| Swine | |
| Aquaculture | |
| Others |
| Geography | |
| United Kingdom | |
| Spain | |
| Italy | |
| Germany | |
| France | |
| Russia | |
| Rest of Europe |
Europe Feed Antibiotics Market Research FAQs
What is the current Europe Feed Antibiotics Market size?
The Europe Feed Antibiotics Market is projected to register a CAGR of 2.80% during the forecast period (2024-2029)
Who are the key players in Europe Feed Antibiotics Market?
Boehringer Ingelheim Denmark A / S , Elanco , Cargill, Incorporated., Alltech. Inc and Borregaard AS are the major companies operating in the Europe Feed Antibiotics Market.
What years does this Europe Feed Antibiotics Market cover?
The report covers the Europe Feed Antibiotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Feed Antibiotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Feed Antibiotics Industry Report
Statistics for the 2024 Europe Feed Antibiotics market market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Feed Antibiotics market analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
