Europe Feed Minerals Market Size
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 0.90 Billion |
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Market Size (2029) | USD 1.09 Billion |
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Largest Share by Sub Additive | Macrominerals |
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CAGR (2024 - 2029) | 4.01 % |
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Largest Share by Country | Spain |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
Europe Feed Minerals Market Analysis
The Europe Feed Minerals Market size is estimated at 0.90 billion USD in 2024, and is expected to reach 1.09 billion USD by 2029, growing at a CAGR of 4.01% during the forecast period (2024-2029).
0.90 Billion
Market Size in 2024 (USD)
1.09 Billion
Market Size in 2029 (USD)
2.06 %
CAGR (2017-2023)
4.01 %
CAGR (2024-2029)
Largest Market by Sub-Additive
89.37 %
value share, Macrominerals, 2023
Macrominerals is the largest segment as they are essential for improving digestion, providing resistance to diseases, and improving cattle health.
Largest Market by Country
15.96 %
value share, Spain, 2023
Spain is the largest market due to the increased feed production, rising demand for swine meat, improved maintenance of livestock, and the growing livestock population.
Fastest-growing Market by Sub-Additive
4.06 %
Projected CAGR, Microminerals, 2024-2029
Microminerals play a major role in the growth and bone development of animals and improve metabolic functions. Therefore, it is the fastest-growing segment in the market.
Fastest-growing Market by Country
4.81 %
Projected CAGR, United Kingdom, 2024-2029
The United Kingdom is the fastest-growing market as the country experiences increased animal feed production, increased meat demand, and growth in the number of commercial poultry farms.
Leading Market Player
9.40 %
market share, Cargill Inc., 2022
Cargill is the market leader as it has expanded its presence in the European market through the acquisition, partnership, and expansion of manufacturing facilities in Spain.
- Minerals play a crucial role in promoting optimal growth, development, overall health, and disease prevention in livestock. In Europe, the feed additives market for minerals was recently ranked third. In 2022, the market accounted for 10.8% of the total volume of the global market, and it was valued at USD 829.1 million. The increasing demand for animal production and well-established dairy and poultry industries are the key drivers leading to market growth.
- Ruminants are the largest consumers of minerals, accounting for 48% of Europe's feed minerals market in 2022. Minerals are essential to maintain osmotic balance, develop bone growth, reduce muscle contractions, and enhance the nervous system. Poultry and swine follow next, holding market shares of 27.3% and 21.5%, respectively, due to high demand for good-quality poultry meat and red meat.
- Macrominerals represented 9.7% of the European feed additives market in 2022, accounting for a value of USD 741.0 million. Ruminants were the largest consumers of macrominerals, accounting for 50.9% of the total value of the European macrominerals market. Spain held the highest market share, accounting for 16%.
- Microminerals, the fastest-growing sub-segment, is expected to register a CAGR of 4.1% during the forecast period. The value of this sub-segment is expected to grow from USD 88.1 million in 2022 to USD 116.3 million in 2029. In 2022, poultry was the largest consumer of microminerals, accounting for 39.3% of the total market value. Microminerals are involved in cellular metabolism, and they help in the formation of skeletal structures among poultry birds.
- The consumption of meat and meat products and increased awareness about the usage of minerals for promoting animal growth are expected to drive the minerals market, registering a CAGR of 4% during the forecast period.
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- The feed minerals market in Europe is growing steadily, driven by the rising feed production in the region. The market was valued at USD 829.1 million, accounting for 10.8% of the European feed additives market, and is expected to register a CAGR of 4.1% during the forecast period.
- Spain dominates the feed minerals market in Europe, valued at USD 132.1 million in 2022, and it is expected to register a CAGR of 4.2% during the forecast period. Macrominerals are the most-consumed additives in Spain, accounting for 89.7% of Spain's feed minerals market in terms of value in 2022. The swine feed minerals market in Spain is growing at the fastest rate, and it is expected to register a CAGR of 4.7% during 2023-2029 due to the increasing swine headcount.
- Germany is the second-largest market for feed minerals in the region, valued at USD 127.6 million in 2022. Macrominerals held a share of 89.0% of Germany's feed minerals market. Ruminants are the primary consumers of feed minerals in the country, accounting for 59.7% of the market value in 2022.
- The United Kingdom is the fastest-growing country in the region, and it is expected to register a CAGR of 4.8% during the forecast period, followed by Russia with a 4.3% CAGR. The driving factors are the rapidly growing livestock production and feed production. The swine population in Russia increased by 15% between 2017 and 2020. Turkey held the smallest share of the feed minerals market in Europe, valued at USD 32.8 million in 2022. The major restraints are unstable economies and increased operational expenses.
- The increasing use of feed minerals to meet the nutritional needs of animals is expected to drive the feed minerals market in Europe during the forecast period.
Europe Feed Minerals Market Trends
Europe is 3rd largest exporter of poultry meat and broiler meat production accounted for 82.6% of poultry meat production which is expected to drive the demand for poultry production
- Europe is a prominent poultry meat producer and exporter. The region accounted for an estimated annual poultry meat production volume of approximately 13.4 million metric tons in 2021. Despite being the second-most consumed meat in the region (26.9 kg per capita per year), poultry production in Europe has not been able to keep up with the rising global demand. The largest poultry meat producers in the European region include Poland (accounting for 19.2% of the production volume or 2.5 million metric tons), France (12.5% of the production volume or 1.6 million metric tons), Spain (12.3% of the production volume), Germany (12% of the production volume), and Italy (10.4% of the production volume).
- Within the European Union, broiler meat production constituted the majority (82.6%) of the total poultry meat production in 2021, followed by duck meat (3.3%). Europe's poultry flock number was approximately 2.45 billion birds in 2021, with Russia, France, the Netherlands, Ukraine, Poland, and the United Kingdom collectively comprising more than 50% of the total European poultry population. The number of hens in Europe is rising due to increased egg consumption, which rose to 6,135 thousand metric tons in 2021 from 5,864 metric tons in 2017.
- As the fourth-largest importer and third-largest exporter of poultry meat, Europe is a significant participant in the global poultry meat market. In 2021, the European Union exported roughly 2,252 thousand metric tons (carcass weight) of poultry meat to a variety of countries, including the United Kingdom, Ghana, and Ukraine. Overall, the rising production of poultry birds, increasing demand for poultry products, and the growing consumption of eggs are expected to be the key drivers of market growth in the European region.
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High demand for fish feed which accounted for 82% and surge in seafood imports had a negative impact on compound feed for aquaculture
- In 2022, Europe accounted for 8% of the global aquaculture compound feed production, registering a production volume of 4.5 million metric tons. The production of compound feed witnessed a notable increase of 15% during 2018-2022, driven by the rising demand for nutrient-balanced feed to reduce the risk of diseases and improve feed efficiency. However, aquaculture feed production observed a decline of 21.2% in 2018, which may have been influenced by the surge in seafood imports and the relatively lower prices of imported seafood. These factors impacted the compound feed market in 2018.
- The major aquafeed producers in the European region are Turkey, the United Kingdom, the Netherlands, Spain, Italy, and France. The region produced 17.4 million metric tons of aquaculture feed in 2021, recording a growth of 1.7% compared to 2018. This growth was attributed to the rise in population and per capita consumption of seafood, thereby driving aquaculture production in the region. This, in turn, is propelling the demand for compound feed, which is expected to increase by 18.2% during the forecast period (2023-2029).
- Fish feed dominates aquafeed production. It accounted for 82% of the total market share in 2022, followed by shrimp feed and feed for other aquatic species, accounting for shares of 4.3% and 13.7%, respectively. Fish feed is the most widely consumed aquatic food across the region. It is produced in high volumes compared to feed for other aquatic species. The expanding aquaculture sector, driven by the rising demand for seafood and aquaculture products, and the growing awareness about quality meat are the major factors that are augmenting the growth of the market studied.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Europe's diary sector is witnessing growth and beef meat is the third largest meat consumed in the region which is contributing to the growth of ruminants population
- Avian influenza outbreak and Russia- Ukraine war had negative impact on feed production but growth in poultry population has increased the demand for poultry feed
- African swine fever (ASF) epidemic in the eastern EU countries and high cost of grains had a negative impact during 2020-2021 and increasing swine population will increase the demand for producing swine feed
- Spain's pig population was 24.3% of the Europe's pig population and government support in Hungary for rearing is further helping in increasing the demand for swine
- Government funding and lower financial risks are helping in increasing the production of ruminants feed but animal welfare policies and increasing utility costs are restrains for region
Europe Feed Minerals Industry Overview
The Europe Feed Minerals Market is moderately consolidated, with the top five companies occupying 42.02%. The major players in this market are Archer Daniel Midland Co., BASF SE, Cargill Inc., SHV (Nutreco NV) and Yara International ASA (sorted alphabetically).
Europe Feed Minerals Market Leaders
Archer Daniel Midland Co.
BASF SE
Cargill Inc.
SHV (Nutreco NV)
Yara International ASA
Other important companies include Adisseo, Alltech, Inc., Kemin Industries, MIAVIT Stefan Niemeyer GmbH, Novus International, Inc..
*Disclaimer: Major Players sorted in alphabetical order.
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Europe Feed Minerals Market News
- January 2023: Novus International acquired the Biotech company Agrivida to develop new feed additives.
- July 2022: Cargill has extended its partnership with Innovafeed to provide aquafarmers with innovative and nutritious ingredients, including additives.
- December 2021: Nutreco acquired Nutrimin, a Danish producer of farm minerals. This acquisition will increase the company's value by complementing Nutrimin's trusted quality, service, and personal attention with Nutreco's creative, ecologically sensitive, and cost-effective species solutions.
Free with this Report
We provide a complimentary and exhaustive set of data points on regional and country-level metrics that present the fundamental structure of the industry. Presented in the form of 35+ free charts, the section covers difficult-to-find data of various regions on feed production through various animal categories such as Ruminants, Poultry, Swine, and Aquaculture.
Europe Feed Minerals Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Animal Headcount
2.1.1. Poultry
2.1.2. Ruminants
2.1.3. Swine
2.2. Feed Production
2.2.1. Aquaculture
2.2.2. Poultry
2.2.3. Ruminants
2.2.4. Swine
2.3. Regulatory Framework
2.3.1. France
2.3.2. Germany
2.3.3. Italy
2.3.4. Netherlands
2.3.5. Russia
2.3.6. Spain
2.3.7. Turkey
2.3.8. United Kingdom
2.4. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
3.1. Sub Additive
3.1.1. Macrominerals
3.1.2. Microminerals
3.2. Animal
3.2.1. Aquaculture
3.2.1.1. By Sub Animal
3.2.1.1.1. Fish
3.2.1.1.2. Shrimp
3.2.1.1.3. Other Aquaculture Species
3.2.2. Poultry
3.2.2.1. By Sub Animal
3.2.2.1.1. Broiler
3.2.2.1.2. Layer
3.2.2.1.3. Other Poultry Birds
3.2.3. Ruminants
3.2.3.1. By Sub Animal
3.2.3.1.1. Beef Cattle
3.2.3.1.2. Dairy Cattle
3.2.3.1.3. Other Ruminants
3.2.4. Swine
3.2.5. Other Animals
3.3. Country
3.3.1. France
3.3.2. Germany
3.3.3. Italy
3.3.4. Netherlands
3.3.5. Russia
3.3.6. Spain
3.3.7. Turkey
3.3.8. United Kingdom
3.3.9. Rest of Europe
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments).
4.4.1. Adisseo
4.4.2. Alltech, Inc.
4.4.3. Archer Daniel Midland Co.
4.4.4. BASF SE
4.4.5. Cargill Inc.
4.4.6. Kemin Industries
4.4.7. MIAVIT Stefan Niemeyer GmbH
4.4.8. Novus International, Inc.
4.4.9. SHV (Nutreco NV)
4.4.10. Yara International ASA
5. KEY STRATEGIC QUESTIONS FOR FEED ADDITIVE CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Global Market Size and DROs
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- POPULATION OF POULTRY, NUMBER, EUROPE, 2017-2022
- Figure 2:
- POPULATION OF RUMINANTS, NUMBER, EUROPE, 2017-2022
- Figure 3:
- POPULATION OF SWINE, NUMBER, EUROPE, 2017-2022
- Figure 4:
- PRODUCTION VOLUME OF AQUACULTURE FEED, METRIC TON, EUROPE, 2017-2022
- Figure 5:
- PRODUCTION VOLUME OF POULTRY FEED, METRIC TON, EUROPE, 2017-2022
- Figure 6:
- PRODUCTION VOLUME OF RUMINANTS FEED, METRIC TON, EUROPE, 2017-2022
- Figure 7:
- PRODUCTION VOLUME OF SWINE FEED, METRIC TON, EUROPE, 2017-2022
- Figure 8:
- VOLUME OF FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 9:
- VALUE OF FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 10:
- VOLUME OF FEED MINERALS BY SUB ADDITIVE CATEGORIES, METRIC TON, EUROPE, 2017 - 2029
- Figure 11:
- VALUE OF FEED MINERALS BY SUB ADDITIVE CATEGORIES, USD, EUROPE, 2017 - 2029
- Figure 12:
- VOLUME SHARE OF FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2017,2023 AND 2029
- Figure 13:
- VALUE SHARE OF FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2017,2023 AND 2029
- Figure 14:
- VOLUME OF MACROMINERALS FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 15:
- VALUE OF MACROMINERALS FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 16:
- VALUE SHARE OF MACROMINERALS FEED MINERALS BY ANIMAL TYPE, %, EUROPE, 2022 AND 2029
- Figure 17:
- VOLUME OF MICROMINERALS FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 18:
- VALUE OF MICROMINERALS FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 19:
- VALUE SHARE OF MICROMINERALS FEED MINERALS BY ANIMAL TYPE, %, EUROPE, 2022 AND 2029
- Figure 20:
- VOLUME OF FEED MINERALS BY ANIMAL TYPE, METRIC TON, EUROPE, 2017 - 2029
- Figure 21:
- VALUE OF FEED MINERALS BY ANIMAL TYPE, USD, EUROPE, 2017 - 2029
- Figure 22:
- VOLUME SHARE OF FEED MINERALS BY ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 23:
- VALUE SHARE OF FEED MINERALS BY ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 24:
- VOLUME OF AQUACULTURE FEED MINERALS BY SUB ANIMAL TYPE, METRIC TON, EUROPE, 2017 - 2029
- Figure 25:
- VALUE OF AQUACULTURE FEED MINERALS BY SUB ANIMAL TYPE, USD, EUROPE, 2017 - 2029
- Figure 26:
- VOLUME SHARE OF AQUACULTURE FEED MINERALS BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 27:
- VALUE SHARE OF AQUACULTURE FEED MINERALS BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 28:
- VOLUME OF FISH FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 29:
- VALUE OF FISH FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 30:
- VALUE SHARE OF FISH FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 31:
- VOLUME OF SHRIMP FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 32:
- VALUE OF SHRIMP FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 33:
- VALUE SHARE OF SHRIMP FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 34:
- VOLUME OF OTHER AQUACULTURE SPECIES FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 35:
- VALUE OF OTHER AQUACULTURE SPECIES FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 36:
- VALUE SHARE OF OTHER AQUACULTURE SPECIES FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 37:
- VOLUME OF POULTRY FEED MINERALS BY SUB ANIMAL TYPE, METRIC TON, EUROPE, 2017 - 2029
- Figure 38:
- VALUE OF POULTRY FEED MINERALS BY SUB ANIMAL TYPE, USD, EUROPE, 2017 - 2029
- Figure 39:
- VOLUME SHARE OF POULTRY FEED MINERALS BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 40:
- VALUE SHARE OF POULTRY FEED MINERALS BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 41:
- VOLUME OF BROILER FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 42:
- VALUE OF BROILER FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 43:
- VALUE SHARE OF BROILER FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 44:
- VOLUME OF LAYER FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 45:
- VALUE OF LAYER FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 46:
- VALUE SHARE OF LAYER FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 47:
- VOLUME OF OTHER POULTRY BIRDS FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 48:
- VALUE OF OTHER POULTRY BIRDS FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 49:
- VALUE SHARE OF OTHER POULTRY BIRDS FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 50:
- VOLUME OF RUMINANTS FEED MINERALS BY SUB ANIMAL TYPE, METRIC TON, EUROPE, 2017 - 2029
- Figure 51:
- VALUE OF RUMINANTS FEED MINERALS BY SUB ANIMAL TYPE, USD, EUROPE, 2017 - 2029
- Figure 52:
- VOLUME SHARE OF RUMINANTS FEED MINERALS BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 53:
- VALUE SHARE OF RUMINANTS FEED MINERALS BY SUB ANIMAL TYPE, %, EUROPE, 2017,2023 AND 2029
- Figure 54:
- VOLUME OF BEEF CATTLE FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 55:
- VALUE OF BEEF CATTLE FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 56:
- VALUE SHARE OF BEEF CATTLE FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 57:
- VOLUME OF DAIRY CATTLE FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 58:
- VALUE OF DAIRY CATTLE FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 59:
- VALUE SHARE OF DAIRY CATTLE FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 60:
- VOLUME OF OTHER RUMINANTS FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 61:
- VALUE OF OTHER RUMINANTS FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 62:
- VALUE SHARE OF OTHER RUMINANTS FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 63:
- VOLUME OF SWINE FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 64:
- VALUE OF SWINE FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 65:
- VALUE SHARE OF SWINE FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 66:
- VOLUME OF OTHER ANIMALS FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 67:
- VALUE OF OTHER ANIMALS FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 68:
- VALUE SHARE OF OTHER ANIMALS FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 69:
- VOLUME OF FEED MINERALS BY COUNTRY, METRIC TON, EUROPE, 2017 - 2029
- Figure 70:
- VALUE OF FEED MINERALS BY COUNTRY, USD, EUROPE, 2017 - 2029
- Figure 71:
- VOLUME SHARE OF FEED MINERALS BY COUNTRY, %, EUROPE, 2017,2023 AND 2029
- Figure 72:
- VALUE SHARE OF FEED MINERALS BY COUNTRY, %, EUROPE, 2017,2023 AND 2029
- Figure 73:
- VOLUME OF FRANCE FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 74:
- VALUE OF FRANCE FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 75:
- VALUE SHARE OF FRANCE FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 76:
- VOLUME OF GERMANY FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 77:
- VALUE OF GERMANY FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 78:
- VALUE SHARE OF GERMANY FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 79:
- VOLUME OF ITALY FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 80:
- VALUE OF ITALY FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 81:
- VALUE SHARE OF ITALY FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 82:
- VOLUME OF NETHERLANDS FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 83:
- VALUE OF NETHERLANDS FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 84:
- VALUE SHARE OF NETHERLANDS FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 85:
- VOLUME OF RUSSIA FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 86:
- VALUE OF RUSSIA FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 87:
- VALUE SHARE OF RUSSIA FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 88:
- VOLUME OF SPAIN FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 89:
- VALUE OF SPAIN FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 90:
- VALUE SHARE OF SPAIN FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 91:
- VOLUME OF TURKEY FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 92:
- VALUE OF TURKEY FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 93:
- VALUE SHARE OF TURKEY FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 94:
- VOLUME OF UNITED KINGDOM FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 95:
- VALUE OF UNITED KINGDOM FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 96:
- VALUE SHARE OF UNITED KINGDOM FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 97:
- VOLUME OF REST OF EUROPE FEED MINERALS, METRIC TON, EUROPE, 2017 - 2029
- Figure 98:
- VALUE OF REST OF EUROPE FEED MINERALS, USD, EUROPE, 2017 - 2029
- Figure 99:
- VALUE SHARE OF REST OF EUROPE FEED MINERALS BY SUB ADDITIVE CATEGORIES, %, EUROPE, 2022 AND 2029
- Figure 100:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, EUROPE, 2017 - 2023
- Figure 101:
- MOST ADOPTED STRATEGIES, COUNT, EUROPE, 2017 - 2023
- Figure 102:
- VALUE SHARE OF MAJOR PLAYERS, %, EUROPE, 2022
Europe Feed Minerals Industry Segmentation
Macrominerals, Microminerals are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. France, Germany, Italy, Netherlands, Russia, Spain, Turkey, United Kingdom are covered as segments by Country.
- Minerals play a crucial role in promoting optimal growth, development, overall health, and disease prevention in livestock. In Europe, the feed additives market for minerals was recently ranked third. In 2022, the market accounted for 10.8% of the total volume of the global market, and it was valued at USD 829.1 million. The increasing demand for animal production and well-established dairy and poultry industries are the key drivers leading to market growth.
- Ruminants are the largest consumers of minerals, accounting for 48% of Europe's feed minerals market in 2022. Minerals are essential to maintain osmotic balance, develop bone growth, reduce muscle contractions, and enhance the nervous system. Poultry and swine follow next, holding market shares of 27.3% and 21.5%, respectively, due to high demand for good-quality poultry meat and red meat.
- Macrominerals represented 9.7% of the European feed additives market in 2022, accounting for a value of USD 741.0 million. Ruminants were the largest consumers of macrominerals, accounting for 50.9% of the total value of the European macrominerals market. Spain held the highest market share, accounting for 16%.
- Microminerals, the fastest-growing sub-segment, is expected to register a CAGR of 4.1% during the forecast period. The value of this sub-segment is expected to grow from USD 88.1 million in 2022 to USD 116.3 million in 2029. In 2022, poultry was the largest consumer of microminerals, accounting for 39.3% of the total market value. Microminerals are involved in cellular metabolism, and they help in the formation of skeletal structures among poultry birds.
- The consumption of meat and meat products and increased awareness about the usage of minerals for promoting animal growth are expected to drive the minerals market, registering a CAGR of 4% during the forecast period.
| Sub Additive | |
| Macrominerals | |
| Microminerals |
| Animal | |||||||
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| Swine | |||||||
| Other Animals |
| Country | |
| France | |
| Germany | |
| Italy | |
| Netherlands | |
| Russia | |
| Spain | |
| Turkey | |
| United Kingdom | |
| Rest of Europe |
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Market Definition
- FUNCTIONS - For the study, feed additives are considered to be commercially manufactured products that are used to enhance characteristics such as weight gain, feed conversion ratio, and feed intake when fed in appropriate proportions.
- RESELLERS - Companies engaged in reselling feed additives without value addition have been excluded from the market scope, to avoid double counting.
- END CONSUMERS - Compound feed manufacturers are considered to be end-consumers in the market studied. The scope excludes farmers buying feed additives to be used directly as supplements or premixes.
- INTERNAL COMPANY CONSUMPTION - Companies engaged in the production of compound feed as well as the manufacturing of feed additives are part of the study. However, while estimating the market sizes, the internal consumption of feed additives by such companies has been excluded.
| Keyword | Definition |
|---|---|
| Feed additives | Feed additives are products used in animal nutrition for purposes of improving the quality of feed and the quality of food from animal origin, or to improve the animals’ performance and health. |
| Probiotics | Probiotics are microorganisms introduced into the body for their beneficial qualities. (It maintains or restores beneficial bacteria to the gut). |
| Antibiotics | Antibiotic is a drug that is specifically used to inhibit the growth of bacteria. |
| Prebiotics | A non-digestible food ingredient that promotes the growth of beneficial microorganisms in the intestines. |
| Antioxidants | Antioxidants are compounds that inhibit oxidation, a chemical reaction that produces free radicals. |
| Phytogenics | Phytogenics are a group of natural and non-antibiotic growth promoters derived from herbs, spices, essential oils, and oleoresins. |
| Vitamins | Vitamins are organic compounds, which are required for normal growth and maintenance of the body. |
| Metabolism | A chemical process that occurs within a living organism in order to maintain life. |
| Amino acids | Amino acids are the building blocks of proteins and play an important role in metabolic pathways. |
| Enzymes | Enzyme is a substance that acts as a catalyst to bring about a specific biochemical reaction. |
| Anti-microbial resistance | The ability of a microorganism to resist the effects of an antimicrobial agent. |
| Anti-microbial | Destroying or inhibiting the growth of microorganisms. |
| Osmotic balance | It is a process of maintaining salt and water balance across membranes within the body's fluids. |
| Bacteriocin | Bacteriocins are the toxins produced by bacteria to inhibit the growth of similar or closely related bacterial strains. |
| Biohydrogenation | It is a process that occurs in the rumen of an animal in which bacteria convert unsaturated fatty acids (USFA) to saturated fatty acids (SFA). |
| Oxidative rancidity | It is a reaction of fatty acids with oxygen, which generally causes unpleasant odors in animals. To prevent these, antioxidants were added. |
| Mycotoxicosis | Any condition or disease caused by fungal toxins, mainly due to contamination of animal feed with mycotoxins. |
| Mycotoxins | Mycotoxins are toxin compounds that are naturally produced by certain types of molds (fungi). |
| Feed Probiotics | Microbial feed supplements positively affect gastrointestinal microbial balance. |
| Probiotic yeast | Feed yeast (single-cell fungi) and other fungi used as probiotics. |
| Feed enzymes | They are used to supplement digestive enzymes in an animal’s stomach to break down food. Enzymes also ensure that meat and egg production is improved. |
| Mycotoxin detoxifiers | They are used to prevent fungal growth and to stop any harmful mold from being absorbed in the gut and blood. |
| Feed antibiotics | They are used both for the prevention and treatment of diseases but also for rapid growth and development. |
| Feed antioxidants | They are used to protect the deterioration of other feed nutrients in the feed such as fats, vitamins, pigments, and flavoring agents, thus providing nutrient security to the animals. |
| Feed phytogenics | Phytogenics are natural substances, added to livestock feed to promote growth, aid in digestion, and act as anti-microbial agents. |
| Feed vitamins | They are used to maintain the normal physiological function and normal growth and development of animals. |
| Feed flavors and sweetners | These flavors and sweeteners help to mask tastes and odors during changes in additives or medications and make them ideal for animal diets undergoing transition. |
| Feed acidifiers | Animal feed acidifiers are organic acids incorporated into the feed for nutritional or preservative purposes. Acidifiers enhance congestion and microbiological balance in the alimentary and digestive tracts of livestock. |
| Feed minerals | Feed minerals play an important role in the regular dietary requirements of animal feed. |
| Feed binders | Feed binders are the binding agents used in the manufacture of safe animal feed products. It enhances the taste of food and prolongs the storage period of the feed. |
| Key Terms | Abbreviation |
| LSDV | Lumpy Skin Disease Virus |
| ASF | African Swine Fever |
| GPA | Growth Promoter Antibiotics |
| NSP | Non-Starch Polysaccharides |
| PUFA | Polyunsaturated Fatty Acid |
| Afs | Aflatoxins |
| AGP | Antibiotic Growth Promoters |
| FAO | The Food And Agriculture Organization of the United Nations |
| USDA | The United States Department of Agriculture |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: IDENTIFY KEY VARIABLES: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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