Europe Poultry Feed Market Size (2024 - 2029)

The European poultry feed market is experiencing growth driven by the increasing demand for protein-rich feed and the recent regulatory changes allowing the use of processed animal protein in poultry feed. The market's expansion is supported by the competitive pricing of poultry meat, the absence of cultural or religious barriers, and the nutritional benefits it offers. Despite challenges such as avian influenza, poultry feed production has seen a slight increase, influenced by the reopening of the HORECA sector. The focus on sustainable and local ingredients, along with the rise in poultry production, continues to shape the market's dynamics.

Market Size of Europe Poultry Feed Industry

Europe Poultry Feed Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Market Size (2024) USD 30.15 Billion
Market Size (2029) USD 36.55 Billion
CAGR (2024 - 2029) 3.90 %
Market Concentration Low

Major Players

Europe Poultry Feed Market Major Players

*Disclaimer: Major Players sorted in no particular order

Europe Poultry Feed Market Analysis

The Europe Poultry Feed Market size is estimated at USD 30.15 billion in 2024, and is expected to reach USD 36.55 billion by 2029, growing at a CAGR of 3.9% during the forecast period (2024-2029).

  • Europe stands as the world's third-largest producer of poultry meat. The European Union (EU) is a key player in the global poultry meat trade. With a strategy focused on enhancing global consumption and delivering the safest, highest-quality poultry products, the European poultry meat market is poised to see a rise in demand for poultry feed in the region.
  • According to the United States Department of Agriculture (USDA), in 2024, the European Union is set to witness a 1.6% increase in chicken meat consumption, with a 0.5% rise anticipated in 2025. Data reveals that this surge in chicken consumption is closely tied to demographic growth, hinting at a modest increase in per capita consumption. The arrival of 6 million Ukrainian war refugees in Europe, alongside a steady influx of migrants from the southern hemisphere, is poised to amplify chicken meat consumption in the European Union, subsequently benefiting the poultry feed market in the region.
  • According to the USDA, chicken meat remains the preferred animal protein, surpassing the more expensive beef and pork options. Despite rising food inflation and soaring energy costs, chicken meat consumption in the European Union is projected to remain strong. Poland is on track to uphold its status as the EU's top chicken meat producer, accounting for over 22% of the total output. Fueled by domestic and export demands, Poland's chicken meat and poultry feed market is set for expansion owing to falling feed costs and reduced competition from Ukraine.
  • The EU poultry feed market is increasingly adopting innovative formulations to address the dietary needs of poultry birds while prioritizing sustainability. A notable instance is the EU's endorsement of insect meal in poultry diets. By incorporating processed insect protein into poultry rations, nutritionists can adopt more sustainable practices, resulting in eggs and poultry meat with a reduced carbon footprint. Also, this inclusion bolsters self-sufficiency in high-protein feed ingredients.

Europe Poultry Feed Industry Segmentation

Poultry feed refers to the food given to farm poultry, encompassing chickens, ducks, geese, and other domestic birds. To ensure poultry health, it is essential to provide them with a balanced intake of proteins, carbohydrates, essential vitamins, dietary minerals, and an adequate supply of water through their feed.

The report covers the European poultry feed market. It is segmented by animal type (layer, broiler, turkey, and other animal types), ingredients (cereal, oilseed meal, molasses, fish oil and fish meal, supplements (vitamins, amino acids, antibiotics, enzymes, anti-oxidants, acidifiers, probiotics, and prebiotics, and other supplements), and other ingredients), and geography (United Kingdom, Germany, Italy, France, Spain, Russia, and the Rest of Europe). The market size and forecast are provided in terms of value (USD) and volume (metric tons).

Animal Type
Layer
Broiler
Turkey
Other Animal Types
Ingredient
Cereals
Oilseed Meals
Molasses
Fish Oils and Fish Meals
Supplements
Other Ingredients
Geography
United Kingdom
Germany
Italy
France
Spain
Russia
Rest of Europe
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Europe Poultry Feed Market Size Summary

The European poultry feed market is experiencing a steady growth trajectory, driven by the increasing demand for protein-rich feed and the EU's regulatory changes that allow the use of processed animal proteins in poultry feed. The market benefits from the absence of cultural or religious barriers to poultry consumption and the competitive pricing of poultry meat compared to other meats. The reopening of the HORECA sector post-lockdown has also contributed to a slight increase in poultry feed production, despite challenges such as avian influenza. The EU's position as a major poultry meat producer and exporter, coupled with rising meat consumption, is prompting producers to adapt their production trends to meet consumer demands. The market is characterized by a fragmented landscape with numerous regional players, and leading companies are focusing on strategic acquisitions to expand their market presence.

The demand for poultry feed is further bolstered by the resumption of consumption in hotels, restaurants, and institutional outlets, which has increased the demand for imported chicken meat, particularly from Brazil and Thailand. The EU's decision to suspend import quotas and tariffs on Ukrainian products has also positively impacted chicken meat imports. However, the ongoing conflict in Ukraine poses risks to cereal production, which could affect feed supply chains. Despite these challenges, the growing poultry population and intensive production trends are expected to drive market growth. The market's unique characteristics include a mix of large and small players, with companies like Cargill, De Heus, and Danish Agro leading the charge in innovation and expansion efforts.

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Europe Poultry Feed Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Rising Demand for Poultry Products

      2. 1.2.2 Increased Awareness of Animal Nutrition

      3. 1.2.3 Heightened Focus on Sustainability Initiatives

    3. 1.3 Market Restraints

      1. 1.3.1 Local Feed Production Faces Significant Challenges

      2. 1.3.2 Surging Feed Prices Across Europe

    4. 1.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Animal Type

      1. 2.1.1 Layer

      2. 2.1.2 Broiler

      3. 2.1.3 Turkey

      4. 2.1.4 Other Animal Types

    2. 2.2 Ingredient

      1. 2.2.1 Cereals

      2. 2.2.2 Oilseed Meals

      3. 2.2.3 Molasses

      4. 2.2.4 Fish Oils and Fish Meals

      5. 2.2.5 Supplements

      6. 2.2.6 Other Ingredients

    3. 2.3 Geography

      1. 2.3.1 United Kingdom

      2. 2.3.2 Germany

      3. 2.3.3 Italy

      4. 2.3.4 France

      5. 2.3.5 Spain

      6. 2.3.6 Russia

      7. 2.3.7 Rest of Europe

Europe Poultry Feed Market Size FAQs

The Europe Poultry Feed Market size is expected to reach USD 30.15 billion in 2024 and grow at a CAGR of 3.9% to reach USD 36.55 billion by 2029.

In 2024, the Europe Poultry Feed Market size is expected to reach USD 30.15 billion.

Europe Poultry Feed Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)