European Ruminant Feed Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.10 % |
| Market Concentration | Low |
Major Playerslogo.webp)
*Disclaimer: Major Players sorted in no particular order |
European Ruminant Feed Market Analysis
The Europe ruminant feed market is projected to grow at a CAGR rate of 3.1% during the forecast period. Growing demand from the beef meat and dairy industries are the prime drivers of the market. Europe is a mature market for ruminant feed, in terms of consumption. In the region, the ruminant feed has been using as productivity enhancers in livestock. Therefore, the regional market is modern and highly regulated, especially in Western Europe.
European Ruminant Feed Market Trends
This section covers the major market trends shaping the European Ruminant Feed Market according to our research experts:
Demand from Livestock Industries Drives the Market
European countries are some of the leading meat and dairy consuming regions in the world. The per capita meat consumption of Europe was recorded as 65.3 Kg in 2018 climbing to 65.8 Kg in 2019. Increasing consumption of meat and dairy has been directly boosting cattle farming in the country. According to FAO, the total number of cattle present in Europe was 119.3 million in 2018. The vast cattle farming industries which require feed in huge quantities have been driving the ruminant feed market in Europe.
Germany and France Dominates the Market
One of the major drivers for rising ruminant feed consumption in the German livestock industry is increasing cattle production. The ruminant population has reached around 23 million heads in Germany and about 10.14 million metric tons of compound feed has been consumed in 2018. Ruminant feed plays an important role in the French livestock production sector, and its use is highly regulated under both domestic and EU legislation. France is one of the leading livestock producers in the European Union accounting for a 19% share in overall beef production, in 2016. Such high ruminant production output and regulatory concerns are increasing the demand for healthy feed, in the French ruminant industry.
European Ruminant Feed Industry Overview
Europe Ruminant Feed Market is fragmented with many regional and global players. Expansion of business operations to many regions is the key strategy followed by the players to increase their revenue along with new product launches, mergers, and expansions. Alltech Inc, Nutreco Nv, Cargill Inc, and DM animal nutrition are some of the key players in the region.
European Ruminant Feed Market Leaders
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Cargil.Inc.
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Nutreco N.V.
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Alltech
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ForFarmers
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ADM Animal Nutrition
*Disclaimer: Major Players sorted in no particular order
European Ruminant Feed Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 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 Threat of New Entrants
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4.4.2 Bargaining Power of Consumers
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4.4.3 Bargaining Power of Suppliers
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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 Animal Type
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5.1.1 Dairy Cattle
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5.1.2 Beef Cattle
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5.1.3 Other Animal Types
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5.2 Ingredient Type
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5.2.1 Cereals
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5.2.2 Cakes and Meals
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5.2.3 Others
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5.3 Geography
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5.3.1 Spain
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5.3.2 Germany
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5.3.3 France
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5.3.4 Russia
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5.3.5 United Kingdom
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5.3.6 Rest of Europe
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted 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 Nutreco NV
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6.3.2 Novus International
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6.3.3 Kemin Industries, Inc.
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6.3.4 Cargill, Incorporated.
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6.3.5 Allied Nutrition
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6.3.6 Alltech, Inc.
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6.3.7 BASF SE
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6.3.8 Elanco
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6.3.9 ForFarmers
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6.3.10 ADM Animal Nutrition
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19
European Ruminant Feed Industry Segmentation
The ruminant feed is used by the livestock industries such as dairy and beef production farms. The Europe ruminant feed market report presents an extensive analysis of market size in various European countries including the competitive environment and future opportunities in the industry. The market is segmented by animal type, Ingredient type, and geography.
| Animal Type | |
| Dairy Cattle | |
| Beef Cattle | |
| Other Animal Types |
| Ingredient Type | |
| Cereals | |
| Cakes and Meals | |
| Others |
| Geography | |
| Spain | |
| Germany | |
| France | |
| Russia | |
| United Kingdom | |
| Rest of Europe |
European Ruminant Feed Market Research FAQs
What is the current Europe Ruminant Feed Market size?
The Europe Ruminant Feed Market is projected to register a CAGR of 3.10% during the forecast period (2024-2029)
Who are the key players in Europe Ruminant Feed Market?
Cargil.Inc., Nutreco N.V., Alltech , ForFarmers and ADM Animal Nutrition are the major companies operating in the Europe Ruminant Feed Market.
What years does this Europe Ruminant Feed Market cover?
The report covers the Europe Ruminant Feed Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Ruminant Feed Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Ruminant Feed Industry Report
Statistics for the 2024 Europe Ruminant Feed market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Ruminant Feed analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
