France Compound Feed Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 16.33 Billion |
| Market Size (2029) | USD 19.31 Billion |
| CAGR (2024 - 2029) | 3.40 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
France Compound Feed Market Analysis
The France Compound Feed Market size is estimated at USD 16.33 billion in 2024, and is expected to reach USD 19.31 billion by 2029, at a CAGR of 3.40% during the forecast period (2024-2029).
- In the European Feed Manufacturers’ Federation (FEFAC), EUROFAC serves as the sole representative of the French feed sector at the European level. It unites three key organizations in France's animal nutrition industry such as Association of Manufacturers of Supplements and Suppliers of Additives and Functional Ingredients for Animal Feed (AFCA-CIAL), La Cooperation Nutrition Animale, and the National Union of the Animal Nutrition Industry (SNIA).
- Several factors are driving market growth, including rising meat prices and increased consumption. The popularity of various animal breeds in France is also on the rise, leading to higher animal exports and, consequently, greater demand for compound feed. Additionally, growing international market demand has boosted both production and exports.
- In 2022, France produced 17.4 million head of beef cattle, 12.7 million heads of swine, and 7.0 million heads of sheep/goats, according to FranceAgriMer, under the authority of the French Ministry for Agriculture, making it the largest beef producer in the European Union. This increase in livestock production is fueling the expansion of the French compound feed market. As a member of The European Feed Manufacturers' Federation (FEFAC), France places significant emphasis on enhancing the feed industry. With a substantial livestock population with significant exports of meat and live animals, the compound feed market in the country is anticipated to grow during the forecast period.
France Compound Feed Market Trends
High Export Potential for Animal-Based Food Products
France's robust livestock sector, advanced farming practices, and commitment to food safety and quality standards fuel its significant export potential for animal-based foods. As one of Europe's top exporters, France leads in dairy, poultry, beef, and processed meat products. The country's dairy industry, responsible for roughly 13% of the European Union's total drinking milk production, plays a pivotal role in driving export growth. In 2023, exports of milk and cream, both concentrated and non-concentrated, generated USD 2.03 billion for France. Notably, products such as cheese, butter, and milk powders stand out, with cheese and curd exports alone with USD 4.2 billion in 2023, as reported by the ITC Trade Map. Furthermore, butter exports from France saw an increase from USD 767.94 million in 2022 to USD 789.43 million in 2023, according to the same source.
Similarly, the poultry sector has witnessed growth in exports, driven by demand for high-quality, hormone-free chicken and processed poultry products. The beef sector has also capitalized on niche markets that value grass-fed and organic beef, aligning with France's reputation for premium animal-based foods. For instance, it was the largest producer of beef meat in the region which exported beef meat worth USD 1.11 billion in 2023 according to the ITC Trade Map. This export growth is a critical driver for the compound feed market in France. Among the feed types, those tailored for dairy cattle and broiler chickens have seen the highest demand, supported by rising exports of milk products and poultry meat. The livestock and poultry industries require high-quality, nutritionally optimized feed to maintain production levels and meet stringent quality standards demanded by international markets which is estimated to continue the demand for compound feed in the coming years.
Poultry is the Largest Animal Type Segment in the Market
The demand for meat is increasing rapidly due to growing awareness of its health benefits. Key factors influencing meat consumption include population growth, urbanization, demographics, income levels, prices, and environmental and health concerns. This trend is boosting the compound feed market. For instance, France is the second-largest producer of milk and sheep and goat meat in Europe, as well as the region's leading producer of beef. According to Eurostat, in 2023, France accounted for 11.5% of the European Union's total poultry meat production. Meat consumption patterns are shifting towards poultry, reflecting lower prices for lower-income consumers and a preference for white meats among higher-income groups, who perceive it as a healthier and more convenient option.
The increasing meat demand can be met by utilizing compound feed in livestock production systems. The composition of compound feed is crucial as it impacts the nutritional content of animal-derived products for human consumption. The compound feed market is evolving as modern methods are being adopted to increase production efficiency in animal husbandry systems. With new technologies and advanced supply chain management strategies, the compound feed industry is experiencing significant growth.
France's animal breeds are highly sought after internationally for meat and related products. According to ITC Trade Map, live animal exports increased from USD 2.55 billion in 2022 to USD 2.62 billion in 2023. Notably, poultry exports rose from USD 285.14 million in 2022 to USD 331.04 million in 2023. The growing consumer appetite for poultry meat is anticipated to drive production in France, positively impacting the compound feed market during the study period.
France Compound Feed Industry Overview
The compound feed market in France is fragmented with a significant number of players. Some of the players have been expanding their geographical presence by acquiring or merging with the manufacturers in the foreign market. Some of the major companies in the studied market are Cargill Inc., Alltech Inc., Avril Group, TERRENA, and ForFarmers.
France Compound Feed Market Leaders
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Cargill Inc.
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Alltech Inc.
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TERRENA
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ForFarmers
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Avril Group
*Disclaimer: Major Players sorted in no particular order
France Compound Feed Market News
- May 2023: France's Agri-business group Avril acquired Axéréal Elevage's animal nutrition business to grow more in the animal nutrition market. Through this merger, the company planned to strengthen its animal feed and nutrition segment and project more success in satisfying market demand.
- December 2023: Auchan collaborated with BioMar, Edpacif, and NGO Earthworm Foundation for the development and commercialization of standard shrimp feed containing 50% soy content and assists in reducing the carbon footprint in shrimp farming.
France Compound Feed Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions & Market definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Higher Export Potential for Animal-Based Food Products
4.2.2 Increasing Initiatives by the Key Players
4.2.3 Supportive Government Policies
4.3 Market Restraints
4.3.1 Increasing Raw Material Price
4.3.2 Growing Shift Towards Vegan-based Diet
4.4 Porter's Five Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Animal Type
5.1.1 Ruminants
5.1.2 Poultry
5.1.3 Swine
5.1.4 Aquaculture
5.1.5 Other Animal Types
5.2 Ingredient
5.2.1 Cereals
5.2.2 Cakes & Meals
5.2.3 By-products
5.2.4 Supplements
5.2.4.1 Acidifiers
5.2.4.2 Amino Acid
5.2.4.3 Enzymes
5.2.4.4 Vitamins
5.2.4.5 Probiotics
5.2.4.6 Prebiotics
5.2.4.7 Others
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Competitor Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Alltech Inc.
6.3.2 Cargill Inc.
6.3.3 Avril Group
6.3.4 ForFarmers.
6.3.5 Nutreco NV
6.3.6 Archer Daniels Midland
6.3.7 TERRENA
6.3.8 Royal Agrifirm Group
6.3.9 BioMar Group
6.3.10 Cooperl
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
France Compound Feed Industry Segmentation
Compound feed is a blend of raw materials and supplements given to livestock. It is derived from plant, animal, organic, inorganic substances, or industrial processing, and may include additives. The France compound feed market is segmented by animal type (ruminants, poultry, swine, aquaculture, and others), ingredients (cereals, cakes, and meals), products, and supplements. The market size is presented in terms of value (USD) and volume (Metric Tons) for all the above-mentioned segments.
| Animal Type | |
| Ruminants | |
| Poultry | |
| Swine | |
| Aquaculture | |
| Other Animal Types |
| Ingredient | |||||||||
| Cereals | |||||||||
| Cakes & Meals | |||||||||
| By-products | |||||||||
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France Compound Feed Market Research Faqs
How big is the France Compound Feed Market?
The France Compound Feed Market size is expected to reach USD 16.33 billion in 2024 and grow at a CAGR of 3.40% to reach USD 19.31 billion by 2029.
What is the current France Compound Feed Market size?
In 2024, the France Compound Feed Market size is expected to reach USD 16.33 billion.
Who are the key players in France Compound Feed Market?
Cargill Inc., Alltech Inc., TERRENA, ForFarmers and Avril Group are the major companies operating in the France Compound Feed Market.
What years does this France Compound Feed Market cover, and what was the market size in 2023?
In 2023, the France Compound Feed Market size was estimated at USD 15.77 billion. The report covers the France Compound Feed Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the France Compound Feed Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
France Compound Feed Industry Report
Statistics for the 2024 France Compound Feed market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. France Compound Feed analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
France Compound Feed Market Report Snapshots
