Germany Compound Feed Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 15.77 Billion |
| Market Size (2029) | USD 18.37 Billion |
| CAGR (2024 - 2029) | 3.10 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Germany Compound Feed Market Analysis
The Germany Compound Feed Market size is estimated at USD 15.77 billion in 2024, and is expected to reach USD 18.37 billion by 2029, growing at a CAGR of 3.10% during the forecast period (2024-2029).
- The demand for red meat in Germany's compound feed sector is growing with the popularity of meat and meat products. It is quickly increasing, owing to consumer preferences for a protein-rich diet and lower meat prices in the country. The low prices of meat drive consumers' spending power in the meat industry. The growing demand for animal products and processed meat has allowed feed makers to boost animal productivity.
- According to the Federal Agency for Agriculture and Food, Germany produced 8.47 million metric tons of meat in 2021, down by 1.6% (142,000 metric tons) from 2020. On the other hand, poultry meat production decreased by 1.7% to 1.64 million metric tons owing to the rising largest bird flu epidemic observed in the European Union countries, including Germany. As per Eurostat, over 2,467 outbreaks were reported in poultry in 2021, resulting in the slaughter of 48 million domestic birds in 37 countries, and in Germany, 2.3 million birds were destroyed in 2021. The rising awareness of the bird vaccination program to eradicate bird flu is expected to boost the growth of meat consumption and compound feed requirement in the poultry houses in the country during the coming years.
- Germany is known as the European Union's largest dairy producer, yet it has undergone rapid and far-reaching structural changes in recent decades. Germany witnessed a vigorous consolidation process in which the number of farms has fallen significantly, the remaining farms have grown, and overall milk output has increased due to increasing milk production per cow. German dairy farmers also had to contend with rising production costs.
- According to the Federal Agricultural Information Center (BZL), 281 companies harvested 22.9 million metric tons of compound feed in 2022 (23.9 million metric tons in the previous year). The pig feed category occupied the largest compound feed production with 9.1 million metric tons, followed by cattle feed with 6.5 million tons.
Germany Compound Feed Market Trends
Growing Consumer Preference Towards Meat and Other Animal Products
- The consumption of meat has been rising steadily across the world. The increasing population, urbanization, demographics, incomes, prices, and environmental and health concerns are key factors that influence the level and type of meat consumption. This is enhancing the demand for the compound feed market in the country. Livestock farmers need to produce high-quality and hygienic meat to satisfy the demand for the meat processing industry, which is a big challenge.
- According to the Food and Agriculture Organization (FAO), a total of 5.12 million pigs, cattle, ships, goats, and horses were slaughtered in 2022, and the number of chickens, turkeys, and ducks was observed at 701.4 million.
- According to the Federal Agency for Agriculture and Food (BLE ), Germany produced 8.47 million metric tons of meat in 2020, and poultry meat production reached approximately 1.64 million metric tons. The degrees of supply of the different meat subsectors stand at 125% in the case of pig meat, 94.6% in beef, and 97.2% for poultry meat. In the country, with regard to poultry meat, in the same time interval, an increase of 6 kg (+ 83%) was observed, reaching the figure of 13.3 kg per capita.
- The German meat processing industry has seen a rise in enterprise numbers in recent years. Among meat-eaters, whether they go to the meat counter in their local supermarket or a butcher, it is common to have very particular preferences on where to buy meat and what to buy, especially with increasing consumer awareness about manufacturing methods behind the products. As an industry in Germany, meat processing and preserving are expected to increase revenues significantly. However, compared to selected European countries, such as France, Italy, Spain, and the United Kingdom, Germany currently has the highest per capita meat consumption.
Cereal Ingredients Dominates the Compound Feed Market
- Cereals are the most common and widely used ingredient in compound feed worldwide. Corn, barley, and sorghum are the most common cereal ingredients used in manufacturing compound feed. The cultivation of Maize in Germany is undertaken primarily to produce feed for cows, pigs, and poultry (maize for silage including green maize, grain maize, corn cob mix, and coarse maize meal with husks). According to Food and Agriculture Organization (FAO), poultry stocks in Germany were 176.6 million birds in 2020.
- Corn is the most widely consumed feed grain, accounting for more than 50% of the total production and use, with major feed applications in the poultry industry. Corn as a feed ingredient in compound feed can increase egg production in poultry. This, in turn, stimulated the demand for corn as a feed ingredient in the country. The regular price fluctuations of various kinds of cereal owing to the difference in production in varied geographical regions substantially hamper the use of cereals in compound feed. However, due to their cost-effectiveness, cereal by-products are gaining traction across feed manufacturers.
- In the 2022 marketing year, 20.9 million metric ton of grains were used for animal feed in Germany (-16%), of which about 6.6 million ton was wheat and 5.1 million ton was barley and corn. Almost 23% of grain consumption in Germany was used for food production (+3%). In comparison, around 18% (-1%) went into energy and industrial uses, which will escalate the use of cereals in the animal feed industry in the coming years.
Germany Compound Feed Industry Overview
The German compound feed market is consolidated, with a few prominent players holding most of the market share. ForFarmers, Cargill Inc, Trouw Nutrition Deutschland GmbH, Alltech Inc., and Royal Agrifirm Group are the prominent players in the market studied. As per the key developments observed during the review period, mergers and acquisitions and product launches are the most adopted strategies by the dominant players in the market. The leading companies focus on acquiring feed mills and small manufacturing units to expand their business in local and foreign markets. Moreover, the key players invest heavily in R&D to launch innovative products according to the customer's needs. These dominant players have also been expanding their businesses by adopting various strategies, such as expansions, partnerships, and product innovations.
Germany Compound Feed Market Leaders
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ForFarmers
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Cargill Inc.
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Alltech Inc.
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Trouw Nutrition Deutschland GmbH
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Royal Agrifirm Group
*Disclaimer: Major Players sorted in no particular order
Germany Compound Feed Market News
- November 2022: BASF expanded the production capacity of feed enzyme plants in Ludwigshafen, Germany. The expansion of the existing plant enables BASF to meet the growing global demand from customers for a reliable, high-quality supply of the BASF feed enzymes Natuphos E (phytase), Natugrain TS (xylanase and glucanase), and the recently launched Natupulse TS (mannanase).
- May 2021: ForFarmers launched ForFaser product, a new fiber-containing feed component for pigs. The approx. 5 mm large pellets mainly consist of molasses shreds, soybean hulls, wheat bran, and oat bran and have a crude fiber content of over 20 percent.
Germany 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
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitutes
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 Vitamins
5.2.4.2 Amino Acid
5.2.4.3 Enzymes
5.2.4.4 Prebiotics and Probiotics
5.2.4.5 Acidifiers
5.2.4.6 Other Supplements
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Cargill Inc.
6.3.2 Alltech Inc.
6.3.3 Trouw Nutrition Deutschland GmbH
6.3.4 Royal Agrifirm Group
6.3.5 ForFarmer
6.3.6 Land O Lakes Purina
6.3.7 Archer Daniels Midland
6.3.8 Neovia Group
6.3.9 Charoen Pokphand Foods PCL
6.3.10 Nutreco NV
6.3.11 Kent Feeds
6.3.12 Nuscience Group
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Germany Compound Feed Industry Segmentation
Compound feed is a mixture of raw materials and supplements fed to the livestock, sourced from either plant, animal, organic or inorganic substances or industrial processing, whether or not containing additives.
The Germany compound feed market is segmented by animal type into ruminants, poultry, swine, aquaculture, and other animal types, and ingredient into cereals, cakes and meals, by-products, and supplements.
The report offers market estimation and forecasts in value (USD) and volume (metric ton) for the above-mentioned segments.
| Animal Type | |
| Ruminants | |
| Poultry | |
| Swine | |
| Aquaculture | |
| Other Animal Types |
| Ingredient | ||||||||
| Cereals | ||||||||
| Cakes & Meals | ||||||||
| By-Products | ||||||||
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Germany Compound Feed Market Research FAQs
How big is the Germany Compound Feed Market?
The Germany Compound Feed Market size is expected to reach USD 15.77 billion in 2024 and grow at a CAGR of 3.10% to reach USD 18.37 billion by 2029.
What is the current Germany Compound Feed Market size?
In 2024, the Germany Compound Feed Market size is expected to reach USD 15.77 billion.
Who are the key players in Germany Compound Feed Market?
ForFarmers, Cargill Inc., Alltech Inc., Trouw Nutrition Deutschland GmbH and Royal Agrifirm Group are the major companies operating in the Germany Compound Feed Market.
What years does this Germany Compound Feed Market cover, and what was the market size in 2023?
In 2023, the Germany Compound Feed Market size was estimated at USD 15.30 billion. The report covers the Germany Compound Feed Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Compound Feed Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Germany Compound Feed Industry Report
The Germany Compound Feed Market is experiencing significant market growth, driven by various factors including the diverse needs of different animal types such as ruminants, poultry, swine, and aquaculture. The market analysis highlights the importance of cereals, cakes and meals, by-products, and supplements as key ingredients in the compound feed industry.
The industry analysis provides a comprehensive industry overview, detailing the market size and market share. The industry reports offer valuable insights into the market trends and the market forecast, projecting the market outlook for the coming years. The market report includes critical industry information and industry statistics, which are essential for understanding the market dynamics.
Market leaders in the Germany compound feed sector are focusing on market segmentation to cater to the specific needs of different animal types. The market review and market predictions indicate a positive market value and growth rate, suggesting a promising future for the industry.
Research companies have contributed to the industry research by providing detailed market data and industry sales figures. The industry outlook and market overview are crucial for stakeholders to make informed decisions. The report example and report PDF are available for those seeking a deeper understanding of the market.
Overall, the Germany Compound Feed Market is poised for continued growth, supported by robust market research and comprehensive industry reports that offer a detailed analysis of the market trends and market forecast.
