Europe Poultry Feed Market Trends, Size, Segment and Growth by Forecast to 2030

The poultry feed market in Europe is expected
to grow from US$ 26,168.26 million in 2021 to US$ 31,874.91 million by 2028; it
is estimated to grow at a CAGR of 2.9% from 2021 to 2028.

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The poultry sector is registering a continual rise across
the region. An increase in poultry production is mainly attributed to the
rising demand for poultry meat and eggs. Poultry is regarded as one of the most
cost-effective protein sources due to which the demand for poultry products,
such as eggs and meat, continues to rise. There is a surge in chicken
consumption among people who are more concerned about their health. The
increasing youth population is expected to lead to an increase in poultry production
and consumption with their modern consumption habits. As per the FAO, poultry
meat represented about 39% of global meat production in 2019. Global egg
production has surged by 150% in the last three decades. The surge in the
poultry production has led to an increase in the use of quality poultry feed
products. For poultry growth, production, and health, providing proper
nutrition is essential. Feed consumption is a vital prerequisite for flocks to
reach their full potential of development and productivity. Due to
aforementioned factors, the demand for poultry feed has increased
significantly, reporting a rise in the Europe
poultry feed market.

The imposition of COVID-19 restrictions negatively impacted
the poultry feed market in Europe. According to the European Compound Feed
Manufacturers' Federation (FEFAC), EU poultry feed production fell 2.7% in 2020
because the COVID-19 pandemic affected consumer demand for animal-origin
products. Moreover, the avian influenza outbreaks in several parts of Europe
added difficulties to the poultry sector. However, chicken meat has begun
gaining preference among consumers with the ease of restrictions in response to
the improving situation of the ongoing pandemic. This is likely to gradually
drive the growth in consumption and production of chicken meat in the coming
years, which would subsequently offer growth opportunities for the poultry feed
market during the forecast period.

Europe Poultry Feed Market-Companies Mentioned

• ADM


• Alltech.


• Cargill,
  Incorporated.


• Charoen
  Pokphand Foods PCL


• De
  Heus Animal Nutrition.


• ForFarmers


• Kent
  Corporation


• SHV
  Holdings  

Europe Poultry Feed Strategic Insights

Strategic insights for the Europe Poultry Feed provides
data-driven analysis of the industry landscape, including current trends, key
players, and regional nuances. These insights offer actionable recommendations,
enabling readers to differentiate themselves from competitors by identifying
untapped segments or developing unique value propositions. Leveraging data
analytics, these insights help industry players anticipate the market shifts,
whether investors, manufacturers, or other stakeholders. A future-oriented
perspective is essential, helping stakeholders anticipate market shifts and
position themselves for long-term success in this dynamic region. Ultimately,
effective strategic insights empower readers to make informed decisions that
drive profitability and achieve their business objectives within the market.

Europe Poultry Feed Regional Insights

The geographic scope of the Europe Poultry Feed refers to
the specific areas in which a business operates and competes. Understanding
local distinctions, such as diverse consumer preferences (e.g., demand for
specific plug types or battery backup durations), varying economic conditions,
and regulatory environments, is crucial for tailoring strategies to specific
markets. Businesses can expand their reach by identifying underserved areas or
adapting their offerings to meet local demands. A clear market focus allows for
more effective resource allocation, targeted marketing campaigns, and better
positioning against local competitors, ultimately driving growth in those
targeted areas.

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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights