The Europe Poultry Feed Market is likely to witness around 5% CAGR in the forecast period, i.e., 2021-26, says MarkNtel Advisors. The market growth is prominently attributed to the surging demand for eggs, poultry meat, & animal proteins, coupled with the burgeoning population.
The research report "Europe Poultry Feed Market Analysis, 2021" further cites that the rising health awareness regarding protein consumption, surging demand for low-cost feed, and mounting inclination of people towards white meat are also likely to fuel the overall market growth in the forecast period.
Key Questions Answered in the Study
Pellets Accounted for the Largest Share of Europe Poultry Feed Market
Based on Form, the Europe Poultry Feed Market bifurcates into Pellets, Crumbles, and Mash. Of these three, Pellets acquired the largest market share in the previous few years. Poultry animals include chicken, turkey, goose, and ducks. Many of these, raised for their meat & eggs, are fed with Pellets, as they are easy to digest, have greater nutrition density, and provide higher economic benefits. Hence, the incessant requirements for Pellets lead them to attain the largest market share.
“Europe Poultry Feed Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Poultry Feed providers across Europe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.
Poland to Witness Significant Growth Rate During the Forecast Period
Of all countries, the Europe Poultry Feed Market is likely to witness its fastest growth in Poland during the forecast period. The factor leading to the increased feed production in Poland is a significant increase in broiler meat production in the country, primarily due to export. Further, snowballing demand for meat & eggs in the country constantly contributes to the overall market growth, reveals MarkNtel Advisors in their research report, “Europe Poultry Feed Market Analysis, 2021.”
According to MarkNtel Advisors, the leading industry players in the Europe Poultry Feed Market are Archer Daniel Midland Co., AG Chemi Group, Cargill Inc., Alltech, Evonik Industries AG, Trouw Nutrition, Novozyme + DSM Nutritional Products, Du Pont, BASF, Others (Nusana).