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Market Research Report

Germany Feed Additives Market - Growth, Trends and Forecasts (2020 - 2025)

Published by Mordor Intelligence LLP Product code 946673
Published Content info 120 Pages
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Germany Feed Additives Market - Growth, Trends and Forecasts (2020 - 2025)
Published: June 1, 2020 Content info: 120 Pages
Description

The feed additives market in Germany is projected to register a CAGR of 5.1% during the forecast period. With many leading compound feed manufacturers based in the country, the demand for feed additives is increasing. Furthermore, there is a rising focus on innovations and product line expansions in the industry. Amino acids account for the largest share, whereas prebiotics and probiotics are registering the highest growth rates, in accordance with the global trends.

Key Market Trends

Growth In Compound Feed Industry

According to the United States Department of Agriculture, In Germany, livestock accounts for nearly 60% of the revenue in agriculture. Probiotic feed additives are attracting the German consumers, due to their health benefits, such as enhancement of digestibility, while boosting immunity. According to USDA, In comparison to that of 2015, meat consumption in 2017 declined due to the rising awareness regarding environmental damage caused by animal agriculture. The European livestock feed industry is likely to face a possible shortage of vitamins A and E, due to the ban on BASF's manufacturing plant in Germany, since 2017. Thus, the country is witnessing extreme price volatility, especially for vitamin feed components, as BASF supplied about 40% of the global supply of Citral, a critical precursor for the production of vitamins A and E. This is expected to hamper the growth of the European vitamins feed industry. In 2014, Germany started a move to restrict the usage of antibiotics in farm animals. In the same year, amendments were made to the German Drug Act, which primarily aimed at gradually reducing the usage of antibiotics in livestock farming. In addition, there are new regulations in the country, which are allowing the relevant authorities to check the frequency of usage of antibiotics in farm animals. Due to such restrictions, growers are pressurized to shift to feed ingredients, which is driving the demand for feed probiotics in the country. Furthermore, this is expected to limit the market for antibiotics used in compound feed.

Increasing Demand For High Value Animal Protein

There has been increasing pressure on the livestock industry, to meet the growing demand for meat and high-value animal protein. Population growth, rising incomes in developing nations, and urbanization have led to a surge in global livestock production. The level of income and consumption of animal protein is directly related to the consumption of milk, meat, and eggs, which are increasing at the expense of staple foods. Due to the decline in prices of meat and meat products, developing countries are beginning to consume a large quantity of meat, at a much lower level of the gross domestic product than industrialized countries did two to three decades back. Urbanization has led to increased demand for meat and milk products in cities compared to the rural areas. Cities have varied diets, rich in animal protein and fat. Demand for the high-quality compound feed from the livestock industry, due to increased industrial production of meat and dairy products has elicited the growth in consumption of compound feed and feed additives. The raw materials used for compound feed production, such as maize, barley, soybean, are used for human consumption and production of ethanol. In this scenario, the feed industry competes with the food industry for raw materials.

Competitive Landscape

The feed additives market in Germany is largely consolidated, with various international companies occupying major chunks of the market for various feed additive types. Local companies account for minor shares in the market and only one or two companies have a higher share in the UK market for a particular additive type. International companies, like Cargill, Adisseo, and Prinova, occupy major shares in the market for amino acids, probiotics, vitamins, antioxidants, and mycotoxin detoxifiers.

Reasons to Purchase this report:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Table of Contents
Product Code: 54103

Table of Contents

1 INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 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 Porters Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

  • 5.1 Additive Type
    • 5.1.1 Antibiotics
    • 5.1.2 Vitamins
    • 5.1.3 Antioxidants
    • 5.1.4 Amino Acids
    • 5.1.5 Enzymes
    • 5.1.6 Mycotoxin Detoxifiers
    • 5.1.7 Prebiotics
    • 5.1.8 Probiotics
    • 5.1.9 Flavors and Sweeteners
    • 5.1.10 Pigments
    • 5.1.11 Binders
    • 5.1.12 Minerals
  • 5.2 Animal Type
    • 5.2.1 Ruminants
    • 5.2.2 Swine
    • 5.2.3 Poultry
    • 5.2.4 Other Animal Types

6 COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 Pfizer Animal Health
    • 6.3.2 Nutriad International
    • 6.3.3 BASF SE
    • 6.3.4 Novozymes A/S.
    • 6.3.5 Archer Daniels Midland Co.
    • 6.3.6 Cargill Inc.
    • 6.3.7 DSM Nutritional Products Inc.
    • 6.3.8 BioMin
    • 6.3.9 Evonik Industries AG
    • 6.3.10 InVivo NSA S.A.
    • 6.3.11 Barentz Group
    • 6.3.12 Novus International Inc.
    • 6.3.13 Nutreco N.V.
    • 6.3.14 Azelis Animal Nutrition
    • 6.3.15 Borregaard LingoTech
    • 6.3.16 Dupont Danisco

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

8 IMPACT OF COVID-19

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