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.
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 Revenue and Forecast to 2028 (US$ Million)
Europe Poultry Feed Market Segmentation
Europe Poultry Feed Market – By Poultry Type
- Broilers
- Layers
- Turkeys
- Others
Europe Poultry Feed Market – By Form
- Pellets
- Crumbles
- Mashed
- Others
Europe Poultry Feed Market – By Category
- Organic
- Conventional
Europe Poultry Feed Market– By Country
- Germany
- France
- UK
- Italy
- Russia
- Rest of Europe
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 Market Strategic Insights
Europe Poultry FeedMarket Report Highlights
| Report Attribute | Details |
| Market size in 2021 | US$ 26,168.26 Million |
| Market Size by 2028 | US$ 31,874.91 Million |
| CAGR (2021 - 2028) | 2.9% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Poultry Type
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Regions and Countries Covered
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| Europe | UK, Germany, France, Russia, Italy, Rest of Europe |
| Market leaders and key company profiles |
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Europe Poultry Feed Market Country and Regional Insights
