Europe, Middle East, And Africa Animal Feed Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Fodder & Forage, Compound Feed), By Livestock (Pork, Aquatic Animals, Cattle, Poultry, Others), By Raw Materials (Soya, Corn, Others), And By Country - Forecasts From 2022 To 2027

The European, Middle East, and African animal feed market is projected to grow at a CAGR of 2.83%, from US$85,511.982 million in 2020 to US$100,853.013 million in 2027.

With regard to Europe, the most significant reductions in dairy cows were reported in Germany, France, and Italy in 2018 and 2019. The factor that is common across the European region is dry weather conditions during the summer of 2018. Throughout 2019, the Dutch dairy cow herd recovered from the cuts in 2018. 

In 2018 and 2019, imported cereals and derivatives supported milk production led to a further expansion of the herd, despite the last two dry summers. The beef cow herd also shrank significantly in France, the United Kingdom, and Ireland. Nevertheless, in Spain, Italy, Poland, Lithuania, Latvia, Bulgaria, and Hungary, the beef cow herd is growing, due to increasing domestic demand. Furthermore, while total beef consumption is on the decline in the EU, demand for high-quality beef continues to grow. The food service industry in Germany, Italy, Spain, and Poland reported an increase in demand for premium beef. Exports of beef from the EU rose in 2019, owing to the output and stock growth in 2017.

Favourable Government Subsidies

Besides, the spread of African Swine Fever (ASF) in China since the summer of 2018 has boosted demand for EU pork and, in turn, demand for piglets for fattening. Based on the optimal market conditions for the swine breeding sector in 2019, the EU sow herd expanded by 216,000 head.

Concerning Turkey, the number of cattle in Turkey is estimated to grow 1.2% in 2020 to 18.1 million animals due to favorable government subsidies and continuing feeder cattle imports, albeit at a lower volume. Turkey produced 1 MMT of beef in 2019, which is similar to 2018. Feed is the major cost for Turkish livestock operations, accounting for almost 60 % of the total production cost (Source: USDA). Both forage output for animals and seed production for feed crops are insufficient in Turkey.

The largest challenge for producers during the winter is locating qualified dry pasture. Owing to the lack of adequate amounts of grassland for high-quality imported cattle to graze, cattle farmers must feed their animals with mixed artificial feed, which is dependent on imports. Although this may be reckoned as a favourable condition for animal feed in this part, Turkey’s Biosafety Law and slow approval process for genetically engineered (GE) feed varieties impact imports and may cause restraint in the feed market.

Meat consumption in the Middle East and African region

With regards to the Kingdom of Saudi Arabia, chicken meat production in 2019 was estimated at 730,000 MT and is projected to increase to 750,000 MT in 2020. Chicken meat consumption during 2019 was estimated at 1.33 MMT and is forecasted to reach 1.38 MMT in 2020 [Source: FAO and USDA]. Thus, considering various regions and the production and consumption tendencies, the livestock farming sector, albeit facing certain fluctuations, is poised to drive the demand for animal feed, leading to Europe, the Middle East, and Africa Animal feed market.

Key developments in the market:

• In October 2021, BASF Animal Nutrition and BASF SE's subsidiary trinamiX teamed up to launch Mobile NIR (Near Infrared) Spectroscopy solution for the feed industry. The mobile NIR solution offerings provide reliable and swift on-site analysis for animal feed and ingredients. The partnership integrates the former's exhaustive knowledge of animal nutrition with the latter's proficiency in portable NIR technology to launch robust offerings, enabling the consumers to receive insights into the nutritional value and quality of the samples at the click of a button.
• In June 2022, Cargill announced the extension of its partnership with Innovafeed from three years to ten years to develop innovative and healthy offers to aquatic farmers. Through this partnership, the duo aims to develop an aquafeed using insects to help the aquatic farmers raise sustainable seafood. In order to scale up the usage of insect ingredients in various types of animal feed, the partnership combines Innovafeed's experience in creating authentic insect ingredients with Cargill's global animal nutrition capabilities.
• In March 2019, UAE-based developer of leading animal feed Agrivita, Agathia Group, launched a new program. The "Riaya Farm Program" is designed to give farm owners specific assistance to assure the best nutrition for their livestock, helping them to increase production and yields. The innovative approach will be directly overseen by animal nutritionists and other animal care specialists who will closely monitor the growth and wellbeing of the cattle to guarantee optimal nutrition and growth.

Europe, Middle East, And Africa Animal Feed Market Scope:

Segmentation

• By Type
  • Fodder & Forage
  • Compound Feed
• By Livestock
  • Pork
  • Aquatic Animals
  • Cattle
  • Poultry
  • Others
• By Raw Material
  • Soya
  • Corn
  • Others
• By Country
  • Germany
  • Spain
  • The United Kingdom
  • Italy
  • The Netherlands
  • Ireland
  • Turkey
  • Saudi Arabia
  • Russia
  • Poland
  • Ukraine
  • Others

Cargill, Incorporated

Purina Animal Nutrition (Land O’Lakes)

New Hope Group

Archer Daniels Midland

BASF SE

De Heus

Alltech

Novus International

Nutreco

Royal DSM N.V.