The German feed additives market was valued at US$0.567 billion in 2021.
Although many factors contribute to the feed additive market growth in this region, the influential German market and developed economy are major driving factors. German players are highly focused on innovation and product extension as they spend more on research and development. Moreover, the German dairy industry is rapidly expanding with increasing consumption which, in turn, enhances the German feed additive market growth. Today, in addition to this, favorable policies like easy trade among EU nations and agricultural subsidies significantly contribute to the feed additive market growth. However, strict government regulations do restrain the market growth.
This research study examines the German feed additives market based on various segments: product type, and livestock. First, a brief overview of the market details key driving factors and challenges. Next, Porter's five forces model comprehensively analyzes Germany’s feed additives industry. This is followed by industry value chain analysis which determines the companies which are part of the different processes and contributing to various sectors.
The study also presents in-depth information concerning the development, trends, and industry policies and regulations affecting the German feed additives market. Moreover, the research study analyzes the overall regulatory framework of Germany’s feed additives sector, offering stakeholders a better understanding of the key factors influencing the overall market environment.
Germany feed additives market – Forecasts from 2023 to 2028 are a comprehensive and latest report. It provides vital market information to executives and interested stakeholders to enable them to get vital market information. The report also analyzes the competitive landscape and details strategies of key market players and also plots them on our vendor matrix in four quadrants: leader, follower, challenger, and niche.
The scope and coverage of the German feed additives market report are as below:
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Market Size Value in 2021 | US$0.567 billion |
| Growth Rate | CAGR during the forecast period |
| Base Year | 2021 |
| Forecast Period | 2023 – 2028 |
| Forecast Unit (Value) | USD Billion |
| Segments Covered | Product Type and Livestock |
| Companies Covered | Cargill Incorporated, BASF SE, Novozymes, Chr. Hansen, Evonik Industries, Archer Daniels Midland Company, Alltech Inc, Elanco Animal Health, DSM Nutritional Products AG |
| Customization Scope | Free report customization with purchase |
Different segments covered under the German feed additives market report are as below: