Spain is Estimated to be the Largest Market with 21.55% of the European Swine Feed Market

Date: 2015-08-09

“The European swine feed market is projected to grow at a CAGR of 4.3% from 2014 to 2019.
Many developed countries are in Europe; being developed, these countries consume more meat products than the developing countries. Higher per capita meat consumption is an indicator of development. The European meat consumption trend is due to cultural habit of eating meat and consideration of meat as better alternative for supplementing all amino acids.

The report is an extensive study of the European swine feed market and its types as starters, pig growers, and sows. The report also focuses on the type of ingredients used in swine feed, which include antibiotics, amino acids, and feed enzymes & feed acidifiers.

Spain is estimated to be the largest market in Europe, with 21.55% of the European swine feed market in 2014. The major swine feed producers have been targeting the German and French market, which are significant following Spain. These two countries account for 24.36% the European swine feeds market. The U.K. and France are estimated grow at higher CAGRs than their European counterparts.

Every small- and large-scale player wants to acquire a major share of the growing swine feed market in the world. This highly fragmented European swine feed market’s largest share is accounted for by Nutreco N.V. (The Netherlands). The other companies that are present in the European market are Archer Daniels Midland Company (U.S.), Cranswick PLC (U.K.), Chareon Pokphand Foods (Thailand), and ABF PLC (U.K.).

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