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Germany Compound Feed Market - Trends and Forecasts (2017 - 2022)

Germany is one of the major compound feed markets in Europe. Increased consumption of raw meat and processed meat, and rising health consciousness among consumers, are driving the demand for compound feed in the country. The German economy grew at a consistent CAGR of 1.3%, reaching a total GDP of EUR 2,903,220 million in 2014. The total animal output decreased slightly, from EUR 25,334 million in 2013 to about EUR 24,975.2 million in 2014. This reduction did not reflect in the total income derived, which showed a rise of about 2.3% from EUR 17,622 million in 2013 to about EUR 18,032.2 million in 2014. Swine feed is the biggest segment in the German compound feed industry. Manufacturers are focused on increasing production to cater to the domestic as well as European market. Germany is also the largest market in Europe for organic and naturally derived products, and the second largest in the world. Such products are viewed as a status symbol and as signs of conscious consumerism, a key driver for the sales in the region. Highly industrialized, German culture has also contributed to the growth of phytogenics, filling the supply void created by the ban on antibiotics as growth promoters. The market has witnessed a significant drop after the 2002 Nitrofen scandal, leading to an increase in ingredient regulation. It recorded a revenue of USD 13,000 million in 2014 and is expected to grow at a CAGR of 3.2% during the period (2017 - 2022). This report is the most informative writing available on the German feed market. The global market scenario is explained in detail. Germany's market is segmented by animal type into ruminant, swine, aqua and poultry feed, with information on market size and growth forecasts up to 2020 for each of these sub-segments. Twenty of the most prominent global players are profiled in the report, along with an elaborate list of local feed companies based out of Germany. Key Deliverables in the Study Market analysis for the German compound food market, with region specific assessments and competition analysis on a global and regional scale. Market definition along with the identification of key drivers and restraints. Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and key companies that can influence this market on a global and regional scale. An extensively researched competitive landscape section with profiles of major companies, along with their market share. Identification and analysis of the macro and micro factors that affect the German compound food market on a global and regional scale. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. Wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market. Insights on the major countries/regions where this industry is blooming, and identification of regions that are still untapped.

Published By: Mordor Intelligence
Published Date: Q2 2016

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