Europe Corn and Wheat-Based Feed Market Forecast to 2030 - Regional Analysis - by Product Type and Livestock (Poultry, Ruminants, Swine, Aquaculture, and Others)

Description

List of Tables

The Europe corn and wheat-based feed market was valued at US$ 38,024.96 million in 2022 and is expected to reach US$ 52,727.64 million by 2030; it is estimated to register a CAGR of 4.2% from 2022 to 2030.

Growth of Aquaculture Industry Feed Drive Europe Corn and Wheat-Based Feed Market

The fishery industry is expanding due to changing cultural preferences, improving aquaculture production, and rising demand for fish and seafood. Fish has a high protein content and low cholesterol; therefore, the demand for fish and fish-related products has increased across the globe. Thus, aquaculture production has surged to cater to the increasing demand. As per the FAO, global aquaculture production of animal species grew by 2.7% in 2020 compared with 2019.

World Aquaculture Production, 1091-2020

With growing aquaculture, the demand for aquafeed is increasing. Fish meal is the major feed used in the aquaculture segment. Corn gluten meal has recently been used as a plant-based alternative to fishmeal. Corn gluten meal contains a high protein and low fiber content with low anti-nutritional factors (ANF). They are rich in minerals, vitamin B, and vitamin E. Corn gluten meal in shrimp feed significantly enhances digestibility and energy.

Moreover, with the rising sustainability concern, aquaculture farmers are significantly replacing animal-sourced feed with plant-sourced feed. Thus, the demand for wheat and corn-based feed is increasing due to their high quality and nutritional performance. Roquette Freres, a key market player in the Europe corn and wheat-based feed market, offers wheat-based feed for aquaculture. Thus, the growth of aquaculture is expected to create massive opportunities in the Europe corn and wheat-based feed market across the world in the coming years.

Europe Corn and Wheat-Based Feed Market Overview

Europe has a huge livestock population, in November/December 2022, there were 134 million pigs, 75 million bovine animals, 59 million sheep, and 11 million goats in the region. The presence of livestock population along with the increasing awareness of benefits of corn and wheat in animal feed is surging the market growth in the region. Wheat is used in the diets of ruminants as an energy source. It is a high-energy ingredient in concentrates. Wheat bran is an important source of minerals (such as zinc, selenium, iodine, potassium) and vitamins (such as thiamine, B6, folate, vitamin E, and carotenoids), which are important elements in the animal feed for strengthening the immune system. Additionally, policy measures and government initiatives also play a crucial role in driving the demand for feed grains in Europe. The Common Agricultural Policy (CAP) of the European Union (EU) provides subsidies and incentives to support agricultural production, including livestock farming. These subsidies often influence farmers' decisions regarding crop choices and production practices. Additionally, EU regulations on animal welfare, such as restrictions on using certain feed additives and antibiotics, may influence the composition of animal feed formulations. Corn and wheat-based feed are produced without the use of extensive additives and thus, comply with EU regulations. This factor contributes to the market growth in the region.

Europe Corn and Wheat-Based Feed Market Revenue and Forecast to 2030 (US$ Million)

Europe Corn and Wheat-Based Feed Market Segmentation

The Europe corn and wheat-based feed market is categorized into product type, livestock, and country.

Based on product type, the Europe corn and wheat-based feed market is bifurcated corn-based and wheat-based. The corn-based segment held a larger market share in 2022. The corn-based segment is further sub segmented into corn gluten meal, corn gluten feed, and other corn-based feed. The wheat-based segment is further sub segmented into wheat gluten, wheat bran, and other wheat-based feed.

In terms of livestock, the Europe corn and wheat-based feed market is categorized into poultry, ruminants, swine, aquaculture, and others. The poultry segment held the largest market share in 2022 .

By country, the Europe corn and wheat-based feed market is segmented into Germany, France, Italy, the UK, Spain, and the Rest of Europe. The Rest of Europe dominated the Europe corn and wheat-based feed market share in 2022.

Agrana Beteiligungs AG, Archer Daniels Midland Company, Associated British Foods Plc, BENEO GmbH, International Nutritionals Ltd, Interstarch Ukraine LLC, Jungbunzlauer Suisse AG, and Roquette Freres SA are some of the leading companies operating in the Europe corn and wheat-based feed market.

Product Code: BMIRE00030672

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Market Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions

4. Europe Corn and Wheat-Based Feed Market Landscape

4.1 Market Overview
4.2 Porter's Analysis Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturing Process
- 4.3.3 Distributors or Suppliers
- 4.3.4 End User
- 4.3.5 List of Vendors in the Value Chain

5. Europe Corn and Wheat-Based Feed Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increase in Livestock Production
- 5.1.2 Benefits of Corn and Wheat in Animal Feed
5.2 Market Restraints
- 5.2.1 Challenges Related to Corn and Wheat Production
5.3 Market Opportunities
- 5.3.1 Growth of Aquaculture Industry
5.4 Future Trends
- 5.4.1 Rising Preference for Organic Feed
5.5 Impact of Drivers and Restraints:

6. Corn and Wheat-Based Feed Market - Europe Analysis

6.1 Europe Corn and Wheat-Based Feed Market Revenue (US$ Million), 2020-2030
6.2 Europe Corn and Wheat-Based Feed Market Forecast Analysis

7. Europe Corn and Wheat-Based Feed Market Analysis - by Product Type

7.1 Corn-Based
- 7.1.1 Overview
- 7.1.2 Corn-Based: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.1.3 Corn Gluten Meal
  - 7.1.3.1 Overview
  - 7.1.3.2 Corn Gluten Meal: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.1.4 Corn Gluten Feed
  - 7.1.4.1 Overview
  - 7.1.4.2 Corn Gluten Feed: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.1.5 Other Corn-Based Feed
  - 7.1.5.1 Overview
  - 7.1.5.2 Other Corn-Based Feed: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
7.2 Wheat-Based
- 7.2.1 Overview
- 7.2.2 Wheat-Based: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.2.3 Wheat Gluten
  - 7.2.3.1 Overview
  - 7.2.3.2 Wheat Gluten: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.2.4 Wheat Bran
  - 7.2.4.1 Overview
  - 7.2.4.2 Wheat Bran: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
- 7.2.5 Other Wheat-Based Feed
  - 7.2.5.1 Overview
  - 7.2.5.2 Other Wheat-Based Feed: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)

8. Europe Corn and Wheat-Based Feed Market Analysis - by Livestock

8.1 Poultry
- 8.1.1 Overview
- 8.1.2 Poultry: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
8.2 Ruminants
- 8.2.1 Overview
- 8.2.2 Ruminants: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
8.3 Swine
- 8.3.1 Overview
- 8.3.2 Swine: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Aquaculture
- 8.4.1 Overview
- 8.4.2 Aquaculture: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
8.5 Others
- 8.5.1 Overview
- 8.5.2 Others: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)

9. Europe Corn and Wheat-Based Feed Market - Country Analysis

9.1 Europe
- 9.1.1 Europe Corn and Wheat-Based Feed Market Breakdown, by Key Countries, 2022 and 2030 (%)
  - 9.1.1.1 Europe Corn and Wheat-Based Feed Market - Revenue and Forecast Analysis - by Country
  - 9.1.1.2 Germany: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.1.2.1 Germany: Europe Corn and Wheat-Based Feed Market Breakdown, by Product Type
    - 9.1.1.2.2 Germany: Europe Corn and Wheat-Based Feed Market Breakdown, by Livestock
  - 9.1.1.3 France: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.1.3.1 France: Europe Corn and Wheat-Based Feed Market Breakdown, by Product Type
    - 9.1.1.3.2 France: Europe Corn and Wheat-Based Feed Market Breakdown, by Livestock
  - 9.1.1.4 Italy: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.1.4.1 Italy: Europe Corn and Wheat-Based Feed Market Breakdown, by Product Type
    - 9.1.1.4.2 Italy: Europe Corn and Wheat-Based Feed Market Breakdown, by Livestock
  - 9.1.1.5 UK: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.1.5.1 UK: Europe Corn and Wheat-Based Feed Market Breakdown, by Product Type
    - 9.1.1.5.2 UK: Europe Corn and Wheat-Based Feed Market Breakdown, by Livestock
  - 9.1.1.6 Spain: Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.1.6.1 Spain: Europe Corn and Wheat-Based Feed Market Breakdown, by Product Type
    - 9.1.1.6.2 Spain: Europe Corn and Wheat-Based Feed Market Breakdown, by Livestock
  - 9.1.1.7 Rest of Europe Corn and Wheat-Based Feed Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.1.7.1 Rest of Europe Corn and Wheat-Based Feed Market Breakdown, by Product Type
    - 9.1.1.7.2 Rest of Europe Corn and Wheat-Based Feed Market Breakdown, by Livestock

10. Competitive Landscape

10.1 Heat Map Analysis by Key Players
10.2 Company Positioning & Concentration

11. Company Profiles

11.1 Associated British Foods Plc
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 Jungbunzlauer Suisse AG
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Roquette Freres SA
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 BENEO GmbH
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
11.5 International Nutritionals Ltd
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
11.6 Interstarch Ukraine LLC
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
11.7 Agrana Beteiligungs AG
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
11.8 Archer Daniels Midland Company
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments

12. Appendix

12.1 About The Insight Partners