Animal Feed market in Europe is expected to grow from US$ 98,934.86 Million in 2018 to US$ 1, 35,038.39 Million by 2027; it is estimated to grow at a CAGR of 3.4% from 2018 to 2027
European continent comprises several developed nations, including Germany, France, United Kingdom, and Italy, among others. The European animal feed market is primarily being driven by the growing demands for innovative animal feed products. Considering the increase in animal farming as well as growth in the animal feed industry, the region is witnessing ample opportunities for the animal feed market players such as Archer Daniels Midland Co, Cargill Inc., Charoen Pokphand Foods Plc, Evonik Industries AG, ForFarmers N.V., and others. In Europe, animal growers incur huge expenditures on the purchase of high-quality animal feed, accessories, and care products for their farming animals and pets.
Some of the companies competing in the Europe Animal Feed Market are
- Archer Daniel Midland Co.
- Cargill Inc.
- Charoen Pokphand Foods PLC
- Kester, Evonik Industries AG
- Forfarmers NV
- Land o’lakes Inc
- New hope group Co. Ltd.
- Nutreco NV
- Perdue Farms
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EUROPE ANIMAL FEED MARKET SEGMENTATION
- Rest of Europe
In terms of type, the rotary Animal Feed segment accounted for a larger share of the SAM Animal Feed market in 2019. In terms of technology, the magnetic segment held the largest share of the Animal Feed market in 2019. Further, the consumer electronics segment held the largest share of the market based on end-user in 2019.
What questions does the Europe Animal Feed Market report answer about the regional reach of the industry
- How do the sales figures look at present How does the sales scenario look for the future
- Considering the present scenario, how much revenue will each region attain by the end of the forecast period
- How much is the market share that each of these regions has accumulated presently
- How much is the growth rate that each topography will depict over the predicted timeline
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