Press Release

Germany Animal Feed Market to Reach $ 23 Billion by 2025: TechSci Research

Increasing awareness about contribution of animal feed in improving diets of farm animals and expanding livestock population is leading to higher demand for animal feed in Germany.


According to TechSci Research report, “Germany Animal Feed Market By Type, By Region, Competition, Forecast & Opportunities, 2025”, Germany animal feed market was valued at around $ 19 billion in 2019 and is forecast to cross $ 23 billion by 2025 due to increasing demand for chicken, beef and other meat products, resulting in driving the livestock population in Germany.  Other major factor behind the growth of animal feed market in Germany is increasing awareness about contribution of animal feed in improving the diets of farm animals. Also, the rising human population and increasing demand for chicken, beef and other meat products will continue to drive the livestock population in Germany, and this trend would continue to increase consumption of animal feed in the country.

Browse more than 14 market data Figures spread through 70 Pages and an in-depth TOC on" Germany Animal Feed Market"

 

Germany animal feed market is segmented based on Type, Region and Company. Based on type, the market is categorized into Swine Feed, Poultry Feed, Cattle feed, Milk Replaces and Other (Dogs & cats). Swine Feed dominated the market and is expected to remain the leading product segment during the forecast period due to high population of pigs in Germany. Moreover, growing concerns about the quality of meat have influenced farmers to maintain a better-quality feed for their pigs. Swine feed is rich in fiber content, vitamins, and minerals and thus very important to maintain a healthy pork. Furthermore, increasing awareness regarding the nutrition of pork among consumers is impacting pig farmers to use high-quality swine feed to provide adequate nutrition to pigs.

By region, the market is segmented into four regions - North East, North West, South East, and South West. North-West region is expected to hold the largest market share in 2019 and likely to maintain its dominance throughout the forecast period, due to the high population of livestock throughout the region. Deutsche Tiernahrung Cremer, Nestle (Purina-Pet Feed), ForFarmers HaGe Kiel, Bröring, Agravis Raiffeisen AG, GS Agri, Fleming & Wendeln, Rothkötter, Mars, etc., are some of the leading players operating in Germany animal feed market.  

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“Germany Animal Feed market is growing at a steady rate due to increasing demand for quality meat products, which in turn leads to adoption of good quality animal feed in the industry. Further, rising industrial livestock production is creating higher demand for animal feed in the country, and this trend is anticipated to prevail through 2025.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Germany Animal Feed Market By Type, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of Germany animal feed market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Germany animal feed market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

 

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