Europe Cattle Feed Market is Expected to Reach $1,146.9 Million in 2018 – New Report by MicroMarket Monitor
The Europe Cattle Feed & Feed Additive Market report defines and segments the cattle feed and feed additive market in Europe with analysis and forecast of revenue. http://www.micromarketmonitor.com/market/europe-cattle-feed-7083044504.html
(PRWEB) August 07, 2014
The Europe Cattle Feed & Feed Additive Market report defines and segments the cattle feed and feed additive market in Europe with analysis and forecast of revenue. The cattle feed market in this region is estimated to grow from $24,341.8 million in 2013 to $31,929.1 million in 2018 at a CAGR of 5.6% from 2013 to 2018. The feed additive market will grow from $865.2 million in 2013 to $1,146.9 million by 2018, at a CAGR of 5.8% from 2013 to 2018.
Browse through the TOC of the Europe Cattle Feed & Feed Additive Market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.
The use of cattle feed and feed additives is steadily growing in Europe. The prime factor that drives the demand for cattle feed and feed additives in the region is their capacity to enhance the weight gain and nourish cattle with a rich protein diet. This results in improved meat quality and increased milk yield from cattle. The cattle feed market is governed by the European Federation of the Animal Feed Additive Manufacturers (FEFANA) and the European Feed Manufacturers Association (FEFAC). Germany, the U.K., France, Spain, and Italy together accounted for more than 50% of the total European market in 2012.
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Germany and France are the leading consumers of cattle feed and feed additives in the region with the share of around 17.0% and 16.0%, respectively, of the total revenue generated by the European market in 2013. Dairy covers the maximum market share of cattle feed and antibiotics cover the maximum share of cattle feed additives in Europe region.
This market is segmented and forecasted on the basis of type of cattle feed, such as dairy, beef, calf, and others, and cattle feed additives, such as antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers, and others. The market is further segmented and forecasted on the basis of major countries, such as France, Germany, U.K., Spain, Italy and others.
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This report also includes the market share, supply chain and value chain analyses, and market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide cattle feed and feed additives.
North America Cattle Feed Market
The North American cattle feed market had been valued at $25.4 billion in 2013, and is projected to reach $35.4 billion by 2018. This market constitutes 18.4% of the global cattle feed market and is expected to grow at a CAGR of 6.9% during the forecast period 2013 to 2018.
The cattle feed market is segmented into dairy, beef, calf, and others, comprising 50.0%, 41.7%,1.7%, and 6.6 % respectively of the global cattle feed market.
Latin America Cattle Feed Market
The Latin American cattle feed market was valued at $12.2 billion in 2013, and is expected to grow at a CAGR of 5.7%, during the period, 2013 to 2018. This market constitutes 7.8% of the global cattle feed market and is projected to reach $16.1 billion by 2018.The cattle feed market is segmented into dairy, beef, calf, and others, comprising 50.0%, 41.7%,1.7%, and 6.6 % respectively, of the global cattle feed market.
This regional market is segmented and studied on the basis of ingredients and countries.
Asia-Pacific Cattle Feed Market
This report provides a competitive landscape of the top players. Under the strategic benchmarking section, we will provide you with their key developments along with the impacts that include new product developments, M&A, a strategic focus on any specific application, technology, and geography. Under the Financials section, we will provide you with details that span Capex (Investments), revenues, EBITDA, etc. Under the operational insights section, we will provide you with the new capacities added, new centers, and new key employments. Under the sales and marketing section, we will provide you with insights on new contracts (available on the public domain), new distribution channels added, new marketing initiatives, and so on.
The Asia-Pacific cattle feed market was valued at $62.9 billion in 2013, and is projected to reach $84.8 billion by 2018. This market constitutes 46.1% of the global cattle feed market and is expected to grow at a CAGR of 6.1% during the forecast period 2013 to 2018.
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For the original version on PRWeb visit: http://www.prweb.com/releases/cattle-feed/market/prweb12079417.htm