France Animal Feed Market Size, Share, Opportunities, And Trends By Type (Fodder, Forage, Compound Feed), By Livestock (Pork, Aquatic Animals, Cattle, Poultry, Others), And By Raw Material (Soya, Corn, Rendered Meal, Others) - Forecasts From 2024 To 2029

France animal feed market is predicted to expand at a CAGR of 1.70% and will reach US$8.927 billion in 2029 from US$$7.936 billion in 2022.

 France is one of the major animal farming nations and with the growing dairy products demand and quality red meat, the animal protein consumption in the country is expected to rise which will positively impact the demand for animal feed.

 According to the Eurostat, in 2022, France accounted for 22.7% of the bovine population in Europe, and as per the same source, 20.8% of Europe’s beef was produced in France. Likewise, the country accounted for 18.9% of the EU’s veal meat and 18.5% of sheep meat.

Though the meat consumption trend has taken a slight fall in the country due to the price vitality of meat products, however, in the coming years the consumption is expected to witness an upward trajectory which will drive overall animal feed demand in France.

Moreover, ongoing efforts to reduce methane formation in farm animals are also acting as additional driving factors for market expansion.

Market Drivers

• Favorable investments and technological advancement

Favorable investments and technical improvements in feed production are projected to drive the animal feed market forward in the next years. For instance, the “EcoXtract®Protein” project announced by Pennakem Europa, INRAE, the Carnot Institute France Futur Élevage, and Avignon University in December 2021, aimed to deliver a 100% biobased and natural component extraction alternative to the feed market. The project came with a total financial assistance of 4.8 million euros through ADEME's PIA program.

The technology forms a suitable alternative for the hexane extraction method. Using the EcoXtract® bio solvent, the project aims to produce rapeseed, soybean, and sunflower-defatted meals in an experimental facility in Bordeaux.

• Strategic collaboration has positively impacted market growth.

Furthermore, major companies in the market are making sustainability a competitive advantage rather than the cost. For instance, in January 2022, Feed Alliance formed an agreement to acquire a majority stake in SOLTEAM which will enable the latter to secure a sustainable supply of feed products for the animal sector in France. The collaboration will specifically meet the growing demand from livestock farmers in the country.

Likewise, Cargill, a worldwide commodity corporation, and InnovaFeed, a French insect protein firm, signed a commercial arrangement in April 2021 to expand their strategic cooperation and deliver sustainable, unique feed choices to new categories of the animal nutrition market.

• Pork market is to grow steadily during the forecast period.

By livestock, the France animal feed market is segmented into pork, aquatic animals, cattle, poultry, and others. Pork is the most commonly consumed type of meat in France and has become an integral part of most of the French diet. Multiple factors contribute to this growing trend, including increased competition among brand owners.

The demand for pork feed in the country is anticipated to show positive growth given the high consumption trend of pork meat in France. According to FranceAgriMer, in 2022, the country’s pork production stood at 2,195.7 thousand carcass weight whereas consumption stood at 2,179.7 thousand carcass weight. As per the same source, France remained the third largest pork producer behind Spain and Germany.

Though pork production and consumption recently witnessed a slight decline in France owing to the growing shift towards plant protein, the market is expected to pick up pace in the coming years as the demand for animal protein grows.

Key Development

• In December 2023:  Auchan collaborated with BioMar, Edpacif, and NGO Earthworm Foundation for the development and commercialization of standard shrimp feed containing 50% soy content and assists in reducing carbon footprint in shrimp farming.

France Animal Feed Market Scope:

 

Report Metric	Details
Market Size Value in 2022	US$$7.936 billion
Market Size Value in 2029	US$8.927 billion
Growth Rate	CAGR of 1.70% from 2022 to 2029
Study Period	2019 to 2029
Historical Data	2019 to 2022
Base Year	2023
Forecast Period	2024 – 2029
Forecast Unit (Value)	USD Billion
Segments Covered	Type Livestock Raw Materials
Companies Covered	Cargill Incorporated Ingredion Incorporated BASF SE Alltech Archer Daniels Midland Company
Customization Scope	Free report customization with purchase

 

Segmentation:

• By Type
  • Fodder
  • Forage
  • Compound Feed
• By Livestock
  • Pork
  • Aquatic Animal
  • Cattle
  • Poultry
  • Others
• By Raw Materials
  • Soya
  • Corn
  • Rendered Meal
  • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits to the stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. FRANCE ANIMAL FEED MARKET BY TYPE

5.1. Introduction

5.2. Fodder

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.3. Forage

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.4. Compound Feed

5.4.1. Market Trends and Opportunities

5.4.2. Growth Prospects

6. FRANCE ANIMAL FEED MARKET BY LIVESTOCK

6.1. Introduction

6.2. Pork

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.3. Aquatic Animal

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.4. Cattle

6.4.1. Market Trends and Opportunities

6.4.2. Growth Prospects

6.5. Poultry

6.5.1. Market Trends and Opportunities

6.5.2. Growth Prospects

6.6. Others

6.6.1. Market Trends and Opportunities

6.6.2. Growth Prospects

7. FRANCE ANIMAL FEED MARKET BY RAW MATERIAL

7.1. Introduction

7.2. Soya

7.2.1. Market Trends and Opportunities

7.2.2. Growth Prospects

7.3. Corn

7.3.1. Market Trends and Opportunities

7.3.2. Growth Prospects

7.4. Rendered Meal

7.4.1. Market Trends and Opportunities

7.4.2. Growth Prospects

7.5. Others

7.5.1. Market Trends and Opportunities

7.5.2. Growth Prospects

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Cargill Incorporated

9.2. Ingredion Incorporated

9.3. BASF SE

9.4. Alltech

9.5. Archer Daniels Midland Company

9.6. DSM

Cargill Incorporated 

Ingredion Incorporated 

BASF SE

Alltech 

Archer Daniels Midland Company

DSM