The Farm Animal Feed Market - France

The farm animal feed market encompasses the production and distribution of feeds specially designed to meet the nutritional needs of farm animals such as cattle, pigs, poultry and sheep. This sector involves a wide range of activities, from agricultural production to livestock breeding and the agri-food industry. The sector's products are based on the use of two main types of raw material: -compound feeds (mixtures of raw materials) -additives (incorporations that improve foodstuffs) The global market is expected to grow at an average annual rate of4.2% between 2023 and 2032. This growth is due in particular to increased demand foranimalfeed . What's more, the supply of products is constantly innovating, a dynamic that leads toa relentless increase in demand. Despite stabilization in 2021 and 2022, the French livestock feed market experienced sustained growth between 2015 and 2022 , and represents a significant share of the European market. The development of this market is driven in particular by a growing concern for the dietary health of animals and increased attention to the benefits of additives in feed. The feeds most consumed by farm animals in France are proteins such as soya and cereals such as corn, wheat and barley, although there is also a growing demand for additives. and barley, although a significant proportion of their diet is also made up of food waste, i.e. unsold human food. In recent years, the French farm animal feed market has been characterized by a general increase in costs. This phenomenon, which has particularly affected the corn and soybean segment, represents a major threat to market operators, as it can jeopardize the entire supply chain of what is a key sector for the Italian economy. The public is also increasingly concerned about the resource availability problems posed by the feeding of training animals, as it is claimed that this type of animal consumes an excessive amount of primary resources and land that is consequently withdrawn from human availability.