Europe Animal Nutrition Market is expected to grow with the CAGR of 6.4% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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Europe animal nutrition market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Europe animal nutrition market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement, business expansion, award and recognition into the market. This helped companies to maximize the sales with enhanced product portfolio.
For instance:
- In September 2021, DSM created a separate animal nutrition and health division to focus on products for animal products in sustainable way. The new unit incorporates products such as carotenoids and vitamins. This development helped the company to focus on animal health and provide best solutions and also in gaining more revenue
DSM, is the dominating player in Europe Animal nutrition market. The other key players existing in the market are Cargill, Incorporated, Kemin Industries, Inc., Alltech, Phibro Animal Health Corporation, Rossari Biotech Limited, ADM, Advanced Enzyme Technologies, Zoetis, Glanbia plc, DuPont (IFF Nutrition & Biosciences), Zinpro Corp., NOVUS INTERNATIONAL, BENEO, Norvite, Biovet, S.A, Bluestar Adisseo Co., Ltd., Balchem Inc., Vetoquinol S.A., Novozymes, EW Nutrition, BASF SE, Chr. Hansen Holding A/S, Brenntag Latvia, SIA, and azelis among others.
DSM
DSM was founded in 1902 and is headquartered in Maastricht, the Netherlands. The company focuses on producing and manufacturing wide range of nutritional, pharmaceutical ingredients, and industry chemicals. The company has product category such as animal feed, dietary supplements, early life nutrition, food & beverage, personal care, automotive, electrical & electronics in which animal feed is the market focused category.
For instance,
- In September 2021, DSM created separate animal nutrition and health division to focus on products for animal products in sustainable way. The new unit incorporates products such as carotenoids and vitamins. This development helped the company to focus on animal health and provide best solutions and also in gaining more revenue
The company has its presence across Europe, North America, Asia-Pacific, Middle East and Africa and Latin America.
Brenntag Latvia, SIA
Brenntag Latvia, SIA founded in the year 1912, headquartered in Rigas Raj, Latvia. The company focuses on distribution of chemicals and ingredients throughout the globe. The company has product category such as Animal Nutrition, Cleaning, Coating & Construction, Cosmetics, Food & Nutrition, Lubricants, Oil & Gas, Pharma, Polymers, and Water Treatment, in which animal nutrition is the market focused category.
For instance,
- In April 2021, Brenntag Latvia SIA extended their agreement on the Borregaard’s SoftAcid Technology for the manufacture of Neubacid Soft Products to the customers of Middle East. This helped the company to expand its presence in Middle East region
The company has presence in North America, Latin America, Asia-Pacific, Europe, Middle East and Africa
Cargill, Incorporated
Cargill, Incorporated founded in the year 1870, headquartered in Minnesota, U.S. The company focuses on producing food, agricultural, animal nutrition, financial and industrial products in safe and sustainable way. The company has product categories including agriculture, animal nutrition, beauty, bioindustrial, carbon solutions, foodservices, food & beverage, industrial, pharmaceutical, meat and poultry, transportation, risk management and animal nutrition is the market focused category.
For Instance,
- In September 2019, Cargill, Incorporated revamped its animal-nutrition unit and created new business group called Cargill Health Technologies, which focuses on digestive health and immunology of farm animal. This reorganization helped the company to grow the business of animal nutrition by responding to growing concerns among consumers and farmers over animal health and wellness
The company has presence across North America, Latin America, Europe, Middle East and Africa, Asia-Pacific.
