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Baltic Blue Growth – Feed Market Potential

Overview of feed market

The European compound feed industry employs over 110000 persons on approximately 4000 production sites often in rural areas, which offer few other employment opportunities. Farm animals in the EU 28 consume an estimated 478 million tonnes of feed a year, of which about 30% (156 million tonnes) are produced by compound feed manufacturers. The turnover of the European compound feed industry was an estimate of €55 billion in 2015.

Specialty Feed Ingredients comprise feed additives and functional feed ingredients. Mixtures of specialty feed ingredients comprise premixtures and complementary feed, including dietetic complementary feed, which contains speciality, feed ingredients. Feed additives are substances, micro organisms or preparations which are intentionally added to feed or water in order to perform one or more of the functions described in Article 5 of Regulation 1831/2003/EC, on additives for use in animal nutrition. All feed additives placed on the market in the European Union must be approved under the auspices of the Regulation (EC) No 1831/2003.

Feed is the major cost factor for the livestock farmers, e.g. representing up to 85 % of the production cost for poultry. Farm animals in the EU-27 consume an estimated 467 million tonnes of feed a year, of which 150 million tonnes are produced by the compound feed manufacturers (the worldwide compound feed production amounts to 700 million tonnes). The compound feed production of the EU-27 in 2008, 150 million tonnes, can be broken down to mainly pig feed (35%), feed for broilers and laying hens (33%) and cattle feed (25%). The remaining is constituted of milk replacers (1%) and feed for other livestock (7%). The European feed industry is valorizing a very significant number of by-products from the food and biofuel industry. An average compound feed formula constitutes of 40 % of these by-products (by-product is biofuel industry not specifically mentioned). On top of that, livestock farmers use approximately 228 million tonnes of forage and 89 million tonnes of feed materials (home-grown cereals or purchased feed materials).

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