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The Spain animal feed market is projected to grow at a CAGR of 3.2% between 2024 and 2032. The market is being driven by the growing demand for plant-based ingredients in animal feeds.
Precision nutrition technologies that employ different types of physical, biological, chemical, and biochemical methods to improve the delivery of adequate nutrition to animals upon feed consumption are expected to drive the market growth in Spain in the forecast period.
Increasing incidences of antibiotic resistance among livestock are prompting major companies to incorporate sustainable ingredients into animal feed, which boost the frequency of food intake and enhance the overall well-being of the animal.
In 2021, 35.8 MT of compound feed was produced in Spain. Spain is the seventh largest producer of compound feed globally. Feed production of aquatic animals, horses, and pets recorded a significant increase in 2022.
One of the significant market trends is the increasing demand for plant-based ingredients such as seaweed, legumes, duckweed, and algae in animal feed. The incorporation of yeast extracts into animal feed is also witnessing significant growth as they enhance the immune strength of animals and increase the feed-to-conversion ratios.
In line with the global shift towards sustainability, there is a rising demand for ethically sourced animal feed ingredients, prompting manufacturers to improve transparency in their production operations.
Spain Animal Feed Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Livestock
Market Breakup by Raw Material
Based on livestock, the market is divided into pork, aquatic animal, cattle, and poultry, among others. Over the forecast period, pork is expected to emerge as a leading market segment as the demand for meat consumption rises significantly in the country.
The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.
Major market players are experimenting with innovative ingredients for manufacturing feed for horses and aquatic animals, which is expected to drive the market growth in the forecast period.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Livestock |
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Breakup by Raw Material |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Europe Animal Feed Market Overview
8.1 Key Industry Highlights
8.2 Europe Animal Feed Historical Market (2018-2023)
8.3 Europe Animal Feed Market Forecast (2024-2032)
9 Spain Animal Feed Market Overview
9.1 Key Industry Highlights
9.2 Spain Animal Feed Historical Market (2018-2023)
9.3 Spain Animal Feed Market Forecast (2024-2032)
10 Spain Animal Feed Market by Type
10.1 Fodder and Forage
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Compound Feed
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Spain Animal Feed Market by Livestock
11.1 Pork
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Aquatic Animal
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Cattle
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Poultry
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Spain Animal Feed Market by Raw Material
12.1 Wheat
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Corn
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators of Demand
13.4 Key Indicators of Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 COVAP. S. Coop.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Archer-Daniels-Midland Company
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Cargill, Incorporated
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Nutreco N.V.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 De Heus Voeders B.V.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 BRF S.A.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Derwent Arizona S.L.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Europe Animal Feed Market: Key Industry Highlights (USD Million), 2018 and 2032
2. Europe Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
3. Spain Animal Feed Market: Key Industry Highlights (USD Million), 2018 and 2032
4. Spain Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
5. Spain Animal Feed Historical Market: Breakup by Type (USD Million), 2018-2023
6. Spain Animal Feed Market Forecast: Breakup by Type (USD Million), 2024-2032
7. Spain Animal Feed Historical Market: Breakup by Type (Million Tons), 2018-2023
8. Spain Animal Feed Market Forecast: Breakup by Type (Million Tons), 2024-2032
9. Spain Animal Feed Historical Market: Breakup by Livestock (USD Million), 2018-2023
10. Spain Animal Feed Market Forecast: Breakup by Livestock (USD Million), 2024-2032
11. Spain Animal Feed Historical Market: Breakup by Livestock (Million Tons), 2018-2023
12. Spain Animal Feed Market Forecast: Breakup by Livestock (Million Tons), 2024-2032
13. Spain Animal Feed Historical Market: Breakup by Raw Material (USD Million), 2018-2023
14. Spain Animal Feed Market Forecast: Breakup by Raw Material (USD Million), 2024-2032
15. Spain Animal Feed Historical Market: Breakup by Raw Material (Million Tons), 2018-2023
16. Spain Animal Feed Market Forecast: Breakup by Raw Material (Million Tons), 2024-2032
17. Spain Animal Feed Market Structure
The market is projected to grow at a CAGR of 3.2% between 2024 and 2032.
The different raw materials used in animal feed include wheat and corn, among others.
The major segments based on livestock in the market report include pork, aquatic animal, cattle, and poultry, among others.
The different types of feed in the market include fodder and forage and compound feed.
The key market players are COVAP. S. Coop., Archer-Daniels-Midland Company, Cargill, Incorporated, Nutreco N.V., De Heus Voeders B.V., BRF S.A., and Derwent Arizona S.L., among others.
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