Feed & Additive Magazine Issue 26 March 2023

MARKET REPORT 72 FEED & ADDITIVE MAGAZINE March 2023 Europe is the second largest compound feed producer in the world after the Asia-Pacific region. According to the Agri-Food Outlook 2023 report by Alltech, 263 million tons (20.7%) of world compound feed production, which was 1.266 billion tons in 2022, was realized by European countries. In fact, this is a much lower figure than the previous year. There are several key factors affecting compound feed production in Europe in 2022. One of them, of course, is Ukraine-Russia war. According to Alltech's report, the direct impact of the war was reported in Moldova and in Ukraine, where feed production fell by over 35%. The invasion of Ukraine also Europe Animal Feed Market The increasing need for animal proteins increases the need for compound feed. This need is also an important factor affecting the growth of the market in Europe. However, animal diseases, the Russia-Ukraine war and the raw material and energy crises experienced as a part of the war significantly disrupted the compound feed production in Europe. According to reports, this decrease is around 5%. By Derya Yildiz

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