The Germany Compound Feed Market size is estimated at USD 15.30 billion in 2023, and is expected to reach USD 17.82 billion by 2028, growing at a CAGR of 3.10% during the forecast period (2023-2028).
The German compound feed market is consolidated, with a few prominent players holding most of the market share. ForFarmers, Cargill Inc, Trouw Nutrition Deutschland GmbH, Alltech Inc., and Royal Agrifirm Group are the prominent players in the market studied. As per the key developments observed during the review period, mergers and acquisitions and product launches are the most adopted strategies by the dominant players in the market. The leading companies focus on acquiring feed mills and small manufacturing units to expand their business in local and foreign markets. Moreover, the key players invest heavily in R&D to launch innovative products according to the customer's needs. These dominant players have also been expanding their businesses by adopting various strategies, such as expansions, partnerships, and product innovations.
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