| Product Code: ETC220279 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Hungary compound feed market, the import trend experienced a decline with a growth rate of -2.59% from 2023 to 2024. The compound annual growth rate (CAGR) for imports over the period 2020-2024 stood at -1.0%. This negative growth can be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.
The compound feed market in Hungary caters to the livestock and aquaculture industries, providing nutritionally balanced feed formulations for optimal animal growth and health. While not directly related to composites, the compound feed market plays a significant role in supporting Hungary agricultural sector, which may indirectly impact the demand for composite materials used in agricultural equipment and infrastructure.
The Hungary Compound Feed Market is influenced by factors such as the growing demand for high-quality animal protein products, rising livestock production, and increasing awareness regarding animal nutrition. Compound feed plays a crucial role in maximizing animal health, growth, and productivity. The emphasis on sustainable and efficient animal farming practices, coupled with technological advancements in feed formulation, is driving market growth in Hungary.
In the Hungary Compound Feed market, challenges include fluctuating raw material prices, stringent regulations, and increasing consumer demand for sustainable and organic products. Balancing nutritional requirements with cost-effectiveness while complying with regulatory standards poses a significant challenge for feed manufacturers. Additionally, ensuring the safety and traceability of feed ingredients is crucial for maintaining consumer trust and market competitiveness.
The compound feed industry plays a vital role in supporting Hungary agriculture and livestock sectors. Government policies aim to ensure the safety, quality, and sustainability of compound feed products while promoting innovation and efficiency in production processes. Initiatives include regulations governing feed formulation and labeling, subsidies for the adoption of advanced manufacturing technologies, and research funding for improving feed efficiency and nutritional value. These policies contribute to the growth and competitiveness of the compound feed market in Hungary.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Hungary Compound Feed Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Compound Feed Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Compound Feed Market - Industry Life Cycle |
3.4 Hungary Compound Feed Market - Porter's Five Forces |
3.5 Hungary Compound Feed Market Revenues & Volume Share, By Ingredients, 2021 & 2031F |
3.6 Hungary Compound Feed Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Hungary Compound Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Hungary Compound Feed Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
4 Hungary Compound Feed Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-quality animal protein products in Hungary |
4.2.2 Growing awareness about the importance of animal nutrition for livestock health and performance |
4.2.3 Government initiatives to support the agriculture sector and improve livestock productivity |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in compound feed production |
4.3.2 Stringent regulations related to feed ingredients and additives |
4.3.3 Competition from alternative feed options such as natural and organic feeds |
5 Hungary Compound Feed Market Trends |
6 Hungary Compound Feed Market, By Types |
6.1 Hungary Compound Feed Market, By Ingredients |
6.1.1 Overview and Analysis |
6.1.2 Hungary Compound Feed Market Revenues & Volume, By Ingredients, 2021-2031F |
6.1.3 Hungary Compound Feed Market Revenues & Volume, By Cereals, 2021-2031F |
6.1.4 Hungary Compound Feed Market Revenues & Volume, By Cakes & Meals, 2021-2031F |
6.2 Hungary Compound Feed Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Hungary Compound Feed Market Revenues & Volume, By Plant-based, 2021-2031F |
6.2.3 Hungary Compound Feed Market Revenues & Volume, By Animal-based, 2021-2031F |
6.3 Hungary Compound Feed Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Hungary Compound Feed Market Revenues & Volume, By Mash, 2021-2031F |
6.3.3 Hungary Compound Feed Market Revenues & Volume, By Pellet, 2021-2031F |
6.3.4 Hungary Compound Feed Market Revenues & Volume, By Crumble, 2021-2031F |
6.3.5 Hungary Compound Feed Market Revenues & Volume, By Other Forms, 2021-2031F |
6.4 Hungary Compound Feed Market, By Livestock |
6.4.1 Overview and Analysis |
6.4.2 Hungary Compound Feed Market Revenues & Volume, By Poultry, 2021-2031F |
6.4.3 Hungary Compound Feed Market Revenues & Volume, By Ruminants, 2021-2031F |
6.4.4 Hungary Compound Feed Market Revenues & Volume, By Swine, 2021-2031F |
6.4.5 Hungary Compound Feed Market Revenues & Volume, By Aquaculture, 2021-2031F |
6.4.6 Hungary Compound Feed Market Revenues & Volume, By Other Livestock, 2021-2031F |
7 Hungary Compound Feed Market Import-Export Trade Statistics |
7.1 Hungary Compound Feed Market Export to Major Countries |
7.2 Hungary Compound Feed Market Imports from Major Countries |
8 Hungary Compound Feed Market Key Performance Indicators |
8.1 Average feed conversion ratio (FCR) of livestock in Hungary |
8.2 Percentage of livestock farms using compound feed compared to other feed options |
8.3 Adoption rate of technological advancements in compound feed production in Hungary |
9 Hungary Compound Feed Market - Opportunity Assessment |
9.1 Hungary Compound Feed Market Opportunity Assessment, By Ingredients, 2021 & 2031F |
9.2 Hungary Compound Feed Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Hungary Compound Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
9.4 Hungary Compound Feed Market Opportunity Assessment, By Livestock, 2021 & 2031F |
10 Hungary Compound Feed Market - Competitive Landscape |
10.1 Hungary Compound Feed Market Revenue Share, By Companies, 2024 |
10.2 Hungary Compound Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |