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Animal Feed Production in Cyprus - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

CY-C108 July 2024 Factsheet

Revenue

€178.2m

2019-2024 1.3 %
2024-2029 X.X %

Employees

442

2019-2024 3.3 %
2024-2029 X.X %

Businesses

33

2019-2024 0.6 %
2024-2029 X.X %

Wages

€X.Xm

2019-2024 X.X %
2024-2029 X.X %

Animal Feed Production in Cyprus market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Cyprus compared to Europe?

Country Benchmarking

Industry Data Cyprus

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#29 In Europe
Business
#27 In Europe
Employees
#29 In Europe
Wages
#31 In Europe

View industry report for Europe

The European animal feed productions market is evolving, driven by a surge in demand for organic, sustainable and high-welfare products. This shift extends into the diets of their livestock and pets. The number of farms practicing organic methods (including in France, which boasts the third-highest area of organic farms globally) is on the rise, boosting demand for organic feeds. This is pushing the industry to innovate and adapt to meet these new preferences head-on.

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Enterprises
Number of businesses in 2024

Biggest companies in the Animal Feed Production in Cyprus

Company
Market Share (%)
2024
Revenue (€m)
2024
Profit (€m)
2024
Profit Margin (%)
2024

There are no companies that hold a large enough market share in the Animal Feed Production in Cyprus industry for IBISWorld to include in this product.

Top Questions Answered in this Report

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What is the market size of the Animal Feed Production industry in Cyprus in 2024?

The market size of the Animal Feed Production industry in Cyprus is €178.2m in 2024.

How many businesses are there in the Animal Feed Production in Cyprus industry in 2024?

There are 33 businesses in the Animal Feed Production industry in Cyprus, which has declined at a CAGR of 0.6 % between 2019 and 2024.

Has the Animal Feed Production industry in Cyprus grown or declined over the past 5 years?

The market size of the Animal Feed Production industry in Cyprus has been growing at a CAGR of 1.3 % between 2019 and 2024.

What is the forecast growth of the Animal Feed Production industry in Cyprus over the next 5 years?

Over the next five years, the Animal Feed Production industry in Cyprus is expected to grow.

What does the Animal Feed Production in Cyprus include?

Farm animal feed and Aquafeed are part of the Animal Feed Production industry.

How competitive is the Animal Feed Production industry in Cyprus?

The level of competition is moderate and steady in the Animal Feed Production industry in Cyprus.

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Table of Contents

About this industry

Industry definition

Companies in this industry manufacture prepared feed for farm animals and pets. This includes treating slaughter waste to produce animal feed.

Related Terms

GENETICALLY MODIFIED ORGANISMORGANIC FEEDLUPIN

What's included in this industry?

Farm animal feedAquafeedPet food

Companies

Industry Code

ISIC 2006

108 - Manufacture of prepared animal feeds in Cyprus

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Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue Growth
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Profit Highlights

Trends
  • Total Profit
  • Profit Margin
  • Profit per Business

Current Performance

Charts
  • Revenue
  • Employees
  • Business
  • Profit
Analysis

What's driving current industry performance in the Animal Feed Production in Cyprus industry?


Outlook

Analysis

What's driving the Animal Feed Production in Cyprus industry outlook?


Volatility

Analysis

What influences volatility in the Animal Feed Production in Cyprus industry?

Charts
  • Industry Volatility vs. Revenue Growth Matrix

Life Cycle

Analysis

What determines the industry life cycle stage in the Animal Feed Production in Cyprus industry?

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

Key Takeaways

Demand for animal feed drops as meat consumption falls. This trend, influenced by growing flexitarian diets, means fewer animals need feeding. It's pushing the industry towards healthier, more sustainable feed options.

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Products and Services

Charts
  • Products and Services Segmentation
Analysis

How are the Animal Feed Production in Cyprus industry's products and services performing?

Analysis

What are innovations in the Animal Feed Production in Cyprus industry's products and services?


Major Markets

Charts
  • Major Market Segmentation
Analysis

What influences demand in the Animal Feed Production in Cyprus industry?


International Trade

Highlights

  • Total Imports into Cyprus
  • Total Exports into Cyprus
Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country
Data Tables

Value and annual change (%) included

  • Number of Imports and Exports by European Country (2024)

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power

Key Takeaways

Innovation and sustainability increase market concentration. Successful feed producers gain a competitive edge by adopting advanced, eco-friendly production technologies and creating nutritionally superior products that meet both regulatory standards and demand for sustainable options.

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Supply Chain

Charts

Buyer and supply industries

Geographic Breakdown

Business Locations

Heat maps
  • Share of Total Industry Establishments by Region (2024)
Data Tables
  • Number of Establishments by Region (2024)
Charts
  • Share of Establishments vs. Population of Each Region
Analysis

What regions are businesses in the Animal Feed Production in Cyprus located?

Companies

Data Tables

Top 0 companies by market share:

  • Market share (2024)
  • Revenue (2024)
  • Profit (2024)
  • Profit margin (2024)

External Environment

Highlights

Trends
  • Regulation & Policy
  • Assistance

Key Takeaways

Regulation ensures safety in animal feed industry. Legislation like Regulation (EC) No 882/2004 are designed to protect both animal and human health by controlling the quality of feed, ensuring it's free from harmful contaminants.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Animal Feed Production in Cyprus industry?

Financial Benchmarks

Highlights

Trends
  • Profit Margin
  • Average Wage
  • Largest Cost

Key Takeaways

Rising costs squeeze animal feed producers’ returns. Despite steady demand, climbing purchase and fuel costs are putting significant financial pressure on animal feed producers.

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Cost Structure

Charts
  • Share of Economy vs. Investment Matrix
  • Industry Cost Structure Benchmarks:
    • Marketing
    • Depreciation
    • Profit
    • Purchases
    • Wages
    • Rent
    • Utilities
    • Other
Analysis

What trends impact cost in the Animal Feed Production in Cyprus industry?


Key Ratios

Data tables
  • IVA/Revenue (2014-2029)
  • Imports/Demand (2014-2029)
  • Exports/Revenue (2014-2029)
  • Revenue per Employee (2014-2029)
  • Wages/Revenue (2014-2029)
  • Employees per Establishment (2014-2029)
  • Average Wage (2014-2029)

Country Benchmarks

European Leaders & Laggards

Data Tables

Top and boottom five countries listed for each:

  • Revenue Growth (2024)
  • Business Growth (2024)
  • Job Growth (2024)

European Country Performance

Data Tables

Rankings available for 37 countries. Statistics ranked include:

  • IVA/Revenue (2024)
  • Imports/Demand (2024)
  • Exports/Revenue (2024)
  • Revenue per Employee (2024)
  • Wages/Revenue (2024)
  • Employees per Establishment (2024)
  • Average Wage (2024)

Structural Comparison

Data Tables

Trends in 37 countries benchmarked against trends in Europe

  • Concentration
  • Competition
  • Barriers to Entry
  • Buyer Power
  • Supplier Power
  • Volatility
  • Capital Intensity
  • Innovation
  • Life Cycle

Key Statistics

Industry Data

Data Tables

Including values and annual change:

  • Revenue (2014-2029)
  • IVA (2014-2029)
  • Establishments (2014-2029)
  • Enterprises (2014-2029)
  • Employment (2014-2029)
  • Exports (2014-2029)
  • Imports (2014-2029)
  • Wages (2014-2029)

Methodology

Where does IBISWorld source its data?

IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.

Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.