Doing some more research I stumbled upon a market analysis [1], which unfortunately cost $5000 to download, but gave some information about animation in Europe.
It seems like countries like France and Spain are offering tax breaks for animation. However they put their money into animation for television, as this is less risky and expensive than taking on a feature film production.
A report from Screen Digest [2] places Canada as the leader in producing animation for television, with 382 hours, over the US(330 hours) and France(259 hours). The US leads the pack in profit, with 256 million Euros, while Canada brought 181 million Euros.
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