Key Market Indicators
Swiss Animal Feed Sales are projected to decline to €885 million by 2028, down from €984 million in 2023. This represents an average annual decrease of 1.7%. Despite a modest annual growth rate of 0.9% since 2014, Switzerland ranked 15th in the global market in 2023. Portugal surpassed Switzerland with sales of €984 million, while Germany, France, and the Netherlands took the second, third, and fourth spots, respectively. However, Swiss Animal Feed Imports are expected to rise. By 2028, imports are projected to reach approximately 71 million kilograms, up from around 63 million kilograms in 2023, marking an annual growth rate of 2%. Since 1993, the demand for animal feed in Switzerland has increased at an average annual rate of 3.8%. Swiss Animal Feed Exports are also anticipated to grow, albeit at a slower pace. Exports are set to reach about 7.7 million kilograms by 2028, up from 7.4 million kilograms in 2023, with an average annual growth rate of 0.6%. Since 1993, Swiss supply has seen an average annual increase of 1.4%. In 2023, Switzerland ranked 67th in global exports, with Benin narrowly ahead at 7.4 million kilograms. Germany, Belgium, and the United States held the second, third, and fourth positions, respectively, in this ranking.
