Key Market Indicators
Irish Animal Feed Sales are projected to climb to €1,010 million by 2028, up from €943 million in 2023. This marks a modest annual growth rate of 1.1%. Despite this growth, the market has experienced a 5.5% annual decline since 2013. In 2023, Ireland ranked 16th in the global market, with Switzerland slightly ahead at €943 million. Germany, France, and the Netherlands occupied the second, third, and fourth positions, respectively. In terms of exports, Irish Animal Feed is expected to reach 331 million kilograms by 2028, up from 290 million kilograms in 2023. This represents a compound annual growth rate (CAGR) of 2.1%. Since 1997, Irish animal feed supply has increased by 3% annually. As of 2023, Ireland also ranked 16th in exports, with Brazil leading at 290 million kilograms. Germany, Belgium, and the United States took the second, third, and fourth spots. On the import side, Ireland's demand for animal feed is set to rise to 1,040 million kilograms by 2028, up from 912 million kilograms in 2023. This translates to an annual growth rate of 2.1%. Since 1997, Irish demand has grown at an annual rate of 2.7%.
