Key Market Indicators
British Animal Feed Sales Set to Reach €7.85 Billion by 2028 British Animal Feed Sales are projected to rise to approximately €7.85 billion by 2028, up from €7.75 billion in 2023, marking a modest compound annual growth rate (CAGR) of 0.2%. Since 2013, the market has experienced a yearly increase of 0.4%. In 2023, the UK ranked fifth in the European animal feed market. The Netherlands led the market with sales of €7.75 billion, followed by Germany, France, and the Netherlands, in second, third, and fourth places, respectively. British Animal Feed Imports to Hit 680 Million Kilograms by 2028 The UK's animal feed imports are anticipated to reach 680 million kilograms by 2028, up from 651 million kilograms in 2023, growing at an average annual rate of 0.7%. British demand for animal feed has been on the rise since 1998, with an average yearly increase of 1.4%. British Animal Feed Exports to Reach 676 Million Kilograms by 2028 British animal feed exports are forecasted to climb to 676 million kilograms by 2028, up from 611 million kilograms in 2023, indicating a 1.6% yearly growth rate. Since 1998, the UK's supply has grown at an average annual rate of 2.3%. In 2023, the UK ranked ninth in animal feed exports, with Spain surpassing it with 611 million kilograms. Germany, Belgium, and the United States were the second, third, and fourth largest exporters, respectively.
