Key Market Indicators
Sales of animal feed in Lithuania are set to hit €771 million by 2026, up from €681 million in 2021. Since 2013, the market has grown by an average of 4% each year. Lithuania came in 19th position in 2021, overtaken by Serbia with €681 million. Germany, the Netherlands and France ranked 2nd, 3rd and 4th respectively. Lithuania's imports of animal feed are projected to hit 128 million kilograms by 2026, up from 108 million in 2021. Since 1999, the country's demand has increased by an average of 3.6% each year. Lithuania was in 41st spot in 2021, overtaken by Austria with 108 million kilograms. Germany, Belgium and Ireland were ranked 2nd, 3rd and 4th in this list. Finally, exports of animal feed in Lithuania are expected to reach 228 million kilograms by 2026, up from 194 million in 2021. Since 1999, the supply has grown by 4.6% each year. Lithuania was 21st in 2021, overtaken by Uganda with 194 million kilograms. Germany, Belgium and the United States were placed 2nd, 3rd and 4th respectively.
Lithuania Animal Feed Market Data and Forecasts
What is the size of the Lithuanian Animal Feed Market in 2022?
How much will Lithuania Animal Feed Market grow to 2026?More in Animal Feed Industry for 2027
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The Animal Feed Industry is experiencing substantial growth, driven by increased demand for protein-rich diets and the surge in global meat consumption. Evolving health standards and mounting concerns about the environmental impact of meat production are pushing towards stringent criteria for animal feed, making nutritional quality a prime focus. Furthermore,...Read more
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The emergence of automation within contemporary feeding systems plays a crucial role in fostering efficiency and scalability. It has significantly minimised human error and accelerated the rate of production. This advancement has brought forward high precision and punctuality in dispersing quantities, translating to healthier livestock and improved yields, thus contributing...Read more