Global Animal Feed Trends in 2024
Animal Feed is part of Agricultural Input and includes a number of sub-sectors such as Hay. You may also be interested in Agrochemical and Agricultural Land.
Global animal feed exports are projected to reach approximately 20.4 billion kilograms by 2028, up from about 18.9 billion kilograms in 2023, marking an average annual growth rate of 1.2%. Since 2019, the global supply has increased by 2.1% annually. In 2023, the Netherlands led the world in animal feed exports, with shipments totaling around 3.2 billion kilograms. Germany, Belgium, and the United States followed in the second, third, and fourth positions, respectively. Notably, Palestine experienced a substantial year-on-year growth rate of 56.5%, while Argentina saw a decline of 21.5% since 2019. On the European front, animal feed sales are expected to hit €99.6 billion by 2028, rising from €95.35 billion in 2023. This represents an average yearly growth rate of 0.9%. Since 2019, the European market has grown by 1.8% annually. Spain led European animal feed sales in 2023, generating approximately €15.98 billion. Germany, France, and the Netherlands followed in the rankings. Romania saw a notable annual increase of 9.2%, whereas Ireland experienced a 5.5% decline since 2019.
Top 10 countries
In 2024 major markets in the Animal Feed Industry were:
World Animal Feed Market Data and Forecasts
How much the Animal Feed industry is expected to grow to 2028?
World Animal Feed Top Rankings
Global Animal Feed Statistics
- Shipping Freight Volume 66 countries (Western Europe, Europe, Germany...)
- Animal Feed Import 207 countries (Asia, Europe, Western Europe...)
- Animal Feed Export 211 countries (Europe, Asia, Western Europe...)
- Soybean Cake Import 188 countries (Asia, Europe, Latin America...)
- Soybean Cake Export 203 countries (Asia, Latin America, Europe...)
- Grains Production 216 countries (Western Europe, Germany, Europe...)
- Industrial Equipment Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Hay Import 182 countries (Africa, Sub-Saharan Africa, Asia...)
- Sunflower Cake Import 145 countries (Europe, Eastern Europe, Western Europe...)
- Sunflower Cake Export 153 countries (Europe, Eastern Europe, Western Europe...)
