The market for preparations for animal feeds (excluding dog or cat food) in Italy exhibited fluctuations from 2013 to 2023. The value peaked in 2013 at 7.6246 billion euros and experienced a decline through 2019. From 2020 onwards, the market rebounded, culminating in a value of 7.2487 billion euros in 2023. The year-on-year growth was positive in recent years, with the highest growth of 1.81% in 2020, indicating a recovery. The compound annual growth rate (CAGR) for the last five years was 0.73%, reflecting a modest upward trend.
Future trends to watch for include advancements in sustainable feed production, rising demand for organic and specialized animal feeds, and potential impacts from regulatory changes aimed at reducing environmental impacts. The market may also experience growth from increasing livestock production and the adoption of innovative feed ingredients.
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 11,894,000,000 | 2023 | +1.11% | +1.79% | View data |
| 2 | 2 Germany | 10,140,000,000 | 2023 | +1.24% | +0.75% | View data |
| 3 | 3 France | 9,272,400,000 | 2023 | +0.76% | -0.41% | View data |
| 4 | 4 United Kingdom | 7,928,600,000 | 2023 | +0.88% | +0.49% | View data |
| 5 | 5 Italy | 7,248,700,000 | 2023 | +0.72% | +0.73% | |
| 6 | 6 Netherlands | 6,803,200,000 | 2023 | +0.78% | +0.33% | View data |
| 7 | 7 Poland | 5,849,900,000 | 2023 | +2.17% | +1.46% | View data |
