The Preparations for Animal Feeds market in Portugal, excluding dog or cat food, reached a volume of 4.3591 billion kilograms in 2023. Over the past decade, the market has shown steady growth with some fluctuations.
Key trends observed include:
- Consistent growth from 2013 to 2018, with the most significant increase in 2016 at 6.17%.
- Fluctuations observed in 2019 with a decline of 2.45% followed by recovery and modest growth.
- In the last two years, the market experienced a moderate increase, with year-on-year changes of 1.37% in 2022 and 1.34% in 2023.
- The five-year CAGR reduction to 0.56% indicates a slowing growth rate more recently.
Future trends to watch for include increased demand for sustainable feed sources and technological advancements in feed production to improve nutritional efficacy and reduce environmental impacts. Market dynamics may also be influenced by regulatory changes and shifting consumer preferences in animal product origins.
How does Portugal rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Volume?
| # | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 27,624,000,000 | 2023 | +1.28% | +1.66% | View data |
| 2 | 2 Germany | 23,001,000,000 | 2023 | -0.74% | -0.28% | View data |
| 3 | 3 France | 19,978,000,000 | 2023 | -0.13% | -0.6% | View data |
| 4 | 4 United Kingdom | 16,104,000,000 | 2023 | +0.37% | +0.046% | View data |
| 5 | 5 Netherlands | 13,503,000,000 | 2023 | +1.6% | -0.045% | View data |
| 8 | 8 Belgium | 8,162,300,000 | 2023 | +1.38% | +1.53% | View data |
| 9 | 9 Denmark | 5,036,400,000 | 2023 | -0.13% | -0.45% | View data |
| 10 | 10 Portugal | 4,359,100,000 | 2023 | +1.34% | +0.56% | |
| 11 | 11 Hungary | 2,912,000,000 | 2023 | +3.93% | +2.55% | View data |
| 12 | 12 Czech Republic | 2,287,700,000 | 2023 | +1.89% | +2.45% | View data |
