Between 2013 and 2023, the per capita volume of preparations for animal feeds (excluding dog or cat food) in Denmark exhibited fluctuating trends, peaking in 2020 at 897.3 kilograms per capita. By 2023, the volume slightly decreased to 850.09 kilograms per capita, indicating a modest downtrend from the recent peak. Over the last two years, the year-on-year variation showed slight decreases, with 2022 and 2023 seeing minor reductions from previous years. The five-year compound annual growth rate (CAGR) suggests a stabilization trend after reaching a high in 2020.
Future trends to watch: The market for animal feed in Denmark may be influenced by growing sustainability concerns, regulations promoting eco-friendly feed options, and advancements in feed technology. Additionally, global events affecting grain and feed input availability could significantly impact future consumption patterns.
How does Denmark rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Volume Per Capita?
| # | 21 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 850.09 | 2023 | |||
| 2 | 2 Netherlands | 792.66 | 2023 | View data | ||
| 3 | 3 Belgium | 696.18 | 2023 | View data | ||
| 4 | 4 Spain | 582.82 | 2023 | View data | ||
| 5 | 5 Portugal | 431.15 | 2023 | View data | ||