As of 2023, the production of farm animal feed premixtures in France stood at an equivalent of approximately 126.5 thousand kilograms. Forecasted data from 2024 to 2028 indicate a gradual decline in production, with values dropping from 125.8 thousand kilograms in 2024 to 122.91 thousand kilograms in 2028. This marks a year-on-year decrease, with a compound annual growth rate (CAGR) of roughly -0.56% over this five-year period, suggesting a consistent downward trend.
Future trends to watch for include potential impacts from changes in agricultural policies, increasing emphasis on sustainability, and any emergent technological advancements in feed production that could affect supply chain efficiency. Additionally, shifts in livestock industry demands and consumer preferences towards animal welfare and organic products could reshape the market dynamics significantly.