The market for Animal Feed Preparations in Germany saw steady growth from 2013 to 2020, with brief fluctuations in subsequent years. The sold production value reached 23.832 billion kilograms in 2023, showing a slight year-on-year decline of 0.33%. The five-year CAGR leading up to 2023 was a mere 0.064%, reflecting a plateau in growth.
Post-2023 forecasts indicate a declining trend with a forecasted annual average decrease (CAGR) of 0.26% through 2028, resulting in a total decline of 1.3% over five years. These indicators suggest that the market has matured and demand growth has stabilized.
Future trends to watch for include shifts in regulatory standards, innovations in feed ingredients, and sustainability practices. Changes in livestock farming practices and increasing demand for high-quality animal products could also impact market dynamics.
