The Hungarian market for preparations for animal feeds, excluding dog and cat food, has shown a steady upward trend from 2013 to 2023, reaching 2.912 billion kilograms in 2023. Over the past ten years, annual volume growth varied, peaking at 13.83% in 2016 and showing some volatility with a decline in 2021 of 6%. The market stabilized, growing by 3.93% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years was 2.55%, suggesting moderate growth in this period despite recent fluctuations.
Future trends to watch for include potential impacts of agricultural policy changes, shifts in livestock farming practices, and ongoing sustainability efforts. Emerging feed technologies and alternative ingredients may also influence market dynamics.
How does Hungary 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 |
| 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% | View data |
| 11 | 11 Hungary | 2,912,000,000 | 2023 | +3.93% | +2.55% | |
| 12 | 12 Czech Republic | 2,287,700,000 | 2023 | +1.89% | +2.45% | View data |
| 13 | 13 Sweden | 2,285,400,000 | 2023 | +0.75% | -0.051% | View data |
