The market for animal feeds, excluding dog or cat food in Finland, demonstrated noticeable fluctuations over the last decade. From its peak in 2013 at 1.002 billion Euros, the market contracted, reaching 0.8391 billion Euros in 2023. The past five years have shown an average annual decline (CAGR) of 1.89%. Specifically, recent years experienced substantial volatility, with a significant recovery in 2021, followed by declines in 2022 and a smaller drop in 2023. Despite a brief 7.11% increase in 2021, persistent economic pressures contributed to further contraction in 2022 and 2023.
Future trends to watch for:
- Innovations in sustainable feed production methodologies can offer growth opportunities.
- Potential impacts from EU agricultural policies and environmental regulations.
- Technological advancements in the agritech sector may stimulate market changes.
How does Finland rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value?
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 11,894,000,000 | 2023 | +1.11% | +1.79% | View data |
| 2 | 2 Germany | 10,140,000,000 | 2023 | +1.24% | +0.75% | View data |
| 3 | 3 France | 9,272,400,000 | 2023 | +0.76% | -0.41% | View data |
| 4 | 4 United Kingdom | 7,928,600,000 | 2023 | +0.88% | +0.49% | View data |
| 5 | 5 Italy | 7,248,700,000 | 2023 | +0.72% | +0.73% | View data |
| 12 | 12 Sweden | 1,327,900,000 | 2023 | -0.29% | +2.29% | View data |
| 13 | 13 Czech Republic | 1,073,000,000 | 2023 | +1.09% | +1.72% | View data |
| 14 | 14 Finland | 839,100,000 | 2023 | -1.68% | -1.89% | |
| 15 | 15 Romania | 650,980,000 | 2023 | +0.94% | +2.23% | View data |
| 16 | 16 Croatia | 348,810,000 | 2023 | +1.68% | +0.055% | View data |
