Based on the data, the forecasted values for Animal Fats Feed in South Korea from 2024 to 2028 show a stable trend, with the values expected to remain at 9.0 thousand metric tons for 2024 and 2025, before decreasing to 8.0 thousand metric tons from 2026 to 2028.
Year-on-Year Variation
- 2024: N/A (Base Year)
- 2025: 0.0%
- 2026: -11.1%
- 2027: 0.0%
- 2028: 0.0%
CAGR
The Compound Annual Growth Rate (CAGR) over the forecasted period is approximately -2.35%.
Future Trends
Future trends to watch for include potential shifts in dietary preferences for livestock, regulatory changes affecting feed composition, and advancements in feed efficiency. Additionally, global market dynamics and alternative feed sources may impact the demand for animal fats feed in South Korea.
