In Germany, the number of enterprises in the wholesale of agricultural raw materials and live animals is projected to decrease from 2024 to 2028. The sector is expected to shrink annually, with a trend showing a gradual decline each year. From 2024 to 2025, the sector will decrease by approximately 4.88%. This trend continues with subsequent annual reductions, culminating in a five-year compound annual growth rate (CAGR) of -5.06%.
Future trends to watch out for include:
- Impact of technological advancements on traditional wholesale operations.
- Changing regulations and their effect on market dynamics.
- The influence of sustainable practices on the sector's growth and adaptation needs.
- Market consolidation could increase efficiency and reduce enterprise numbers further.