The labor cost per employee full-time equivalent (FTE) in the prepared animal feeds industry in France is projected to increase from €76.4k in 2024 to €82.2k by 2028. This marks a consistent upward trend with a steady year-on-year increase, averaging about 1.8% annually over the forecasted period. As of 2023, the labor cost stood slightly lower than forecasted values, suggesting a historical upward trajectory leading into 2024.

Future trends to watch for include:

The impact of inflation and economic factors on labor costs.
Potential technological advancements that could affect labor productivity and cost.
Regulatory changes in labor laws that may influence costs in the industry.