The market for preparations for animal feeds (excluding dog or cat food) in Germany reached a size of 10.14 billion Euros in 2023, following an upward trend with a year-on-year growth of 1.24%. Over the last decade, the market has seen fluctuations, with notable year-on-year increases in 2018 and 2021 and slight declines in other years. The compound annual growth rate (CAGR) over the past five years is approximately 0.75%, indicating steady but modest growth.
Future trends to watch for include:
- The impact of sustainability trends on feed production and sourcing.
- Technological advancements in feed ingredients to improve animal health and productivity.
- Regulatory changes in agricultural policies within the EU affecting feed formulators.
How does Germany 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% | |
| 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 |
