In 2023, the number of young high growth enterprises, or gazelles, in the agricultural raw materials and live animals wholesale sector demonstrated notable divergence across Europe. Hungary leads with 4 enterprises, experiencing a significant growth rate of 14.87% compared to the previous year. Similarly, Italy saw a 14.87% increase with 2 enterprises. The remaining countries—Latvia, Romania, Czech Republic, Slovakia, and Portugal—each reported one enterprise, with no year-on-year growth.
Future trends to watch include:
- Potential for growth in markets currently showing stagnation such as Latvia, Romania, and Portugal.
- Influence of agricultural innovation and sustainability efforts on new enterprise development.
- Impact of economic policies and support frameworks aimed at nurturing high growth enterprises in this sector.
Top countries in Number of Young High Growth Enterprises (Gazelles) in Agricultural Raw Materials and Live Animals Wholesale by Country
| # | 7 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 4 | 2023 | 0% | +14.87% | View data |
| 2 | 2 Italy | 2 | 2023 | 0% | +14.87% | View data |
| 3 | 3 Latvia | 1 | 2023 | 0% | View data | |
| 4 | 4 Romania | 1 | 2023 | 0% | 0% | View data |
| 5 | 5 Czech Republic | 1 | 2023 | 0% | 0% | View data |
| 6 | 6 Slovakia | 1 | 2023 | 0% | View data | |
| 7 | 7 Portugal | 1 | 2023 | 0% | 0% | View data |
