The market for maize feed in France has seen significant fluctuations over the past decade, with values peaking at 6.72 million metric tons in 2014. As of 2023, the volume stood at 4.33 million metric tons, reflecting a consistent downward trend. Notably, the year-on-year variations have shown significant declines, especially in 2015 (-21.73%) and 2018 (-21.27%). Recent years have seen smaller decreases, with 2023 experiencing a -2.89% change. The compound annual growth rate (CAGR) over the last five years has averaged -1.66%, indicating a steady decline in the volume of maize feed used.
Forecasts for the future predict a continuous downward trend, with the volume expected to decrease to 3.66 million metric tons by 2028. This suggests an average annual decline of -2.67% over the next five years, amounting to a total reduction of 12.67% over this period.
Future trends to watch for include changes in agricultural policies, the impact of climate change on crop yields, and shifts in demand for alternative feed sources, which could significantly affect the maize feed market in France.
