The Swedish market for preparations for animal feeds (excluding dog or cat food) stands at 1.3279 billion euros in 2023. Over the past decade, the market's value fluctuated significantly, with a notable decline from 2013 to 2016 and a recovery trend beginning in 2017. The last two years saw minimal contraction, as evidenced by slight year-on-year declines in 2022 and 2023. The Compound Annual Growth Rate (CAGR) over the last five years is 2.29%, indicating moderate growth.
Future trends to watch for:
- Technological advancements in feed production, potentially driving efficiency and cost-effectiveness.
- Increased focus on sustainable and organic feed options, which may influence market dynamics.
- Changes in livestock production trends and their impact on feed demand.
- Potential regulatory shifts affecting feed ingredients and production processes.
How does Sweden 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% | View data |
| 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 |
| 10 | 10 Portugal | 2,001,000,000 | 2023 | -0.24% | +0.57% | View data |
| 11 | 11 Hungary | 1,347,400,000 | 2023 | +3.33% | +2.67% | View data |
| 12 | 12 Sweden | 1,327,900,000 | 2023 | -0.29% | +2.29% | |
| 13 | 13 Czech Republic | 1,073,000,000 | 2023 | +1.09% | +1.72% | View data |
| 14 | 14 Finland | 839,100,000 | 2023 | -1.68% | -1.89% | View data |
