The market size value per capita for preparations for animal feeds (excluding dog or cat food) in Croatia has shown a steady increase in recent years. From 2013 to 2017, values fluctuated slightly, but from 2018 onwards, the market exhibited a clear upward trajectory. By 2023, the market value per capita stood at 90.96 Euros. The year-on-year growth for the last two years was notably positive, with the value increasing by approximately 2.52% from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) was calculated to be around 1.38%, indicating a healthy and sustainable growth trend in this sector.
Future trends to watch for include:
- Potential impacts of environmental and regulatory changes on production costs and pricing strategies.
- Innovations in feed formulations that could improve efficiency or meet specific dietary needs.
- Rising consumer awareness and demand for sustainable and organic feed options.
- Technological advancements in feed production processes and logistics.
How does Croatia rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value Per Capita?
| # | 20 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 496.57 | 2023 | View data | ||
| 2 | 2 Netherlands | 385.76 | 2023 | View data | ||
| 3 | 3 Belgium | 303.02 | 2023 | View data | ||
| 4 | 4 Spain | 254.12 | 2023 | View data | ||
| 5 | 5 Portugal | 195.31 | 2023 | View data | ||
| 15 | 15 Czech Republic | 100.54 | 2023 | View data | ||
| 16 | 16 Estonia | 94 | 2023 | View data | ||
| 17 | 17 Croatia | 90.96 | 2023 | |||
| 18 | 18 Latvia | 68.42 | 2023 | View data | ||
| 19 | 19 Bulgaria | 36.06 | 2023 | View data | ||