The forecasted market size for animal feeds (excluding dog or cat food) in France shows a slight decrease from 2024 to 2028. The volume is expected to decline from 19.952 billion kilograms in 2024 to 19.853 billion kilograms by 2028. This indicates a gradual year-on-year decline in the market volume. As of 2023, the volume would likely have been higher, marking the beginning of this downward trend. The compounded annual growth rate (CAGR) over these five years reflects a minimal annual decrease.
Future trends to watch for include:
- Shifts in livestock farming practices impacting feed demand.
- Increases in sustainable feed alternatives.
- Regulatory changes influencing feed compositions and ingredient usage.
