From 2013 to 2016, employment in Finland's prepared animal feeds sector generally experienced growth. However, from 2017 onward, a declining trend can be observed, with minor fluctuations. In 2023, employment stood at 691 FTEs, representing a slight year-on-year decline of 0.43%. The average CAGR over the past five years is -2.17%, indicating a consistent downturn. Projections for the forthcoming years suggest a continued, albeit slower, decline with a forecasted 5-year CAGR of -0.26% and an overall reduction of 1.31% by 2028.
Future trends to watch for include technological advancements in feed production, potential regulatory changes affecting the sector, and shifting demand patterns driven by evolving consumer preferences for animal protein sources and sustainability concerns.