The consumption of wheat feed in France has exhibited fluctuating trends over the past decade, starting from 7.37 million metric tons in 2014, reaching a peak of 9.76 million metric tons in 2015, and showing a general declining tendency thereafter. By 2023, the value stood at 7.05 million metric tons. Over the last two years, there was a year-on-year variation of -0.37%, and the Compound Annual Growth Rate (CAGR) averaged -1.49% per year over the past five years.
Forecast data up to 2028 suggest a continued slight decline in wheat feed consumption, with an anticipated CAGR of -0.3% over the next five years, and an overall forecast five-year growth rate at -1.48%. By 2028, the volume is expected to decrease to 6.92 million metric tons.
Future Trends to Watch For:
- Potential impacts of environmental sustainability practices on wheat feed demand.
- Technological advancements in agricultural production affecting wheat yields.
- Economic and policy shifts in the European Union influencing agricultural markets.
