The French prepared animal feeds sector is witnessing a significant decline in employment, with the number of employees dropping from 13.37 thousand in 2024 to an expected 11.69 thousand by 2028. This represents a year-on-year reduction of approximately 3% to 4%. The compound annual growth rate (CAGR) over this forecast period is anticipated to be around -3.3%, reflecting a persistent downturn in employment numbers.
Looking ahead, trends to monitor involve technological advancements and automation, which might further impact employment levels. Additionally, evolving regulatory standards and potential shifts in consumer demand for sustainable and innovative animal feed products could influence sector dynamics.
