The market for preparations for animal feeds (excluding dog or cat food) in Estonia reached a value of 122.42 million Euros in 2023. It experienced modest growth with a 2.12% year-on-year increase from 2022, following a similar growth rate the previous year. The compound annual growth rate (CAGR) over the past five years is recorded at 1.51%, indicating a steady recovery and positive upward momentum after disruptions in earlier years.
Looking ahead, watch for trends such as:
- Sustainability practices influencing feed formulation.
- Increased demand for innovative and nutritionally enhanced animal feeds.
- Potential impacts of regulatory changes on market dynamics.
- Evolving consumer preferences impacting the livestock and dairy sectors.
How does Estonia rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value?
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 11,894,000,000 | 2023 | +1.11% | +1.79% | View data |
| 2 | 2 Germany | 10,140,000,000 | 2023 | +1.24% | +0.75% | View data |
| 3 | 3 France | 9,272,400,000 | 2023 | +0.76% | -0.41% | View data |
| 4 | 4 United Kingdom | 7,928,600,000 | 2023 | +0.88% | +0.49% | View data |
| 5 | 5 Italy | 7,248,700,000 | 2023 | +0.72% | +0.73% | View data |
| 18 | 18 Bulgaria | 248,970,000 | 2023 | +1.26% | +1.89% | View data |
| 19 | 19 Latvia | 125,590,000 | 2023 | +0.72% | +1.73% | View data |
| 20 | 20 Estonia | 122,420,000 | 2023 | +2.12% | +1.51% | |
