The forecast data for employment in the prepared farm animal feeds sector in the UK shows an increasing trend from 2024 to 2028. In 2023, the employment was 10.2 thousand employees. The forecast indicates a modest annual increase in employment, leading to 10.6 thousand employees by 2028.
Notably, the year-on-year growth rate is consistent, suggesting steady industry growth. Over the next five years, the compounded annual growth rate (CAGR) signifies a stable expansion in workforce demand.
Future trends to watch include technological advancements in feed production, regulatory changes, and shifts in demand due to trends in livestock farming that may impact employment levels.
