The European Prepared Animal Feeds market in 2024 showed substantial variations across different countries. Spain remains the leader with a turnover of €16.76 million, followed by Germany at €13.17 million and France at €11.19 million. The Netherlands and the United Kingdom also contribute significantly, with €10.62 million and €8.13 million, respectively. Smaller markets like Latvia and Iceland show relatively minor turnovers, but collectively, the region delivers a robust performance.
Year-on-year analysis from 2023 to 2024 reveals growth in several markets, with notable increases in Romania (9.22%) and Hungary (4.85%). Conversely, slight declines have been seen in Germany (-0.13%), Denmark (-0.024%), Croatia (-0.44%), Iceland (-5.48%), and Latvia (-0.59%). Despite overall positive trends, volatility in smaller markets suggests fluctuating demand or supply challenges.
Future trends to watch include technological advancements in feed formulations, improved supply chain efficiencies, and the influence of regulatory changes across Europe. Sustainability initiatives and attention to environmental impacts will also shape the industry’s growth trajectory. Close monitoring of economic conditions in major markets like Spain, Germany, and France will be crucial for understanding overall market dynamics.
Top countries in Prepared Animal Feeds Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 16.76 | 2023 | +2.61% | +2.52% | View data |
| 2 | 2 Germany | 13.17 | 2023 | +1.9% | -0.13% | View data |
| 3 | 3 France | 11.19 | 2023 | -0.71% | +2.99% | View data |
| 4 | 4 Netherlands | 10.62 | 2023 | +2.27% | +3.23% | View data |
| 5 | 5 United Kingdom | 8.13 | 2023 | +0.26% | +0.41% | View data |
| 6 | 6 Poland | 6.92 | 2023 | +3.94% | +2.44% | View data |
| 7 | 7 Italy | 5.69 | 2023 | -0.088% | +0.28% | View data |
| 8 | 8 Belgium | 4.77 | 2023 | +1.5% | +2.43% | View data |
| 9 | 9 Norway | 4.06 | 2023 | +3.3% | +3.35% | View data |
| 10 | 10 Denmark | 3.41 | 2023 | +0.68% | -0.024% | View data |
