The data for 2023 shows Italy leading in European private non-profit R&D expenditure in agricultural and veterinary sciences with 17.05 million euros, marking an increase from earlier at 13.59 million euros. Finland follows with 5.93 million euros, growing from 2.67 million euros. Portugal saw significant growth, climbing from 39.62 million euros to 2.55 million euros. Meanwhile, Estonia's expenditure is at 1.11 million euros, up from 18.3 million euros. Spain's spending remained virtually unchanged at 0.067 million euros. The CAGR over the past five years reflects divergent growth trends among these countries.
Future trends to monitor include:
- Increased emphasis on sustainability and climate resilience in agriculture.
- Funding shifts towards biotechnology and advanced veterinary solutions.
- Potential policy changes impacting non-profit investments in R&D across Europe.
- Growing collaboration between countries to address pan-European agricultural challenges.
Top countries in Private Non-Profit Expenditure on R&D in Agricultural and Veterinary Sciences by Country
| # | 5 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 17.05 | 2023 | +0.1% | +13.59% | View data |
| 2 | 2 Finland | 5.93 | 2023 | +7.66% | +2.67% | View data |
| 3 | 3 Portugal | 2.55 | 2023 | +0.55% | +39.62% | View data |
| 4 | 4 Estonia | 1.11 | 2023 | +3.44% | +18.3% | View data |
| 5 | 5 Spain | 0.067 | 2023 | 0% | View data |
