Between 2013 and 2023, the gross investment in the prepared animal feeds sector in Germany displayed a general upward trend despite some fluctuations. Notably, a significant increase was observed in 2016, followed by a few dips and recoveries up to 2023. Specifically, the sector hit 285.7 million Euros in 2023, marking a stable growth over the past few years. On an annual basis, year-on-year variations and CAGRs indicate periods of both acceleration and deceleration, with a notable CAGR of 2.45% over the last five years leading to 2023. Forecast data from 2024 onwards shows a continued positive growth projection with an average annual CAGR of 2.5%, culminating in a 13.16% growth rate by 2028.
Future trends to watch for include:
- Increased demand for sustainable and organic animal feed products.
- Technological advancements in feed production and formulation.
- Shifts in regulatory frameworks impacting feed safety and quality standards.
- Economic factors such as inflation and supply chain disruptions influencing investment levels.
