In 2023, the turnover per employee in France's prepared farm animal feeds sector stood at 590.0 thousand euros. Forecasts indicate a downward trend, with values predicted to decline annually from 576.3 thousand euros in 2024 to 523.2 thousand euros by 2028. Year-on-year percentage drops reflect a gradual decrease, averaging a Compound Annual Growth Rate (CAGR) of roughly -3% over the five-year period.
Future trends to watch for include:
- Technological advancements in production efficiency.
- Shifts in regulatory frameworks impacting production costs.
- Changes in animal feed ingredients due to sustainability pressures.
- Market demand fluctuations driven by livestock industry dynamics.