The market size value per capita for animal feeds excluding dog or cat food in Belgium decreased from 334 Euros in 2013, reaching a low of 278.72 Euros in 2016. It then rose to 303.02 Euros in 2023. The year-on-year variation shows a minor increase from 2022 to 2023, with a modest overall compound annual growth rate (CAGR) over the last five years. While the value per capita demonstrates a relatively stable market, it suggests a slight recovery following previous declines.
Future trends to watch for:
- Shifts in consumer demand toward more sustainable and organic feed options.
- Impacts of economic and political factors on agricultural feed production and costs.
- Technological advancements enhancing feed efficiency and production processes.
How does Belgium rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value Per Capita?
| # | 20 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 496.57 | 2023 | View data | ||
| 2 | 2 Netherlands | 385.76 | 2023 | View data | ||
| 3 | 3 Belgium | 303.02 | 2023 | |||
| 4 | 4 Spain | 254.12 | 2023 | View data | ||
| 5 | 5 Portugal | 195.31 | 2023 | View data | ||
