The market for animal feeds (excluding dog or cat food) in Romania reached a value of 650.98 million Euros in 2023. Over the past decade, the market experienced fluctuations with a sharp decline in 2017 and notable recovery in subsequent years. The average annual growth rate over the last five years was 2.23%. Year-on-year variations in recent years show moderate growth, with a 0.94% increase from 2022 to 2023.
Future trends to watch for include:
- Potential market expansion driven by increased demand for livestock.
- Technological advancements in feed production improving efficiency and nutritional value.
- The impact of EU agricultural policies on market dynamics.
How does Romania rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value?
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 11,894,000,000 | 2023 | +1.11% | +1.79% | View data |
| 2 | 2 Germany | 10,140,000,000 | 2023 | +1.24% | +0.75% | View data |
| 3 | 3 France | 9,272,400,000 | 2023 | +0.76% | -0.41% | View data |
| 4 | 4 United Kingdom | 7,928,600,000 | 2023 | +0.88% | +0.49% | View data |
| 5 | 5 Italy | 7,248,700,000 | 2023 | +0.72% | +0.73% | View data |
| 13 | 13 Czech Republic | 1,073,000,000 | 2023 | +1.09% | +1.72% | View data |
| 14 | 14 Finland | 839,100,000 | 2023 | -1.68% | -1.89% | View data |
| 15 | 15 Romania | 650,980,000 | 2023 | +0.94% | +2.23% | |
| 16 | 16 Croatia | 348,810,000 | 2023 | +1.68% | +0.055% | View data |
| 17 | 17 Slovenia | 250,500,000 | 2023 | +2.21% | +3.83% | View data |
