The projected expenditure on R&D in Agricultural and Veterinary Sciences in Germany exhibits a steady increase from 2024 to 2028. In 2023, the expenditure stood at 905.07 million USD PPP, with a forecasted increase of 2.5% annually. This upward trend denotes a continuous commitment to enhancing research capabilities in these sectors. With this trajectory, the 5-year compound annual growth rate (CAGR) will approximate 2.5%.
Future trends to watch for:
- Technological advancements in agriculture and veterinary sciences leading to potentially higher returns on investment.
- Policy changes and funding allocations at both national and EU levels that may impact future budgets.
- Increasing demand for sustainable practices may influence research priorities and resource allocation.
