As of 2023, the sold production of farm cattle feeding preparations in Finland was valued at 218.60 million euros. The forecasted values indicate a steady increase from 220.22 million euros in 2024 to 226.72 million euros by 2028, reflecting a compound annual growth rate (CAGR) of approximately 0.95% over the five-year period.
Year-on-year analysis shows a growth trend with slight increases each year. Specifically, the value is expected to rise by 0.75% from 2024 to 2025, 0.73% from 2025 to 2026, 0.73% from 2026 to 2027, and 0.72% from 2027 to 2028. Over the past two years, the overall growth rate stands at a modest but consistent 1.43%.
Trends to watch for in the future include advancements in cattle nutrition technology, potential market shifts due to changing agricultural policies, and the impact of climate change on feed production and cattle farming practices. These factors could influence both production and market dynamics in the coming years.