The Romanian market for preparations for animal feeds, excluding dog or cat food, reached 1,279.3 million kilograms in 2023. The market experienced various year-on-year changes, including an increase of 1.7% from 2022 to 2023. Over the past five years, the compound annual growth rate (CAGR) was 3.55%, indicating steady growth despite some fluctuations, such as the notable decline in 2017 and resurgence in 2019.
Looking ahead, the market is poised for further development driven by:
- Technological advancements in feed manufacturing.
- Rising demand for high-quality livestock products.
- Potential impacts from global feed regulations and sustainability practices.
How does Romania rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Volume?
| # | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 27,624,000,000 | 2023 | +1.28% | +1.66% | View data |
| 2 | 2 Germany | 23,001,000,000 | 2023 | -0.74% | -0.28% | View data |
| 3 | 3 France | 19,978,000,000 | 2023 | -0.13% | -0.6% | View data |
| 4 | 4 United Kingdom | 16,104,000,000 | 2023 | +0.37% | +0.046% | View data |
| 5 | 5 Netherlands | 13,503,000,000 | 2023 | +1.6% | -0.045% | View data |
| 13 | 13 Sweden | 2,285,400,000 | 2023 | +0.75% | -0.051% | View data |
| 14 | 14 Finland | 1,916,800,000 | 2023 | +2.81% | -1.29% | View data |
| 15 | 15 Romania | 1,279,300,000 | 2023 | +1.7% | +3.55% | |
| 16 | 16 Bulgaria | 786,550,000 | 2023 | +1.88% | +2.32% | View data |
| 17 | 17 Croatia | 699,030,000 | 2023 | +4.67% | +4.44% | View data |