The number of persons employed in the prepared animal feeds sector in Italy is expected to decline steadily from 2024 to 2028. Starting at 7.4 thousand employees in 2024, the workforce decreases to 7.22 thousand by 2028, reflecting an annual reduction in employment. Between 2024 and 2025, a reduction of approximately 0.68% is noted, continuing to decline at a steady pace with similar percentages each subsequent year. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) suggests a declining trend, indicating consistent workforce reductions.
Future trends to watch for:
- Technological advancements potentially reducing labor requirements.
- Impact of environmental regulations influencing production processes.
- Growing demand for specialized animal feeds may alter employment needs.
- Possible economic factors affecting the wider agricultural industry.