In 2023, Spain dominated the European prepared farm animal feeds production value share, significantly outpacing Germany and the United Kingdom. Notable increases were seen in countries like Poland and Lithuania, showcasing strong growth despite a challenging economic environment. Conversely, Ireland and Sweden experienced notable declines. Over a five-year period, the compound annual growth rate (CAGR) showed consistent growth for top producers like Spain, while smaller markets like Slovakia also reported impressive gains.
Future trends to watch include potential shifts in trade dynamics due to regulatory changes, increasing emphasis on sustainability and innovation, and the impacts of global economic fluctuations. Adaptation and growth in alternative protein sources could also play a pivotal role in reshaping the market landscape.
Top countries in Prepared Farm Animal Feeds Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 25.36 | 2023 | +2.47% | +2.59% | View data |
| 2 | 2 Germany | 13.49 | 2023 | +4.87% | +2.39% | View data |
| 3 | 3 United Kingdom | 8.98 | 2023 | +0.3% | +0.3% | View data |
| 4 | 4 Poland | 8.47 | 2023 | +3.59% | +5.83% | View data |
| 5 | 5 Italy | 7.89 | 2023 | -0.26% | -0.048% | View data |
| 6 | 6 France | 7.78 | 2023 | -4.78% | +1.81% | View data |
| 7 | 7 Norway | 6.78 | 2023 | +3.47% | +3.81% | View data |
| 8 | 8 Belgium | 6.38 | 2023 | +0.44% | +1.92% | View data |
| 9 | 9 Portugal | 2.53 | 2023 | +0.11% | +0.33% | View data |
| 10 | 10 Czech Republic | 1.72 | 2023 | +3.03% | +2.54% | View data |
