Between 2013 and 2023, Hungary's market size value per capita for preparations for animal feeds (excluding dog or cat food) generally showed an upward trend, rising from €92.47 to €127.83. From 2021 to 2023, there was a consistent increase: 1.8% in 2022 and 1.6% in 2023, reflecting solid market growth in recent years. Examining the compound annual growth rate (CAGR) from 2018 to 2023 reveals an annual increase of approximately 1.8% on average, strengthening the market's position.
Future trends to watch for:
- Potential impact of sustainable practices in agriculture on feed preparation.
- Technological advancements in feed production driving efficiency.
- Demographic shifts affecting livestock numbers and feed demand.
How does Hungary rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value Per Capita?
| # | 20 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 496.57 | 2023 | View data | ||
| 2 | 2 Netherlands | 385.76 | 2023 | View data | ||
| 3 | 3 Belgium | 303.02 | 2023 | View data | ||
| 4 | 4 Spain | 254.12 | 2023 | View data | ||
| 5 | 5 Portugal | 195.31 | 2023 | View data | ||
| 8 | 8 France | 135.82 | 2023 | View data | ||
| 9 | 9 Sweden | 128.04 | 2023 | View data | ||
| 10 | 10 Hungary | 127.83 | 2023 | |||
| 11 | 11 Italy | 120.78 | 2023 | View data | ||
| 12 | 12 Germany | 117.81 | 2023 | View data | ||
