In 2023, the value added of the agriculture, forestry, and fishing sector in Germany stood at a level lower than projected for 2024. From 2024 to 2028, a steady increase is anticipated with annual growth rates: 7.4% in 2025, 6.4% in 2026, 6% in 2027, and 5.7% in 2028. This denotes an average compound annual growth rate (CAGR) of around 6.3% over these years.
Future trends to watch for:
- Technological advancements improving productivity and sustainability.
- Potential impacts of climate change and regulatory shifts on production.
- Market dynamics influenced by global trade policies and consumer preferences for sustainable practices.
