As of 2023, the number of enterprises in the prepared animal feeds sector in France stood at 275. Forecasts from 2024 predict a consistent decline, with enterprise numbers dropping annually by approximately 5.3% in 2025, 6.1% in 2026, 6.1% in 2027, and 6.5% in 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) shows an average decrease of approximately 5.97% annually.
Future trends to watch for include:
- Potential consolidation within the industry as smaller enterprises exit the market.
- Technological advancements and automation possibly influencing operational efficiencies and enterprise sustainability.
- Impact of environmental regulations and consumer preferences on production processes.
