The Gross Value Added (GVA) per employee in the UK’s prepared animal feeds sector is anticipated to decline from 74.07 thousand euros in 2024 to 62.36 thousand euros by 2028. From 2023 to 2024, there is no data available for comparison, but the year-on-year decrease from 2024 onwards reveals a downward trend: -4.08% in 2025, -4.15% in 2026, -4.26% in 2027, and -4.35% in 2028. This combines to a compound annual growth rate (CAGR) of approximately -4.21% over the five-year forecast period.
Future trends to monitor include:
- Industries adapting through innovation and technology to combat decreasing productivity.
- Potential impacts of regulatory changes or economic conditions affecting supply chains.
- Market dynamics as new competitors or alternative products emerge in the animal feed industry.
