The number of enterprises in the prepared animal feeds sector in France is projected to decrease steadily from 260 in 2024 to 203 by 2028. This forecast indicates a persistent decline, with a year-on-year decrease of approximately 6% to 7%. The substantial reduction is consistent across the forecast period, reflecting potential market consolidation or increased competition that may be squeezing smaller enterprises out.
Key trends to watch include:
- The impact of larger companies potentially dominating the market, influencing smaller players' viability.
- Regulatory changes related to animal nutrition that may drive market dynamics.
- Innovation in feed technology, possibly altering business opportunities and market structure.