In 2023, the number of enterprises in Germany's prepared animal feeds sector was 718. Forecasts indicate a positive growth trend, with an increase to 734 enterprises in 2024. The sector is expected to grow to 798 enterprises by 2028. This represents a consistent year-on-year growth, with an average annual growth rate (CAGR) of approximately 2.14% over the five-year period from 2024 to 2028.

Future trends to watch for:

Increasing demand for specialized and premium animal feed products driven by rising pet ownership and a focus on pet health.
Technological advancements facilitating more efficient production processes and product innovation.
Potential regulatory changes affecting production standards and practices in the animal feed sector.