The UK market for animal feed preparations (excluding dog and cat food) has shown a mixed trend over the past decade. By 2023, it reached 7.9286 billion Euros. From 2013 to 2017, there was a general decline, highlighted by significant drops in 2016 and 2017. The market showed a recovery phase from 2018 onwards, with average yearly gains. The period from 2019 to 2023 shows a steady growth with minimal year-on-year changes, underscoring market stability.
Future trends to watch for:
- Technological advancements in feed preparation could enhance nutritional value.
- Sustainability concerns might drive a shift to eco-friendlier feed sources.
- Regulatory changes in agricultural policies post-Brexit may impact the market dynamics.
How does the United Kingdom rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value?
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 11,894,000,000 | 2023 | +1.11% | +1.79% | View data |
| 2 | 2 Germany | 10,140,000,000 | 2023 | +1.24% | +0.75% | View data |
| 3 | 3 France | 9,272,400,000 | 2023 | +0.76% | -0.41% | View data |
| 4 | 4 United Kingdom | 7,928,600,000 | 2023 | +0.88% | +0.49% | |
| 5 | 5 Italy | 7,248,700,000 | 2023 | +0.72% | +0.73% | View data |
| 6 | 6 Netherlands | 6,803,200,000 | 2023 | +0.78% | +0.33% | View data |