The number of persons employed in the prepared animal feeds sector in Turkey exhibited fluctuations over the 2013-2023 period, standing at 14.98 thousand in 2023. After a dip from 2015 to 2019, there was a rebound starting in 2020, with average annual growth rates gradually increasing up to 1.68% in 2023.
Year-on-Year Variations:
- 2022 to 2023: 1.42%
- 2021 to 2022: 1.63%
Compound Annual Growth Rate (CAGR):
- 2019 to 2023: 1.68%
The forecast indicates a steady growth trend from 2024 to 2028, with an expected CAGR of 0.71% and an overall projected increase of 3.59% by 2028. Future trends to watch for include technological advancements in feed production and potential shifts in livestock farming practices.
