The maize feed market in Kenya has experienced significant fluctuations over the past decade. In 2023, maize feed reached 178.0 thousand metric tons, continuing a steady increase from 163.0 thousand metric tons in 2020. The year-on-year variation for 2023 was 2.89%, and the compound annual growth rate (CAGR) over the last five years stood at 3.48%. Historically, the market saw substantial volatility, notably a dramatic 126.56% increase in 2016 followed by a more stabilized growth pattern in subsequent years.
Future trends to watch for include technological advancements in agricultural practices, potential impacts of climate change on crop yields, and government policies aimed at improving food security. These factors will likely influence the maize feed market’s projected 1.89% CAGR over the next five years, translating to a 9.84% growth rate by 2028.
