In 2023, France's import of animal feed stood at a prior-year value, as all forecasts begin in 2024. The forecast predicts a gradual increase from 1.4478 billion USD in 2024 to 1.5696 billion USD in 2028. This equates to a Compound Annual Growth Rate (CAGR) indicative of steady growth in this sector over the forecasted period.
Future trends to watch include:
- Supply chain volatility impacting import prices.
- Shifts in consumer demand for sustainably sourced feed.
- Regulatory changes affecting import tariffs or restrictions.