The European market for animal feeds, excluding dog or cat food, exhibits diversified value shares by country. In 2023, Spain led with a notable market value, followed by Germany and France. While Spain experienced a positive year-on-year growth, Germany's growth was modest and France saw a slight decline. The UK, also a significant player, registered a small positive trend. Smaller markets like Slovenia and Romania demonstrated remarkable growth rates, indicating potential future market expansions. Over the past five years, Europe's animal feed market has demonstrated a stable yet moderate growth trajectory.
Future trends to watch in the European animal feeds market include increasing sustainability initiatives influencing production methods, the growing demand for specialized feeds due to advancements in animal nutrition, and emerging markets showing higher growth potential, particularly within Eastern Europe. These trends are poised to shape the competitive landscape and market dynamics moving forward.
Top countries in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 16.09 | 2023 | +1.11% | +1.79% | View data |
| 2 | 2 Germany | 13.72 | 2023 | +1.24% | +0.75% | View data |
| 3 | 3 France | 12.54 | 2023 | +0.76% | -0.41% | View data |
| 4 | 4 United Kingdom | 10.73 | 2023 | +0.88% | +0.49% | View data |
| 5 | 5 Italy | 9.81 | 2023 | +0.72% | +0.73% | View data |
| 6 | 6 Netherlands | 9.2 | 2023 | +0.78% | +0.33% | View data |
| 7 | 7 Poland | 7.91 | 2023 | +2.17% | +1.46% | View data |
| 8 | 8 Belgium | 4.78 | 2023 | +0.53% | +0.44% | View data |
| 9 | 9 Denmark | 3.95 | 2023 | +1.17% | +0.7% | View data |
| 10 | 10 Portugal | 2.71 | 2023 | -0.24% | +0.57% | View data |