In 2023, prepared farm animal feeds in Germany accounted for a certain baseline of hours worked. The forecast from 2024 to 2028 predicts an upward trend, with hours worked increasing yearly. From 2024 to 2025, there is a predicted increase of approximately 2.75%, followed by a consistent upward trend with slight year-on-year increases through to 2028. The five-year Compound Annual Growth Rate (CAGR) suggests a steady average growth per year.
Future trends to watch for include:
- Technological advancements in feed production potentially altering labor dynamics.
- Environmental regulations impacting operational hours.
- Market demand fluctuations driving labor needs.
- Potential shifts in global supply chains affecting the industry.