The European prepared animal feeds industry showed notable production values across several countries in 2023. Spain, Germany, and the Netherlands topped the list with Spain leading at €15.32 billion. Most countries saw growth, with significant year-on-year increases observed in Hungary, Lithuania, and Romania. Conversely, Finland, Sweden, and Iceland experienced declines, with Iceland seeing the most substantial decrease. Over the past five years, growth has been uneven, with some countries maintaining a steady average annual increase and others facing challenges.
Looking forward, key trends to monitor include:
- Increasing demand for sustainable and organic animal feed, driven by consumer preferences for healthier products.
- Potential market consolidation as companies look to increase efficiency and reduce costs.
- Adoption of advanced technologies and innovations to enhance productivity and quality in feed production.
- Impact of regulatory changes and trade agreements on intra-European and international feed markets.
Top countries in Prepared Animal Feeds Production Value by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 15,320 | 2023 | +3.02% | +2.95% | View data |
| 2 | 2 Germany | 10,690 | 2023 | +2.31% | +0.99% | View data |
| 3 | 3 Netherlands | 9,550 | 2023 | +2.58% | +3.36% | View data |
| 4 | 4 France | 8,120 | 2023 | -1.23% | +2.03% | View data |
| 5 | 5 United Kingdom | 6,720 | 2023 | +0.18% | +0.29% | View data |
| 6 | 6 Poland | 5,220 | 2023 | +3.56% | +1.5% | View data |
| 7 | 7 Italy | 5,130 | 2023 | -0.012% | +0.11% | View data |
| 8 | 8 Belgium | 3,830 | 2023 | +0.71% | +0.7% | View data |
| 9 | 9 Norway | 3,670 | 2023 | +2.94% | +3.49% | View data |
| 10 | 10 Denmark | 2,030 | 2023 | +0.58% | -4.15% | View data |
