The forecast for the import of animal feed preparations to France shows a steady increase from 2024 through 2028. In 2023, the imports stood at 830 million kilograms. Year-on-year growth rates demonstrate a consistent upward trend with an annual increase of approximately 2.66% between 2024 and 2028. This results in a compound annual growth rate (CAGR) of about 2.5% over the forecasted period.
Future trends to watch for include:
- Potential fluctuations in global grain prices that could affect the cost of animal feed imports.
- Changes in EU agricultural policies which might impact importation practices or volumes.
- Shifts in domestic animal husbandry practices affecting demand for different types of feed.
- Emerging sustainability and environmental concerns prompting changes in feed composition or sourcing.