In 2023, European countries showed varying wage share in prepared animal feeds, with Germany leading at €17.59 million, followed by France and the UK. Noteworthy growth was seen in Austria (10.6%), Lithuania (14.98%), and Romania (11.15%), while Finland, Sweden, Iceland, and Slovakia experienced declines. Over the past five years, certain countries demonstrated consistent annual growth in this sector, contributing to an overall positive trend in Europe.
Future trends to watch include:
- Continued investment in technology to boost productivity and efficiency.
- Influence of economic conditions, such as inflation and labor costs, on wages.
- Policy changes impacting the agriculture and pet industries.
- Expansion into emerging markets and increased export demand.
Top countries in Prepared Animal Feeds Wages and Salaries Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.59 | 2023 | +3.14% | +2.45% | View data |
| 2 | 2 France | 13.42 | 2023 | +0.96% | +2.43% | View data |
| 3 | 3 United Kingdom | 10.68 | 2023 | +1.31% | +1.59% | View data |
| 4 | 4 Netherlands | 9.91 | 2023 | +5.5% | +6.73% | View data |
| 5 | 5 Spain | 9.44 | 2023 | +3.14% | +4.83% | View data |
| 6 | 6 Poland | 5.56 | 2023 | +6.54% | +4.31% | View data |
| 7 | 7 Italy | 4.56 | 2023 | +0.42% | +1.61% | View data |
| 8 | 8 Belgium | 3.99 | 2023 | +9.24% | +2.77% | View data |
| 9 | 9 Austria | 3.81 | 2023 | +9.63% | +10.6% | View data |
| 10 | 10 Denmark | 3.41 | 2023 | +0.78% | +1.02% | View data |