In 2023, the number of enterprises in the prepared animal feeds sector in Italy was at a higher level compared to the forecasted downward trend from 2024 to 2028. The forecast indicates a consistent decline from 426 enterprises in 2024 to 394 in 2028, signaling an ongoing contraction in the sector. The year-on-year decrease suggests intensified industry challenges. The compound annual growth rate (CAGR) for the period from 2024 to 2028 reflects a negative growth trend.

Future trends to watch for include:

Increasing consolidation in the sector, possibly due to competitive pressures or regulatory challenges.
The impact of technological advancements and sustainability initiatives on smaller enterprises.
Potential shifts in consumer demand, driving changes in production practices and business models.