The gross investment in the prepared animal feeds sector in Italy has shown significant fluctuations over the past decade, peaking in 2014 at 154.7 million euros and troughing in 2015 with 89.7 million euros. From 2021 to 2023, the values showcased a slight decline from 113.9 to 113.4 million euros. On a year-on-year basis, the shift from 2022 to 2023 showed a marginal decrease of -0.18%. The overall CAGR for the past five years stood at approximately 0.48%, suggesting a generally stable but stagnant sector.
Future trends indicate minimal changes from 2024 to 2028, with the forecast predicting a slight decline in gross investment, reaching 113.0 million euros by 2028. The forecasted five-year CAGR between 2024 and 2028 is -0.05%, indicating a nearly flat growth rate with a minor descending trend.
Key future trends to watch for include:
- Potential impacts of regulatory changes and environmental policies on the sector.
- Technological advancements and innovations in animal feed production.
- Shifts in consumer demand towards sustainable and organic animal feed options.
- Market consolidation and strategic investments by leading industry players.
