The price per unit for preparations for animal feeds (excluding dog or cat food) in the UK saw fluctuations from 2010 to 2019, with a notable increase between 2010 and 2014, reaching a peak of 0.53 Euros per kilogram. This was followed by a decline, stabilizing around 0.49 Euros per kilogram in 2019. Examining yearly variations, the most significant change was the 11.54% increase in 2012. From 2018 to 2019, the price rose by 2.08%. The five-year compound annual growth rate (CAGR) from 2015 to 2019 was roughly 1.09%.
Future trends to watch for include:
- Impact of global grain supply fluctuations on raw material costs.
- Potential regulatory changes affecting feed additives and compositions.
- The influence of sustainability and demand for organic feed preparations.
- Technological advancements improving production efficiency and reducing costs.
