Forecast: Millet Feed in France

In 2023, the millet feed market in France stood at an actual consumption level that aligns with the forecasted values beginning 2024. The market is projected to maintain a stable consumption of 4.0 thousand metric tons in 2024 and 2025. However, this stability is set to decline significantly in 2026 with a 25% drop to 3.0 thousand metric tons, followed by another 33% decrease to 2.0 thousand metric tons in 2027. This trend continues at a steady level in 2028. The five-year compound annual growth rate (CAGR) indicates a downward trend.

Future trends to watch for include:

  • Potential shifts in agricultural policies promoting diversified feed usage.
  • Environmental concerns driving changes in feed choices.
  • Developments in alternative feed technology potentially affecting millet demand.

Top Countries about Millet