The employment in the prepared farm animal feeds sector in France is forecasted to decline from 6.87 thousand employees in 2024 to 5.21 thousand by 2028. This represents a consistent year-on-year decrease. The number of employees stood at 7.30 thousand in 2023, indicating a notable shrinkage. The sector's decline is reflected in a compounded annual growth rate (CAGR) that suggests a steady average decrease each year over the five-year period ending in 2028.
Future trends to watch include:
- Automation and technological advances potentially reducing labor needs.
- Shifts in agricultural policies affecting production scopes.
- Industry adapting to sustainability and environmental impacts which might influence employment dynamics.