In 2023, the import value of residues, wastes of food industry, and animal fodder to Germany stood at an estimated $4.5 billion. With forecasted values rising from $4.5623 billion in 2024 to $4.8043 billion in 2028, Germany is expected to see a modest growth rate. The year-on-year growth is steady, indicating positive economic and industry health. The compounded annual growth rate (CAGR) over this five-year period reflects consistent demand and supply dynamics in the market.
Future trends to watch for include:
- Impact of environmental policies on food residue management and recycling.
- Technological advancements in animal fodder production.
- Global market dependencies and trade agreements that may influence import patterns.
- Potential shifts in dietary preferences impacting demand for animal fodder.
- Economic factors such as currency exchange rates and overall economic stability in Germany.