In 2023, the market for preparations for animal feeds in France (excluding dog or cat food) stood at approximately 9.275 billion euros. From 2024 to 2028, the forecasted market value shows steady growth, increasing from 9.342 billion euros to 9.6134 billion euros. This represents a consistent upward trend with year-on-year growth rates averaging around 0.73%. The compound annual growth rate (CAGR) over this period is estimated at approximately 0.8%, indicating modest yet stable market expansion.
Looking forward, several trends should be monitored closely. Key factors include advancements in feed technology, increasing consumer awareness about sustainable practices, and regulatory changes affecting feed ingredients. Additionally, shifts in global trade dynamics and the impact of climate change on crop yields could influence market conditions significantly.
