The market for animal feed preparations in Portugal, excluding dog or cat food, was valued at 2.001 billion euros in 2023. Over the past decade, the market experienced fluctuations with a general decline until 2016, followed by a period of stability and slight growth, leading to a decline again in recent years. Year-on-year variations show minor declines of 0.25% in 2022 and 0.24% in 2023. The 5-year CAGR indicates a modest average annual growth of 0.57%.
Future trends to watch for:
- Shifts in animal nutrition preferences and regulatory changes.
- Advancements in feed technology and sustainability practices.
- Potential market impacts from climate change and agricultural policy.
How does Portugal rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value?
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 11,894,000,000 | 2023 | +1.11% | +1.79% | View data |
| 2 | 2 Germany | 10,140,000,000 | 2023 | +1.24% | +0.75% | View data |
| 3 | 3 France | 9,272,400,000 | 2023 | +0.76% | -0.41% | View data |
| 4 | 4 United Kingdom | 7,928,600,000 | 2023 | +0.88% | +0.49% | View data |
| 5 | 5 Italy | 7,248,700,000 | 2023 | +0.72% | +0.73% | View data |
| 8 | 8 Belgium | 3,532,400,000 | 2023 | +0.53% | +0.44% | View data |
| 9 | 9 Denmark | 2,917,300,000 | 2023 | +1.17% | +0.7% | View data |
| 10 | 10 Portugal | 2,001,000,000 | 2023 | -0.24% | +0.57% | |
| 11 | 11 Hungary | 1,347,400,000 | 2023 | +3.33% | +2.67% | View data |
| 12 | 12 Sweden | 1,327,900,000 | 2023 | -0.29% | +2.29% | View data |
