Between 2013 and 2023, the turnover in prepared animal feeds in Poland experienced significant fluctuations, growing from 8.61 billion Zloty in 2013 to 14.71 billion Zloty in 2023. The early years showed robust growth, particularly in 2015 with a 17.1% year-on-year increase. However, the period also saw notable declines, such as a -10.89% drop in 2017. Recently, the sector grew steadily, with a 4.6% increase in 2023. The Compound Annual Growth Rate (CAGR) over the last five years stood at 6.41%.
Future trends to watch for:
- Continued steady growth with a forecasted 5-year CAGR of 3.06%
- An emphasis on premium and specialized animal feed products
- Increased consumer awareness and demand for sustainable and organic options
- Technological advancements in feed production and nutritional optimization