In Germany, the labor cost per FTE for prepared farm animal feeds showed consistent growth from 2023 onwards, with a forecasted increase from 54.4 thousand euros in 2024 to 57.5 thousand euros by 2028. This reflects a steady annual increase, with each year seeing rises of approximately 1.5%. The compound annual growth rate (CAGR) from 2024 to 2028 indicates a consistent upward trend. In 2023, the actual figure stood slightly lower, underlying this projected increase.

Future trends to watch for:

Potential impact of automation and technological advancements on labor costs.
Influence of regulatory changes in labor markets on wage growth.
Global economic conditions affecting input costs and profitability margins in the feed sector.