The Preparations for Animal Feeds market in Hungary, excluding dog or cat food, experienced variable growth from 2013 to 2023. By 2023, the market volume reached 290.57 kilograms per capita, reflecting a positive trend over the decade. The market saw significant increases from 2013, with an observable peak in 2020. However, a slight dip occurred in 2021, followed by recovery in subsequent years. From 2019 to 2023, the market's compound annual growth rate (CAGR) was notably robust, with an average annual increase. This illustrates steady demand in this sector consistently sustaining growth.
Future trends to watch for include:
-Potential impacts of economic fluctuations on feed production and consumption.
-Technological advancements in feed production that could enhance efficiency and sustainability.
-Changes in agricultural practices and livestock demographics influencing feed demand.
How does Hungary rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Volume Per Capita?
| # | 21 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 850.09 | 2023 | View data | ||
| 2 | 2 Netherlands | 792.66 | 2023 | View data | ||
| 3 | 3 Belgium | 696.18 | 2023 | View data | ||
| 4 | 4 Spain | 582.82 | 2023 | View data | ||
| 5 | 5 Portugal | 431.15 | 2023 | View data | ||
| 6 | 6 Finland | 360.81 | 2023 | View data | ||
| 7 | 7 Poland | 292.61 | 2023 | View data | ||
| 8 | 8 Hungary | 290.57 | 2023 | |||
| 9 | 9 France | 290.5 | 2023 | View data | ||
| 10 | 10 Germany | 279.53 | 2023 | View data | ||
