In 2023, the turnover for Prepared Animal Feeds in the Netherlands stood at 10.15 billion Euros. The forecast for 2024 is 10.35 billion Euros, reflecting a year-on-year increase of 1.97%. The following years show a steady growth trajectory: 2025 at 10.57 billion Euros (2.13% increase), 2026 at 10.78 billion Euros (1.99% increase), 2027 at 11.0 billion Euros (2.04% increase), and 2028 at 11.21 billion Euros (1.91% increase). The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately 2.01%, indicating consistent market growth over the five-year period.
Future trends to watch for:
- Technological advancements in animal feed production.
- Increasing demand for sustainable and eco-friendly feed options.
- Market consolidation through mergers and acquisitions.
- Regulatory changes impacting feed ingredients and manufacturing processes.
