In 2023, the number of enterprises involved in prepared farm animal feeds in Italy stood at 313. The forecast for 2024 shows a decrease to 301 enterprises. By 2028, this number is anticipated to decline further to 253 enterprises, representing a steady downward trend. The year-on-year variation indicates consistent reductions: 4% for 2024, 2025, and 2026, followed by a 4.3% decline in 2027 and 4.5% in 2028. This reflects an average annual decline (CAGR) of approximately 4% over the next five years.
Future trends to watch for include advances in technology and automation in feed production, regulatory changes affecting market structures, and shifts in animal nutrition practices possibly influencing enterprise numbers.
