The German market for animal feed preparations, excluding dog or cat food, is projected to grow steadily from 2024 through 2028. In 2023, the market size was €10.263 billion. Forecasts indicate incremental annual increases, with values reaching €10.743 billion by 2028.
Year-on-year growth from 2024 to 2028 is modest, averaging around 1%, reflecting stable market conditions with minimal drastic fluctuations. The Compound Annual Growth Rate (CAGR) over five years mirrors this pattern, further underscoring the steady yet conservative expansion.
Future trends to watch for include:
- Increasing demand for sustainable and organic animal feed ingredients.
- Technological advancements in feed production processes.
- Regulatory changes influencing feed formulation and safety standards.
- Shifts in agricultural practices that impact feed components.