In 2023, the Preparations for Animal Feeds market size value per capita in Italy was 120.78 Euros. Over the past decade, a noticeable downward trend occurred between 2013-2017, with values declining annually. However, from 2018 onward, the market rebounded slightly, showing consistent improvement through 2023.
Year-on-year, the sector experienced a modest increase of 0.63% from 2022 to 2023 and 0.51% from 2021 to 2022. The compound annual growth rate (CAGR) from 2018 to 2023 stands at approximately 0.76%, indicating a stable but slow recovery.
Future trends to watch for include technological advancements in feed production, the integration of sustainable practices, and the changing regulatory environment that could impact market dynamics. Additionally, economic factors influencing livestock production and feed utilization may further shape market prospects.
How does Italy rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value Per Capita?
| # | 20 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 496.57 | 2023 | View data | ||
| 2 | 2 Netherlands | 385.76 | 2023 | View data | ||
| 3 | 3 Belgium | 303.02 | 2023 | View data | ||
| 4 | 4 Spain | 254.12 | 2023 | View data | ||
| 5 | 5 Portugal | 195.31 | 2023 | View data | ||
| 9 | 9 Sweden | 128.04 | 2023 | View data | ||
| 10 | 10 Hungary | 127.83 | 2023 | View data | ||
| 11 | 11 Italy | 120.78 | 2023 | |||
| 12 | 12 Germany | 117.81 | 2023 | View data | ||
| 13 | 13 United Kingdom | 117.19 | 2023 | View data | ||
