The forecasted millet feed volume in Spain for 2024 is 17.0 thousand metric tons, rising to 18.0 thousand metric tons from 2025 through 2028. This represents a year-on-year increase of 5.88% from 2023 to 2024. From 2025 onwards, the forecast indicates a plateau with no annual growth. The Compound Annual Growth Rate (CAGR) over the forecast period (2024-2028) is minimal at 1.16%, suggesting a stable market.
Trends to watch for in the future include potential impacts of climate change on millet production, shifts in animal feed preferences, and evolving trade policies which may influence supply chains and market dynamics for millet feed in Spain.
