The production value of prepared animal feeds in the Netherlands has shown a steady upward trend from 2013 to 2023, rising from 7.93 billion euros in 2013 to 9.55 billion euros in 2023. This represents a notable increase, with occasional variations. Year-on-year growth varied, with increases such as a 5.82% rise in 2020 and smaller growth rates in subsequent years, including 2.68% in both 2021 and 2022, and 2.58% in 2023. The CAGR over the five years leading to 2023 was approximately 3.36%. Looking forward, the forecasted CAGR from 2024 to 2028 is 1.83%, indicating continued but slower growth.
Future trends to watch for:
• Technological advancements in animal feed production processes
• Changes in livestock farming practices and regulations
• Impact of environmental policies on feed production methods
• Variations in raw material availability and costs
