The prepared animal feeds sector's employment in Denmark has shown a consistent decline since 2013. In 2023, the employment stood at 2.49 thousand full-time equivalents, a decrease from 2.68 thousand in 2013. The year-on-year variation has fluctuated, with the highest decline of -5.13% in 2013 and minor fluctuations since 2018. The average annual decline over the past five years (CAGR) was -0.38%, indicating a gradual but steady drop in employment.

Looking forward, employment in the sector is forecasted to continue its decline at an average yearly rate of -0.26% until 2028, ultimately decreasing by -1.29% over the forecast period.

Future trends to watch for:

Automation and technological advancements may further impact employment levels.
Potential shifts in demand for animal feed products due to changing agricultural practices or consumer preferences.
Regulatory changes or economic factors influencing the overall sector dynamics.