Between 2013 and 2023, the Preparations for Animal Feeds market in France experienced a declining trend overall, with the market value dropping from 11.012 billion Euros in 2013 to 9.2724 billion Euros in 2023. The years of 2014 to 2016 saw particularly sharp reductions. However, from 2018 onward, there were periods of slow recovery and stabilization, evidenced by modest positive growth rates. The market's highest contraction occurred in 2016, while recent years have seen improvement, with slight growth in 2021, 2022, and 2023. The average annual rate of change from 2018 to 2023 was a decline of 0.41%.
- Future trends to watch for include a focus on sustainability and alternative feed sources, which may provide growth opportunities. Additionally, the impact of global agricultural commodity prices on feed inputs and evolving regulations around animal health and sustainability can influence future market performance. Close attention to technological advancements in feed efficiency and nutrition is also critical.
How does France rank in Preparations for Animal Feeds (Excluding Dog or Cat Food) Market Size Value?
| # | 20 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 11,894,000,000 | 2023 | +1.11% | +1.79% | View data |
| 2 | 2 Germany | 10,140,000,000 | 2023 | +1.24% | +0.75% | View data |
| 3 | 3 France | 9,272,400,000 | 2023 | +0.76% | -0.41% | |
| 4 | 4 United Kingdom | 7,928,600,000 | 2023 | +0.88% | +0.49% | View data |
| 5 | 5 Italy | 7,248,700,000 | 2023 | +0.72% | +0.73% | View data |
