The highest turnover in European prepared animal feeds for 2023 was in Spain, Germany, and France, with Spain leading at 15.98 billion euros. Germany saw a minor decrease, while France exhibited growth. Poland, Hungary, and Norway demonstrated notable increases, while companies in Ireland and Iceland experienced declines. A Compound Annual Growth Rate (CAGR) could provide deeper insights over five years, but the 2023 data illustrates strong performance in emerging markets like Romania and Bulgaria.
Future trends to watch include the impact of sustainable production methods, advancements in nutrition science, and shifts in pet ownership demographics, which could drive growth in animal feeds turnover in the coming years.
Top countries in Prepared Animal Feeds Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 15,980 | 2023 | +2.61% | +2.52% | View data |
| 2 | 2 Germany | 12,560 | 2023 | +1.9% | -0.13% | View data |
| 3 | 3 France | 10,670 | 2023 | -0.71% | +2.99% | View data |
| 4 | 4 Netherlands | 10,120 | 2023 | +2.27% | +3.23% | View data |
| 5 | 5 United Kingdom | 7,750 | 2023 | +0.26% | +0.41% | View data |
| 6 | 6 Poland | 6,600 | 2023 | +3.94% | +2.44% | View data |
| 7 | 7 Italy | 5,420 | 2023 | -0.088% | +0.28% | View data |
| 8 | 8 Belgium | 4,550 | 2023 | +1.5% | +2.43% | View data |
| 9 | 9 Norway | 3,870 | 2023 | +3.3% | +3.35% | View data |
| 10 | 10 Denmark | 3,250 | 2023 | +0.68% | -0.024% | View data |
