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Industry revenue of »manufacture of prepared feeds for farm animals« in Ireland 2011-2023

Although feed production has been growing in majority of the European countries, with the total compound feed production increasing from 146.5 million tonnes in 2009 to 163.3 million tonnes in 2018, Ireland seems to be one of the exceptions. In fact, the country recorded the biggest drop in cattle feed output amongst all European countries in 2019, with production declining 18 percent year-over-year, as per data from the European Feed Manufacturers’ Federation (FEFAC). This can be attributed to the poor forage harvests, owing to the changing climatic conditions, shortage of grass and a higher cost of manufacturing. As a result, revenues from manufacturing prepared feeds for farm animals are expected to only witness tepid growth from 1 billion U.S. dollars in 2011 to 1.2 billion U.S. dollars by 2023. In comparison, Spain, Germany and the UK are amongst the largest markets in Europe.

Due to the outbreak of the corona virus, the FEFAC is projecting a 3-6 percent decline in feed production for 2020 throughout Europe.

Industry revenue of »manufacture of prepared feeds for farm animals« in Ireland from 2011 to 2023

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Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Ireland. The industry “manufacture of prepared feeds for farm animals“ has the code “C1091“.

Details on the methodology can be found here.

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Statistics on "Economic Outlook Ireland"

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