
The Laguna Resort & Spa, Nusa Dua, Bali
The boom in Asia’s population, coupled with rising affluence, and changing diet patterns (preference for animal protein meals) have all contributed to the increasing demand for animal feed across the region. China and India are expected to set the pace for the global feed business by posting growth at a time of slowdown in mature markets.
It is therefore no surprise that the global feed business is now looking to Asia, with even the US Federal Reserve encouraging farmers to “Look East for Profits” according to a recent editorial in Agrimoney.com. The Reserve concludes that US Livestock farmers' best prospects lie in tapping growing demand for meat and dairy products, highlighting the potential for further huge gains in China.
Having long conquered and saturated their domestic market, agribusiness champions like Charoen Pokphand (CP) and Betagro are rapidly expanding outward, first into the ASEAN neighbourhood and, even South and Central Asia.
WATTAgNet reported Charoen Pokphand Group’s (CP Group) plans to launch a 600,000 ton integrated feed operation worth US$88 million (3 billion Baht) in Binh Doung, a city near the capital of Vietnam. Another editorial in AllAboutFeed.net reported that Betagro is to set up a feed plant to supply 72,000 tonnes of feed per year in Cambodia to serve the local livestock industry.
New Hope, one of China’s biggest animal feed producers began producing finished feed in Bangladesh early this year at their newly-built feed mill, considered the largest in the country.
If you are seeking entry into Asia’s emerging and new Feed markets, then attending theGlobal Feed Summit in Bali on 9-10 Nov. 2009 is essential. It is where you will get to meet Animal Feed industry representatives and policymakers from across Asia, to network, exchange ideas, discuss key issues, and explore potential ventures.
The conference also presents essential updates from key Asian markets including China, Japan, New Zealand, Australia, Korea, and Southeast Asia.
Those seeking more information on participating as delegates, media partners, exhibitors and / or sponsors at the Global Feed Summit can >>CLICK HERE<< or contact Ms. Grace at grace@cmtsp.com.sg.