"Innovating for profitability in uncertain times!"
The Asia Pacific animal feed market is expected to reach a market size of US$140 billion in 2024 from US$110 billion in 2018.
Demand for meat and seafood in Asia is set to grow by 78 per cent by 2050, and global food security is becoming "an increasingly pressing issue" with the world's population set to hit 9.8 billion the same year. To meet the challenges of food and nutritional needs in a sustainable manner, new and innovative measures are required.
ASF has taken its toll on the animal feed market as the decline in pork production in China and other impacted countries has meant less demand for pig feed production. According to Rabobank, hog feed consumption is expected to drop by 30% this year. There is likely to be less demand for grains and crops, such as corn, as well as whey powder for piglet feed. Soybean meal usage could potentially only experience a modest decline due to a growing poultry sector. The positive news is that the hog feed industry is expecting to see a slight recovery by 2020, much sooner than the pig population will be able to recover.
Increasing concerns towards disease outbreaks in livestock suffering from swine flu, bird flu, infections and avian influenza should drive demand for animal feed additives. Increasing concern for meat & meat products safety and quality also prompt growing demand for specialty additives adding to global demand.
Testimonials from 3rd Global Feed Summit,
Nov 2017, Bangkok
“Very informative conference covering a range of topics” - CBH Grain
“It’s useful” - Veles-Agro Broker
“Very interesting conference with in-depth knowledge from speakers” - Panus Poultry
“I have learned a lot from the conference”
- Vietnam Feed Association
“It was a good summit to attend”
- Al-Ghurair Resources
“Very well organized” - Amul Dairy
“Better than I expected” - Cargill
Attend CMT’s 4th Global Feed Summit on 24-25 Feb 2021 in Bangkok to network with industry majors to gain insights on the latest trends & update in the feed value chain!
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This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive luncheon & Cocktail sponsor. |