Animal feed industry gets new website
The website – published by William Reed Business Media, publisher of this site – will deliver real-time business news and analysis. FeedNavigator.com is available as a free access website and provides twice weekly newsletters to its subscribers.
The new site will set the agenda for the global livestock feed industry by focusing on research and development, helping feed manufacturers navigate the evolving regulatory landscape, ensuring they are kept up-to-date with the latest news on grain price movements and other key developments in the sector.
FeedNavigator.com will also bring feed manufacturers regular insight from leading analysts on merger and acquisition deals in a sector bent on consolidation. Subscribe to the FeedNavigator.com newsletter service here.
Increasing global meat consumption
The launch comes at a time when the international animal feed industry is being bolstered by a hike in demand for protein-rich meat products and increasing global meat consumption – particularly in China. These developments – characterised by the greater industrialisation of in meat production – are massively boosting demand for stock feed.
Feed production reached nearly 1bn tonnes last year.
China is the globe’s biggest feed producer – manufacturing 189Mt. The US is the second largest producer, with an output of 169M metric tons from 5,236 feed mills and Brazil is number three, generating 67Mt from 1,237 feed mills.
For the latest on animal feed consumption figures, subscribe to FeedNavigator.com here.
Feed manufacturers are increasingly reliant on animal feed additives from amino acids to enzymes to boost meat quality and safety, and prevent diseases in livestock. This trend has been underlined by the trend away from the use of antibiotics as growth promoters in feed, driven by the regulatory authorities. FeedNavigator.com will provide key insights into this dynamic market.
Animal feed additives
The global market for animal feed additives, in terms of revenue, was estimated to be worth around $16,183M in 2012. The market is forecast to reach $20,233.2M within four years, growing at the compound annual growth rate of 3.8% from last year.
Leading manufacturers are looking to expand businesses across regions either by building new facilities in other countries or through mergers and acquisitions to penetrate the untapped markets of Asia-Pacific and Latin America.
The new website will provide independent news and views to help business manager make informed decisions, as they grapple with rising raw material costs and increasing regulation.
Keep in touch with breaking news on the $500bn animal feed sector by subscribing to the new FeedNavigator.com newsletter service here.