Global feed production
World compound feed production is fast approaching an estimated 1 billion tonnes annually. Global commercial feed manufacturing generates an estimated annual turnover of over US $370 billion.
The last years have continued to see an increase in the demand for animal protein worldwide, including for livestock, dairy and fish. Generally we have seen a growth of production particularly in the developing world, with the developed world remaining more or less stable.
2012 was a challenging year for the feed industry, with the US and Brazil feed production slightly lower than in 2011 (USA -1,5%, Brazil -3%.), and the EU 27 having stable production. In China we saw approximately 5% growth 2012.
Growth in 2013 will depend on the global grain production, biofuels policies and export demand – in terms of feed availability and affordability. Globally we expect modest growth of around 2% for the industry. The petfood industry and the aquaculture industries will continue to grow strongly.
As global compound feed production continues to expand, especially in the developing world, IFIF and the FAO Statistics Division have recently agreed to collaborate on collecting, analysing and validating global feed statistics. IFIF and our members are very excited about this collaboration, which builds on our Memorandum of Understanding (MOU) with the FAO from 2005. Our joint effort should result in a harmonisation of global feed statistics.