Alltech has released the results of their sixth annual Global Feed Survey, and it appears 2016 was a major mile marker for the global feed industry. For the first time, the world produced more than 1 billion metric tons of feed in a single year, and, interestingly, it did so with a 7 percent reduction in feed mills.
Survey data was obtained from more than 30,000 feed mills in 141 countries, making this year’s analysis the company’s most robust to date.
The results show that the U.S. and China are the top two countries, producing one-third of all animal feed, and that predominant growth came from the aquaculture sector among others, as well as several African, Asian and Middle Eastern countries.
Aquaculture continued its year-over-year growth with a gain of 12 percent in feed production in 2016. Increased production from Turkey, Germany, the U.K. and France contributed to a strong performance from the European region. Africa increased production by almost 1 million tons, while Asia maintained its volume. The increase in aquaculture feed correlates to the consumption of farmed fish.
“This year clearly demonstrates the growing efficiency and consolidation of the feed industry,” said Aidan Connolly, chief innovation officer and vice president of corporate accounts for Alltech. “Not only has total feed production exceeded 1 billion tons for the first time, but it has done so with fewer facilities, which means greater efficiencies and a decreased environmental footprint.”
The Alltech Global Feed Survey assesses compound feed production and prices through information collected by Alltech’s global sales team and in partnership with local feed associations. It is intended to serve as an information resource for policymakers, decision makers and industry stakeholders.
This year’s survey showed that the top 30 countries, ranked by production output, are home to 82 percent of the world’s feed mills and produce 86 percent of the world’s total feed. The top 10 feed-producing countries in 2016, in order of production output importance, were China, the United States, Brazil, Mexico, Spain, India, Russia, Germany, Japan and France. These countries contain 56 percent of the world’s feed mills and account for 60 percent of total production.
“Overall feed prices are down, and therefore food production costs are down,” said Connolly. “From a global perspective, we estimate the value of the feed industry at $460 billion.”
“The Alltech Global Feed Survey provides valuable information and an annual pulse check on the feed industry as we look toward sustainably feeding a growing population,” said Connolly. “The survey continues to improve and provide more robust and reliable data.”
View the recorded webinar, detailed results, and interactive map here.