Global Animal Feed Market
On Oct.01, 2023, De Heus (the Netherlands), a global animal feed company, announced its plan to set up a ₹142-crore (USD 1 71 MN) animal feed plant in Rajpura, India. The plant will produce a full livestock product portfolio of compound feed, concentrates, and base mix & dairy mineral mixes. De Heus India will set up the plant to produce quality animal feed and bring the best practices to help farmers increase their earnings.
On Oct.06, 2023, Schothorst Feed Research (SFR) announced that it is intensifying its partnership with FeedValid. Their collaboration will address several issues, including additional research into new and existing animal feed ingredients, consultancy, and training & education programs. FeedValid will bring valuable experiences and insights into circular raw materials and animal feed ingredients, giving SFR a broader perspective on the feed ingredients market developments.
On Oct.04, 2023, Godrej Agrovet Limited (GAVL), a leading animal feed industry player, launched its new campaign for cattle feed, highlighting the importance of cattle health for the better prosperity of farmers. The campaign focuses on accelerating awareness about the importance of quality cattle feed. GAVL is one of India's first BIS-certified cattle feed products companies. It offers products across the cattle lifecycle for better prosperity of farming families.
On Sep.29, 2023, De Heus, the Netherlands-based animal nutrition company, announced the opening of its new feed mill, the Can Tho Aqua, in Vietnam. The new plant, with a capacity of 240,000 tons, is dedicated to producing pangasius feed. De Heus has 90 production sites in over 20 countries covering poultry, pigs, ruminants, and aqua species. It has been ramping up its investment in the Vietnam market, as the country is likely to become one of the world's most important sources of aquatic proteins
Key Companies in the animal feed market include
- Neovia Group (France)
- Archer Daniels Midland (ADM) Company (U.S.)
- COFCO Limited (Hong Kong)
- New Hope Group (China)
- ForFarmers N.V. (The Netherlands)
- Charoen Pokphand Group (Thailand)
- Cargill Inc. (U.S.)
- Japfa Comfeed Indonesia Tbk (Indonesia)
- NUTRECO N.V. (The Netherlands)
- Land 'O Lakes Inc. (U.S.), among others
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