The 2019 Alltech Global Feed Survey, released today, estimates that world feed production has increased by a strong 3 percent to 1.103 billion metric tons of feed produced in 2018, exceeding 1 billion metric tons for the third consecutive year. The eighth edition of the annual survey includes data from 144 countries and nearly 30,000 feed mills. The feed industry has seen 14.6 percent growth over the past five years, equating to an average of 2.76 percent per annum. As the population grows, so does the middle class, which is well reflected in an increase in overall protein consumption.
The top eight countries are China, the U.S., Brazil, Russia, India, Mexico, Spain and Turkey. Together, they produce 55 percent of the world feed production and contain 59 percent of the world’s feed mills, and they can be viewed as an indicator of the trends in agriculture. Predominant growth came from the layer, broiler and dairy feed sectors.
“Alltech works together with feed mills, industry and government entities around the world to compile data and insights to provide an assessment of feed production each year,” said Dr. Mark Lyons, president and CEO of Alltech. “We are proud to present the eighth annual Alltech Global Feed Survey and share the results publicly to demonstrate the importance of the animal feed industry as we strive to provide for a planet of plenty.”
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 in the last quarter of 2018. It is an estimate and is intended to serve as an information resource for policymakers, decision-makers and industry stakeholders.
Regional results from the 2019 Alltech Global Feed Survey.
North America: North America saw steady growth of 2 percent over last year due to an increase in the major species, with beef and broilers leading the growth at 3 percent each. The U.S. remained the second-largest feed-producing country globally, behind China. Feed prices in North America are the lowest globally across all species, and with the availability of land, water and other resources, the region is expected to remain a primary contributor to feed production.
Europe: Europe saw an overall growth of about 4 percent over last year, making it the second-fastest-growing region in the survey, resulting from feed production increases in layer (7 percent), broiler (5 percent), aquaculture (5 percent), dairy (4 percent) and pig (3 percent). Beef was the only primary protein species to decline, though it was less than 1 percent.
Latin America: As a region, Latin America was relatively stagnant this year. Brazil remained the leader in feed production for the region and third overall globally. Brazil, Mexico and Argentina continue to produce the majority of feed in Latin America, with 76 percent of regional feed production.
Click here to check out the full report.