Brief discussion on the Asia-Pacific market
2024-05-20 14:17:45

Asia is the world's largest feed production region, among which China is the world's largest feed producer, which not only benefits from the population, but also benefits from the differences in the country's industrial structure and consumption pattern.

Wealth and cultural differences are a very influential factor - for example, Indonesia and India lack pig consumption, while China has a high proportion. All of these create unique conditions.

Nowadays, the Asia-Pacific market is also facing many problems, the most fundamental is economic and sustainable development issues. For example, consumers' preference and choice of consumer products, the rising cost of raw materials and the corresponding laws and regulations promulgated by the state. The main challenge for feed manufacturers is to meet these requirements while maintaining performance and profitability.

Diversified influencing factors are forcing feed producers to look for new feed formulations such as low-protein diets as well as improved sustainability and alternative low-cost materials. Cost reduction has also become a top priority for every producer in every country.

In the future, the Asia-Pacific feed production region will continue to be dynamic, but this also means that feed producers will need to adjust the formula of feed ingredients and customize flexible and efficient feed strategies based on their own needs.