China Animal Feed Market Forecast and Opportunities, 2019

China animal feed market is rapidly growing owing to increasing consumption of meat and meat products, growing demand for milk and dairy products and booming aquaculture industry. Rising pork consumption and growing commercial farmlands in the country are projected to drive the demand for swine feed in the coming years, consequently, contributing to the overall growth of animal feed in China. In addition, aquatic feed segment is witnessing tremendous growth with continuing expansion being witnessed in the aquaculture industry. Traditionally, the market has been highly fragmented, consisting of many small feed mills and companies, however, it is now steadily moving towards consolidation with the growing number of mergers and acquisitions. China is simultaneously trying to establish its presence in the overseas market to capitalize on the growing animal feed demand, globally.

According to “China Animal Feed Market Forecast & Opportunities, 2019”, the China animal feed market is projected to grow at a CAGR of over 16% till 2019. The swine feed segment is the highest revenue contributor, followed by poultry and ruminant feed. However, aquaculture is projected to be the fastest growing segment over the next five years. Presently, Southern China is the largest revenue contributor in the country’s animal feed market, followed by East and North East China. New Hope Liuhe, C.P Pokphand, Tongwei- Tongwei and Shenzhen Kondarl are few of the leading players operating in China’s animal feed market. “China Animal Feed Market Forecast & Opportunities, 2019” report elaborates following aspects related to animal feed market in China:

• China Animal Feed Market Size, Share & Forecast
• Segmental Analysis –Swine Feed, Poultry Feed, Ruminant Feed, AquaFeed and Others
• Policy & Regulatory Landscape
• Changing Market Trends & Emerging Opportunities
• Competitive Landscape & Strategic Recommendations

For more info :     China Animal Feed Market Forecast and Opportunities, 2019

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