MARKET REPORT FEED & ADDITIVE MAGAZINE February 2021 59 this increase will be around 1.7 percent per year between 2020 and 2050. In the same period, meat production is expected to increase by about 70 percent, aquaculture products by 90 percent, and dairy products by 55 percent. Supporting these increase estimates, the International Feed Industry Federation (IFIF) predicts that the production increase in poultry, pig, and beef will be doubled, and dairy and fish production will increase three times by 2050. This rising demand for animal proteins shows that the highly important role of the compound feed sector will also increase. Because the feed industry is the most important element for sustainable growth in animal husbandry. Every increase in animal protein production makes it necessary to achieve a significant increase in feed production for sustainable animal production. COMPOUND FEED PRODUCTION AND GROWTH According to IFIF’s estimates, world compound feed production exceeded 1 billion tons per year. However, this represents the amount produced in the professional feed industry. In addition, it is stated that the amount of feed that is directly mixed and produced in farms reaches 300 million tons. The 2021 Global Feed Survey, prepared by Alltech, provides much more up-to-date data. According to this survey, the amount of compound feed production carried out all over the world in 2019 was 1.176 billion tons. This amount reached 1.187 billion tons with an increase of 1 percent in 2020. In 2019, in African swine fever (ASF) and the decline in swine feed production and Asia-Pacific, which ranks first in global feed production, led to a slight drop in global feed production compared to 2018. However, in 2020, production tended to rise again, albeit at a very low level. SHARE OF REGIONS AND COUNTRIES IN WORLD FEED PRODUCTION China, the USA, Brazil, India, Mexico, Spain, Russia, Japan, Germany, and Argentina are the top 10 countries in global compound feed production. The total production amount realized by these countries represents 63 percent of global feed production. On a regional basis, Asia-Pacific region witnessed a 5.5 percent decline in total feed production due Global Feed Production and Growth Source: 2021 Global Feed Survey *All numbers are in million metric tons. Region Asia-Pacific Europe North America Latin America Africa Middle East Oceania TOTAL 2019 427.0 265.3 236.0 168.9 43.7 25.3 10.5 1,176.8 2020 433.9 261.9 237.2 176.5 43 24.8 10.4 1,187.7 Growth 2% -1% 1% 4% -2% -2% -2% 1 %
RkJQdWJsaXNoZXIy MTUxNjkxNQ==