Current Feed Industry Trends

Current Feed Industry Trends

Feed refers to feedable substances that can provide nutrients needed by animals, promote animal growth, production and health, and are safe and effective when used appropriately. According to product variety, feed can be divided into pig feed, egg poultry feed, meat poultry feed, ruminant feed, aquatic feed, pet feed and other feed.       

Since the industrialization of feed, global feed production has entered a new stage, and global feed production has continued to rise. According to Alltech's survey on global feed, global feed production increased year by year from 2016 to 2020. Although affected by the epidemic in 2020, global feed production still increased by 1%, reaching 1.188 billion tons.