World meat industry news

Alltech has released its annual Agri-Food Outlook 2023 report. Analysts note that global feed production remained stable in 2022 despite significant macroeconomic challenges that have affected the entire supply chain.Alltech AgriFood Outlook estimates that global feed tonnage in 2022 will be 1.266 billion tonnes, down 0.5% from 2021 estimates.

The annual survey, now in its 12th year, includes data from 142 countries and more than 28,000 feed mills. It estimates compound feed production and prices using information collected by Alltech's global sales team and in partnership with local feed associations.

Feed production increased in several regions, including Latin America (1.6%), North America (0.88%) and Oceania (0.32%). As a result of improving the scale and accuracy of the company's sources in the Middle East, feed production figures in 2022 were almost 25% higher than in 2021. The increase in production in the Middle East is also due in part to the Saudi government's initiative to expand broiler chicken production to meet the country's self-sufficiency goals.

Feed production in Europe decreased by 4.67% and in Africa by 3.86%. Production in the Asia-Pacific region also decreased by 0.51%.

Globally, an increase in feed tonnage was recorded in the aquaculture, broiler, layer and pet food sectors, and a decrease in the beef, dairy and pig production sectors.

Despite a slight decline in feed production, China remains the largest feed producing country in the world, followed by the US and Brazil.

Together, the top 10 countries consume 64% of the world's feed, and half of the world's feed consumption is concentrated in four countries: China, the US, Brazil and India.

In 2022, Vietnam experienced a significant rise in feed tonnage, entering the top 10, ahead of Argentina and Germany, and displacing Turkey, which reported a decline in feed tonnage. Russia moved to 6th place, overtaking Spain, where there was a significant reduction in feed production.