Restructuring animal feed industry in Vietnam
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Restructuring animal feed industry in Vietnam

Posted by | January 26, 2014 |

According to the MOA, the total value imports feed and raw material reached USD 3.0 billion in 2013, a 22.3% increase from 2012. Argentina is the biggest market with 34% of market share, followed by America with 12.7% and India with 10.8% of market share. Each year, Vietnam imported 5.84 million tonnes of raw materials, growth 16.38% per year from 2006.
According to the director of Vietnam livestock Husbandry, Mr. Nguyen Xuan Duong said, livestock sector will have land planning to produce raw material. This is long term plan to restructure plant materials towards increasing sustainable animal feed.

Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email–3-billion-usd-import-feed-and-raw-material.html