China's growing pig population boosts feed industry

The increasing number of pigs and a greater need for cattle and aquaculture have enabled China's animal feed manufacturers to do good business last year. As recently reported by the National Association of the Feed Industry, total production increased by 16.1% compared to 2020 to 293.4 million tons. Due to the higher prices, sales even rose by 29.3% to the equivalent of €170 billion. According to the association, the production of compound feed increased by 17.1% to 270.2 million t and that of special concentrate feed by 2.4% to 15.5 million t. In addition, 14.8 million tons of feed additives were produced; that was 6.2% more than in the previous year. 208 more systems than in the previous year The most important sales market was the pig farmers, for whom at 130.8 million tons, almost half more feed was produced than in 2020. According to the association, there were a total of 957 production plants in China in 2021, each with an output of more than 100,000 tons of feed; that was ...