Tridge summary
The Asian aqua feed industry presents a significant market for investment due to its large consumer base, industrialization trend, and potential for growth, despite a slowdown in aqua farming production growth due to environmental regulations and limited resources. Rabobank's report highlights the need for industrialization, innovation, and value-added offerings such as functional feed and digital technology adoption in the face of increased competition from Central and South American countries. The industry is also expected to shift towards plant protein meals and other protein sources, replacing fish meal in aqua feed formulas. There is potential for increased domestic consumption and intraregional trade, particularly in China, Vietnam, and Indonesia, and there are prospects for more mergers and acquisitions in the sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Asian aqua feed industry remains full of opportunities. Asia continues to be an attractive market for investments in aqua feed, given its large market size, growth potential, and general trend toward industrialisation. Future Asian aqua feed consumption growth will be constrained, according to Rabobank’s report, ‘Swimming in a Crowded Market.’ This is due to the slowing growth of regional aqua farming production, resulting from limited natural resources and stricter environmental regulations. “This provides opportunities for industrialization and innovation along the value chain, in which aqua feed players can play a crucial role and achieve value growth,” says Lief Chiang, Grains & Oilseeds Analyst at Rabobank. Asian countries are losing ground as a cost leader to Central and South American countries, mainly due to the high occurrence of disease and rising labour costs. “Asian aquaculture needs to offer more value-added options. Quality, food safety, and traceability will be ...
Source: Fish Focus
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