Global population growth, rising incomes and urbanization have made animal husbandry one of the fastest growing agricultural sectors. There is great potential for the development of the animal husbandry industry in Africa and Asia. In Africa, where agriculture is resource-rich but mechanization is still very low, the poultry industry is growing at an annual rate of 5%. South Asia and Southeast Asia are the main markets for global animal protein growth.
Globally, demand for animal protein will grow by 35% in the next 20 years. Poultry will grow the most, at about 2%, while eggs will grow by 1.6%; seafood will grow by 1.2%; beef will grow by 1.1%; and pork will grow by 1% [Nan-Dirk Mulder, analyst at Rabobank, “Global Poultry and Feed Outlook”].
South Asia and Southeast Asia will become the main markets for global growth, including Indonesia, Myanmar, the Philippines, Vietnam and India. The “Belt and Road” has played a promoting role, and agriculture and animal husbandry are a key area of international cooperation among countries along the route. The total population of countries along the route accounts for more than 40% of the world’s total population, and they already have a considerable scale of livestock product consumption. At the same time, the regional population growth dividend and economic growth potential will also become the driving force for further expanding the scale of the livestock product market in the region.
India produces 57 billion eggs per year, with 53 eggs per capita, ranking third in the world. With the rapid development of the economy, technological updates and government support have greatly changed the poultry industry, and feed land accounts for only 4% of farmland, so India has a huge feed gap. By 2020, milk production will increase from 128 million tons in 2019 to 160 million tons; 494 million tons of dry feed, 825 million tons of green feed and 54 million tons of concentrated feed are required.
The basic conditions for the development of agriculture and animal husbandry in tropical Southeast Asia are excellent. In recent years, animal husbandry production in Southeast Asian countries has developed to varying degrees. Under the “Belt and Road” initiative, the scale of investment has increased year by year, and the market potential is good.
Agriculture and animal husbandry are an important part of the Philippine economy. Due to its weak agricultural foundation, the country is vigorously promoting agricultural mechanization. Due to the huge consumer market in the Philippines and the support of the government, it will promote domestic and foreign investment, which will be conducive to expanding meat, eggs and milk production. The growing demand for high protein will benefit the livestock and dairy industries.
Agriculture and animal husbandry occupy an important position in Vietnam. In recent years, with the continuous development of Vietnam’s economy, in order to meet the requirements of the continuously improving living standards of urban and rural people, the livestock (poultry) and dairy industries have developed rapidly. Vietnam currently has more than 250 breeding factories, producing more than 5 million tons of food each year, which can only meet half of the domestic demand. The government attaches importance to the development of the breeding industry and encourages foreign investment in the breeding industry and feed processing and production industries. With the continuous development of the feed market, the Vietnamese market still has huge room for development.
According to experts’ predictions, the African poultry market will grow at an annual rate of 5% in the next 10 years, with the largest increases in South Africa and Nigeria. Globally, food safety, animal welfare, environment, consumer health and local supply are major trends.