This is according to the 2018 Alltech Global Feed Survey.The growth seen in 2017 was strong at 2.57% over last year. The feed industry, valued at $ 430 billion, has seen a 13% growth over the past five years, equating to an average of 2.49% per annum.This substantial growth is supported by the higher reported consumption of meat, milk and eggs. The 7"1 edition of theannual survey is the most comprehensive ever, now covering 144 countries and more than 30,000 feed mills. The results show that China and the US remain the top two countries, producing one-third of all animal feed, and that predominant growth came from the pig, broiler and dairy feed sectors as well as the European and Asia-Pacific regions. In 2017, a total of 31,627 feed mills are counted on a global level. This is more than in 2016 (30,090). In pretty much all the regions, the number of feed mills increased over last year. Except for Africa where the number dropped from 2,081 mills in 2016 to 2,068 mills in 2017.
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