Jackie Roembke, Feed Strategy magazine
Every year, WATT Global Media’s research team compiles exclusive feed industry insights, including the production volumes and other data points, to populate its Top Feed Companies database, and then uses it generate Feed Strategy’s 2024 Top Feed Companies report.
To view the entire report click here.
To capture the most accurate information, the data and analysis found in the Top Feed Companies report focuses on the previous calendar year’s compound feed production.
In the 2024 report, 148 companies ranked worldwide. Here is a recap of the Top 10 feed manufacturers worldwide, based on production volumes of 1 million metric tons or more.
World’s Top 10 animal feed companies in 2023
1. New Hope Group
2. Haid Group
3. Muyuan Foodstuff
4. Cargill
5. CP Group
6. Wen’s Food Group
7. Shuangbaotai Group (Twins Group)
8. Land O’Lakes
9. Tyson Foods (broiler)
10. De Heus
What influenced global feed production in 2023?
Here is a recap of the key macro trends that influenced global animal feed volumes in 2023, based on the Feed Strategy cover story, “2023 Feed Industry Outlook: Brace for economic uncertainty” here.
1. Global economic slowdown
2. Surging inflation and input costs
3. Supply chain and logistics challenges
4. European energy crisis
5. Animal disease outbreaks
6. Push for sustainability
7. Raw material shortages
To read the entire article click here.
