Battle to stake claim in African animal feed market

Battle to stake claim in African animal feed market

Potential for growth in African livestock, poultry and aqua feed production spurs interest and investment from multinational agri-food firms. (S.Gvozd | Fotolia.com)

Future feed production will be shaped by the growing population demands for more animal protein and new foreign players enter the market.

With a current population of 1.2 billion inhabitants — a level expected to reach 2 billion by 2050 — Africa faces a major challenge to supply animal protein to its people. With a consumption of two to five kilograms of animal protein/year and fast-growing demand, sub-Saharan Africa appears in the strategic business plans of numerous agri-food corporations over the next five years.

Read the full article at: Feed Strategy | December 2020