New feed groups attempt to outmuscle top performers 14:00 | 29/04/2021
In the fierce competition of animal feed, both local players and their foreign rivals are expanding  performance, with the emergence of several newcomers.
Feed group sales are rising, but the competition is fierce with more farms outsourcing for husbandry companies. Photo: Le Toan
As the largest animal feed production country in Southeast Asia, the sector in Vietnam witnessed high growth of 13-15 per cent on average during the 2016-2020 period, according to Grand View Research, an India and US-based market research and consulting firm. Consumption output in 2019 and 2020 was around 20 million tonnes, and was as much as 30 million if including aquaculture feed.
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