The Indonesian aquafeed market will see a boom in 2013 with fish feed expected to grow at about 15 per cent and shrimp feed to grow at about 30 per cent
Denny Indradjaja, chairman of the aquaculture division of the Indonesian Feed Mill Association, revealed this recently saying that the aquafeed business in the country was heading towards a bright year ahead.
In 2012, sales of fish and shrimp feed reached one million tonnes and 250,000 tonnes, respectively.
Indradjaja said, "The increase in aquafeed sales in 2013 will be driven by the Ministry of Fisheries and Marine Affairs programme that seeks to revitalise the shrimp farms in the West Java area of 1,000 hectares. This programme will further stimulate shrimp farming in Indonesia."
In addition to this, Indradjaja added, the projected increase would also be boosted by the addition of production capacity by several feed mills.
The feed mills that will increase its production capacity this year are Central Proteinaprima (CP group), Japfa Comfeed Indonesia, Malindo Feedmill and Sinta Prima Feedmill.