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China's Aquatic Feed Industry Has Bright Prospects

Published on 11 November, 2009, Last updated at 23:05 GMT, one of China's leading B2B search platforms with more than 30 B2B industry websites to its name, reports China's aquatic feed industry has bright prospects.

Aquatic feed industries have large space and develop rapidly

In recent years, the aquatic feed industry has maintained a good momentum of development and has emerged as the fastest growing of China's feed industries, as the Chinese aquaculture industry has continued to grow. As everyone knows, China is now the world's largest aquaculture country, according to statistics that show that consumer demand and breeding structures are changing, China's feed product structure has also significantly changed.

China is the world's largest aquatic feed market; because of the huge market for aquaculture feed, there is tremendous room for development.

Looking at development trends for the entire domestic feed processing industry, China is one of the world's main countries for producing animal feed, but compared to feed-processing enterprises in developed countries, China's gaps still exist in terms of scale and technology in the production of aquatic feed ( ). Thus, with the feed processing industry's continued expansion and improvement in the level of market concentration, some small, poorly equipped, and backwards feed production enterprises will be eliminated due to increased competition. With increased scale, brand recognition, and technological development to meet future health and environmental requirements of feed processing enterprises, companies will become stronger in developing process, thereby enhancing their ability to participate in global competition.

Himfr analyzes that judging from the current pattern of development, the aquatic feed business will follow basically two kinds of integration model: the first is that industrial feed enterprises will combine raw materials and additives production and extension of scientific and technological development, with the processing and marketing of integrated development. The second is that on the base of improving and enhancing the feed industry development, turn to the other industry development.


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