MILLET MAIZE ETHANOL #AnimalFeed

Industry analysts expect the Southeast Asian animal feed market to maintain steady growth through 2030 and beyond. Rising urban populations, stronger middle-class consumption, and continued investment in commercial livestock and aquaculture operations are likely to sustain long-term expansion.

Indian rapeseed meal is being offered at significantly lower levels, around USD 200–235 per tonne on a CFR basis to Asian destinations. The price advantage has enhanced the competitiveness of Indian cargoes across Southeast Asia, particularly among feed millers seeking cost-effective protein alternatives.

With the growing demand for affordable feed in India, imports could help stabilize prices and support livestock farmers. Government officials argue that the decision will improve feed availability and contribute to boosting milk and meat production in the country.

The growth is largely driven by expanding livestock production and a booming aquaculture sector, particularly in countries like Vietnam, Indonesia, and Thailand.

One of the primary drivers of this market growth is the rapid expansion of the global livestock and aquaculture sectors, particularly in Asia-Pacific and Southeast Asia.