Industry Outlook: Animal Feed Industry in South Africa (2018)

The animal feed suppliers in South Africa have been into existence since about 86 years old. The animal feed industry in South Africa came into existence after severe droughts and depression that transpired during the 1930’s. Animal feed is generally referred to as foods that are used to feed farm animals. Although in technical terms animal feed can be called highly nutritious food components which are specially prepared for animals and can be fed to them as a sole source of ration for their proper growth and development to enhance their productivity Animal feed industry is an important part of the global food industry. With the increase in the demand for animal food from all over the world, the production of animal feed has increased significantly in South Africa. The easy availability of animal feed and low production cost has helped South African animal feed companies to be a market leader in this growing industry. The main factors determining the composition of animal feed are prices of raw material, the nutritional value of the components, the nutritional requirement of the specific animal as well as rules and regulation laid down by the government.

 

The animal feed industry in South Africa produces a variety of feed for various segments including poultry (layer and broiler breeders), dairy, beef and sheep and pigs. The quality standards of the top animal feed companies in the animal feed market are high and up to international levels. Raw materials for animal feed to some extent are adequately available in animal feed market of South Africa particularly maize, the major ingredient required by many of the animal feed manufacturers in South Africa. The animal feed industry in South Africa on an average produce about 3.5 million tons per annum. The animal feed industry in South Africa is dominated by major animal feed manufacturers in South Africa, which mainly use modern computerized plants and latest equipment for analytical procedures and least cost formulation with the help of the latest manufacturing technology.

 

 

Growth Pattern of the Animal Feed Industry in South Africa

 

Economic diversification and growing domestic demand are likely to augment the growth of the top animal feed companies and also the overall animal feed industry in South Africa. The feed production of the animal feed industry in South Africa by the animal feed manufacturers in South Africa has been witnessing a growth of 10% every year. Today, the animal feed industry in South Africa is the pillar industry of South African agriculture. The feed production is supplied by two distinct groups–the Animal Feed Manufacturers Association(AFMA) and the unorganized animal feed market. South Africa is the largest user of maize for animal feed in the animal feed market, constituting a share of 41% in the 2017-2018 period. Although maize is a well-established ingredient in the animal feed industry in South Africa, soybean usage by the top animal feed companies is still relatively marginal. The International Grain Council estimates that the complete list of animal feed companies in South Africa soybean usage for the 2017-2018 season is estimated to be 470 000 tons, up by 34% from the previous year for the animal feed industry in South Africa.

 

 

Future Direction of the Animal Feed Market

 

The animal feed industry in South Africa attaches great importance to agricultural research and development which are closely combined with the leading animal feed manufacturers in South Africa and the animal feed market. The top animal feed companies develop high-quality animal feeds to ensure the breeding effect, formulate many kinds of vaccines to prevent diseases, and import top-quality animals to better the domestic animals in the animal feed industry in South Africa. Animal feed consumption in the animal feed industry in South Africa is expected to increase by an average of 2.54% annually to 14.63 million tons by 2022. Total protein usage for animal feed market is expected to increase from 1.98 million tons in 2017 to 2.806 million tons by 2022, with a 4.63% average increase per year. The self-sufficiency in protein supply for animal feed manufacturers in South Africa is expected to increase from 60% in 2017 to 79% by 2022.

 

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