Southeast Asia’s Growing Meat Demand and Its Implications for Feedstuffs Imports
2020
Lee, Tani | Hansen, James
Southeast Asia’s expanding population and increasing incomes, urbanization, and retail sectors are contributing to rising meat consumption and growing imports of feedstuffs. According to USDA’s International Long-Term Projections to 2028, the region will become the world’s fastest-growing importer of soybean meal—a key ingredient in animal feed—over the next decade and will overtake the European Union (EU) as the largest soybean meal importer by 2022.
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