VIETNAM ANIMAL FEED INDUSTRY

Animal feed is an important factor in the development of the livestock sector, which is being considered as a way to ensure food security throughout the world. Animal feed production in the world is volatile but still increasing. Poultry feed accounts for the largest share, followed by feed for livestock.

In 2017 global production of animal feeds reached x.xxx,xx, increasing by x.xx% compared to 2016. In the past five years, global animal feed production increased by 10.4%, with an average annual growth rate of 3.4%. This remarkable growth was supported by the growth of the livestock industry as demand for meat, milk, and eggs is higher, reflected an increase in feed production of pig, chicken and dairy industry. This growth is mainly due to the increase in the production of pig and chicken feed in Europe and the feed production for pigs and pets in the Asia-Pacific region.

Animal feed production output of Vietnam in the first quarter of 2018 was x,xxx thousand tons, in which feed production for livestock and poultry was x,xxx.x thousand tons, increased 0.2% over the same period of 2017. Seafood production reached 1, xxx thousand tons, up 17.5% over the same period last year. The increase in animal feed production is due to increasing domestic and foreign enterprises’ investment and expansion of production despite the difficulty of the local livestock market. Animal feed consumption in the first quarter of 2018 reached xx,xxx billion dong, corresponding to the output of x,xxx thousand tons, slightly increased compared to the same period of 2017 but still very low compared with the time of 2015 and 2016. The causes are livestock situation still facing many difficulties; farmers are afraid of re-herding.

According to the USDA forecast, the total demand for animal feed in Vietnam in 2018 will increase by 2% compared to 2017. In 2017, USDA estimated that total animal feed demand in Vietnam is about xx.x million tons, decreasing by 15% compared to 2016. It is expected to reach xx.x million tons in 2018, in which industrial produced feed is xx.x million tons and self-produced feed is x.x million tons.

Abbreviations
Executive summary
I. Business environment
1. Macroeconomic situation
2. Legal framework
3. Trade agreements
II. World market
1. Definition and classification
2. Production process
3. Production technology
4. Materials
5. Production
6. Consumption
7. Import export
8. Animal feed price
9. Production situation in some regions
10. Production situation in typical countries
11. Top animal feed manufacturers
III. Vietnam market
1. History and development of the industry
2. Value chain of cattle breeding industry
3. Input materials
4. Production
5. Consumption
6. Import export
7. Inventory
8. Animal feed price
9. Distribution system
10. Competitive analysis in the industry
IV. Industry risk
V. Industry development planning
1. Cattle breeding industry planning
2. Animal feed industry planning
VI. Outlook and forecast
1. Driving forces of the industry
2. Forecast for Vietnam animal feed industry
VII. Enterprise analysis
1. Enterprise introduction
2. Financial analysis
VIII. Appendix of financial statements’ enterprises
C.P Vietnam Livestock Joint Stock Company
Cargill Vietnam Company Limited
De Heus Vietnam
Greenfeed Vietnam JSC
Viet – France Livestock Feed Joint Stock Company (Proconco)
Uni-President Vietnam Company Limited
Dabaco Vietnam Corporation – JSC
Rural Technology Development JSC
Viet Thang Feed JSC
Asia Nutrition Company Limited (Vietnam

List of figures:
Figure 1: GDP growth rate by quarter, 2015 – Q1/2018
Figure 2: Share of animal feed exports in the total export turnover, 2014 – Q1/2018
Figure 3: VND/USD exchange rate, 2013-3/2018
Figure 4: Average interest rates, 2012 – Q1/2018
Figure 5: Foreign Direct Investment, 2014 – Q1/2018
Figure 6: FDI attraction by field, Q1/2018
Figure 7: Animal feed classification by processing method
Figure 8: Feed additives consumption by type, 2016
Figure 9: Feed additives consumption by region, 2016
Figure 10: Production volume of maize, wheat, soybean 2010/2011 – 2017/2018e
Figure 11: Consumption of raw materials for animal feed, 2014/2015 – 2017/2018e
Figure 12: Exports of raw materials for animal feed, 2015/2016 – 2017/2018e
Figure 13: Imports of raw materials for animal feed, 2015/2016 – 2017/2018e
Figure 14: Global price fluctuations in raw materials for animal feed, 9/2016 – 3/2018
Figure 15: Global production volume of animal feed, 2011-2016
Figure 16: Production volume of animal feed by species, 2011 – 2017
Figure 17: Animal feed production structure by species, 2017
Figure 18: Production volume of animal feed by species, 2011 – 2016 (continued)
Figure 19: Global animal feed consumption 2011 – 2017
Figure 20: Share of animal feed consumption by region 2015
Figure 21: Global export value of animal feed, 2010 – 2017e
Figure 22: Global exports of animal feed, 2010 – 2017e
Figure 23: Top 10 largest animal feed exporting countries, 2017
Figure 24: Animal feed production by region, 2017
Figure 25: Animal feed production structure by region, 2017
Figure 26: Top largest animal feed producing countries, 2017
Figure 27: Top Animal Feed Companies by Region, 2015
Figure 28: Value chain of cattle breeding industry
Figure 29: Production volume of some main feedstuffs, 2010-2017
Figure 30: Composition of feedstuffs, 2015
Figure 31: Area of major agricultural land, 2010 – 2017
Figure 32: Area structure of major agricultural land, 2017
Figure 33: Sales of Vietnam feed additive industry, 2012 – 2018e
Figure 34: Volume and maize import value, 2010 – Q1/2018
Figure 35: Vietnam’s maize import markets, Q1/2018
Figure 36: Maize import volume by month, 2016 – 2018
Figure 37: Real maize import prices and port trading prices, 2016 – 2/2018
Figure 38: Wheat import, 2012 – Q1/2018
Figure 39: Wheat purchasing prices at southern and northern ports, 2016 – 2/2018
Figure 40: Import market structure of wheat in Vietnam, Q1/2018
Figure 41: Vietnam’s soybean production volume and import value, Q1/2018
Figure 42: Raw soybean import volume by month, 2016 – 2/2018
Figure 43: Import market structure of soybean, Q1/2018
Figure 44: Soybean price offer at Northern and Southern ports, 2016 – 2/2018
Figure 45: Number of enterprises and workers in the industry, 2010 – 2016
Figure 46: Animal feed manufacturers by region, 2010 – 2016
Figure 47: Revenue and profit of the industry, 2010 – 2016
Figure 48: Investment capital and fixed assets of the animal feed industry, 2010 – 2016
Figure 49: Livestock feed production capacity of some large companies by 2017
Figure 50: Production volume of animal feed, 2010 – Q1/2018
Figure 51: Production structure of animal feed, Q1/2018
Figure 52: Consumption value of animal feed, 2010 – Q1/2018e
Figure 53: Consumption volume of animal feed, 2010 – Q1/2018e
Figure 54: Pork, chicken and duck prices in the southern provinces, 7/2016-7/2017
Figure 55: Consumption structure of animal feed, Q1/2018
Figure 56: Import value of feedstuffs and feed ingredients, 2010 – Q1/2018
Figure 57: Import market structure of feedstuffs and feed ingredients in Vietnam, Q1/2018
Figure 58: Structure of imported feedstuffs and feed ingredients, 2016
Figure 59: Export value of feedstuffs and feed ingredients, 2010 – Q1/2018
Figure 60: Export market structure of feedstuffs and feed ingredients in Vietnam, Q1/2018
Figure 61: Animal feed inventory, 2010 – 2017e
Figure 62: Distribution system in the animal feed industry
Figure 63: Market share of animal feed 2016
Figure 64: Meat consumption per capita of Vietnam, 2000 – 2016
Figure 65: Pork consumption per capita of Vietnam, 2000 – 2015
Figure 66: Meat production structure by species, 2017
Figure 67: Vietnamese livestock supply-demand, 2013 – 2018f
Figure 68: Demand for animal feed in Vietnam 2015 – 2018e
Figure 69: Structure of industrial feed production in total feedstuff demand in Vietnam 2015 – 2018e
Figure 70: Vietnam seafood export turnover, 2010 – 2018f
Figure 71: Revenue from goods sold and service provided, 2015 – 2016
Figure 72: Net profit and net profit margin, 2015 – 2016
Figure 73: Days in inventory, 2015 – 2016
Figure 74: Asset turnover and fixed asset turnover, 2015-2016
Figure 75: Gross profit margin, 2015 – 2016
Figure 76: Solvency
Figure 77: Payment ratio, 2015 – 2016
Figure 78: Profit margin, 2015 – 2016

List of tables:
Table 1: Some advantages and disadvantages of the two above technologies
Table 2:  Forecast for global maize supply and demand in 3/2018                           
Table 3:  Forecast for global wheat supply and demand in 3/2018                                                                                                                                                                                    
Table 4:  Forecast for global soybean supply and demand in 3/2018
Table 5:  Average price of complete feed ration of some species 2014 – 2017
Table 6:  World’s leading manufacturing companies in 2016
Table 7:  Import of feed ingredients 2017 and 2018
Table 8:  Animal feed price fluctuations, 9/2016- 12/2017
Table 9:  Leading companies in each segment
Table 10: Dealer discount table of some animal feed companies, 2015
Table 11: Cattle Poultry Industry Development Plan until 2020
Table 12: Fishery farming orientation to 2020
Table 13: Animal breeding situation in the whole country, 2010 – 2017
Table 14: Number of flocks of cattle and poultry of ASEAN countries, 2014