Compound Feed to grow 8% to 40 MMT by 2020: CLFMA

CLFMA of India the apex body of livestock feed in India, organized its 57th National Symposium at Jaipur, Rajasthan. Hon’able CM Smt. Vasundhara Raje along with Shri Prabhu Lal Saini, Minister of agriculture & animal husbandry, govt. of Rajasthan and Shri C S Rajan, Chief Secretary, Rajasthan presided over the inaugural session. The theme of the symposium was Sustainable and Profitable Growth of the Animal Agriculture.

The symposium had three sessions. The first session ‘Creating Sustainable demand to Accelerate Growth’ which focused on role of branding to increase consumption of animal protein and the readiness of the industry to meet the goals. The second session addressed issues pertaining to the skill availability, food safety and the impact of GST on the economy. The last session focused on potential of various protein sources and the need to increase automation.
Officials from the Govt. of Rajasthan also showcased the investment opportunities in the State including incentives, subsidies and grants.
Amit Saraogi, Chairman, CLFMA and MD, Anmol Feeds said, “The Indian livestock industry across aqua, poultry and cattle has been growing at a steady rate year on year. Milk production is at 140 million tones and growing at about 6%; the broiler meat industry is growing at 8% and India holds 2nd position in aquaculture after China. Livestock GDP is growing at 3.5%. To support this growing industry, about 28 Mn MT of compound feed was produced in 2014-15 and is likely to grow to around 40 Mn MT by 2020. Currently, about one third of the total Animal Feed requirement of 80 MMT p.a in India is in the form of Compound Feed and it is growing at about 8% in India.”
“Factors like growing urbanization and income growth is contributing to changing food consumption patterns,” said Mangesh Wange, Dy. Chairman, CLFMA and Head, Animal Feeds Business, Godrej Agrovet. “In a few years, the growing population is expected to consume almost twice the amount of animal protein than today. To face the challenges in enhancing and sustaining productivity to ensure food and nutritional security, the industry requires research & development in scientific and technological innovation along with the right policy approach,” he added.
SV Bhave, Dy, Chairman, CLFMA and MD, Berg and Schmidt India, said, “Globally, the numbers of food-insecure people and those suffering from protein-calorie malnutrition is increasing. The time taken to transfer technology from Lab to Land is therefore crucial. It is becoming increasingly important for the livestock industry to balance economic growth with environmental and food-safety standards.”