In September 2016, FeedNavigator, in association with DSM, conducted its annual ‘state of the industry’ survey. The key objective of the poll was to gauge views about the current state of the international feed sector, to pinpoint the most pertinent challenges.
FeedNavigator collated 282 survey responses on topics such as market conditions, trading relationships, environmental management, investment and employment, animal welfare and new product development from industry professionals who form an integral part of the brand’s readership.
A few key findings:
- A clear majority of respondents (82%) are positive about the future of their companies when compared to last year
- Sixty-seven percent of respondents strongly agreed feed industry consolidation will provide opportunities for their companies
- Seventy-four percent of the survey respondents agreed retailers and processors are increasingly dictating the agenda in the value chain
- Ninety-three percent unanimously agreed there is a need for greater traceability in the global feed sector
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