Try GOLD - Free
Asia's Growing Appetite for Feed Additives
AgroSpectrum
|May 2023
India and China are currently the top feed additives exporters worldwide, while Russia is a relatively new market for Asian feed additive suppliers. However, feed additive exports from Asia to Russia have increased significantly over the past year, as the country is highly dependent on the Asian market due to western sanctions. This trend is expected to continue in the long term, making Asia a permanent feed additives market for Russia if suppliers can consistently meet their demand.
The Asia Pacific feed additives market is expected to achieve a compound annual growth rate (CAGR) of 4.69 per cent from 2019 to 2024, having been valued at $10.21 billion in 2018. A report by Market Data Forecast attributes the growth of the meat industry in emerging economies such as India and China as the major driver of this market expansion.
According to Volza’s Global Export data, India is a major exporter of feed additives, having exported 6500 shipments in the first two months of 2023 to countries such as Bangladesh, the Philippines and Vietnam. As per the report, China is the top feed additive exporter with 16,818 shipments, followed by the United States with 15,290 shipments. India stands third with 6474 global shipments of feed additives.
In 2022, western countries faced significant sanctions, resulting in Russia importing almost all feed additives from Asia. During the first nine months of 2022, Russia imported 136,000 tonnes of feed additives, marking a 25 per cent increase from the previous year.
Russian companies were initially hesitant to buy feed additives from Chinese firms, but the sanctions imposed by western countries led to a reversal of the situation. In 2022, 86 per cent of feed additives imported by Russia came from China, while imports from other Asian countries such as Indonesia and South Korea also increased. Indonesia’s feed additive export to Russia increased by 27 per cent from the previous year, while South Korea saw a 37 per cent rise in exports to Russia. In contrast, Japan’s export dropped by 77 per cent from the earlier year.
This story is from the May 2023 edition of AgroSpectrum.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM AgroSpectrum
AgroSpectrum
Baramati, Agrovision and NBSSLUP seal landmark MoU to drive AI-enabled agriculture across Vidarbha
In a move that could redefine the technological architecture of Indian agriculture, Baramati-based institutions, Agrovision Foundation and the National Bureau of Soil Survey and Land Use Planning (NBSSLUP) have signed a landmark Memorandum of Understanding to accelerate the deployment of artificial intelligence across Vidarbha's farming systems.
1 min
January 2026
AgroSpectrum
AI driven orange farming: a key to increased yield and export opportunities for Vidarbha
“Use of AI driven orange farming methods, new high-yield orange varieties and use of latest post-harvest technologies will help make orange farming profitable in Vidarbha region,” said the experts in the special workshop “Citrus production and Processing technologies” held as a part of the Agrovision recently.
1 mins
January 2026
AgroSpectrum
Feed Is the New Battleground in India's Blue Revolution
Aquaculture isn't just another allied sector in India. It is increasingly becoming important for food security because of the protein requirements of the nation. Fishes and shrimp are being cultivated not just to meet domestic demand, but also being sought after globally as capture fisheries hit ecological limits.
4 mins
January 2026
AgroSpectrum
Agrovision to conduct activities for farmers throughout the year: Nitin Gadkari
Agrovision, an annual agricultural exhibition filled with knowledge sessions, conferences, and panel discussions, will now conduct activities for farmers throughout the year”, said Nitin Gadkari, Chief Patron, Agrovision Foundation and Union Minister Road Transport and Highways. He was addressing the valedictory session of 16th edition of Agrovision event in Nagpur.
3 mins
January 2026
AgroSpectrum
Building Climate Resilience from Seed to Shelf
At a time when climate volatility, water stress, nutritional insecurity, and biodiversity loss are converging into a systemic food crisis, agrobiodiversity is no longer a peripheral concern—it is rapidly becoming a strategic imperative. This was the central message that emerged from “Mainstreaming Agrobiodiversity in Global Value Chains,” an AgroSpectrum webinar organised in partnership with GFAIR – The Global Forum on Agricultural Research and Innovation, bringing together leading voices from international research, plant breeding, policy, and state-level implementation.
5 mins
January 2026
AgroSpectrum
How Al Is Solving India's Farm Labour Crisis: A Bottom-Up Model Led by Farmers Themselves
Ask any farmer today what their biggest challenge is, and the answer will invariably be the same: labour shortage. This problem becomes particularly acute in horticulture, where time-sensitive operations—from fruit care to harvesting and grading—demand both skilled and unskilled workers at precise intervals.
4 mins
January 2026
AgroSpectrum
“Agriculture will become the primary source of income in many parts of the world by 2030"
AgriPilot.ai is a global real-time agricultural intelligence platform created to enhance crop productivity, livestock management, and promote an efficient and sustainable future. This paradigm encompasses Al innovation in open and controlled environment agriculture, livestock management, offering a sustainable path forward. It empowers growers to make data-driven decisions, enhancing productivity and profitability while conserving vital resources such as water, energy, and land. In an exclusive interview with AgroSpectrum, Prashant Mishra,CEO & Founder, AgriPilot.ai shared his insights about Al driven agriculture and how it will bring transformation in the global agriculture sector. Edited excerpts;
5 mins
January 2026
AgroSpectrum
Scale, Structure, and India's Path to 2030
After years of disruption caused by the pandemic, geopolitical tensions, and supply-chain volatility, the global agrochemical industry is entering a new phase of structural growth. Demand is being reshaped not just by scale, but by sustainability, regulatory rigor, and technology integration. For India, this transition presents a strategic opportunity. With strong manufacturing capabilities, supportive policy frameworks, and rising global demand for reliable crop protection solutions, India is well positioned to emerge as a key export and innovation hub as the industry moves toward 2030.
3 mins
January 2026
AgroSpectrum
How We Can Tackle Counterfeiting and Raise Agricultural Integrity
Agriculture remains the backbone of India's economy, underpinning food security, farmer livelihoods, and rural growth. Yet the rapid spread of counterfeit agrochemicals—particularly pesticides—has emerged as a serious and largely invisible threat. Estimates suggest that fake products may account for up to 30–40 per cent of the market, eroding crop yields, degrading soil health and undermining farmer confidence. Beyond economic losses, counterfeiting weakens trust across agricultural value chains and threatens India's credibility as a reliable food producer, making urgent action on authentication and traceability essential.
6 mins
January 2026
AgroSpectrum
From AI to Orbit: Rewriting Indian Agriculture
Google, through its philanthropic arm, has committed $8 million to support four Centres of Excellence in Artificial Intelligence (AI) in India, one of which will focus on agriculture.
3 mins
January 2026
Translate
Change font size