Research
and Forecast of Forage Feed Industry in China, 2014-2018 mainly analyzes market
scale, supply and demand, and market competition situation in Forage Feed
Industry, the business performance of key enterprises in main provinces in
China as well as puts forward prospect forecast serving as reference basis for
enterprises that want to know or invest in this field.
China owns
largest grassland area in the world, but compares with the developed countries,
China's forage feed industry is a late-starting industry and still in the
initial stage. In recent years, China's forage enterprises emerged vigorously
with the rapid development of domestic forage industry, but there are still
certain gaps with the developed countries in respect of quality.
At present,
most enterprises in China's forage feed industry are in small and medium scale,
the disordered competitions are fierce, the forage varieties are various and
miscellaneous, the per unit yield and carrying capacity is low, and also the
supply of alfalfa, the most important forage variety is insufficient and mainly
depend on imports.
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Therefore,
the "Twelfth Five-Year" Plan proposed relevant policies to strive for
50 feed enterprises that with the annual output of more than 500,000 tons, and
the output of these enterprises should account for more than 50% of the total
output so as to stimulate the restructuring of the industry.
In China,
the output of alfalfa is far from meeting the domestic market demands, most are
relied on import, especially in America. Because of the growth rate of import
volume, many of large-scale international trade enterprises enter into alfalfa
import industry, which results into the overstock of product, the sales by
price reduction or loss and the variable pick-up prices at port, which exerts
huge market pressure for forage import industry.
In 2013,
alfalfa import industry had become low profit margin industry and entered into
shuffle phase, it is hard for alfalfa-importing industry to earn profit and
even some enterprises show loss.
In 2013,
the forage feed output in China reached 3.2 million ton. With the full support
by government during "the 12th five-year plan" period, it is
predicted that the forage feed industry will grow at the rate of about 10% per
year in the next few years in China.
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