Rockford, IL USA – March 23, 2018 – WATT Global Media recently released the results of its exclusive 2018 Poultry Nutrition & Feed Survey, which seeks to define the feeding and external market trends shaping poultry feed businesses over the past 12 months.
The editors of Feed Strategy, WATT PoultryUSA, Industria Avícola and Poultry International magazines surveyed 399 people producing and using poultry feed worldwide. The survey was conducted in both English and Spanish.
Compared with 2017, respondents are very optimistic about business growth, with 46 percent reporting improving profitability in 2018. Thirty-two percent feel business will stay the same and only 21 percent reported a negative trend.
When asked which trend will have the greatest impact on their company’s feed formulation program and costs, 43 percent of respondents cited antibiotic restrictions. Eighty percent of survey participants are involved in some level of antibiotic-free poultry production and sixty-eight percent report that their company is actively exploring, testing or using feed additives as a replacement for antibiotics in their poultry feed.
“New regulations and changing consumer preferences have increasingly affected the way poultry feed is formulated,” says Jackie Roembke, editor of Feed Strategy magazine. “The survey offers a firsthand look at how these changes and challenges have affected poultry feed formulations and, in many cases, the company’s bottom line.”
Results from the 2018 Poultry Nutrition & Feed Survey can be accessed now in the March digital edition of Feed Strategy magazine at www.feedstrategy-digital.com/201803.
About WATT Global Media
WATT Global Media provides exceptional business content and solutions to the agribusiness industry. As an industry innovator, WATT Global Media has connected buyers and sellers in the poultry, animal feed and pet food industries through its media channels for more than 100 years. www.WATTGlobalMedia.com
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Stacy Kiejko, Marketing & Communications Coordinator
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