March 13, 2019
Southeast and South Asia are two regions with strong growth in poultry meat and egg markets, according to data from Rabobank. Nan-Dirk Mulder, Global Animal Protein Specialist at the international agriculture bank, said by looking at CAGR and volume, India, Indonesia and the Philippines will lead the poultry meat market. Meanwhile for the egg market, India will be an interesting market to watch. He explained that fundamentals in Southeast and South Asia are strong, given population growth, income growth, rising middle class, urbanization, rising food safety awareness, and gradual modernizing retail. “Hence, investors are moving further from China to Southeast and South Asia,” said Mr Mulder.