Bullish outlook for poultry in Asia

September 10, 2019

The poultry industry in Southeast Asia is robust and growth in the region is outpacing that of the EU, China and the US. Indonesia‚Äôs growth far outpaces that of other Asean countries, primarily due to the low consumption rate currently as well as rising income levels. Vietnam too is seeing significant growth as a result of the switch in protein preference due to the ASF scourge. According to Ben Santoso, Animal Protein Analyst, Rabobank, growth in poultry meat consumption in Asia is fast outpacing that of other meats. He was speaking at Rabobank’s Outlook seminar in Kuala Lumpur, Malaysia on September 4.