PIX/AMC 2016 Angus Gidley-Baird
@angusgb
World animal protein requirements and challenges for sustainable milling
The changing world
Growing population Growing wealth Growing consumer
Animal protein consumption growing
4
0
50
100
150
200
250
Beef and Veal(cwe)
Pigmeat (cwe) Poultry meat(rtc)
Sheepmeat(cwe)
Dairy Fish
Mill
ion
tonn
es
2005 2015 2024f
11% 8% 20% 18% 18%
13%
By 2024 we will need an additional 72 million tonnes of animal protein
Source: OECD FAO, Rabobank, 2016
5
Overview – grain usage for animal feed increasing
Source: JCS Solutions, ABS, Dairy Australia, Australian Egg Corporation, MLA, ALFA, Rabobank 2016
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Beef Dairy Poultry Layer Pork Aquaculture
Is there a natural limit to chicken consumption?
6
10
15
20
25
30
35
40
45
5019
95
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Per c
apita
con
sum
ptio
n (k
g/pa
)
United States EU-28 Brazil Australia New Zealand MalaysiaSource: OECD FAO, Rabobank, 2016
10
15
20
25
30
35
40
45
5019
95
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Per c
apita
con
sum
ptio
n (k
g/pa
)
United States EU-28 Brazil Australia New Zealand Malaysia
Growth prospects for chicken meat
7
• Develop new markets
• Capturing a larger share of consumer spending
• Improving margins through productivity gains
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
Australian production Slow growth
Strong growth Forecast
What do consumers want
8
Sustainable
Barn laid
Cage free
Free range
No preservatives
Organic
Anti-biotic free
No artificial flavours
No artificial colours
Natural Gluten free
Fairtrade
CertifiedSource: Albert Heijn; Rabobank, 2016
Consumers want to know what’s in their chicken
Source: Perdue; Rabobank, 2016
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Thank you
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