Increasing demand for animal source protein and animal healthcare products will escalate over the forecast years. With global population expanding at an alarming rate, the demand for animal source protein and animal healthcare products will only increase, resulting to more animal farming over the forecast timeframe.
This investment, focusing in the first section of the slaughter line, completes now the modernisation of the entire process.
Topigs Norsvin saw an increase in sales of € 20 million to €139 million. In the female lines sales went up by 10%.
China is the world’s largest pork market and Chinese are consuming more and more imported pork. HKScan and its Chinese partner, Qinglian Food, participate currently in the Asia´s biggest food exhibition SIAL in Shanghai, China and introduce the joint venture Nordic Lotus Food Co to customers.
Despite being the world’s 6th largest producer of pork and growing global demand, Vietnam exports less than 1% of its total production.
Australian producers were not alone in receiving less for their pork, with EU prices down 7.6% on 2017; US down 22% in the past month; China down 23% in the past five weeks and UK down 2.5% on 2017.
Vietnam has a vital role on CPF growth, thanks to the domestic consumption demand and its export, which has expanded more than 20% compared to previous year, which was resulted from Vietnam having Free Trade Agreement with European countries and United States of America.
This three-day event was a brilliant opportunity for the Tonisity team to firstly meet with their wider distributor network across Europe and Asia but it also gave them the chance to hear feedback on how they can best implement new marketing and sales tactics for the next year.