Alltech estimates world feed production increase 3% with rapid growth in Europe

USA – Global feed production has grown by 3% to 1.103 billion metric tons in the year 2018, with Europe forming the second-fastest growing region around the world, according to the 2019 Alltech Global Feed Survey. The survey, carried out on 144 countries and nearly 30,000 feed mills, indicated that the feed industry has grown 14.6% over the past five years at an annual rate of 2.76%. Demand for protein, coupled with rising global population has seen the sector thrive led by countries like China, USA, Brazil, Russia, India, Mexico,…

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Lesaffre acquires Alltech’s facility, expands yeast business

FRANCE – Lesaffre has acquired the Alltech’s yeast extract facility in Serbia as part of the company’s plan to expand into the health and nutrition business. The transaction concurs with Lesaffre’s objective to build a strong business while focusing on crop and animal nutrition. Lesaffre is using its 165 years’ experience and expertise in yeast and fermentation products to lay a foundation for a great nutrition and health business in a bid to grow its yeast extract market. Under a new name, Biospringer RS, the Alltech’s Serbia facility will continue…

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