The mixed poultry feed production in Malaysia, stood at 2.0923 million metric tons in 2023. Historical data indicates fluctuations, with notable drops in 2014 and 2020 but a recovery trend observed in recent years. The year-on-year variation from 2022 to 2023 showed an increase of 0.77%. Over the last five years, the CAGR was -2.21%, reflecting a slight decline in production volume.
Forecasts predict a gradual decrease, with the production expected to decline from 2.0719 million metric tons in 2024 to 1.9921 million metric tons in 2028. The anticipated five-year CAGR is -0.78%, suggesting a slow reduction in growth rate.
Future trends to watch for include potential impacts of changes in agricultural policies, advancements in feed technology, shifts in demand for poultry products, and environmental regulations influencing feed production processes.
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