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News and analysis on the global poultry
and animal feed industries.
on January 22, 2012

Thailand animal feed producer projects 20 percent sales increase

Charoen Pokphand Group, a Thailand producer of animal feed, meat and foods, expects sales to rise 20 percent in 2012 from a projected $33 billion recorded in 2011, driven by expansions into markets in China, India and Vietnam, and investment in food safety for agricultural goods and processed foods.

Charoen Pokphand Foods Plc expects revenue to climb by 50 percent to more than 300 billion baht (US$9.5 billion) in 2012, aided by the acquisition of businesses in China and Vietnam by parent company CP Group, according to a report.

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