The Thailand Animal Feed Industry is growing at a steady pace due to the increase in broiler production, which is driven by rising income, increasing population, greater diversified consumption, and wheat feed demand.  The country’s per capita food consumption declines as the rising incomes support shifts from rice toward a more diversified diet with increased meat consumption, especially poultry. In 2017,Thailand imposed regulations that would require feed mills to purchase domestic corn before importing feed wheat, at a 3:1 domestic absorption rate of imported feed wheat/domestic corn, resulting in a significant reduction in the Thai feed wheat imports.

The Thailand feed antibiotics market was valued at USD 45.30 million in 2018 and is projected to reach USD 60.66 million by 2024, with a CAGR of 4.99%, during the forecast period. The World Health Organization South East Asia region (SEAR: Bangladesh, Bhutan, Democratic People’s Republic of Korea, India, Indonesia, the Maldives, Myanmar, Nepal, Sri Lanka, Thailand, and Timor-Leste) has developed intensive farming systems, leading to the rising consumption of fertilizers, antibiotics, and pesticides, of which, many farmers have limited technical knowledge. Thailand is projected to be the fastest-growing market, owing to the increasing meat production capacity. The increased industrial meat production to cater to the rising meat consumption is bolstering the demand for feed antibiotics, owing to lax regulations regarding the use of antibiotics as growth promoters in animal husbandry.