International

Investment in animal production is still high

Livestock

A new set of analyses from DLG-Agrifuture Insights shows that, despite a drought season, Europe and Russia are still attractive for investors.

Posted on Oct 03 ,13:11

Investment in animal production is still high

Drought recorded this year in Russia and Western Europe has deteriorated the business climate in these regions but not so hard to stop investors from planning new agricultural projects.
Animal production is one of the most attractive sectors and the willingness to invest in Europe still lies above the long-term average, reports DLG (Deutsche Landwirtschafts-Gesellschaft – German Agricultural Society) a month before the opening of EuroTier, the world’s leading trade fair for animal production.
This year, 2,526 exhibitors from 62 countries will be showing a complete program covering modern animal production and solutions to the challenges of the future on an exhibition floor space of more than 260,000 square meters.

Every day during the show, the latest findings and proposed solutions will be discussed in a large number of expert presentations and discussion panels at EuroTier.

Chinese company dominate the show

The number of exhibitors from outside Germany continues to grow, reaching 1,484 companies (58.7%)The largest contingent of foreign exhibitors comes from China (254 companies). The second place is held by the Netherlands (207), followed by France (128), Italy (120), Spain (85), Denmark (70) the United Kingdom (62), Austria (55), Turkey (55), Belgium (51), Poland (49), Canada (31) and the USA (29).
DLG sees the high level of participation from outside Germany to mean that many companies in the field of international agribusiness are growing increasingly global and are specifically using EuroTier to develop new markets. Exhibitors from countries such as Morocco, Bangladesh, Vietnam, Hong Kong, Paraguay and Uruguay are taking part in the trade fair for the first time this year.

Cutting-edge innovations competition

Against this background, EuroTier’s Innovations Commission has considered 250 innovations – from more than 300 submissions – in the competition for the EuroTier Innovation Award 2018 and has selected 26 of these products to receive one Gold and 25 Silver Medals. Many of these innovations contribute to further improving the keeping conditions for livestock, as well as the working conditions for farm employees. The assessment centered on criteria such as safety at work and the improvement of working conditions, animal health, animal welfare and environmental compatibility.

Furthermore, DLG together with the German Association of Practicing Veterinarians  will for the first time present an “Animal Welfare Award” for products and solutions that make a particular contribution to satisfying the requirement for higher animal welfare standards.

 

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