Investments Funding & M&A

The company added that it may carry out additional share purchases outside the programme if deemed appropriate, including block trades, under its existing shareholder authority.

The sector supports around 75 million livelihoods and contributes roughly 5% to GDP, valued at about US$32 billion.

According to Alltech, Asia remained the global center of feed production in 2025, with an output of 559 million tons.

For the first time in a decade, the number of cats in the U.S. has surpassed dogs, reinforcing demand for cat-focused nutrition products.

The plan targets six priority value chains: maize, sesame, sorghum, beans, citrus and animal feed.

AFIA said the initiative aims to strengthen market access for American animal food products in regions where demand for pet nutrition continues to grow.

The transition is part of a structured succession plan, with some responsibilities shifting from David Faith, who currently holds the dual roles of president and chairman of the board.

In a separate development, AgroPlantae has acquired Kemin Industries’ crop technologies portfolio, expanding its offerings in plant nutrition and biological crop protection.

The company is also preparing to commission a large-scale fish powder production facility to address malnutrition challenges.

The partnership introduces a new “Pet Tag” feature on Strava, allowing users to track walks, runs, and hikes completed with their dogs.