Aboitiz Foods is set to broaden its presence in Southeast Asia with a strategic expansion into East Malaysia (Borneo) slated for 2025. This initiative involves establishing an integrated feed-to-farm business model through a joint venture with a local partner. This move follows a recent increase in feed milling capacity in Vietnam and ongoing studies for further expansion in the Philippines and Indonesia, driven by stronger-than-expected feed volume growth in these markets. The company has also recently expanded its footprint in China with a new feed mill in Yunnan.
To support its regional growth in the feed business, Aboitiz Foods has allocated capital expenditure for the construction of research and development farms in Malaysia, Vietnam, and the Philippines. While focusing on expansion, the company is also mindful of global risks such as potential trade tariffs impacting raw material costs. These strategic moves underscore Aboitiz Foods’ commitment to strengthening its regional footprint and catering to the increasing demand across Asian markets.
Sources:
Aboitiz Foods expanding in Malaysia – Manila Standard
Aboitiz Foods to set up feed-to-farm business in Malaysia
