BioResource International are partners of Feed Additives Asia 2018. We spoke with Giles Shih, Co-Founder, Chairman and CEO.
[Feed Additives] Hi Giles, what are you most looking forward to at the conference?
[Giles Shih] Based on the agenda and my participation in the inaugural Feed Additives Conference in Frankfurt last year, I am looking forward to the “big picture” presentations during the Market Insight sessions on Day 1. Given the venue of Feed Additives Asia in Thailand this year, we are also looking forward to networking with many current and future partners and customers in Asia – a region that comprises some of the most active and exciting markets for feed additives in the world. We are also excited about the Technical Seminars on Day 3, especially those concerning the impact of feed additives on gut health in swine and in poultry given by Dr. Sung Woo Kim and Dr. Yuwares Ruangpanit, respectively, both highly-regarded experts in their fields that BRI has had the pleasure to work with before.
[Feed Additives] What are the biggest challenges your customers are facing?
[Giles Shih] Our customers are facing many of the same challenges – producing more animal protein in ways that are more cost-effective, while competing in an increasingly stringent feed safety and feed quality environment.
[Feed Additives] How has the market changed during your time in the industry?
[Giles Shih] Over the past two decades, enzyme feed additives have become more widely adopted by the industry – from the near-universal adoption of phytases to the ubiquity of xylanases to the increased acceptance of proteases and other carbohydrases/NSP enzymes. Also, the movement away from antibiotic growth promoters (AGPs) in Europe and the U.S. has driven a renewed interest in probiotics and other natural products. At the same time, there are fewer companies developing new and innovative feed additives, as smaller and mid-size companies become consolidated into larger companies across the value chain.
[Feed Additives] How do you think the market will evolve in the next 20 years?
[Giles Shih] Continued global consolidation across the industry will create fewer and larger end-users and will result in increased pricing pressure on feed additives in order to remain competitive in the marketplace. Also, I foresee a possible major industry disruption that is driven by emerging technologies (e.g., blockchain, artificial intelligence, cultured meat, gene-editing, synthetic biology, precision nutrition, etc.). Many of these technologies can be potentially introduced to the animal feed industry and it will certainly impact the traditional ways of commercial animal production.
About BioResource International, Inc., (BRI)
BRI is a biotechnology company focused on providing innovative, science-driven solutions for animal health and nutrition. With its industry-leading protease (Versazyme®/Cibenza® DP100) and high-performance xylanase (Xylamax®/Enerxyme®) on the market, BRI continues to innovate animal feed additives with a portfolio of new products in the pipeline, including the development of its Phytamax™, EnzaPro™, and Dymanase™ enzyme feed solutions. Focusing on science and technical innovation in animal nutrition, BRI has achieved a proven track record of bringing technology from the gene-level to commercial launch in a cost-effective and scalable manner. As Co-Founder, Chairman and CEO of BRI, Giles Shih helped build the company from a technology spinout from North Carolina State University into a fast-growing enterprise with a team of dedicated scientists and enzyme experts.