AAK Annual Report 2018

28 28 Feed 2018 has been one of our best years ever and we have now had continuous growth since 2015. Both the Feed business and our crusher have seen an increase in operating profit. We also managed to sell out the extra capacity which was created for ExPro ® . Solutions AAK supplies ExPro ® , a rapeseed meal, which is exposed to a special heat treatment process to improve the protein quality for ruminants. ExPro ® is a perfect soybean meal replacer. We also supply by-pass fats, which are used in dairy cattle feeds to increase milk yield, as well as simple liquid fats. Trends With farms increasingly producing their own feeds, demand is turning to more concentrated feed prod- ucts. These require smaller volumes of higher quality, containing more protein and more energy. In addition, we are seeing more customers turning to non-GMO feeds. New products We have developed a new by-pass fat based on rape- seed and shea fatty acids for the Norwegian market. Future growth We aim to grow with ExPro ® in non-GMO feeds and with by-pass fats. The most interesting opportunities are in Sweden’s neighboring countries where our market share is low. We will also reach out to other regions in AAK to investigate possibilities for increased coop- eration in order to help introduce new products to our portfolio, for example equine nutrition.