Vietnam Animal Feed Market Segments, Analysis & Statistics 2030
The Vietnam Animal Feed Market size was valued at around USD 130 million in 2024 and is expected to reach USD 184.20 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.98% during the forecast period, i.e., 2025-30.
The Vietnam Animal Feed Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of Vietnam Animal Feed Market 2030?
The Vietnam Animal Feed Market size was valued at around USD 130 million in 2024 and is expected to reach USD 184.20 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.98% during the forecast period, i.e., 2025-30.
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Who are the top companies operating in the Vietnam Animal Feed Market?
The report features prominent companies operating in the Vietnam Animal Feed Market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in Vietnam Animal Feed Market: Cargill Vietnam, CP Group (Charoen Pokphand), De Heus Vietnam, Mavin Group, GreenFeed Vietnam, Japfa Comfeed Vietnam, New Hope Group, Masan Group, Proconco (Provimi Vietnam), VNF Company, and Others
What is the key factor projected to fuel growth in the Vietnam Animal Feed Market between 2025 and 2030?
Large-Scale Livestock Production – In recent years, Vietnam has witnessed a rapid growth in the livestock production on a large scale in the country due to the high customer preference for rich protein diets, including pork, chicken, etc. Additionally, Vietnam is one of the largest exporters of both livestock and animal feed due to the high global demand for livestock. It has increased the demand for a significant amount of animal feed for these animals. For instance, in 2022, there were more than 6 million cattle raised in Vietnam. Also, as of 2024, Vietnam has produced over 30 million pigs and over 570 million poultry animals. This has increased the demand for animal feed in large quantities. Consequently, the country has produced over 15 million tons of animal feed for their animals, which shows about 6% increase in animal feed production every year.
Moreover, the demand is mainly coming from the Dong Nai region, which alone produced over 27 million poultry animals and more than 2.5 million swine in 2024. Similarly, the region has over 40 feed mills with an annual production of more than 4.2 metric tons. These factors are contributing to the market growth.
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Vietnam Animal Feed Market - Segmentation Analysis
- By Product Type (Poultry Feed, Swine Feed, Ruminant Feed, Aquaculture Feed, Others),
- By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Retail, Direct Sales),
- By End-User (Household, Commercial),
How does the Vietnam Animal Feed Market vary across different geography?
By Region
- Northern
- Central
- Southeast
- Mekong Delta
This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2025-2030) of the following segmentation and geography
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Comprehensive Table of Contents – Vietnam Animal Feed Market Analysis and Forecast, 2030
Table 1: Introduction
- Table 2: Executive Summary
- Table 3: Market Regulations, Policies & Standards
- Table 4: Vietnam Animal Feed Market Size, Share & Scope, 2025–2030
- Table 5: Market Trends & Developments
- Table 6: Market Dynamics (Key Drivers, and Challenges)
- Table 7: Market Hotspots & Opportunities
- Table 8: Market Value Chain Analysis
- Table 9: Market Outlook, 2025–2030
- Table 10: Market Size & Analysis by Revenues (USD Million):
- Table 11: Market Size & Forecast 2025–2030 by Segmentation
- Table 12: Market Size & Forecast 2025–2030 by Geography
- Table 13: Key Strategic Imperatives for Success & Growth
- Table 14: Competitor Analysis of Vietnam Animal Feed Market
Key Benefits for Industry Participants and Stakeholders
- Insight into emerging market trends and investment opportunities
- Understanding of regional market dynamics and competitive landscapes
- Data-driven forecasts to support strategic decision-making
- Access to industry benchmarks for performance evaluation
- Identification of potential risks and growth challenges
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