Vietnam Animal Feed Market Analysis, Revenue, Growth & Forecast 2035

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As per the latest research by Expert Market Research, the Vietnam Animal Feed Market was valued at 27.65 Million Tons in 2025 and is projected to expand steadily at a CAGR of 2.8% from 2026 to 2035, reaching 36.44 Million Tons by 2035.

The Vietnam Animal Feed Market continues to demonstrate strong structural growth supported by rising livestock production, increasing protein consumption, and modernization of feed manufacturing systems. Expert Market Research highlights that industrialization of livestock farming and rising aquaculture activities are key contributors to market expansion.

Key market drivers include growing demand for high-quality animal protein, expansion of poultry and aquaculture sectors, and increased adoption of nutritionally balanced compound feed. Additionally, foreign investments and technological advancements in feed processing are enhancing production efficiency across Vietnam.

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The Vietnam Animal Feed Market is expected to witness stable growth over the forecast period as livestock farming becomes more commercialized. Expert Market Research suggests that improving supply chain efficiency and increasing awareness about animal nutrition will further strengthen market development through 2035.

 

Market Definition

The Vietnam Animal Feed Market refers to the production, distribution, and consumption of feed products used for livestock, poultry, aquatic animals, and other farm animals. These feeds include raw materials and processed compounds designed to improve animal health, growth, and productivity.

Market Overview

The Vietnam Animal Feed Market is experiencing steady expansion due to rising demand for meat, dairy, and aquaculture products. Expert Market Research indicates that increasing industrial livestock farming practices and government support for agricultural modernization are accelerating market growth. The market is highly competitive with both domestic and international players operating across multiple livestock segments.

Market Size & Forecast Analysis: Expert Market Research Projections

Year Market Value (USD Million Tons)
2025 27.65
2026 28.42
2027 29.22
2028 30.04
2029 30.88
2030 31.74
2031 32.63
2032 33.54
2033 34.48
2034 35.45
2035 36.44

According to Expert Market Research, the Vietnam Animal Feed Market was valued at 27.65 in 2025 and is projected to grow at a CAGR of 2.8% to reach 36.44 by 2035 — based on consistent expansion in livestock production and feed demand across Vietnam.

Macroeconomic & Industry Linkage Analysis

Vietnam’s expanding agricultural economy plays a crucial role in shaping the Vietnam Animal Feed Market. Rising disposable incomes and urbanization are increasing demand for protein-rich diets, directly boosting feed consumption.

Expert Market Research notes that global commodity price fluctuations and supply chain dependencies on raw materials such as corn and soy significantly influence production costs and market stability.

Key Growth Drivers

  • Rising Livestock Production: Increasing demand for meat and dairy products is driving feed consumption.
  • Aquaculture Expansion: Strong growth in fish farming is boosting specialized feed demand.
  • Technological Advancements: Improved feed formulations enhance productivity and efficiency.
  • Foreign Investment: Global companies are investing in Vietnam’s feed manufacturing sector.
  • Rising Protein Consumption: Changing dietary patterns are increasing demand for animal protein.

Market Trends

One of the key trends in the Vietnam Animal Feed Market is the shift toward compound feed products, which offer better nutritional balance and efficiency. Expert Market Research highlights increasing automation in feed production facilities as a major transformation factor.

Another significant trend is the growing adoption of sustainable and antibiotic-free feed solutions driven by health-conscious consumers and export quality requirements.

Market Challenges & Risk Factors

Volatility in raw material prices such as corn and soy presents a major challenge for feed manufacturers. Dependency on imports also exposes the market to global supply chain disruptions.

Additionally, disease outbreaks in livestock and aquaculture systems can significantly impact feed demand and production cycles.

Market Opportunities & White Space Areas

There is strong opportunity in developing high-performance aquaculture feed as Vietnam continues to expand seafood exports. Expert Market Research identifies value-added feed formulations as a key growth area.

Expansion into organic and sustainable feed segments also presents untapped potential for both domestic and international players.

Value Chain & Supply Chain Analysis

The value chain includes raw material sourcing, feed formulation, production, distribution, and end-user consumption. Efficient supply chain integration is critical for maintaining cost competitiveness in the Vietnam Animal Feed Market.

Market Segmentation Analysis

Breakup by Type

  • Fodder and Forage
  • Compound Feed

Breakup by Livestock

  • Pork
  • Aquatic Animal
  • Cattle
  • Poultry
  • Others

Breakup by Raw Material

  • Soy
  • Corn
  • Others

Competitive Landscape

Company Headquarters Key Focus Area
Alltech Inc. United States Animal Nutrition Solutions
Nutreco N.V. Netherlands Sustainable Feed Innovation
Archer-Daniels-Midland Company United States Agri-commodities & Feed Ingredients
New Hope Liuhe Co., Ltd. China Integrated Livestock & Feed Production
De Heus Voeders BV Netherlands Compound Feed Manufacturing
BRF S.A. Brazil Poultry & Animal Protein Production
Cargill, Incorporated United States Feed Ingredients & Nutrition
Sunjin Vina Co., Ltd. Vietnam Livestock Feed Production
ANOVA FEED JSC Vietnam Animal Feed Manufacturing
Charoen Pokphand Foods PCL Thailand Integrated Agro-Industry & Feed
Others Various Regional Feed Manufacturers

Frequently Asked Questions (FAQs)

1. What is the current size of the Vietnam Animal Feed Market?
The market was valued at 27.65 Million Tons in 2025.

2. What is the projected CAGR of the Vietnam Animal Feed Market?
The market is expected to grow at a CAGR of 2.8% during 2026–2035.

3. Which region dominates the Vietnam Animal Feed Market?
Vietnam domestic market dominates due to strong livestock and aquaculture activities.

4. Who are the key players in the Vietnam Animal Feed Market?
Alltech Inc., Nutreco N.V., Archer-Daniels-Midland Company, New Hope Liuhe Co., Ltd., De Heus Voeders BV, BRF S.A., Cargill, Incorporated, Sunjin Vina Co., Ltd., ANOVA FEED JSC, Charoen Pokphand Foods PCL, Others.

5. What are the major growth drivers of the Vietnam Animal Feed Market?
Rising livestock production, aquaculture expansion, and increasing protein consumption.

6. What are the key segments of the Vietnam Animal Feed Market?
Type, livestock, and raw material segments define the market structure.

7. What challenges does the Vietnam Animal Feed Market face?
Raw material price volatility and supply chain dependencies are major challenges.

8. What is the forecast value of the Vietnam Animal Feed Market by 2035?
The market is expected to reach 36.44 Million Tons by 2035.

Expert Market Research concludes that the Vietnam Animal Feed Market will continue its steady expansion driven by structural agricultural transformation, rising protein demand, and technological innovation in feed production systems.

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About Us:

Expert Market Research is a global market intelligence and consulting platform by Claight delivering data-driven insights across commodities, chemicals, energy, and industrial markets. We design our research to support businesses, analysts, investors, and procurement teams in understanding price trends, supply-demand dynamics, competitive landscapes, gaining competitive intelligence, benchmarking best practices, and developing long-term market outlooks.

Our robust research methodologies, combined with validated primary and secondary data, ensure accuracy, consistency, and relevance. Our analysis is widely used not only for strategic planning, market-entry assessments, and sourcing decisions, but also for investment evaluation across international markets. Our strong emphasis on transparency, factual reporting, and regular data updates to reflect real-time market conditions always keeps you ahead of the curve.

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