The Vietnam Animal Feed Market size was USD 2.1 Billion in 2024 and is forecast to reach USD 3.4 Billion by 2033, growing at a CAGR of 5.18% during 2025-2033. Growth is driven by increased meat consumption, rising awareness of livestock health, advancements in feed formulations, growing livestock production, precision nutrition adoption, and innovative feed components. The market encompasses feeds for poultry, swine, ruminants, and aquatic animals, enhancing animal health and productivity.

Study Assumption Years

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

Vietnam Animal Feed Market Key Takeaways

• Current Market Size: USD 2.1 Billion (2024)
• CAGR: 5.18% (2025-2033)
• Forecast Period: 2025-2033
• Increasing meat consumption and rising awareness of livestock health are major growth drivers.
• Demand for premium quality and nutritionally enriched feeds is escalating due to food safety concerns.
• Growing livestock production and intensive farming practices amplify the need for balanced animal feeds.
• Adoption of precision nutrition techniques optimizes feed utilization and promotes growth.
• Advances in feed formulation and inclusion of probiotics and prebiotics enhance animal immunity and gut health.

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Market Growth Factors

The Vietnam animal feed market growth is primarily fueled by increasing global meat consumption and enhanced awareness regarding livestock health and nutrition. Consumers are demanding better quality meat and animal products, prompting feed manufacturers to develop advanced formulations that improve animal growth and productivity. The market benefits from the rising demand for premium, nutritionally enriched feeds that cater to various species and stages of animal growth.

Technology-driven trends such as the adoption of precision nutrition techniques allow farmers to optimize feed utilization, improving efficiency and reducing waste. The growth in livestock production, particularly in the dairy and poultry sectors, supports demand for specialized feeds. Moreover, intensive farming practices necessitate balanced feed to maintain the health and productivity of large animal populations.

Additionally, innovations in feed ingredients, including the integration of probiotics and prebiotics, help enhance gut health, immunity, and overall animal well-being. Government policies promoting sustainable livestock production and ongoing research in feed enzymes further stimulate market growth. The onset of e-commerce platforms has also widened product accessibility, facilitating the purchase of diverse feed products and supporting market expansion.

Market Segmentation

Type Insights:

• Swine Animal Feed: Comprises nutritionally balanced substances designed for domesticated swine, enhancing health and productivity.
• Poultry Animal Feed: Specially formulated feeds that support poultry growth, immunity, and production efficiency.
• Ruminant Feed: Feed tailored for ruminants like cattle, supporting digestion and nutrient absorption.
• Aquatic Feed: Nutritionally balanced feed for aquatic animals, promoting healthy growth and productivity.
• Others: Includes feeds catering to other livestock species with specific nutritional requirements.

Product Insights:

• Fodder: Comprises plant material (such as hay and silage) used as animal feed, essential for livestock nutrition.
• Forage: Fresh or preserved plant material consumed directly by animals, fundamental for ruminant diets.
• Others: Includes additional feed products not classified under fodder or forage.

Regional Insights

The report identifies Northern Vietnam, Central Vietnam, and Southern Vietnam as the major regional markets for animal feed. Each region contributes to the overall market development, with no specific dominant region highlighted. The market performance across these regions aligns with the growth in livestock farming, reflecting balanced regional contributions to the industry.

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players.

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