Vietnam Animal Feed Market Scope, Demand Anlaysis and Outlook 2034
Vietnam Animal Feed Market Growth, Size, Trends Analysis - By Product, By Livestock - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Jul-2025 | Report ID: FOOD2592 | Pages: 1 - 241 | Formats*: |
| Category : Food & Beverages | |||
Vietnam Animal Feed Market Introduction and Overview
According to SPER Market Research, the Global Vietnam Animal Feed Market is estimated to reach USD 2.79 billion by 2034 with a CAGR of 3.85%.
The report includes an in-depth analysis of the Vietnam Animal Feed Market, including market size and trends, product mix, Applications, and supplier analysis. The Vietnam Animal Feed Market was valued at USD 1.91 billion in 2024 and is expected to grow at a CAGR of 3.85% from 2025 to 2034. Rising earnings, especially in emerging nations, have led to an increase in the consumption of meat and dairy products, which is responsible for this expansion. Furthermore, consumers who are concerned about their health are moving towards diets higher in protein, which increases demand for the production of cattle and poultry. Additionally, efficiency and nutritional quality are improved by the growth of the livestock and aquaculture sectors as well as technological developments in feed production.
By Product Insights
Due to the growing need for premium feed to support livestock production, fodder has a significant market share. As populations increase and dietary trends change towards higher-protein meals, there is an increasing need for efficient and nutrient-dense animal feed. Advances in agriculture and technology have improved the quality and productivity of fodder crops, making them more desirable to growers. Further supporting the growth of the fodder segment within the larger livestock and feed industry is the increased emphasis on sustainable farming practices that put animal productivity and health first.
By Livestock Insights
Due in significant part to the growing demand for items made from poultry meat, the poultry category dominated the market and held the greatest revenue share in 2024. As wages and populations grow, people are gravitating towards more reasonably priced protein sources, especially chicken. The expansion of industrial livestock production and the growing need for organic feed options both reinforce this trend. Moreover, improvements in feed formulations that boost nutritional content are essential for satisfying poultry's nutritional requirements, which will accelerate market expansion.
Regional Insights
At the moment, the Vietnam animal feed market is dominated by the country's southern area. This region's agricultural sector flourishes due to its vast and fertile soils, which give the animal feed industry a strong base. Feed production is further aided by the region's ideal weather, which includes plenty of rainfall and a warm environment. Furthermore, the Southern region's advantageous geographic location is a major factor in export prospects. It provides easy access to both domestic and foreign markets due to its proximity to important ports and transportation hubs. Because of its strategic location, it is the perfect centre for the animal feed sector, enabling effective distribution and broadening its market reach.
Market Competitive Landscape
The Vietnam Animal Feed Market is dominated by established players such as C.P. Group, Cargill Vietnam, Dabaco Group, De Heus Vietnam, Emivest Feedmill Vietnam Co. Ltd, Greenfeed Vietnam Corporation, New Hope Group, Proconco, Uni-President Vietnam Co. Ltd, Vina milk as well as a number of small and medium-sized companies. These companies are using a variety of strategies to increase their competitive edge. Investing in R&D to provide creative and sustainable feed formulations that satisfy changing customer needs is one of these tactics.
Recent Developments:
- In January 2024, Cargill established a brand-new, state-of-the-art premix factory in Vietnam to increase its capacity in the animal feed sector. The goal of this Binh Duong provincial factory is to manufacture premium premix products that are suited to the expanding Vietnam animal feed market in the area. Cargill's dedication to helping regional farmers and the livestock sector is demonstrated by this initiative.
- In August 2024, Charoen Pokphand Foods Public Company Limited (CP Foods) partnered with VEGA Instruments Co., Ltd to boost animal feed production efficiency. Key officials at CP Tower in Silom signed the agreement, which intends to include cutting-edge radar sensor technology for real-time raw material monitoring. In order to maximise production and guarantee food security throughout its operations in Thailand and abroad, CP Foods' Smart Feed program includes this invention.
Scope of the report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Product, By Livestock |
| Regions covered | Northern, Eastern, Western, Southern |
| Companies Covered | C.P. Group, Cargill Vietnam, Dabaco Group, De Heus Vietnam, Emivest Feedmill Vietnam Co. Ltd, Greenfeed Vietnam Corporation, New Hope Group, Proconco, Uni-President Vietnam Co. Ltd, Vina milk. |
Key Topics Covered in the Report
- Global Vietnam Animal Feed Market Size (FY’2021-FY’2034)
- Overview of Vietnam Animal Feed Market
- Segmentation of Global Vietnam Animal Feed Market by Product (Fodder, Forage)
- Segmentation of Global Vietnam Animal Feed Market by Livestock (Poultry, Cattle, Pork, Aquaculture, Others)
- Statistical Snap of Vietnam Animal Feed Market
- Expansion Analysis of Vietnam Animal Feed Market
- Problems and Obstacles in Vietnam Animal Feed Market
- Competitive Landscape in the Vietnam Animal Feed Market
- Details on Current Investment in Vietnam Animal Feed Market
- Competitive Analysis of Vietnam Animal Feed Market
- Prominent Players in the Vietnam Animal Feed Market
- SWOT Analysis of Vietnam Animal Feed Market
- Global Vietnam Animal Feed Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Vietnam Animal Feed Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Vietnam Animal Feed Market
7. Vietnam Animal Feed Market, By Product (USD Million) 2021-2034
- 7.1. Fodder
- 7.2. Forage
8. Vietnam Animal Feed Market, By Livestock (USD Million) 2021-2034
- 8.1. Poultry
- 8.2. Cattle
- 8.3. Pork
- 8.4. Aquaculture
- 8.5. Others
9. Vietnam Animal Feed Market, (USD Million) 2021-2034
- 9.1. Vietnam Animal Feed Market Size and Market Share
10. Vietnam Animal Feed Market, By Region, (USD Million) 2021-2034
- 10.1. Northern Vietnam
- 10.2. Eastern Vietnam
- 10.3. Western Vietnam
- 10.4. Southern Vietnam
11. Company Profile
- 11.1. C.P. Group
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. Cargill Vietnam
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. Dabaco Group
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. De Heus Vietnam
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. Emivest Feed mill Vietnam Co. Ltd
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. GreenFeed Vietnam Corporation
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
- 11.7. New Hope Group
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
- 11.8. Proconco
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
- 11.9. Uni-President Vietnam Co. Ltd
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
- 11.10. Vinamilk
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Product summary
- 11.10.4. Recent developments
- 11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Vietnam Animal Feeds Market size is USD 2.79 billion from 2025 to 2034.
Vietnam Animal Feeds Market is covered By Product, By Livestock
Southern Area is anticipated to have the highest Market share in the Vietnam Animal Feeds Market.
C.P. Group, Cargill Vietnam, Dabaco Group, De Heus Vietnam, Emivest Feedmill Vietnam Co. Ltd, Greenfeed Vietnam Corporation, New Hope Group, Proconco, Uni-President Vietnam Co. Ltd, Vina milk.
The report includes an in-depth analysis of the Global Vietnam Animal Feeds Market, including market size and trends, product mix, Applications, and supplier analysis
Vietnam Animal Feeds Market is projected to reach USD 2.79 billion by 2034, growing at a CAGR of 3.85% during the forecast period.
Vietnam Animal Feeds Market grew in Market size from 2025. The Market is expected to reach USD 2.79 billion by 2034, at a CAGR of 3.85% during the forecast period.
Vietnam Animal Feeds Market CAGR of 3.85% during the forecast period.
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