Vietnam Animal Feed Market Analysis - By Product Type (Poultry Feed, Swine Feed, Ruminant Feed, Aquaculture Feed, Others), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online... ... alty Stores, Online Retail, Direct Sales), By End-User (Household, Commercial), By Region (Northern, Central, Southeast, Mekong Delta) and Others Read more
- Food & Beverages
- Jul 2025
- 128
- PDF, Excel, PPT
Market Insights & Analysis: Vietnam Animal Feed Market (2025-30):
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 is significantly growing due to several factors, including the large livestock production, such as swine, poultry, aquatic animals, etc., the rising government support to develop infrastructure for animal husbandry & livestock exporting hubs in the country, the modification in the animal feed formulations to boost the immunity of animals, etc. Vietnam is producing 20 million tons of animal feed by almost 260 factories, due to high livestock production. Also, in 2023, Vietnam raised about 85 million ducks and was ranked 2nd worldwide in terms of duck population. It has increased the demand for animal feed substantially in the country.
| Report Coverage | Details |
|---|---|
| Historical Years | 2020–23 |
| Base Years | 2024 |
| Forecast Years | 2025–30 |
| Market Value in 2024 | USD 130 Million |
| Market Value by 2030 | USD 184.20 Million |
| CAGR (2025–30) | 5.98% |
| Top Key Players | 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 |
| Segmentation | 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), and Others |
| Key Report Highlights |
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Additionally, the Vietnamese government is supporting livestock production by providing significant funds to develop disease-free, safe, and hygienic zones for various animals to grow. Similarly, Vietnam is an exporting hub for animal stock to different countries like Japan, China, South Korea, Mongolia, etc. To maintain the supply chain, the government is making efforts to provide safer and cleaner exporting hubs to safeguard the animals. Moreover, the latest modifications in the animal feed by incorporating antibiotic-free formulations to transforming the market growth. However, the animals with lower immunity and unfavorable environmental conditions are highly vulnerable to disease outbreaks such as African Swine Fever and Avian Influenza in Vietnam; thus, many of these animals have to be culled from the process. It is leading to animal feed wastage and causing financial losses to the manufacturers, thus restraining the market growth.
Vietnam Animal Feed Market Driver:
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.
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Vietnam Animal Feed Market Policies, Regulations, and Product Standards
- Vietnam Animal Feed Market Supply Chain Analysis
- Vietnam Animal Feed Market Trends & Developments
- Vietnam Animal Feed Market Dynamics
- Growth Drivers
- Challenges
- Vietnam Animal Feed Market Hotspot & Opportunities
- Vietnam Animal Feed Market Outlook, 2025-2030
- Market Size & Outlook
- By Revenues (USD Million)
- By Volume (Million Tons)
- By Product Type
- Poultry Feed – Market Size & Forecast 2025–2030, USD Million
- Swine Feed – Market Size & Forecast 2025–2030, USD Million
- Ruminant Feed – Market Size & Forecast 2025–2030, USD Million
- Aquaculture Feed – Market Size & Forecast 2025–2030, USD Million
- Others – Market Size & Forecast 2025–2030, USD Million
- By Distribution Channel
- Supermarkets/Hypermarkets – Market Size & Forecast 2025–2030, USD Million
- Specialty Stores – Market Size & Forecast 2025–2030, USD Million
- Online Retail – Market Size & Forecast 2025–2030, USD Million
- Direct Sales – Market Size & Forecast 2025–2030, USD Million
- By End-User
- Household – Market Size & Forecast 2025–2030, USD Million
- Commercial – Market Size & Forecast 2025–2030, USD Million
- By Region
- Northern
- Central
- Southeast
- Mekong Delta
- By Product Type
- Market Size & Outlook
- Vietnam Household Animal Feed Market Outlook, 2025-2030
- Market Size & Outlook
- By Revenues (USD Million)
- By Volume (Million Tons)
- By Product Type– Market Size & Forecast 2025–2030, USD Million
- By Distribution Channel– Market Size & Forecast 2025–2030, USD Million
- By End-User– Market Size & Forecast 2025–2030, USD Million
- Market Size & Outlook
- Vietnam Commercial Animal Feed Market Outlook, 2025-2030
- Market Size & Outlook
- By Revenues (USD Million)
- By Volume (Million Tons)
- By Product Type– Market Size & Forecast 2025–2030, USD Million
- By Distribution Channel– Market Size & Forecast 2025–2030, USD Million
- By End-User– Market Size & Forecast 2025–2030, USD Million
- Market Size & Outlook
- Vietnam Animal Feed Market Key Strategic Imperatives for Success & Growth
- Competition Outlook
- Company Profiles
- Cargill Vietnam
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- CP Group (Charoen Pokphand)
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Cargill Vietnam
- De Heus Vietnam
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Mavin Group
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- GreenFeed Vietnam
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Japfa Comfeed Vietnam
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- New Hope Group
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Masan Group
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Proconco (Provimi Vietnam)
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- VNF Company
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Company Profiles
- Disclaimer
MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:
1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.
2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.
3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.
4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making