Vietnam Animal Feed Market Research Report: Forecast (2025-2030)

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 2^nd worldwide in terms of duck population. It has increased the demand for animal feed substantially in the country.

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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.

Vietnam Animal Feed Market Opportunity:

Infrastructure and Agro-Export Hub Development – The infrastructure development, including the animal husbandry zones and the export hubs, which will be disease-free, safer, and more hygienic, is increasing the potential market growth. These programs are backed by the Vietnamese government through heavy investments and policies. The government aimed to increase livestock production, targeting 22 pig-raising districts and 32 poultry districts free from disease by the end of 2025. For instance, in 2024, the southeast provincial government of Vietnam introduced a disease-free zone to protect the animals from lethal disease outbreaks and to increase biosecurity.

Additionally, the development of fine export hubs for animals and livestock is creating ample growth opportunities for this market. For instance, in 2024, the Binh Phuoc province of Vietnam built three large-scale poultry hatcheries producing over 11 million chicks per month, and four advanced feed mills by following food safety standards set by bodies like WOAH. These livestock are actively being exported to other countries like Japan from these export hubs, thus significantly raising the demand for high-quality animal feed in the country.

Vietnam Animal Feed Market Challenge:

Disease Outbreaks among Animals Hindering Market Growth – The market is facing a major challenge of disease outbreaks among animals, which reduce the overall demand for animal feed products. Various types of diseases like African Swine Fever (ASF) and Avian Influenza are highly prevalent in the country. For instance, Vietnam has witnessed around 17,000 ASF outbreaks in 2024, with more than 80,000 pigs culled. It has resulted in a drop in feed demand by more than 23% compared to 2023 nationally. For example, a company called PP Sun Vietnam has reported a sales drop from 2,000 tons to merely 1,000 tons, out of which almost 50% of its stock has expired or been wasted. Similarly, another company called Vinafeed Group saw a feed demand fall by approximately 5,000 tons per month. These have caused significant losses in animal feed production, thus restraining the market’s growth.

Vietnam Animal Feed Market Trend:

Antibiotic-Free Animal Feed with Natural Additives – The market is gaining traction due to the adoption of modern animal feed, which is free from antibiotics and contains other natural additives like enzymes, probiotics, and herbs to protect animal health naturally in the long run. This modification is a sustainable approach for this market, which is currently highly preferred over traditional animal feed.

Several companies, along with their manufacturing units, are making efforts to replace antibiotic addition in the animal feed with other healing and natural alternatives. For instance, the Green Feed company (2024) in Vietnam has launched two new antibiotic-free feed formulas that utilize active microorganisms to boost gut health. Additionally, CJ Vina Agri (2025) has recently launched a campaign called “2025 Find Challenge Reach” to increase the production of probiotic-enhanced feeds over antibiotic-driven feeds. These developments are transforming this market positively.

Vietnam Animal Feed Market (2025-30): Segmentation Analysis

The Vietnam Animal Feed Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2025–2030 at the national level. Based on the analysis, the market has been further classified as:

Based on Product Type:

• Poultry Feed
• Swine Feed
• Ruminant Feed
• Aquaculture Feed
• Others

Among these, swine feed holds the largest market share, accounting for approximately 40%. The dominance is due to the high demand for the swine population in the country, especially for pork consumption, as Vietnam is considered to be one of the fourth-largest pork-consuming countries in the world. For instance, as of 2024, the pork consumption rate in Vietnam was approximately 8 million tons annually, as nearly 98% of the Vietnamese households consume pork daily. In 2024, there were almost 30 million pigs in Vietnam demanded approximately 9 million tons of swine feed annually. This has shown the dominance of swine feed over other feed types in this market.

Additionally, the growth is driven by the reliance on pig farming for daily income by the small and rural households in the country. Also, pig farming requires smaller land areas, which the government largely supports through subsidies. For example, the Vietnamese government provides about USD4,100 to the medium farms, thus contributing to a significant demand for high-quality swine feed.

Based on Distribution Channel:

• Supermarkets/Hypermarkets
• Specialty Stores
• Online Retail
• Direct Sales

Out of these, the supermarkets & hypermarkets hold the largest market share of more than 60%. This is due to the broadest physical presence of these in most parts of Vietnam. There are around 1,200 supermarkets and hypermarkets in the country, with a large number of stores within these. Such markets have a wider audience, consumer preference, trust, and customer loyalty to specific offline shops. Additionally, these are the facilities that have a wider reach and accessibility even in rural and remote areas in the country. For instance, out of 1,100, almost 100 are present in rural and remote areas. This has increased the accessibility and affordability of purchasing animal feed from local stores, thus resulting in the maximum segmental revenue growth. For instance, a famous branded supermarket called Co-opmart has a strong rural expansion. Similarly, a few branches of Big C/GO are also present in rural areas of Vietnam.

Vietnam Animal Feed Industry Recent Development:

• 2024: De Heus Vietnam opened a new research center in Vĩnh Long province just for marine animals. There, nutritionists and scientists develop and test special feeds for shrimp, fish, crabs, and other crustaceans to help them grow faster, stay healthier, and use feed more efficiently.
• 2024: Japfa Comfeed Vietnam spent VND 400 billion (about USD 16.7 million) to upgrade its Vĩnh Phúc feed mill. After expansion, it can produce 444,000 tons of pig and chicken feed each year, helping supply farms across northern Vietnam.

Gain a Competitive Edge with Our Vietnam Animal Feed Market Report

1. Vietnam Animal Feed Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
2. This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
3. Vietnam Animal Feed Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.

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