Vietnam Animal Feed Market 2030: Key Companies, Player Strategies & Forecast

 


Vietnam Animal Feed Market Size & Insights

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, ie, 2025-30.         

The Vietnam Animal Feed Market is significantly growing due to several growth factors, including the rapidly growing gaming industry, the rising demand for electronic devices, including TVs, smartphones, monitors, wearables, etc., the infrastructural development & expansion of production facilities, and the integration of artificial intelligence in Vietnam Animal Feed. 

What are the Key DROs in the  Vietnam Animal Feed  Market?

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.

What are the Key Segments in the Vietnam Animal Feed Market?

The Vietnam Animal Feed is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

-By End-User

  • Household – Market Size & Forecast 2025–2030, USD Million
  • Commercial – Market Size & Forecast 2025–2030, USD Million

 -By 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.

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-By  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.

 How does geographical analysis highlight in the Saudi Arabia Online Grocery Delivery market?

-By Region

  • Northern
  • Central
  • Southeast
  • Mekong Delta

Who are the Key Players in Vietnam Animal Feed Market?

  • CP Group (Charoen Pokphand)
  • From Heus Vietnam
  • Mavin Group
  • Japfa Comfeed Vietnam
  • GreenFeed Vietnam
  • New Hope Group
  • Proconco (Provimi Vietnam)
  • VNF Company
  • Others

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Vietnam Animal Feed Market News

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.

Key pillars of the research methodology include:

  • Scope & Research Design  – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.
  • Sample Selection & Data Collection  – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.
  • Data Analysis & Validation  – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.
  • Forecasting & Finalization  – Predictive modeling and time-series analysis anticipating future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.

“Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide,”  said a spokesperson for MarkNtel Advisors.

Why This MarkNtel Advisors Research Report:

  • In-depth Market Analysis : Understand trends and dynamics shaping growth.
  • Segmented Insights : Target specific segments for focused strategies.
  • Geographical Performance : Assess market opportunities by geographic area.
  • Emerging Technologies : Discover advancements like AI integration.
  • Risk Identification : Pinpoint challenges to inform strategic planning.
  • Future Forecasts : Prepare for market changes with actionable projections.

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