Philippines Animal Feed Market (2025-2031) | Companies, industry, Size, Share, Revenue, Analysis, Forecast, Growth, Outlook
Market Forecast By Form (Pellets, Crumbles, Mash, Others), By Species (Poultry, Ruminants, Aqua, Swine, Others), By Type (Acidifiers, Probiotics, Enzyme, Antioxidants, Antibiotics, Vitamins, Minerals, Others) And Competitive Landscape
| Product Code: ETC018469 | Publication Date: Apr 2025 | Updated Date: Apr 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Philippines Animal Feed Market Highlights
| Report Name | Philippines Animal Feed Market |
| Forecast period | 2025-2031 |
| CAGR | 5.8% |
| Growing Sector | Agriculture & Livestock |
Topics Covered in the Philippines Animal Feed Market Report
The Philippines Animal Feed Market report thoroughly covers the market by Form, Species and Type. The report provides an unbiased and comprehensive analysis of current market trends, growth drivers, key challenges, investment opportunities, and competitive dynamics, which are vital for stakeholders aiming to align their strategies with the evolving market environment.
Philippines Animal Feed Market Synopsis
The Philippines animal feed market has shown consistent growth due to the rising demand for livestock and poultry products in the country. Increasing population, higher disposable incomes, and changing dietary preferences have driven the demand for meat, eggs, and dairy, which in turn boosts the consumption of animal feed. The sector is characterized by a mix of local and international feed manufacturers, with a focus on producing cost-effective yet nutritionally rich feed products.
According to 6Wresearch, the Philippines Animal Feed Market size is expected to grow at a significant CAGR of 5.8% during the forecast period 2025–2031. One of the main drivers of the animal feed market in the Philippines is the rising demand for livestock products such as meat, eggs, and dairy. With a growing population and increasing urbanization, consumer preferences are shifting towards protein-rich diets, driving the need for efficient and high-quality feed solutions. Additionally, advancements in feed technologies and the adoption of innovative feed additives to improve animal health and productivity are fueling market growth. Government policies supporting the agricultural and livestock sectors, alongside efforts to promote local feed production, also play a significant role in driving the Philippines Animal Feed Market growth.
Despite positive drivers, the animal feed market in the Philippines faces several challenges. One of the primary issues is the dependency on imported raw materials like corn and soybean meal, which makes the market vulnerable to global price volatility and supply chain disruptions. Another challenge is the rising cost of feed ingredients, which directly impacts production costs and profitability for livestock farmers.
Philippines Animal Feed Market Trends
The animal feed market in the Philippines is witnessing significant growth, driven by the rising demand for poultry, pork, and aquaculture products. The shifting dietary preferences among the population, combined with the growth of the livestock and aquaculture industries, significantly contribute to this upward trend. Additionally, advancements in feed formulation, such as the inclusion of functional additives to enhance nutrition and productivity, are shaping the market. However, global challenges, including supply chain disruptions and fluctuating raw material costs, continue to influence the dynamics of the industry.
Investment Opportunities in the Philippines Animal Feed Market
The Philippine animal feed market presents promising investment opportunities for both local and international investors. With the government's push towards modernizing agriculture and innovative feed production, there is ample scope for investments in sustainable feed solutions, research and development, and local raw material sourcing. Additionally, the rise in demand for high-quality, nutrient-rich feed products offers opportunities for expanding production and establishing advanced manufacturing facilities. Investors who prioritize eco-friendly and cost-efficient practices will likely gain a competitive edge in this evolving market.
Leading Players in the Philippines Animal Feed Market
The Philippines animal feed market is home to several prominent players that drive innovation and growth within the industry. Companies such as San Miguel Corporation, Pilmico Foods Corporation, and Universal Robina Corporation are among the leading names, offering a diverse portfolio of feed products designed to meet the nutritional needs of livestock and aquaculture. These market leaders focus heavily on research and development to enhance feed quality and efficiency, leveraging advanced technologies to stay competitive. Small and medium-sized enterprises (SMEs) also play a significant role, particularly in localized markets, adding strength to the industry’s overall ecosystem.
Government Regulations Introduced in the Philippines Animal Feed Market
The Philippine government has introduced various regulations to ensure the safety, quality, and sustainability of animal feed products. Agencies like the Bureau of Animal Industry (BAI) enforce strict standards on feed manufacturing, raw material quality, and distribution processes to protect both livestock health and human consumers. Policies promoting the use of environmentally sustainable practices and local sourcing of feed ingredients have also been introduced to reduce dependence on imported materials. Additionally, the government provides support and incentives to encourage innovation and compliance among feed producers, ensuring the market remains aligned with global best practices.
Future Insights of the Philippines Animal Feed Market
The future of the Philippines animal feed market presents opportunities for growth, driven by increasing demand for high-quality protein sources and advancements in feed development. Innovations in feed formulations, such as the inclusion of probiotics, enzymes, and alternative protein sources, are expected to gain traction, improving the efficiency and nutritional profile of feeds. The integration of digital technologies, like precision feeding techniques and data analytics, is poised to revolutionize production processes, enhancing productivity and sustainability. With a growing emphasis on eco-friendly solutions and government initiatives supporting the sector, the Philippines animal feed market is set to expand while maintaining its commitment to quality and resilience.
Market Segmentation Analysis
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Pellets to Dominate the Market Growth – By Form
According to Ravi Bhandari, Research Head, 6Wresearch, Among the different forms of animal feed in the Philippines, pellets are witnessing the fastest growth. The growing preference for pelletized feed is attributed to its higher digestibility, ease of handling, and ability to minimize feed wastage. Pellets provide a uniform nutrient composition and are especially effective in enhancing feed conversion ratios in livestock and poultry.
Poultry Feed to Dominate the Market Growth – By Species
In the species segment, poultry feed is experiencing robust growth in the Philippines animal feed market. This growth is largely driven by the increasing demand for chicken meat and eggs, which has led to a surge in poultry farming activities. With the rise of integrated poultry operations and the growing adoption of commercial farming practices, the need for nutritionally balanced and cost-effective poultry feed has soared.
Probiotics to Dominate the Market Growth– By Type
Probiotics are emerging as the fastest-growing feed additive type in the Philippines animal feed market. The shift toward antibiotic-free and sustainable livestock production is propelling the demand for probiotics, which help enhance gut health, immunity, and overall animal performance. These additives are increasingly favored for their natural approach in promoting growth and preventing diseases, aligning well with the global trend of reducing reliance on antibiotic growth promoters.
Key Attractiveness of the Report
- 10 Years of Market Numbers.
- Historical Data Starting from 2021 to 2024
- Base Year 2024
- Forecast Data until 2031
- Key Performance Indicators Impacting the Market
- Major Upcoming Developments and Projects
Key Highlights of the Report:
- Philippines Animal Feed Market Outlook
- Market Size of Philippines Animal Feed Market, 2024
- Forecast of Philippines Animal Feed Market, 2031
- Historical Data and Forecast of Philippines Animal Feed Revenues & Volume for the Period 2021 - 2031
- Philippines Animal Feed Market Trend Evolution
- Philippines Animal Feed Market Drivers and Challenges
- Philippines Animal Feed Price Trends
- Philippines Animal Feed Porter's Five Forces
- Philippines Animal Feed Industry Life Cycle
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Form for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Pellets for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Crumbles for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Mash for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Species for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Poultry for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Ruminants for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Aqua for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Swine for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Type for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Acidifiers for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Probiotics for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Enzyme for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Antioxidants for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Antibiotics for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Vitamins for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Minerals for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Others for the Period 2021 - 2031
- Philippines Animal Feed Import Export Trade Statistics
- Market Opportunity Assessment By Form
- Market Opportunity Assessment By Species
- Market Opportunity Assessment By Type
- Philippines Animal Feed Top Companies Market Share
- Philippines Animal Feed Competitive Benchmarking By Technical and Operational Parameters
- Philippines Animal Feed Company Profiles
- Philippines Animal Feed Key Strategic Recommendations
Market Covered
The report offers a comprehensive study of the subsequent market segments
By Form
- Pellets
- Crumbles
- Mash
- Others
By Species
- Poultry
- Ruminants
- Aqua
- Swine
- Others
By Type
- Acidifiers
- Probiotics
- Enzyme
- Antioxidants
- Antibiotics
- Vitamins
- Minerals
- Others
Philippines Animal Feed Market (2025-2031): FAQs
Rising demand for meat, aquaculture expansion, and government support for livestock productivity are key drivers.
Pellets are widely used due to their balanced nutrition and ease of storage.
Feed cost volatility, dependency on imports, and inconsistent quality standards are major challenges.
Poultry leads the market owing to high demand for chicken and eggs in Filipino diets.
Yes, especially in digital commerce platforms, logistics networks, and innovative feed formulations.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Philippines Animal Feed Market Overview |
| 3.1 Philippines Country Macro Economic Indicators |
| 3.2 Philippines Animal Feed Market Revenues & Volume, 2021 & 2031F |
| 3.3 Philippines Animal Feed Market - Industry Life Cycle |
| 3.4 Philippines Animal Feed Market - Porter's Five Forces |
| 3.5 Philippines Animal Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
| 3.6 Philippines Animal Feed Market Revenues & Volume Share, By Species, 2021 & 2031F |
| 3.7 Philippines Animal Feed Market Revenues & Volume Share, By Type, 2021 & 2031F |
| 4 Philippines Animal Feed Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Philippines Animal Feed Market Trends |
| 6 Philippines Animal Feed Market, By Types |
| 6.1 Philippines Animal Feed Market, By Form |
| 6.1.1 Overview and Analysis |
| 6.1.2 Philippines Animal Feed Market Revenues & Volume, By Form, 2021 & 2031F |
| 6.1.3 Philippines Animal Feed Market Revenues & Volume, By Pellets, 2021 & 2031F |
| 6.1.4 Philippines Animal Feed Market Revenues & Volume, By Crumbles, 2021 & 2031F |
| 6.1.5 Philippines Animal Feed Market Revenues & Volume, By Mash, 2021 & 2031F |
| 6.1.6 Philippines Animal Feed Market Revenues & Volume, By Others, 2021 & 2031F |
| 6.2 Philippines Animal Feed Market, By Species |
| 6.2.1 Overview and Analysis |
| 6.2.2 Philippines Animal Feed Market Revenues & Volume, By Poultry, 2021 & 2031F |
| 6.2.3 Philippines Animal Feed Market Revenues & Volume, By Ruminants, 2021 & 2031F |
| 6.2.4 Philippines Animal Feed Market Revenues & Volume, By Aqua, 2021 & 2031F |
| 6.2.5 Philippines Animal Feed Market Revenues & Volume, By Swine, 2021 & 2031F |
| 6.2.6 Philippines Animal Feed Market Revenues & Volume, By Others, 2021 & 2031F |
| 6.3 Philippines Animal Feed Market, By Type |
| 6.3.1 Overview and Analysis |
| 6.3.2 Philippines Animal Feed Market Revenues & Volume, By Acidifiers, 2021 & 2031F |
| 6.3.3 Philippines Animal Feed Market Revenues & Volume, By Probiotics, 2021 & 2031F |
| 6.3.4 Philippines Animal Feed Market Revenues & Volume, By Enzyme, 2021 & 2031F |
| 6.3.5 Philippines Animal Feed Market Revenues & Volume, By Antioxidants, 2021 & 2031F |
| 6.3.6 Philippines Animal Feed Market Revenues & Volume, By Antibiotics, 2021 & 2031F |
| 6.3.7 Philippines Animal Feed Market Revenues & Volume, By Vitamins, 2021 & 2031F |
| 6.3.8 Philippines Animal Feed Market Revenues & Volume, By Others, 2021 & 2031F |
| 6.3.9 Philippines Animal Feed Market Revenues & Volume, By Others, 2021 & 2031F |
| 7 Philippines Animal Feed Market Import-Export Trade Statistics |
| 7.1 Philippines Animal Feed Market Export to Major Countries |
| 7.2 Philippines Animal Feed Market Imports from Major Countries |
| 8 Philippines Animal Feed Market Key Performance Indicators |
| 9 Philippines Animal Feed Market - Opportunity Assessment |
| 9.1 Philippines Animal Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
| 9.2 Philippines Animal Feed Market Opportunity Assessment, By Species, 2021 & 2031F |
| 9.3 Philippines Animal Feed Market Opportunity Assessment, By Type, 2021 & 2031F |
| 10 Philippines Animal Feed Market - Competitive Landscape |
| 10.1 Philippines Animal Feed Market Revenue Share, By Companies, 2024 |
| 10.2 Philippines Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
Market Forecast By Form (Pellets, Crumbles, Mash, Others), By Species (Poultry, Ruminants, Aqua, Swine, Others), By Type (Acidifiers, Probiotics, Enzyme, Antioxidants, Antibiotics, Vitamins, Minerals, Others) And Competitive Landscape
| Product Code: ETC018469 | Publication Date: Nov 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Topics Covered in the Philippines Animal Feed Market
Philippines Animal Feed Market report thoroughly covers the market by form, by species, and by type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Philippines Animal Feed Market Synopsis
Philippines Animal Feed Market is booming industry that is tightly regulated, constantly evolving, and catered to provide well-formulated and healthy diets to various animals. The growing demand for meat and dairy products, increased investment in animal husbandry practices, and a shift towards high-quality animal products have all contributed to the rapid expansion of the Philippines animal feed market growth. Animal feed is essential for the growth and health of livestock in the Philippines. The country's livestock industry has continued to grow over the recent years, thereby leading to an increase in demand for animal feed products. The Philippines animal feed market has been one of the fastest-growing industries in the country with significant contributions to the country's economy. With a large and growing population, the demand for animal protein and related products is also increasing rapidly. This trend has helped stimulate the growth of the animal feed industry that caters to the needs of various livestock and poultry sectors in the country.
According to 6Wresearch, the Philippines Animal Feed Market Size is estimated to grow at a CAGR of 4.8% during the forecast period of 2025-2031. One of the significant drivers of the Philippines animal feed market is the growing demand for meat products. The increasing population and urbanization have led to an increase in demand for meat and related products such as milk and eggs. This has prompted the demand for animal feed, which is a critical input in livestock production. Moreover, the high incidence of livestock disease outbreaks in the country has escalated the demand for quality animal feed. Despite the growth in the market, there are several challenges that the industry players are facing. One of the significant challenges is the high cost of imported raw materials such as soybean meal and corn, which are mainly used in animal feed production. Another significant challenge is the outbreak of animal diseases, which can significantly impact the demand for animal feed. For instance, an outbreak of African Swine Fever (ASF) in the country led to the loss of millions of swine, which had a significant impact on the demand for swine feed. Apart from this, one of the emerging trends in the Philippines Animal Feed Industry is the growing demand for organic and natural animal feed. Consumers are becoming more concerned about the safety and quality of animal-derived products they consume, which has prompted the shift towards natural and organic animal feed. Furthermore, there is a growing interest in feed additives such as enzymes, amino acids, and probiotics, which can improve animal health, and support the growth and development of livestock and poultry.
Government policies and schemes introduced in the Philippines Animal Feed Market
The Philippines has been known for its agriculture and animal husbandry. With its fertile land and abundant natural resources, it has become one of the biggest suppliers of livestock. The animal feed industry, in particular, has grown rapidly due to the growing demand for meat and poultry products. As such, the government has implemented policies and schemes to ensure the sustainable growth of the industry while addressing the concerns on quality and affordability of feeds. One of the notable policies introduced is the Rapid Livestock and Poultry Feasibility Studies and master plans by the Department of Agriculture (DA). This program provides assistance in the development of livestock and poultry production in various regions of the country. As part of the Feed and Livestock Program, the DA also initiated the “Integrated Livestock-Fisheries Gallen Development Project.” This project focuses on the development of livestock, poultry, and aquaculture projects in one location. Another initiative by the government is the formulation and implementation of animal welfare laws, particularly the Animal Welfare Act of 1998. The law provides guidelines for the proper treatment of animals, including livestock. This act aims to prevent and punish any form of cruelty, maltreatment, and neglect of animals.
Leading players in the Philippines Animal Feed Market
Some of the leading players in the animal feed industry in the Philippines include San Miguel Corporation, B-MEG, Cargill, and Universal Robina Corporation. These companies offer a wide range of feeds for livestock and poultry, including concentrates, supplements, and complete feeds. They also provide technical assistance, training, and even financial support to local farmers and entrepreneurs.
Market analysis by Form
By Form, Pellets are the most common form of feed in the Philippines as they contain the necessary nutrients and are easy to digest. Crumbles are another popular form of feed, especially for young and small animals. Mash, on the other hand, is a finely ground feed that is mixed with water or milk to form a porridge-like substance. The other form of animal feed includes zooplankton and insects. Among these four forms of animal feed, pellets stand out as the dominating segment as they are convenient for farmers to store and transport, and they offer high feed efficiency, which promotes livestock growth.
Market Analysis by Species
According to Nikhil, Senior Research Analyst, 6Wresearch, poultry is the largest market segment, accounting for a significant share of the total animal feed market. Poultry feed is mostly in the form of pellets, as they provide the necessary nutrients for chickens to grow and lay eggs.
Market Analysis by Type
By Type, antibiotics are expected to dominate the Philippines Animal Feed Market Share due to the increasing concern about antibiotic resistance.
Key attractiveness of the report
- 10 Years Market Numbers.
- Historical Data Starting from 2021 to 2024.
- Base Year: 2024.
- Forecast Data until 2031.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- Philippines Animal Feed Market Outlook
- Market Size of Philippines Animal Feed Market, 2024
- Forecast of Philippines Animal Feed Market, 2031
- Historical Data and Forecast of Philippines Animal Feed Revenues & Volume for the Period 2021 - 2031
- Philippines Animal Feed Market Trend Evolution
- Philippines Animal Feed Market Drivers and Challenges
- Philippines Animal Feed Price Trends
- Philippines Animal Feed Porter's Five Forces
- Philippines Animal Feed Industry Life Cycle
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Form for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Pellets for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Crumbles for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Mash for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Species for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Poultry for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Ruminants for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Aqua for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Swine for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Others for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Type for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Acidifiers for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Probiotics for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Enzyme for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Antioxidants for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Antibiotics for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Vitamins for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Minerals for the Period 2021 - 2031
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Others for the Period 2021 - 2031
- Philippines Animal Feed Import Export Trade Statistics
- Market Opportunity Assessment By Form
- Market Opportunity Assessment By Species
- Market Opportunity Assessment By Type
- Philippines Animal Feed Top Companies Market Share
- Philippines Animal Feed Competitive Benchmarking By Technical and Operational Parameters
- Philippines Animal Feed Company Profiles
- Philippines Animal Feed Key Strategic Recommendations
Market Covered
The report offers a comprehensive study of the subsequent market segments:
By Form
- Pellets
- Crumbles
- Mash
- Others
By Species
- Poultry
- Ruminants
- Aqua
- Swine
- Others
By Type
- Acidifiers
- Probiotics
- Enzyme
- Antioxidants
- Antibiotics
- Vitamins
- Minerals
- Others
Market Forecast By Form (Pellets, Crumbles, Mash, Others), By Species (Poultry, Ruminants, Aqua, Swine, Others), By Type (Acidifiers, Probiotics, Enzyme, Antioxidants, Antibiotics, Vitamins, Minerals, Others) And Competitive Landscape
| Product Code: ETC018469 | Publication Date: Mar 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Philippines Animal Feed Market is projected to grow over the coming year. The Philippines Animal Feed Market report is a part of our periodical regional publication Asia Pacific Animal Feed Market outlook report. 6W tracks the Animal Feed market for over 60 countries with individual country-wise market opportunity assessments and publishes the report titled Global Animal Feed Market outlook report annually.
Latest 2023 Development of the Philippines Animal Feed Market
The Philippines Animal Feed Market is forecast to grow at augmenting rate owing to the increasing population and rising income levels in the Philippines. The adoption of modern feeding technologies such as precision feeding, feed management software, and automated feeders improves the efficiency of their operations and reduces costs. Additionally, the cost of raw materials such as corn and soybean meal has been increasing due to trade disruptions, climate change, and higher demand. The animal feed industry in the Philippines is amalgamating and this trend is expected to continue as the market is becoming competitive. The increasing focus on sustainability in the animal feed industry has led to the adoption of sustainable practices such as reducing the use of antibiotics.
However, rising raw material costs and the adoption of sustainable practices to remain competitive in the market are the major challenging factors for the market. With the growing population and increasing disposable income, the demand for meat and dairy products is increasing, leading to higher demand for animal feed in the Philippines.
Philippines Animal Feed Market Synopsis
The Philippines Animal Feed Market is anticipated to gain momentum during the forthcoming years owing to the rising preference of consumers towards a healthy lifestyle. Rising per capita income along with increasing consumer inclination towards the adoption of a vegan diet is fueling the growth of the market. Additionally, the increasing consumption of meat, milk and animal-based products triggers the potential growth of the market. Growing urbanization and changing diet patterns propel the growth of the market.
According to 6Wresearch, Philippines Animal Feed Market size is projected to register growth during 2020-2026. Increasing industrialization in the livestock sector coupled with a large number of farmers beholds the development of the market. Additionally, the demand for higher value and quality food backed by premium quality meat is propelling the growth of the animal feed market in the Philippines. The rising demand for processed meat has contributed towards enhancing animal productivity. However, the animal feed market suffered a setback due to the outburst of COVID-19 backed by worldwide restrictions. The nationwide lockdown led to the disruption in the supply chain further beholds the declining growth of the Animal Feed Market.
Market Analysis by Species
On the basis of Species, Ruminants are likely to account for the highest share during the forthcoming period on account of increasing carbohydrates in their diet.
Market Analysis by Type
Based on type, probiotics are expected to lead the market owing to their property of digestibility.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2016 to 2019.
- Base Year: 2019
- Forecast Data until 2026.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report:
- Philippines Animal Feed Market Outlook
- Market Size of Philippines Animal Feed Market, 2019
- Forecast of Philippines Animal Feed Market, 2026
- Historical Data and Forecast of Philippines Animal Feed Revenues & Volume for the Period 2016 - 2026
- Philippines Animal Feed Market Trend Evolution
- Philippines Animal Feed Market Drivers and Challenges
- Philippines Animal Feed Price Trends
- Philippines Animal Feed Porter's Five Forces
- Philippines Animal Feed Industry Life Cycle
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Form for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Pellets for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Crumbles for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Mash for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Others for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Species for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Poultry for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Ruminants for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Aqua for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Swine for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Others for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Type for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Acidifiers for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Probiotics for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Enzyme for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Antioxidants for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Antibiotics for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Vitamins for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Minerals for the Period 2016 - 2026
- Historical Data and Forecast of Philippines Animal Feed Market Revenues & Volume By Others for the Period 2016 - 2026
- Philippines Animal Feed Import Export Trade Statistics
- Market Opportunity Assessment By Form
- Market Opportunity Assessment By Species
- Market Opportunity Assessment By Type
- Philippines Animal Feed Top Companies Market Share
- Philippines Animal Feed Competitive Benchmarking By Technical and Operational Parameters
- Philippines Animal Feed Company Profiles
- Philippines Animal Feed Key Strategic Recommendations
Market Segmentation:
The report provides a detailed analysis of the following market segments:
By Form
- Pellets
- Crumbles
- Mash
- Others
By Species
- Poultry
- Ruminants
- Aqua
- Swine
- Others
By Type
- Acidifiers
- Probiotics
- Enzyme
- Antioxidants
- Antibiotics
- Vitamins
- Minerals
- Others
Pricing
- Single User License$ 1,995
- Department License$ 2,400
- Site License$ 3,120
- Global License$ 3,795
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