| Product Code: ETC4595251 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The Vietnam Feed Plant-based Protein market is evolving in response to the increasing awareness of sustainable and alternative protein sources for animal feed. As the demand for meat and dairy products rises, there is a growing emphasis on reducing the environmental impact of livestock farming. Plant-based proteins, derived from sources such as soybean, peas, and canola, are gaining traction for their nutritional benefits and lower ecological footprint. The market dynamics are influenced by changing consumer preferences, environmental concerns, and advancements in plant-based protein technologies.
The Vietnam Feed Plant-based Protein market is primarily influenced by the shift towards sustainable and plant-based diets for animals. As consumers become more environmentally conscious and seek alternatives to traditional animal-based feed ingredients, there`s a growing demand for plant-based proteins. These proteins are not only seen as more sustainable but also contribute to reducing the environmental footprint of animal agriculture. Additionally, the adoption of plant-based proteins aligns with the increasing awareness of animal welfare and the desire for cleaner and more ethical food production practices.
The Vietnam Feed Plant-based Protein market grapples with challenges that impact its development and market acceptance. One notable challenge is the need for a stable and cost-effective supply of plant-based protein sources that can substitute traditional animal-derived proteins. Ensuring the nutritional adequacy of plant-based protein formulations is crucial for meeting the dietary requirements of diverse livestock species. The market also faces challenges related to the perception of plant-based proteins in animal diets, requiring education and awareness campaigns among farmers and feed manufacturers. Regulatory considerations, including the approval and registration of plant-based protein products, add complexity to market entry and product development. Economic factors, such as the competitiveness of plant-based protein prices compared to traditional alternatives, influence purchasing decisions by farmers. Overcoming these challenges requires collaborative efforts and innovative solutions in the Vietnam Feed Plant-based Protein market.
The Vietnam Feed Plant-based Protein Market underwent changes during the pandemic, driven by disruptions in the global supply chain and fluctuations in commodity prices. The demand for plant-based proteins in animal feed remained resilient, reflecting the growing interest in sustainable and alternative protein sources. The market adapted by exploring local sourcing and emphasizing the sustainability of plant-based protein production. Despite challenges, the crisis accelerated the shift towards more sustainable and environmentally friendly practices in the feed industry.
The Vietnam Feed Plant-based Protein market is witnessing significant growth, driven by the rising demand for sustainable and plant-derived protein sources in animal feeds. Several key players are contributing to the market`s development. Companies like V-PRO Company, GreenFeed, and Agri-Food Joint Stock Company are at the forefront of providing innovative plant-based protein solutions for animal nutrition. V-PRO Company, for instance, specializes in developing soy-based protein concentrates, while GreenFeed is known for its range of plant protein products aimed at enhancing the nutritional value of animal feeds.
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 Vietnam Feed Plant-based Protein Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Feed Plant-based Protein Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Feed Plant-based Protein Market - Industry Life Cycle |
3.4 Vietnam Feed Plant-based Protein Market - Porter's Five Forces |
3.5 Vietnam Feed Plant-based Protein Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Vietnam Feed Plant-based Protein Market Revenues & Volume Share, By Livestock, 2021 & 2031F |
3.7 Vietnam Feed Plant-based Protein Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Vietnam Feed Plant-based Protein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health and sustainability benefits of plant-based protein. |
4.2.2 Growing demand for alternative protein sources due to environmental concerns associated with traditional livestock farming. |
4.2.3 Government initiatives promoting the adoption of plant-based diets for health and environmental reasons. |
4.3 Market Restraints |
4.3.1 Lack of awareness and understanding among consumers about plant-based protein sources. |
4.3.2 High production costs of plant-based proteins compared to conventional feed ingredients. |
4.3.3 Limited availability and variety of plant-based protein sources in the market. |
5 Vietnam Feed Plant-based Protein Market Trends |
6 Vietnam Feed Plant-based Protein Market, By Types |
6.1 Vietnam Feed Plant-based Protein Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Feed Plant-based Protein Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Vietnam Feed Plant-based Protein Market Revenues & Volume, By Soy, 2021-2031F |
6.1.4 Vietnam Feed Plant-based Protein Market Revenues & Volume, By Wheat, 2021-2031F |
6.1.5 Vietnam Feed Plant-based Protein Market Revenues & Volume, By Pea, 2021-2031F |
6.1.6 Vietnam Feed Plant-based Protein Market Revenues & Volume, By Sunflower, 2021-2031F |
6.2 Vietnam Feed Plant-based Protein Market, By Livestock |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Feed Plant-based Protein Market Revenues & Volume, By Pets, 2021-2031F |
6.2.3 Vietnam Feed Plant-based Protein Market Revenues & Volume, By Swine, 2021-2031F |
6.2.4 Vietnam Feed Plant-based Protein Market Revenues & Volume, By Ruminants, 2021-2031F |
6.2.5 Vietnam Feed Plant-based Protein Market Revenues & Volume, By Poultry, 2021-2031F |
6.2.6 Vietnam Feed Plant-based Protein Market Revenues & Volume, By Aquatic Animals, 2021-2031F |
6.3 Vietnam Feed Plant-based Protein Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Feed Plant-based Protein Market Revenues & Volume, By Concentrates, 2021-2031F |
6.3.3 Vietnam Feed Plant-based Protein Market Revenues & Volume, By Isolates, 2021-2031F |
7 Vietnam Feed Plant-based Protein Market Import-Export Trade Statistics |
7.1 Vietnam Feed Plant-based Protein Market Export to Major Countries |
7.2 Vietnam Feed Plant-based Protein Market Imports from Major Countries |
8 Vietnam Feed Plant-based Protein Market Key Performance Indicators |
8.1 Adoption rate of plant-based protein in livestock feed formulations. |
8.2 Percentage of feed manufacturers offering plant-based protein options. |
8.3 Investment in research and development for new plant-based protein sources. |
8.4 Number of partnerships between feed manufacturers and plant-based protein suppliers. |
8.5 Consumer perception and acceptance of plant-based protein in livestock feed. |
9 Vietnam Feed Plant-based Protein Market - Opportunity Assessment |
9.1 Vietnam Feed Plant-based Protein Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Vietnam Feed Plant-based Protein Market Opportunity Assessment, By Livestock, 2021 & 2031F |
9.3 Vietnam Feed Plant-based Protein Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Vietnam Feed Plant-based Protein Market - Competitive Landscape |
10.1 Vietnam Feed Plant-based Protein Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Feed Plant-based Protein Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |