Product Code: ETC380789 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines Cattle Feed Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 10.99% in 2025, the market peaks at 13.42% in 2027, and settles at 9.18% by 2029.
By 2027, the Cattle Feed market in Philippines is anticipated to reach a growth rate of 13.42%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The cattle feed industry has witnessed steady growth over recent years on account of rising meat consumption attributed primarily due healthier diets among urban consumers coupled with sustainable government policies towards livestock production management which includes initiatives such as providing subsidized feeds for farmers & encouraging use of balanced nutrition feed through various schemes provided under Department Of Agriculture (DOA). As per latest reports, total revenue generated through sale of cattle feed reached approximately US$520 million in 2025 while it?s expected to grow steadily at an approximate rate 7. 1% during the forecast period driven mainly by developments associated with industrialization & automation including mechanized farming practices boosting efficiency levels within farms thereby enabling significant reduction cost incurred towards labor expenditure.
The Philippines cattle feed market is primarily driven by the country`s livestock industry and the need for efficient and balanced feed formulations. With the growing population`s demand for meat products, the cattle sector plays a significant role. The market is influenced by factors such as optimized nutrition, animal health concerns, and the desire to enhance meat quality and production efficiency. Additionally, the implementation of modern farming practices further drives the demand for cattle feed.
In the Philippines cattle feed market, fluctuations in the prices of raw materials like corn and soybean meal pose significant challenges. These price changes can impact the overall production costs for cattle feed manufacturers, making it difficult to maintain stable pricing for consumers. Moreover, ensuring consistent quality control in the production process across different batches of feed is another challenge, as variations can affect cattle health and growth.
The Philippines cattle feed market faced fluctuations due to the COVID-19 pandemic. The disruption of supply chains and restrictions on movement impacted the availability of feed ingredients. The closure of restaurants and reduced demand from food service establishments also influenced the market. However, as the agriculture sector gradually adapted to the new normal, including changes in distribution and sales channels, the market showed signs of recovery. The resilience of the cattle feed market was linked to the broader revival of the livestock and dairy industries.
San Miguel Foods, Inc., Universal Robina Corporation, Cargill Philippines, and Vitarich Corporation.