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: ETC018470 | Publication Date: Jun 2024 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
According to 6Wresearch internal database and industry insights, the Vietnam Animal Feed Market is projected to witness significant Market Growth, registering a compound annual growth rate (CAGR) of approximately 6.4% during the forecast period (2025–2031).
| Report Name | Vietnam Animal Feed Market |
| Forecast period | 2025-2031 |
| CAGR | 6.4% |
| Growing Sector | Swine Feed |
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Years | Est. Annual Growth | Growth Drivers |
| 2020 | 2.40% | Market slowdown due to reduced livestock output and limited export demand. |
| 2021 | 3.60% | Recovery in livestock production and feed milling expansion. |
| 2022 | 4.80% | Rising swine herd rebuilding and poultry integration. |
| 2023 | 5.60% | Increased aquaculture feed demand and local ingredient sourcing. |
| 2024 | 6.10% | Technological advancement in feed formulation and additive use. |
The Vietnam Animal Feed Market report comprehensively covers the market by Form, Species, and Type. The report delivers an in-depth and data-driven evaluation of Industry trends, growth opportunities, and market dynamics, enabling stakeholders to align their strategies with future Market Size, Share, and Revenue growth.
The Vietnam Animal Feed Market growth is estimated to increase in the coming years, influenced by expansion of commercial livestock farming and aquaculture development in the country. Additionally, modernization of feed manufacturing infrastructure is estimated to be another major growth proliferating factor of the market. Livestock performance and productivity are being enhanced due to the rising deployment of pelleted, fortified, and probiotic-based feed formulations.
Below mentioned are some prominent drivers and their influence on market dynamics:
| Drivers | Primary Segments Affected | Why It Matters (Evidence) |
| Swine Herd Rebuilding Programs | Pellets; Vitamins & Minerals | Feed demand rises as swine population recovers post-production disruptions. |
| Growth of Aquaculture Sector | Crumbles; Enzyme Additives | Protein feed consumption is high as Vietnam’s strong fish and shrimp exports. |
| Expansion of Feed Manufacturing Capacity | Pellets; Probiotics | Modern feed mills enhance production efficiency and quality control. |
| Foreign Direct Investment in Agribusiness | Pellets; Antioxidants | Multinational firms bring new feed technologies and global best practices. |
| Nutritional Awareness & R&D | Pellets; Acidifiers | Growing focus on animal health, feed conversion, and productivity. |
The Vietnam Animal Feed Market is expected to expand at a CAGR of 6.4% during 2025–2031. The country’s expanding livestock and aquaculture industries, rising meat consumption, and growing focus on feed quality and nutrition are contributing to the market growth. The production of feed for poultry, swine, and aquaculture sectors has increased due to rising demand for poultry, pork, and seafood. Also, to reduce import dependence and boost domestic manufacturing, the government has been supporting for sustainable farming practices and local feed production. Feed efficiency and animal health are being improved due to growing technological advancements in feed formulation. Additionally, the shift toward high-quality and eco-friendly feed ingredients is promoting better productivity and long-term sustainability.
Below mentioned are some major restraints and their influence on market dynamics:
| Restraints | Primary Segments Affected | What This Means (Evidence) |
| Raw Material Price Fluctuations | All Feed Types | Dependence on imported corn and soybeans increases production costs. |
| Uneven Quality Standards | Mash; Additives | Inconsistent regulations affect uniform feed quality and safety compliance. |
| Limited Cold Storage Infrastructure | Poultry & Aquafeed | Impacts ingredient preservation and feed shelf life. |
| Energy and Logistics Costs | Pellets; Crumbles | Increases final feed prices and reduces profit margins. |
On the other hand, there are various challenges that could affect the market growth. These challenges include volatile ingredient prices, inconsistent regulation enforcement, and infrastructure gaps. Technology adoption and financing constraints are seen, especially among smaller domestic feed mills. Furthermore, competition from regional feed producers and rising operational costs present hurdles. However, modernization initiatives, trade partnerships, and expansion of the aquaculture sector are creating new opportunities for growth and diversification.
Some emerging trends shaping the market landscape are:
Some prominent investment opportunities in the market include:
Some leading players operating in the market include:
| Company Name | CP Vietnam Corporation (Charoen Pokphand Group) |
| Established Year | 1993 |
| Headquarters | Ho Chi Minh City, Vietnam |
| Official Website | Click Here |
The country’s largest animal feed producer offering advanced nutritional solutions for poultry, swine, and aquaculture sectors.
| Company Name | Japfa Comfeed Vietnam Ltd. |
| Established Year | 1995 |
| Headquarters | Dong Nai, Vietnam |
| Official Website | Click Here |
A leading integrated feed producer specializing in poultry and swine feed, with modern manufacturing technology.
| Company Name | De Heus Vietnam Co., Ltd. |
| Established Year | 2008 |
| Headquarters | Binh Duong Province, Vietnam |
| Official Website | Click Here |
A global nutrition company offering high-quality feed for poultry, pigs, and aquaculture, emphasizing sustainability and innovation.
| Company Name | GreenFeed Vietnam Corporation |
| Established Year | 2003 |
| Headquarters | Ho Chi Minh City, Vietnam |
| Official Website | Click Here |
One of Vietnam’s largest feed producers, providing integrated solutions from feed to food, focusing on livestock and aquaculture efficiency.
| Company Name | New Hope Vietnam Co., Ltd. |
| Established Year | 2010 |
| Headquarters | Hai Duong, Vietnam |
| Official Website | Click Here |
A key player in the Vietnam feed industry, supplying nutrient-balanced feeds with advanced additive technology.
According to Vietnamese government data, various actions have been taken to boost the growth of the market and enhance feed quality. There are various plans introduced, such as to the Livestock Development Strategy 2030 and the National Aquaculture Development Plan to promote technological upgrades and support local aquafeed manufacturing to meet growing export needs. Along with that, the Feed Quality Control Regulation strengthens standards for nutrient composition and safety compliance, ensuring consistency and quality across feed products.
The future of the Vietnam Animal Feed Market appears optimistic, this is driven by various factors, such as rising livestock, poultry, and aquaculture production to meet rising domestic demand for meat, eggs, and dairy products and growing focus on sustainable and environmentally friendly feed ingredients. Additionally, local feed manufacturing is being boosted to reduce dependence on imports, hence the government is supporting for agricultural modernization and food security. Lastly, technological advancement in feed, such as the use of enzymes, probiotics, and digital feed management systems, will improve animal health and feed efficiency.
The report offers a comprehensive study of the following market segments and their leading categories.
According to Shivani Sharma, Senior Research Analyst, 6Wresearch, Pellets are expected to dominate the Vietnam Animal Feed Market owing to their nutritional uniformity, digestibility, and efficiency in commercial feed systems. Poultry, swine, and aquaculture producers increasingly rely on pelleted feed for optimal feed conversion and performance consistency.
The Swine segment is projected to lead the Vietnam Animal Feed Market due to the nation’s large pork consumption and rebuilding of pig herds. The focus on biosecurity and intensive farming systems is further increasing feed demand in this category.
Among feed additives, Probiotics and Enzymes dominate due to their crucial role in enhancing gut health, nutrient absorption, and feed utilization efficiency. The ongoing transition to antibiotic-free feed formulations is accelerating the demand for these additives across species.
The report offers a comprehensive study of the subsequent market segments:
| 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 Animal Feed Market Overview |
| 3.1 Vietnam Country Macro Economic Indicators |
| 3.2 Vietnam Animal Feed Market Revenues & Volume, 2021 & 2031F |
| 3.3 Vietnam Animal Feed Market - Industry Life Cycle |
| 3.4 Vietnam Animal Feed Market - Porter's Five Forces |
| 3.5 Vietnam Animal Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
| 3.6 Vietnam Animal Feed Market Revenues & Volume Share, By Species, 2021 & 2031F |
| 3.7 Vietnam Animal Feed Market Revenues & Volume Share, By Type, 2021 & 2031F |
| 4 Vietnam Animal Feed Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Vietnam Animal Feed Market Trends |
| 6 Vietnam Animal Feed Market, By Types |
| 6.1 Vietnam Animal Feed Market, By Form |
| 6.1.1 Overview and Analysis |
| 6.1.2 Vietnam Animal Feed Market Revenues & Volume, By Form, 2021 - 2031F |
| 6.1.3 Vietnam Animal Feed Market Revenues & Volume, By Pellets, 2021 - 2031F |
| 6.1.4 Vietnam Animal Feed Market Revenues & Volume, By Crumbles, 2021 - 2031F |
| 6.1.5 Vietnam Animal Feed Market Revenues & Volume, By Mash, 2021 - 2031F |
| 6.1.6 Vietnam Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
| 6.2 Vietnam Animal Feed Market, By Species |
| 6.2.1 Overview and Analysis |
| 6.2.2 Vietnam Animal Feed Market Revenues & Volume, By Poultry, 2021 - 2031F |
| 6.2.3 Vietnam Animal Feed Market Revenues & Volume, By Ruminants, 2021 - 2031F |
| 6.2.4 Vietnam Animal Feed Market Revenues & Volume, By Aqua, 2021 - 2031F |
| 6.2.5 Vietnam Animal Feed Market Revenues & Volume, By Swine, 2021 - 2031F |
| 6.2.6 Vietnam Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
| 6.3 Vietnam Animal Feed Market, By Type |
| 6.3.1 Overview and Analysis |
| 6.3.2 Vietnam Animal Feed Market Revenues & Volume, By Acidifiers, 2021 - 2031F |
| 6.3.3 Vietnam Animal Feed Market Revenues & Volume, By Probiotics, 2021 - 2031F |
| 6.3.4 Vietnam Animal Feed Market Revenues & Volume, By Enzyme, 2021 - 2031F |
| 6.3.5 Vietnam Animal Feed Market Revenues & Volume, By Antioxidants, 2021 - 2031F |
| 6.3.6 Vietnam Animal Feed Market Revenues & Volume, By Antibiotics, 2021 - 2031F |
| 6.3.7 Vietnam Animal Feed Market Revenues & Volume, By Vitamins, 2021 - 2031F |
| 6.3.8 Vietnam Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
| 6.3.9 Vietnam Animal Feed Market Revenues & Volume, By Others, 2021 - 2031F |
| 7 Vietnam Animal Feed Market Import-Export Trade Statistics |
| 7.1 Vietnam Animal Feed Market Export to Major Countries |
| 7.2 Vietnam Animal Feed Market Imports from Major Countries |
| 8 Vietnam Animal Feed Market Key Performance Indicators |
| 9 Vietnam Animal Feed Market - Opportunity Assessment |
| 9.1 Vietnam Animal Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
| 9.2 Vietnam Animal Feed Market Opportunity Assessment, By Species, 2021 & 2031F |
| 9.3 Vietnam Animal Feed Market Opportunity Assessment, By Type, 2021 & 2031F |
| 10 Vietnam Animal Feed Market - Competitive Landscape |
| 10.1 Vietnam Animal Feed Market Revenue Share, By Companies, 2024 |
| 10.2 Vietnam 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: ETC018470 | Publication Date: Oct 2020 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Vietnam 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.
Vietnam Animal Feed Market is a vital component of the country's agriculture industry, serving as a crucial link in the supply chain for livestock production. The industry incorporates a wide range of products such as compound feed, feed additives, and raw materials, and caters to poultry, swine, aquaculture, and cattle farming sectors. The economy of Vietnam continues to expand and urbanization accelerates, the demand for meat and seafood products is proliferating, further driving the Vietnam Animal Feed Market Growth.
According to 6Wresearch, the Vietnam Animal Feed Market is expected to grow steadily during the forecast period of 2023-2029. The growth is mainly due to country’s growing population, coupled with the trend of urbanization, is increasing the demand for animal-based protein sources, driving up livestock production. Additionally, rising income levels led to a shift in consumer preferences towards higher-protein diets, increasing the consumption of meat and dairy products. This trend boosts the need for efficient animal feed solutions to meet the demand for quality livestock products. The Vietnam animal feed industry also benefits from export opportunities, as the country exports both livestock products and animal feed to international markets. The growing global demand for seafood and meat products offers export prospects for producers of Vietnam. However, fluctuations in the prices of key feed ingredients like corn, soybean meal, and fishmeal impact production costs and profitability for feed manufacturers. Moreover, outbreaks of diseases in livestock and aquaculture disrupt production and lead to uncertainty in the market. Nevertheless, there is a growing trend toward sustainable and environmentally friendly feed production, driven by consumer and regulatory pressures. The adoption of digital technologies for feed formulation and management is becoming more common, leading to improved efficiency in the production process. Feed manufacturers have opportunities to diversify their product portfolios by introducing value-added products, such as premixes and organic feeds, to cater to changing consumer preferences. Further, continued investment in research and development can lead to the development of innovative and cost-effective feed formulations, enhancing competitiveness in the market.
The government of Vietnam has implemented a master plan to develop the livestock industry, which includes strategies to improve animal husbandry practices and feed quality. Additionally, Vietnam Animal Feed Association (VAFA) has been actively involved in promoting the development of the animal feed industry in Vietnam. It works with various stakeholders to establish policies and regulations that support the industry. The government has implemented import tariffs and regulations on certain types of animal feed ingredients to protect local producers and ensure the quality of imported products.
The COVID-19 pandemic had influenced the Vietnam Animal Feed Market size to a great extent. The pandemic led to disruptions in the supply chain, affecting the availability of raw materials for animal feed production. Changes in consumer behavior and shifts in the demand for animal products due to lockdowns inclined the demand for animal feed. Moreover, restrictions on movement and trade affected the export of animal feed and related products. Further, labor shortages due to lockdowns and health concerns among workers affected production capacities of the market.
The competitive landscape of the market was characterized by several key players, both domestic and international, competing for Vietnam animal feed market share. The market is highly competitive with the presence of various key players such as;
According to Sachin, Senior Research Analyst, 6Wresearch, the aqua segment is experiencing significant growth due to the expanding aquaculture industry in Vietnam, driven by increasing global demand for seafood.
Based on type, probiotics and enzyme supplements are gaining traction over the forecast period due to their role in improving animal health and reducing antibiotic usage.
The report offers a comprehensive study of the subsequent market segments: