Global Animal Feed Market to 2032
Overview
The Global Animal Feed Market is expected to reach a 329,430.56 USD Billion by 2032 and is projected to grow at a CAGR of 7.40% from 2025 to 2032.
Revenue, 2024 (USD Billion)
192,833.66
Forecast, 2032 (USD Billion)
329,430.56
CAGR, 2024 - 2032
7.40%
Report Coverage
Global
Global Animal Feed Market 2018-2032 USD Billion
Global Animal Feed Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 192,833.66 USD Billion
- Projected Market Size (2032): 329,430.56 USD Billion
- CAGR (2025-2032): 7.40%
Key Findings of Global Animal Feed Market
- The Global Animal Feed Market was valued at 329,430.56 USD Billion in 2024.
- The Global Animal Feed Market is likely to grow at a CAGR of 7.40% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Pets in Animal Type Segment accounted for the largest share of the market with a revenue of 191,145.71 USD Billion
- The fastest growing segment Ruminants in Animal Type Segment grew Fastest with a CAGR of 9.50% during the forecast period from 2024 to 2032.
Global Animal Feed Market Scope
Global Animal Feed Market Segmentation & Scope
Animal Type
- Poultry
- Aquaculture
- Pets
- Swine
- Ruminants
- Equine
- Others
Product
- Milk Replacer
- Others
- Cereal Grains
- Protein Meals
- Feed Additives
Distribution Channel
- Direct
- Indirect
End Use
- Others
- Contract Manufacturers
- Feed Manufacturers
- Livestock Producers
Mode of Delivery
- Oral Powders
- Oral Solutions
- Premixes
Form
- Dry
- Pellet
- Liquid
- Crumbles
- Mash
- Frozen
Source
- Plant Based
- Animal Based
Nature
- Conventional
- Organic
Life Cycle
- Grower Feed
- Finisher Feed
- Starter Feed
- Breeder Feed
Global Animal Feed Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 192,833.66 USD Billion |
| Market Value in 2032 | 329,430.56 USD Billion |
| CAGR (2025-2032) | 7.40% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Animal Type,Product,Distribution Channel,End Use,Mode of Delivery,Form,Source,Nature,Life Cycle |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 192,833.66 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 16,346.51 USD Billion in 2024.
Segments and Scope
-
Global Animal Feed Market to 2032, By Animal Type
- Pets is the largest segment in Global Animal Feed Market to 2032 with a revenue of 191,145.71 USD Billion in the year 2024.
- Ruminants is the Fastest growing segment in Global Animal Feed Market to 2032 with a Growth rate of 7.41 % in forecast period 2025-2032.
-
Global Animal Feed Market to 2032, By Product
- Protein Meals is the largest segment in Global Animal Feed Market to 2032 with a revenue of 68,956.58 USD Billion in the year 2024.
- Protein Meals is the Fastest growing segment in Global Animal Feed Market to 2032 with a Growth rate of 8.73 % in forecast period 2025-2032.
-
Global Animal Feed Market to 2032, By Distribution Channel
- Direct is the largest segment in Global Animal Feed Market to 2032 with a revenue of 128,187.45 USD Billion in the year 2024.
- Direct is the Fastest growing segment in Global Animal Feed Market to 2032 with a Growth rate of 7.78 % in forecast period 2025-2032.
-
Global Animal Feed Market to 2032, By End Use
- Feed Manufacturers is the largest segment in Global Animal Feed Market to 2032 with a revenue of 78,859.23 USD Billion in the year 2024.
- Feed Manufacturers is the Fastest growing segment in Global Animal Feed Market to 2032 with a Growth rate of 8.25 % in forecast period 2025-2032.
-
Global Animal Feed Market to 2032, By Mode of Delivery
- Oral Powders is the largest segment in Global Animal Feed Market to 2032 with a revenue of 103,426.36 USD Billion in the year 2024.
- Oral Powders is the Fastest growing segment in Global Animal Feed Market to 2032 with a Growth rate of 8.26 % in forecast period 2025-2032.
-
Global Animal Feed Market to 2032, By Form
- Dry is the largest segment in Global Animal Feed Market to 2032 with a revenue of 60,182.68 USD Billion in the year 2024.
- Dry is the Fastest growing segment in Global Animal Feed Market to 2032 with a Growth rate of 8.92 % in forecast period 2025-2032.
-
Global Animal Feed Market to 2032, By Source
- Plant Based is the largest segment in Global Animal Feed Market to 2032 with a revenue of 123,985.53 USD Billion in the year 2024.
- Plant Based is the Fastest growing segment in Global Animal Feed Market to 2032 with a Growth rate of 7.83 % in forecast period 2025-2032.
-
Global Animal Feed Market to 2032, By Nature
- Conventional is the largest segment in Global Animal Feed Market to 2032 with a revenue of 127,269.45 USD Billion in the year 2024.
- Conventional is the Fastest growing segment in Global Animal Feed Market to 2032 with a Growth rate of 7.79 % in forecast period 2025-2032.
-
Global Animal Feed Market to 2032, By Life Cycle
- Grower Feed is the largest segment in Global Animal Feed Market to 2032 with a revenue of 77,758.38 USD Billion in the year 2024.
- Grower Feed is the Fastest growing segment in Global Animal Feed Market to 2032 with a Growth rate of 8.61 % in forecast period 2025-2032.
Global Animal Feed Market Company Share Analysis
| Company Name |
|
||
| BASF SE | |||
| Charoen Pokphand Foods PCL | |||
| Cargill, Incorporated | |||
| ADM | |||
| De Heus Animal Nutrition | |||
Global Animal Feed Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Animal Feed Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Animal Feed Market is segmented based on Segmentation Animal Type,Product,Distribution Channel,End Use,Mode of Delivery,Form,Source,Nature,Life Cycle.
Global Animal Feed Market was valued at USD 192,833.66(Revenue in USD Billion) in 2021.
Global Animal Feed Market is projected to grow at a CAGR of 7.40% during the forecast period of 2024 to 2032.
The Pets segment is expected to dominate the Global Animal Feed Market, holding a largest market share of 191,145.71 USD Billion in 2024
Global Animal Feed Market Scope
Global Animal Feed Market Segmentation & Scope
Animal Type
- Poultry
- Aquaculture
- Pets
- Swine
- Ruminants
- Equine
- Others
Product
- Milk Replacer
- Others
- Cereal Grains
- Protein Meals
- Feed Additives
Distribution Channel
- Direct
- Indirect
End Use
- Others
- Contract Manufacturers
- Feed Manufacturers
- Livestock Producers
Mode of Delivery
- Oral Powders
- Oral Solutions
- Premixes
Form
- Dry
- Pellet
- Liquid
- Crumbles
- Mash
- Frozen
Source
- Plant Based
- Animal Based
Nature
- Conventional
- Organic
Life Cycle
- Grower Feed
- Finisher Feed
- Starter Feed
- Breeder Feed
Frequently Asked Questions
The Global Animal Feed Market is segmented based on Segmentation Animal Type,Product,Distribution Channel,End Use,Mode of Delivery,Form,Source,Nature,Life Cycle.
Global Animal Feed Market was valued at USD 192,833.66(Revenue in USD Billion) in 2021.
Global Animal Feed Market is projected to grow at a CAGR of 7.40% during the forecast period of 2024 to 2032.
The estimated market value of the Global Animal Feed Market for final year is USD 329,430.56 (USD Billion).
Global Animal Feed Market Company Profiling
Frequently Asked Questions
The Global Animal Feed Market is segmented based on Segmentation Animal Type,Product,Distribution Channel,End Use,Mode of Delivery,Form,Source,Nature,Life Cycle.
Global Animal Feed Market was valued at USD 192,833.66(Revenue in USD Billion) in 2021.
Global Animal Feed Market is projected to grow at a CAGR of 7.40% during the forecast period of 2024 to 2032.
The estimated market value of the Global Animal Feed Market for final year is USD 329,430.56 (USD Billion).
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