Vietnam Animal Feed Market to 2032
Overview
The Vietnam Animal Feed Market is expected to reach a 1,435.51 USD Billion by 2032 and is projected to grow at a CAGR of 9.22% from 2025 to 2032.
Revenue, 2024 (USD Billion)
861.94
Forecast, 2032 (USD Billion)
1,435.51
CAGR, 2024 - 2032
9.22%
Report Coverage
Vietnam
Vietnam Animal Feed Market 2018-2032 USD Billion
Vietnam Animal Feed Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 861.94 USD Billion
- Projected Market Size (2032): 1,435.51 USD Billion
- CAGR (2025-2032): 9.22%
Key Findings of Vietnam Animal Feed Market
- The Vietnam Animal Feed Market was valued at 861.94 USD Billion in 2024.
- The Vietnam Animal Feed Market is likely to grow at a CAGR of 9.22% 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 861.94 USD Billion
- The fastest growing segment Ruminants in Animal Type Segment grew Fastest with a CAGR of 12.21% during the forecast period from 2024 to 2032.
Vietnam Animal Feed Market Scope
Vietnam Animal Feed Market Segmentation & Scope
Product
- Others
- Milk Replacer
- Cereal Grains
- Feed Additives
- Protein Meals
Animal Type
- Others
- Equine
- Aquaculture
- Poultry
- Swine
- Ruminants
- Pets
Nature
- Organic
- Conventional
Life Cycle
- Breeder Feed
- Starter Feed
- Finisher Feed
- Grower Feed
End Use
- Others
- Livestock Producers
- Contract Manufacturers
- Feed Manufacturers
Distribution Channel
- Indirect
- Direct
Source
- Animal Based
- Plant Based
Mode of Delivery
- Premixes
- Oral Solutions
- Oral Powders
Form
- Frozen
- Mash
- Crumbles
- Liquid
- Pellet
- Dry
Vietnam Animal Feed Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 861.94 USD Billion |
| Market Value in 2032 | 1,435.51 USD Billion |
| CAGR (2025-2032) | 9.22% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,Animal Type,Nature,Life Cycle,End Use,Distribution Channel,Source,Mode of Delivery,Form |
Regional Insights:
-
Leading Market (2024-2032): Vietnam, leading in terms of revenue 861.94 USD Billion in 2024
- Key Country: Vietnam, leading in terms of revenue with value of 861.94 USD Billion in 2024.
Segments and Scope
-
Vietnam Animal Feed Market to 2032, By Product
- Protein Meals is the largest segment in Vietnam Animal Feed Market to 2032 with a revenue of 322.55 USD Billion in the year 2024.
- Protein Meals is the Fastest growing segment in Vietnam Animal Feed Market to 2032 with a Growth rate of 11.11 % in forecast period 2025-2032.
-
Vietnam Animal Feed Market to 2032, By Animal Type
- Pets is the largest segment in Vietnam Animal Feed Market to 2032 with a revenue of 861.94 USD Billion in the year 2024.
- Ruminants is the Fastest growing segment in Vietnam Animal Feed Market to 2032 with a Growth rate of 9.22 % in forecast period 2025-2032.
-
Vietnam Animal Feed Market to 2032, By Nature
- Conventional is the largest segment in Vietnam Animal Feed Market to 2032 with a revenue of 578.66 USD Billion in the year 2024.
- Conventional is the Fastest growing segment in Vietnam Animal Feed Market to 2032 with a Growth rate of 9.81 % in forecast period 2025-2032.
-
Vietnam Animal Feed Market to 2032, By Life Cycle
- Grower Feed is the largest segment in Vietnam Animal Feed Market to 2032 with a revenue of 366.05 USD Billion in the year 2024.
- Grower Feed is the Fastest growing segment in Vietnam Animal Feed Market to 2032 with a Growth rate of 11.04 % in forecast period 2025-2032.
-
Vietnam Animal Feed Market to 2032, By End Use
- Feed Manufacturers is the largest segment in Vietnam Animal Feed Market to 2032 with a revenue of 370.61 USD Billion in the year 2024.
- Feed Manufacturers is the Fastest growing segment in Vietnam Animal Feed Market to 2032 with a Growth rate of 10.48 % in forecast period 2025-2032.
-
Vietnam Animal Feed Market to 2032, By Distribution Channel
- Direct is the largest segment in Vietnam Animal Feed Market to 2032 with a revenue of 582.63 USD Billion in the year 2024.
- Direct is the Fastest growing segment in Vietnam Animal Feed Market to 2032 with a Growth rate of 9.79 % in forecast period 2025-2032.
-
Vietnam Animal Feed Market to 2032, By Source
- Plant Based is the largest segment in Vietnam Animal Feed Market to 2032 with a revenue of 564.90 USD Billion in the year 2024.
- Plant Based is the Fastest growing segment in Vietnam Animal Feed Market to 2032 with a Growth rate of 9.92 % in forecast period 2025-2032.
-
Vietnam Animal Feed Market to 2032, By Mode of Delivery
- Oral Powders is the largest segment in Vietnam Animal Feed Market to 2032 with a revenue of 478.72 USD Billion in the year 2024.
- Oral Powders is the Fastest growing segment in Vietnam Animal Feed Market to 2032 with a Growth rate of 10.56 % in forecast period 2025-2032.
-
Vietnam Animal Feed Market to 2032, By Form
- Dry is the largest segment in Vietnam Animal Feed Market to 2032 with a revenue of 287.75 USD Billion in the year 2024.
- Dry is the Fastest growing segment in Vietnam Animal Feed Market to 2032 with a Growth rate of 11.36 % in forecast period 2025-2032.
Vietnam Animal Feed Market Company Share Analysis
| Company Name |
|
||
| BASF SE | |||
| Charoen Pokphand Foods PCL | |||
| Cargill, Incorporated | |||
| ADM | |||
| De Heus Animal Nutrition | |||
Vietnam Animal Feed Market Geographical Sales Distribution, 2018-2032 USD Billion
Vietnam Animal Feed Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Vietnam Animal Feed Market is segmented based on Segmentation Product,Animal Type,Nature,Life Cycle,End Use,Distribution Channel,Source,Mode of Delivery,Form.
Vietnam Animal Feed Market was valued at USD 861.94(Revenue in USD Billion) in 2021.
Vietnam Animal Feed Market is projected to grow at a CAGR of 9.22% during the forecast period of 2024 to 2032.
The Pets segment is expected to dominate the Vietnam Animal Feed Market, holding a largest market share of 861.94 USD Billion in 2024
Vietnam Animal Feed Market Scope
Vietnam Animal Feed Market Segmentation & Scope
Product
- Others
- Milk Replacer
- Cereal Grains
- Feed Additives
- Protein Meals
Animal Type
- Others
- Equine
- Aquaculture
- Poultry
- Swine
- Ruminants
- Pets
Nature
- Organic
- Conventional
Life Cycle
- Breeder Feed
- Starter Feed
- Finisher Feed
- Grower Feed
End Use
- Others
- Livestock Producers
- Contract Manufacturers
- Feed Manufacturers
Distribution Channel
- Indirect
- Direct
Source
- Animal Based
- Plant Based
Mode of Delivery
- Premixes
- Oral Solutions
- Oral Powders
Form
- Frozen
- Mash
- Crumbles
- Liquid
- Pellet
- Dry
Frequently Asked Questions
The Vietnam Animal Feed Market is segmented based on Segmentation Product,Animal Type,Nature,Life Cycle,End Use,Distribution Channel,Source,Mode of Delivery,Form.
Vietnam Animal Feed Market was valued at USD 861.94(Revenue in USD Billion) in 2021.
Vietnam Animal Feed Market is projected to grow at a CAGR of 9.22% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Animal Feed Market for final year is USD 1,435.51 (USD Billion).
Vietnam Animal Feed Market Company Profiling
Frequently Asked Questions
The Vietnam Animal Feed Market is segmented based on Segmentation Product,Animal Type,Nature,Life Cycle,End Use,Distribution Channel,Source,Mode of Delivery,Form.
Vietnam Animal Feed Market was valued at USD 861.94(Revenue in USD Billion) in 2021.
Vietnam Animal Feed Market is projected to grow at a CAGR of 9.22% during the forecast period of 2024 to 2032.
The estimated market value of the Vietnam Animal Feed Market for final year is USD 1,435.51 (USD Billion).
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