Vietnam Animal Feed Market - Outlook, Trends & Latest Developments 2025-2033

(MENAFN- IMARC Group) Vietnam animal feed market size reached USD 2.1 Billion in 2024 . Looking forward, IMARC Group expects the market to reach USD 3.4 Billion by 2033 , exhibiting a growth rate ( CAGR ) of 5.18% during 2025–2033 . Growth is being driven by increasing meat consumption, rising awareness of livestock health, development of advanced feed formulations, demand for premium feeds, growing livestock production, adoption of precision-nutrition techniques, and technological innovations in feed components.

Key highlights

• Market size (2024): USD 2.1 Billion .
  . Forecast (2033): USD 3.4 Billion
• (CAGR 5.18% for 2025–2033).
  . Leading growth drivers: rising household/protein consumption, premium feed demand, precision nutrition & probiotic formulations, expansion of commercial poultry/ swine/ aquaculture.
  . Recent production & trade signals: animal feed output and feed demand are increasing year-on-year (production growth in 2025 and feed demand forecasts for 2025–26).
  . Imports / raw materials: import values and patterns remain dynamic-imports of feed and raw materials showed declines in early-2025 vs 2024 even as monthly volumes fluctuate. This reflects changing domestic sourcing and shifts in global raw material prices.

Market Trends

• Precision feed formulation - AI models optimize nutrient mixes to reduce cost and improve feed conversion ratios (FCR).
• Predictive health & early-warning - sensors and analytics identify disease risk or feed intolerance early, cutting mortality and antibiotic use.
• R&D acceleration - companies are using data and lab automation for tailored aquatic and livestock feeds (notably shrimp/pangasius R&D in new De Heus facilities).
• Supply-chain optimization - demand forecasting, raw-material blending algorithms and logistics planning reduce wastage and input costs.

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Industry segmentation

Type Insights:

• Swine Animal Feed
• Poultry Animal Feed
• Ruminant Feed
• Aquatic Feed
• Others

Product Insights:

• Fodder
• Forage
• Others

Regional Insights:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam

Latest industry developments

• De Heus opened a new shrimp feed mill in Vinh Long and expanded marine R&D facilities - capacity and innovation boost for aquafeed.
  . Cargill announced exit from Vietnam aquafeed operations as it reallocates resources - a notable restructuring that reshapes competitive dynamics in aquaculture feeds.
  . Dabaco accelerating investments and expansions (feed complexes, logistics/ICD) - domestic vertical integrators scaling capacity and backward/forward integration.
  . GREENFEED & peers pushing sustainability (bulk feed, circular agriculture, emissions targets) - aligning with global and Vietnam net-zero ambitions.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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