Vietnam Animal Feed Market Forecast 2030: Emerging Trends

Posted 2025-10-17 06:53:09

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Future Vietnam Animal Feed Market: Key Dynamics, Size & Share Analysis

The Vietnam Animal Feed Market size was valued at around USD 130 million in 2024 and is expected to reach USD 184.20 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.98% during the forecast period, i.e., 2025-30. The Vietnam Animal Feed Market is significantly growing due to several factors, including the large livestock production, such as swine, poultry, aquatic animals, etc.

Top Challenges Impacting the Vietnam Animal Feed Market Growth

Disease Outbreaks among Animals Hindering Market Growth – The market is facing a major challenge of disease outbreaks among animals, which reduce the overall demand for animal feed products. Various types of diseases like African Swine Fever (ASF) and Avian Influenza are highly prevalent in the country. For instance, Vietnam has witnessed around 17,000 ASF outbreaks in 2024, with more than 80,000 pigs culled. It has resulted in a drop in feed demand by more than 23% compared to 2023 nationally. For example, a company called PP Sun Vietnam has reported a sales drop from 2,000 tons to merely 1,000 tons, out of which almost 50% of its stock has expired or been wasted. Similarly, another company called Vinafeed Group saw a feed demand fall by approximately 5,000 tons per month. These have caused significant losses in animal feed production, thus restraining the market’s growth.

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Understanding the Core Segments in the Vietnam Animal Feed Market

Vietnam Animal Feed Market Size, Share & Industry Trends Analysis- By Product Type (Poultry Feed, Swine Feed, Ruminant Feed, Aquaculture Feed, Others), By Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Online Retail, Direct Sales), By End-User (Household, Commercial), By Region (Northern, Central, Southeast, Mekong Delta) and Others

Who Dominates the Vietnam Animal Feed Market Insights on Key Industry Players?

Companies are strengthening their presence in the Vietnam Animal Feed market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

Cargill Vietnam
CP Group (Charoen Pokphand)
De Heus Vietnam
Mavin Group
GreenFeed Vietnam
Japfa Comfeed Vietnam
New Hope Group
Masan Group
Proconco (Provimi Vietnam)
VNF Company
Others

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