Vietnam Animal Feed Market is driven by livestock sector growth and advanced feed technologies during the forecast period 2026-2030.

According to the TechSci Research report titled “Vietnam Animal Feed Market – By Region and Competition, Forecast & Opportunities, 2030F”, the Vietnam Animal Feed Market was valued at USD 54.21 million in 2024 and is projected to grow at a CAGR of 6.15% through 2030, indicating steady expansion in the years ahead. This growth is driven by a combination of demographic shifts, economic development, technological advancement, and supportive government policies.

One of the primary forces behind the growth of Vietnam's animal feed market is the rising domestic demand for protein-rich food products, particularly meat, eggs, and dairy. The country’s rapidly expanding middle class—with increasing disposable incomes and changing dietary preferences—is contributing significantly to the rise in livestock and aquaculture production. This surge in animal farming is directly correlated with the need for nutritious and cost-effective feed solutions to sustain productivity and profitability.

Moreover, technological progress in agriculture and animal husbandry has played a crucial role in boosting feed consumption. Farmers are increasingly adopting modern feeding practices, integrating technology to monitor and optimize animal nutrition. These innovations enhance the efficiency of feed usage and ensure better animal health outcomes. As a result, feed manufacturers are being pushed to produce more specialized, high-performance formulations that address diverse nutritional needs across different livestock categories.

Role of Government Policies and Foreign Investment

The Vietnamese government continues to prioritize the agricultural sector as part of its broader economic development strategy. Subsidies, tax incentives, and financial support for feed producers and farmers are actively encouraging the adoption of quality feed products and infrastructure upgrades. These initiatives are aimed at improving food security, reducing dependence on feed imports, and modernizing the livestock sector to make it more competitive in the global market.

Additionally, foreign direct investment (FDI) has become an important catalyst for growth in Vietnam's animal feed sector. International companies are increasingly attracted to the market due to its growth potential and strategic location in Southeast Asia. These investments bring with them new technologies, advanced manufacturing capabilities, and higher production standards, which benefit the local feed industry by fostering knowledge transfer and competition.

Research and Development: Shaping the Future of Animal Feed

A growing emphasis on research and development (R&D) is reshaping the animal feed industry in Vietnam. As concerns around sustainability and animal health grow, feed manufacturers are investing in R&D to develop next-generation feed solutions. These include alternative proteins such as insect meal, algae, and plant-based compounds, as well as bioactive ingredients that improve digestion, immunity, and overall performance.

Precision nutrition is also becoming a focus, with companies leveraging data analytics and biotechnology to formulate feeds that are optimized for specific animal species, growth stages, and production goals. These developments not only enhance feed efficiency but also help producers comply with tightening regulatory standards related to antibiotic use and environmental impact.

Market Segmentation Overview

The Vietnam Animal Feed Market is segmented by type, product, regional distribution, and company, offering a comprehensive view of the landscape.

By Product: Fodder Leads the Market

In 2024, Fodder emerged as the dominant product segment in Vietnam’s animal feed market. This is attributed to its crucial role in supporting the country's robust livestock and poultry sectors. Fodder includes feed crops such as grasses, legumes, silage, and other plant-based materials that serve as a primary source of nutrition for ruminants and other farm animals.

The high demand for fodder is driven by several factors:

• Affordability and accessibility, thanks to abundant raw material availability across Vietnam’s agricultural regions.

• Nutritional value, which supports healthy animal development, reproductive efficiency, and higher meat and dairy yields.

• Low production costs, making it economically viable for both smallholder farmers and commercial livestock operations.

Furthermore, ongoing investments in livestock farming infrastructure and the expansion of the aquaculture industry—where fodder also plays a supportive role—are strengthening this segment’s position in the overall market.

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By Region: Central Vietnam Shows Fastest Growth

Regionally, Central Vietnam emerged as the fastest-growing area within the country's animal feed market in 2024. This growth is driven by a combination of strategic and operational advantages.

• The region enjoys a favorable geographic location that supports both agricultural and aquaculture activities, allowing for year-round production and efficient supply chain logistics.

• Infrastructure development, particularly in transportation and storage, has improved feed distribution capabilities and access to raw materials.

• Government initiatives aimed at enhancing regional agricultural productivity are supporting small and medium-sized enterprises (SMEs) in adopting modern practices, including the use of commercial feed.

• The region is experiencing a rapid transformation in farming methods, with farmers shifting from traditional to intensive systems that require higher volumes of high-quality feed.

The adoption of advanced livestock management practices and the rising demand for meat and seafood exports from this region are expected to further accelerate its contribution to the national animal feed market.

Conclusion

The Vietnam Animal Feed Market is poised for consistent growth over the forecast period, driven by a confluence of economic, demographic, and technological factors. Rising protein consumption, expanding livestock and aquaculture industries, and increased government support form the foundation of the market’s upward trajectory.

Meanwhile, R&D-driven innovations and foreign investments are modernizing the sector, enabling the production of specialized and sustainable feed products that meet both domestic and international standards. Central Vietnam’s emergence as a high-growth region reflects the country’s broader shift toward modern and efficient farming systems.

As Vietnam continues to invest in agricultural modernization and food security, the animal feed industry will remain a critical pillar of national development—positioned to meet the evolving needs of producers, consumers, and international markets alike.

Major companies operating in the Vietnam Animal Feed Market are:

Thanh Nhon Corporation
Cargill Vietnam
Royal De Heus
GreenFeed (Vietnam) Co., Ltd.
The Charoen Pokphand (CP) Group
Japfa Comfeed
Proconco (Masan Nutri-Science)
East Hope Group Company
Lai Thieu Feed Mill Co.Ltd. (Vietnam)
American Feeds Vietnam

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“Nanotechnology is becoming a transformative aspect of the Vietnam animal feed market, offering innovative solutions that enhance feed efficiency and animal health. By incorporating nanomaterials and nanostructures, animal feed manufacturers can improve the bioavailability of nutrients, leading to better absorption and utilization by livestock. This technology allows for the development of more precise and effective feed formulations, which can optimize growth rates, improve disease resistance, and enhance overall productivity in animals.

Furthermore, nanotechnology can help in reducing the environmental impact of animal feed by enabling the use of smaller quantities of additives, thus lowering waste and improving sustainability. As the demand for high-quality, efficient, and sustainable feed continues to rise, nanotechnology is positioning itself as a critical driver of innovation and competitive advantage in the Vietnam animal feed market,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Vietnam Animal Feed Market By Type (Swine Animal Feed, Poultry Animal Feed, Ruminant Feed, Aquatic Feed, Others), By Product (Fodder, Forage, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Vietnam Animal Feed Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Vietnam Animal Feed Market.

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