Vietnam Animal Feed Market Size Insights

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 Global Vietnam Animal Feed Market is significantly growing due to several growth factors, including the rapidly growing gaming industry, the rising demand for electronic devices, including TVs, smartphones, monitors, wearables, etc., the infrastructural development expansion of production facilities, and the integration of artificial intelligence in Vietnam Animal Feed. 

What are the Key DROs in the Vietnam Animal Feed Market??

Large-Scale Livestock Production – In recent years, Vietnam has witnessed a rapid growth in the livestock production on a large scale in the country due to the high customer preference for rich protein diets, including pork, chicken, etc. Additionally, Vietnam is one of the largest exporters of both livestock and animal feed due to the high global demand for livestock. It has increased the demand for a significant amount of animal feed for these animals. For instance, in 2022, there were more than 6 million cattle raised in Vietnam. Also, as of 2024, Vietnam has produced over 30 million pigs and over 570 million poultry animals. This has increased the demand for animal feed in large quantities. Consequently, the country has produced over 15 million tons of animal feed for their animals, which shows about 6% increase in animal feed production every year.

Moreover, the demand is mainly coming from the Dong Nai region, which alone produced over 27 million poultry animals and more than 2.5 million swine in 2024. Similarly, the region has over 40 feed mills with an annual production of more than 4.2 metric tons. These factors are contributing to the market growth.

What are the Key Segments in the Vietnam Animal Feed Market?

The Vietnam Animal Feed is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

By Product Type

-Poultry Feed – Market Size Forecast 2025–2030, USD Million

-Swine Feed – Market Size Forecast 2025–2030, USD Million

-Ruminant Feed – Market Size Forecast 2025–2030, USD Million

-Aquaculture Feed – Market Size Forecast 2025–2030, USD Million

-Others – Market Size Forecast 2025–2030, USD Million

By Distribution Channel

-Supermarkets/Hypermarkets – Market Size Forecast 2025–2030, USD Million

-Specialty Stores – Market Size Forecast 2025–2030, USD Million

-Online Retail – Market Size Forecast 2025–2030, USD Million

-Direct Sales – Market Size Forecast 2025–2030, USD Million

By End-User

-Household – Market Size Forecast 2025–2030, USD Million

-Commercial – Market Size Forecast 2025–2030, USD Million

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By Region

-Northern

-Central

-Southeast

-Mekong Delta

Who are the Key Players in Vietnam Animal Feed Market?

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, and Others

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Vietnam Animal Feed Market News

• 2024: BOE Technology Group showcased curved and foldable automotive displays up to 17 inches, featuring a unique “breathing display” design. The company also planned curved Mini LED monitors, including a 34″ (1500R, 165Hz) and a 39.7″ (1400R, 144Hz) model with high resolutions and over 1,000 dimming zones. These products began launching in late 2023 and continued into 2024.

• 2025: LG Display launched the LG UltraFine 40U990A-W is a 40-inch curved business monitor. It features a sharp 5K2K resolution (5120×2160), Thunderbolt 5 connectivity, and a smooth 120Hz refresh rate. With a 1000R curve, it offers an immersive viewing experience.

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Why This MarkNtel Advisors Research Report:

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• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

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