Vietnam Compound Feed Market Overview
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Growth Rate (2025-33): 5.22%
Vietnam compound feed market size is projected to exhibit a growth rate (CAGR) of 5.22% during 2025-2033. The escalating demand for feeds that are produced sustainably and are eco-friendly, rising development of improved feed formulations, and ongoing research and development (R&D) activities on animal nutrition and feed efficiency represent some of the key factors driving the market.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/vietnam-compound-feed-market/requestsample
Vietnam Compound Feed Market Trends and Drivers:
In Vietnam, increasing urban populations, alongside a developing middle class with more spending power, has shifted dietary preferences to higher animal protein consumption, including poultry, pork, aquaculture, and dairy. The growing domestic need continues to serve as the primary driving force behind the expansion of the compound feed market. As a result, the livestock and aquaculture sectors are seeing large increases in production. Small backyard farming is quickly being replaced with large, vertically integrated operations or contract farming that require scientifically formulated, nutritionally complete compound feeds instead of simple grain mixes or scraps. These compound feeds are vital for achieving the modern processors and discerning consumers’ demands of faster growth, improved feed conversion ratios (FCR), enhanced resistance to disease, and consistent quality. Currently, the poultry sector, along with shrimp and pangasius aquaculture, is leading in growth of feed demand. At the same time, there is strong promise in the dairy sector as consumption of milk continues to increase. The shift away from subsistence farming, as farming becomes more commercialized and driven by protein demand, creates a steady and substantial need for dependable, high-quality, and high-efficiency compound feed, ensuring a sustained upward market growth.
Vietnam is driving investments for modernization in the compound feed industry with the introduction of new mash feed technologies. The industry is dominated by international and larger local companies which are investing in advanced extruded feed) and mash feed facilities which automated batching, precision pelleting lines and numerous quality control labs. Increased automation comes with the demand for specialized feed as well as the generic feed fillers. The Vietnam feed producers are focused on enhancing the internal feed production systems and productivity with respect to profitability. The pumps and mixers are demanding for scales and the pumps and generic and precision-mixer and feed production systems. The pumps and mixers enable the producers to feed specific processed for distinct shrimp phases as well as for specific production goals. These pumps and mixers are demanding for the specialized enzymes. The feed producers are focused on coming with more fitting model, aimed at lowering the production costs while responding the specific production goals.
The Vietnamese compound feed industry is being urged to enhance sustainability as a result of heightened global competition, evolving domestic policies, and heightened public awareness. The industry continues to rely on imported raw materials, such as soybean meal, corn, DDGS, and certain additives, which expose it to global disruption, geopolitical instability, and price volatility. Hence, there is a renewed emphasis on increasing local soy feed substitutes and agro-industrial by-products to augment traditional rice bran and cassava residue integration through advanced processing technologies. The shift towards insect meal and single-cell proteins is gaining traction. Additionally, AMR concerns, export mandates, and AGP restrictions are complying with the shift towards AGP-free diets, relying on functional additives to support immune and gut health. Feed mills are also focusing on reducing energy consumption and waste to curtail operational costs, the environmental footprint, and protective branch regulations. The interplay between these elements creates a market access demand which alters the cost structure, operational practices, and feed formulation strategies throughout the country.
Vietnam Compound Feed Market Industry Segmentation:
Ingredient Type Insights:
- Grains and Cereals
- Oilseeds and Derivatives
- Fish Meal and Fish Oil
- Supplements
- Others
Animal Type Insights:
- Ruminants
- Swine
- Poultry
- Aquaculture
- Others
Regional Insights:
- Northern Vietnam
- Central Vietnam
- Southern Vietnam
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Ask Our Expert & Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=15041&flag=C
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-201971-6302
Comments
0 comment