Asia Pacific Animal Feed Market Size, Share, Opportunities, And Trends By Type (Fodder, Forage, Compound Feed), By Livestock (Swine, Aquatic Animals, Cattle, Poultry, Others), By Raw Materials (Soya, Canola, Rendered Meal, Others), By Production Systems (Integrated, Commercial Mills), By Distribution Channel (Direct Selling, Distributor), And By Country - Forecasts From 2025 To 2030

The Asia Pacific animal feed market is expected to grow at a compound annual growth rate (CAGR) of 5.44% from US$190.144 billion in 2025 to US$247.850 billion in 2030

Animal feed refers to various substances and products that are specifically designed for ingestion by livestock and poultry. These feeds are intended to offer the vital nutrients, energy, and minerals required for animal health, growth, and productivity. The Asia Pacific region is experiencing rapid urbanization as well as income growth, leading to increased demand for animal protein products like meat, eggs, and dairy. This has increased livestock production volumes, fuelling the demand for animal feed. Technological advancements are improving feed efficiency, nutritional value, and regulatory standards. The market is dynamic and evolving, supporting livestock industries for food security and economic development.

Notably, as per OEC data of Importers of Animal meal and pellets shows China imports 31.5%, Indonesia 3.87%, and Thailand 2.72%. Japan 2.64% and South Korea imported 1.28% in the year 2022. Moreover, according to Invest India, India is the largest producer of milk and buffalo meat, with a vast livestock and poultry resource that improves rural socio-economic conditions. With 303.76 million bovines, 74.26 million sheep, 148.88 million goats, 9.06 million pigs, and 851.81 million poultry, India ranks 2nd in goat meat production, 3rd in egg production, and 8th in overall meat production globally. The livestock sector experienced a 13.36% compound annual growth rate from 2014-15 to 2021-22.

 What are the drivers of the Asia Pacific animal feed market?

• Rising demand for meat proteins is projected to propel the Asia Pacific animal feed market expansion. 

A growing number of consumers are demanding meat and animal products in the Asia Pacific region. With lifestyle changes, income rise, and urbanization, there has been a noticeable shift towards higher consumption of animal protein. This is expanding the levels of animal feed production to support livestock farming, which results in the rise of the Asia Pacific animal feed market. According to a recent report published by the USFDA, it is projected that chicken meat production in China is forecasted to increase from 14.9 million metric tons (MMT) in 2020 to 15.3 MMT in 2021. 

Moreover, China's chicken meat production is primarily composed of white-feather broilers, which account for 50%, followed by yellow-feather broilers at 32%, hybrid chickens at 10%, and ex-layers at 8%. White broiler production is primarily concentrated in the North, led by Shandong Province, and yellow broiler production in the South, led by Guangdong Province. This growth is expected to continue in 2021 due to significant investments in poultry production, such as the construction of 17 new white broiler facilities in Fujian Province and plans for 1.7 billion RMB in new facilities in Liaoning Province.

Furthermore, the National Agro-Food Policy in Malaysia is an instance of a government initiative intended to promote the expansion of the livestock industry. It is anticipated that the production of animal feed in the area would increase in order to fulfill the expanding demand from the livestock industry. Additionally, it is anticipated that the government's incentives would motivate farmers as well as the commercial sector to provide fodder for both ruminants and non-ruminants. This will scale up the production which will be able to meet the growing demand of meat protein in the region.

• Surging demand for poultry products is anticipated to fuel the Asia Pacific animal feed market expansion. 

The growing demand for poultry products as a result of population expansion and shifting dietary preferences is fuelling the animal feed market growth for poultry animals in the Asia Pacific region. Higher consumption of chicken meat and eggs, which are high in protein, is a result of increased urbanization and income levels.

By optimizing nutrition and encouraging healthier growth rates, technological developments in feed formulations specifically designed for poultry are driving market expansion. Other important reasons include government programs to promote chicken farming and raise feed quality requirements. 

Further, the growing meat consumption of the Malaysian population is the key factor fueling the Asia Pacific animal feed market. For instance, according to the OECD, consumption of poultry meat in Malaysia was 1,881.037 thousand tonnes in the year 2021, which surged to as high as 1919.699 thousand tonnes in 2022. This consumption growth is attributed to more demand for animal feed for better production of meat in Malaysia.

Moreover, the output of aquaculture feed in Indonesia reached 1.7 MMT in 2022, and GPMT predicts that there will be no growth in aquaculture feed in 2023. Feed mills will however use wheat as a major component of feed rations, including poultry feed, despite the relative advantage of local corn costs.

Comprehensively, growing incomes, urbanization, and population increase are driving the Asia Pacific animal feed industry for poultry and animals. The health and productivity of poultry are being improved by technological advancements in feed formulations, which are supporting market growth. The stability and expansion of the market are further aided by government assistance for chicken raising and feed quality regulations. 

What are the key geographical trends shaping the Asia Pacific animal feed market?

The Asia Pacific animal feed market has been segmented into China, Japan, India, South Korea, Australia, Indonesia, Vietnam, Thailand, Taiwan and others. China is expected to hold a substantial market share. The animal feed market in India has witnessed substantial growth in recent years, propelled by various factors contributing to the nation's evolving agricultural landscape and increasing demand for livestock products. One of the primary drivers behind this growth is the expanding livestock population in India, fueled by the rising consumption of meat, milk, and eggs. As the population continues to grow and urbanize, dietary habits are shifting towards higher protein consumption, consequently driving the demand for livestock products and, consequently, animal feed. According to the Ministry of Fisheries, Animal Husbandry & Dairying, research was conducted on the Livestock Census, which was published on April 5th, 2022. This census covered all domesticated animals and its headcounts for total 16 species of animals like Cattle, Buffalo, Mithun, Yak, Sheep, Goat, Pig, Horse, Pony, Mule, Donkey Camel, Dog, Rabbit and Elephant and poultry birds (Fowl, Duck, Turkeys and other poultry birds) possessed by the households, household enterprises/non- household enterprises and institutions at their site. Moreover, the 20th livestock census was indeed regarded as a unique attempt for the first-time data collected using tablet computers to digitize household-level data through online transmission from the field. Some of the significant findings of the 20th Livestock Census consisted of the total Livestock population which is 536.76 million in the country showing an increase of 4.8% over the Livestock Census 2012. The total Livestock population in rural and urban areas is 514.11 million and 22.65 million respectively, with a percentage share of 95.78% for rural and 4.22% for urban areas. The total Bovine population (Cattle, Buffalo, Mithun and Yak) was 303.76 million in 2019 which shows an increase of 1.3% over the previous census. The total number of Cattle in the country was 193.46 million in 2019 showing an increase of 1.3 % over previous Census.

In addition, technological advancements and innovations in feed manufacturing processes have contributed to the growth of the animal feed market in India. The adoption of modern feed formulations and manufacturing techniques has enabled feed producers to develop customized feeds tailored to the specific nutritional requirements of different livestock species and production stages, thereby improving feed efficiency and animal performance.

Key developments in the market have also played a crucial role. For instance, in October 2023, De Heus India announced to set up a new state-of-the-art production plant at Vividha Industrial Park, Punjab where the company would produce high-quality feed products that would bolster farm practices, The plant will be operational by 2025 and will produce 180 kMT (Kilo metric Tons) of animal feed.

In addition, technological advancements and innovations in feed manufacturing processes have contributed to the growth of the animal feed market in India. The adoption of modern feed formulations and manufacturing techniques has enabled feed producers to develop customized feeds tailored to the specific nutritional requirements of different livestock species and production stages, thereby improving feed efficiency and animal performance.

Recent developments in the Asia Pacific animal feed market:

• August 2024- Allozymes and Adisseo announced a strategic alliance to transform animal feed manufacturing by using rapid microfluidics technology. In particular, the new bioprocesses for animal feed raw materials will be designed starting with a new method, environmentally friendly, to synthesize methionine, an essential amino acid that animals need to grow and thrive well. Allozymes is going to use its highly technological microfluidics platform for designing and optimizing specific, tailor-made enzymes in support of Adisseo's requirements. This partnership is a step closer to sustainable practices in animal feed and one of the major collaborations for Allozymes since its recent expansion. Both companies work together to reduce the feed production environmental footprint while meeting growing animal nutrition demand.
• March 2024- EW Nutrition has launched its new revolutionary xylanase, Axxess XY, at VICTAM 2024 in Bangkok, BITEC Exhibition Center. This intrinsically thermostable xylanase is designed to effectively break down both soluble and insoluble fiber fractions from a variety of feed ingredients such as corn, wheat, and oilseed cakes. Axxess XY releases trapped nutrients within cell wall structures and improves gut health through viscosity reduction, thus enhancing feed efficiency and providing significant cost savings for producers. Its advanced feature will change the game of the enzyme market and will catapult EW Nutrition at the leading position in the solutions regarding animal nutrition.

Asia Pacific Animal Feed Market Scope:

Report Metric	Details
Asia Pacific Animal Feed Market Size in 2025	US$190.144 billion
Asia Pacific Animal Feed Market Size in 2030	US$247.850 billion
Growth Rate	CAGR of 5.44%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Type Livestock Raw Materials Production Systems Distribution Channel Country
Geographical Segmentation	China, Japan, India, South Korea, Australia, Indonesia, Vietnam, Thailand, Taiwan, Others
List of Major Companies in Asia Pacific Animal Feed Market	Cargill, Incorporated Kemin Industries, Inc. New Hope Liuhe Co., Ltd. Archer-Daniels-Midland Company Tyson Foods Inc.
Customization Scope	Free report customization with purchase

The Asia Pacific animal feed market is analyzed into the following segments:

• By Type 
  • Fodder
  • Forage
  • Compound Feed
• By Livestock  
  • Swine
  • Aquatic Animals
  • Cattle
  • Poultry
  • Others 
• By Raw Materials   
  • Soya
  • Canola
  • Rendered Meal
  • Others
• By Production Systems
  • Integrated
  • Commercial Mills
• By Distribution Channel
  • Direct Selling
  • Distributor
• By Country
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Vietnam
  • Thailand
  • Taiwan
  • Others 

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5. ASIA PACIFIC ANIMAL FEED MARKET BY TYPE  

5.1. Introduction

5.2. Fodder

5.3. Forage

5.4. Compound Feed

6. ASIA PACIFIC ANIMAL FEED MARKET BY LIVESTOCK  

6.1. Introduction

6.2. Swine

6.3. Aquatic Animals

6.4. Cattle

6.5. Poultry

6.6. Others 

7. ASIA PACIFIC ANIMAL FEED MARKET BY RAW MATERIALS   

7.1. Introduction

7.2. Soya

7.3. Canola

7.4. Rendered Meal

7.5. Others

8. ASIA PACIFIC ANIMAL FEED MARKET BY PRODUCTION SYSTEMS

8.1. Introduction

8.2. Integrated

8.3. Commercial Mills

9. ASIA PACIFIC ANIMAL FEED MARKET BY DISTRIBUTION CHANNEL

9.1. Introduction

9.2. Direct Selling

9.3. Distributor

10. ASIA PACIFIC ANIMAL FEED MARKET BY COUNTRY

10.1. Introduction

10.2. China

10.3. Japan

10.4. India

10.5. South Korea

10.6. Australia

10.7. Indonesia

10.8. Vietnam

10.9. Thailand

10.10. Taiwan

10.11. Others 

11. COMPETITIVE ENVIRONMENT AND ANALYSIS

11.1. Major Players and Strategy Analysis

11.2. Market Share Analysis

11.3. Mergers, Acquisitions, Agreements, and Collaborations

11.4. Competitive Dashboard

12. COMPANY PROFILES

12.1. Cargill, Incorporated

12.2. Kemin Industries, Inc.

12.3. New Hope Liuhe Co., Ltd.

12.4. Archer-Daniels-Midland Company

12.5. Weston Milling Animal Nutrition 

12.6. De Heus Beheer B.V.

12.7. Tyson Foods Inc. 

12.8. Alltech Inc.

12.9. East Hope Group

12.10. Godrej Agrovet Limited

12.11. Novus International 

12.12. BASF SE

Cargill, Incorporated

Kemin Industries, Inc.

New Hope Liuhe Co., Ltd.

Archer-Daniels-Midland Company

Weston Milling Animal Nutrition 

De Heus Beheer B.V.

Tyson Foods Inc. 

Alltech Inc.

East Hope Group

Godrej Agrovet Limited

Novus International 

BASF SE