China Animal Feed Market to Grow at 7.54% through 2030
Increased emphasis on precision nutrition and rising demand for plant-based & alternative proteins is expected to drive the China Animal Feed Market growth in the forecast period, 2026-2030.
According
to TechSci Research report, “China Animal Feed Market – By Region, Competition, Forecast & Opportunities, 2020-2030F”, the China
Animal Feed Market was valued at USD 235.65
Million in 2024 and is expected to reach USD 365.36 Million by 2030 with a CAGR
of 7.54% during the forecast period. The China animal feed market is
driven by several factors. The rapid industrialization of the livestock sector
and increasing demand for protein-rich diet have led to a surge in animal feed
consumption. The government's policy support and subsidies towards modern
animal farming techniques are further boosting the market.
Additionally,
technological advancements in animal feed production, coupled with the rise of
customized feed solutions based on animal species and age, are also
contributing to the market growth. The increased awareness about the impact of
quality feed on animal health and product quality is driving the demand for
premium feed products.
China's
animal feed market is a significant player in the global arena, with a robust
growth trend fuelled by the country's booming livestock sector. In 2020, China
was the largest consumer of animal feed globally, with a consumption value that
exceeded the U.S. by a substantial margin. The demand for animal feed in China
is largely driven by the growing meat consumption in the country. As the
standard of living improves, more Chinese consumers are incorporating meat into
their diets, thereby driving the demand for livestock and subsequently, animal feed.
Poultry
feed dominates the China animal feed market due to the high consumption of
poultry meat. Pig feed follows closely, driven by China's huge swine population
and the demand for pork - a staple in Chinese cuisine. However, the recent
African Swine Fever outbreak has disrupted the pig feed segment, causing a
temporary dip in demand. In terms of the type of feed, compound feed, which is
a blend of raw materials and supplements, dominates the market. The compound
feed market in China is expected to grow substantially, driven by increasing
awareness among livestock farmers about the benefits of nutritionally balanced
feed.
China's
animal feed market is highly competitive, with key players like New Hope Liuhe,
Wens Foodstuff, and East Hope Group holding substantial market shares. These
companies focus on expanding their production capabilities and investing in
research and development to produce high-quality feed and cater to the changing
dietary requirements of livestock. The government’s push towards modernising
China's agriculture sector is also a driving factor for the animal feed market.
Policies and initiatives to improve feed conversion ratios and reduce
environmental impacts have led to the increased use of industrialised feed
products. Sustainability
and environment-friendly practices are emerging trends in China's animal feed
market, with an increasing focus on reducing the carbon footprint of livestock
farming. Feed producers are looking for sustainable alternatives like insect
meal or lab-grown proteins, which have less environmental impact. However, the
market faces challenges such as the rising cost of raw materials and
fluctuations in grain production due to environmental issues. The recent trade
tensions between China and the U.S. have also led to a spike in soybean prices,
a major component in animal feed. Despite the challenges, China's animal feed
market shows promising potential for growth. The market is expected to further
expand, driven by factors such as rising meat consumption, increasing consumer
awareness about the quality of meat products, and government support for
modern, sustainable farming practices.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "China Animal Feed Market”
The China
Animal Feed Market is segmented into type, product, regional distribution, and
company
Based
on product, In the rapidly expanding China Animal Feed Market, Forage is the fastest-growing segment, driven by its essential role in enhancing animal product quality and supporting animal health and well-being. With rising demand for premium meat products, Forage’s growth is accelerating. It provides vital, sustainable feed options for livestock, offering nutrient-rich ingredients like grasses, legumes, and other forage crops that promote healthier animals and contribute to food security and sustainability goals.
The growing emphasis on animal welfare and sustainable farming practices has further boosted demand for Forage. As consumers increasingly prioritize the origin and quality of animal products, Forage aligns with their preference for ethically sourced, environmentally friendly options. This has fueled its rapid growth, meeting both consumer expectations and regulatory standards. Forage’s importance in the China Animal Feed Market is undeniable: it enhances animal product quality, supports animal health, and aids in food security and sustainability. With the continued rise in demand for high-quality meat, Forage’s rapid growth is expected to drive the sector's future development.
Based
on region, South-Central
China emerged as the second most dominant region in the animal feed market.
This region, encompassing provinces like Hunan, Hubei, Guangdong, and Guangxi,
has seen substantial growth in both its animal feed consumption and production.
Several factors contribute to South-Central China’s rising prominence in the
animal feed industry. One of the main
drivers of South-Central China's position in the animal feed market is its
robust agricultural and livestock production. The region has a large
concentration of livestock farms, including those raising poultry, pigs, and
cattle, making it a significant hub for animal feed demand. As the
second-largest pork producer in China, provinces like Hunan and Hubei have a
particularly high demand for swine feed. Pork remains the most consumed meat in
the country, and South-Central China plays a crucial role in meeting both
domestic consumption and export requirements. The rise in demand for
high-quality pork products, coupled with an increasing focus on sustainable
farming practices, has led to a surge in the need for advanced and specialized
animal feed formulations in the region.
Additionally,
South-Central China has seen significant growth in the poultry and ruminant
sectors. Poultry farming, particularly broiler and egg production, is
widespread in the region, and as consumer demand for poultry products continues
to grow, so does the demand for poultry feed. In recent years, there has been a
focus on improving the quality and safety of poultry meat, which has further
boosted the need for high-quality, nutrient-rich animal feed solutions.
Moreover, the increasing urbanization and rising middle-class population in
South-Central China have contributed to the demand for better quality animal
products, further driving the growth of the animal feed market. The region's
industrialization and infrastructure development also play a key role in
supporting the animal feed industry. South-Central China has seen rapid
improvements in logistics, transportation, and distribution networks, which
facilitate the smooth movement of animal feed products across provinces. This
enhanced infrastructure enables feed manufacturers to meet the growing demand
for animal feed efficiently and effectively, ensuring a consistent supply for
local farms.
Major
companies operating in the China Animal Feed Market are:
- New
Hope Liuhe Co., Ltd.
- China
Animal Husbandry Industry Co., Ltd
- C.P.
Pokphand Co. Ltd.
- Tangrenshen
Group
- Guangdong
HAID Group Co., Ltd.
- ANDRITZ
Feed and Biofuel Technology Co., Ltd.
- Guangdong
Hengxing Feed Industry Co., Ltd.
- Trouw
Nutrition China
- ADM
(Shanghai) Management Co., Ltd
- Cargill Investments
(China), Ltd.
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“The
future of China's Animal Feed Market is poised to showcase robust and sustained
growth in the coming years. This growth is primarily driven by the rising
demand for high-quality meat products and dairy, as the population continues to
grow and dietary preferences evolve towards a more protein-rich diet. With an
increasing emphasis on the overall health and well-being of animals, there is a
surge in livestock production, ensuring a steady supply to meet the growing
needs of the market. Moreover, the introduction of fortified animal feeds with
essential nutrients and vitamins is further enhancing the quality of animal
products. This not only improves the nutritional value of the final products
but also promotes animal health and welfare. As consumers become more conscious
about the origin and quality of the food they consume, there is a growing
awareness about the importance of animal health and nutrition. This awareness
is driving the demand for high-quality animal feed, ensuring optimal growth,
and improved productivity. As China's economy continues to develop and its
agricultural sector thrives, the Animal Feed Market is set to play a crucial
role in meeting the demands of the growing population. With increasing
urbanization and changes in lifestyle, the demand for meat and dairy products
is expected to rise even further. The Animal Feed Market will continue to
support the country's agricultural sector by providing sustainable and efficient
solutions to meet the evolving needs of the market”, said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based management consulting
firm.
“China
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 China 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 China Animal Feed Market.
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