Vietnam Animal Feed Market By Type (Swine Animal Feed, Poultry Animal Feed, Ruminant Feed, Aquatic Feed, Others), By Product (Fodder, Forage, Others), By Region and Competition, Forecast & Opportunities, 2021-2031F

Key Insights	Details
Forecast Period	2027-2031
Market Size (2025)	USD 4.58 Billion
CAGR (2026-2031)	5.79%
Fastest Growing Segment	Poultry Animal Feed
Largest Market	Southern Vietnam
Market Size (2031)	USD 6.42 Billion

Market Overview

The Vietnam Animal Feed Market will grow from USD 4.58 Billion in 2025 to USD 6.42 Billion by 2031 at a 5.79% CAGR. Animal feed encompasses formulated food products designed to meet the nutritional requirements of domesticated animals, primarily livestock and poultry, thereby supporting their optimal growth, health, and productivity. The Vietnam Animal Feed Market is significantly driven by the nation's expanding livestock and aquaculture sectors, characterized by a structural shift from traditional farming to commercial and semi-industrial operations. This transformation, coupled with rising domestic consumption of animal protein due to increasing disposable incomes and urbanization, fuels consistent demand for high-quality feed formulations. Furthermore, government initiatives promoting sustainable livestock production and enhanced farming practices contribute substantially to market expansion.

According to the Department of Livestock and Veterinary, in 2025, total animal feed production in Vietnam reached approximately 22 million tons, marking a 3 percent increase. Despite this robust growth, a significant challenge impeding market expansion is the heavy reliance on imported raw materials such as corn and soybeans. This dependence exposes the industry to volatility in global commodity prices and supply chain disruptions, directly impacting production costs for feed manufacturers.

Key Market Drivers

Expansion of commercial livestock and aquaculture drives feed demand.
The expansion of commercial livestock and aquaculture production significantly drives demand within the Vietnam Animal Feed Market. The ongoing structural shift from traditional small-scale farming to modern, industrialized operations necessitates high-quality, formulated feeds engineered to maximize animal productivity and meet evolving market standards. Commercial farms, particularly in sectors such as aquaculture and poultry, rely heavily on nutritionally balanced feed formulations to achieve optimal growth rates and improved feed conversion ratios. According to the Department of Fisheries and Fisheries Surveillance, in January 2026, aquaculture production in Vietnam reached 6.1 million tons in 2025, marking a 5.1% increase. This sustained growth in commercial production directly translates into a consistent and escalating requirement for specialized feed products.

Rising incomes and urbanization boost protein demand and animal feed growth.
Simultaneously, the growing demand for animal protein products, fueled by rising disposable incomes and rapid urbanization across Vietnam, serves as a crucial market driver. As consumer purchasing power strengthens, dietary preferences increasingly lean towards higher protein intake, fostering robust demand for diverse animal-derived foods including meat, poultry, and seafood. This consumption trend incentivizes livestock and aquaculture producers to scale operations and enhance efficiency, thereby further stimulating the demand for animal feed. According to Asian Agribiz, in January 2026, pork consumption in Vietnam was estimated at nearly 39 kg per capita in 2025, accounting for more than 60% of total meat intake. This strong domestic appetite for protein-rich foods, coupled with increasing export opportunities, creates a positive feedback loop for the animal feed market. Overall, according to the National Statistics Office, in May 2026, Vietnam produced 1,370.24 thousand tonnes of animal feed.

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Key Market Challenges

Import Dependence and Market Volatility
The Vietnam Animal Feed Market faces a significant challenge due to its heavy reliance on imported raw materials. This dependence on external sources for critical ingredients such as corn and soybeans exposes the domestic industry to substantial volatility in global commodity prices and potential disruptions in supply chains. These external pressures directly impact the operational stability and cost-effectiveness of feed manufacturers within the country.

Import Costs Driving Growth Constraints
For instance, according to preliminary statistics from the Customs Department, Vietnam's corn imports in 2025 reached over 11.91 million tonnes, valued at over US$2.95 billion, while soybean imports exceeded 2.61 million tonnes, valued at over US$1.21 billion. Such a high volume of imported raw materials means that price fluctuations or logistical issues in international markets directly translate into increased production expenses for Vietnamese feed producers. This elevated cost burden can restrict capital allocation for modernization, deter investments in capacity expansion, and ultimately impede the overall growth trajectory of the Vietnam Animal Feed Market.

Key Market Trends

Advanced Additives and Precision Nutrition Drive Efficiency and Cost Reduction
The integration of advanced feed additives and precision nutrition represents a significant trend in the Vietnam Animal Feed Market, aimed at optimizing animal health, improving feed conversion efficiency, and reducing reliance on traditional inputs. Manufacturers are increasingly incorporating functional ingredients such as probiotics, prebiotics, and enzymes to enhance gut health and nutrient absorption. This strategic shift also involves the adoption of precision feeding techniques and data analytics, enabling tailored nutritional solutions that minimize waste and maximize productivity. The emphasis on these advanced methods contributes to overall cost efficiency within the industry. For instance, according to AviNews, in February 2026, retail prices for compound swine and broiler feed decreased by 2.5% to 3.5%, directly easing input costs for producers.

Growing Emphasis on Sustainable Plant-Based Feeds and By-Product Utilization
Alongside technological advancements, a growing emphasis on sustainable and plant-based feed solutions is reshaping the market, driven by environmental concerns and a push towards eco-friendlier production. This trend involves transitioning from animal-derived ingredients to alternative protein sources and utilizing agricultural by-products to reduce environmental impact and improve supply chain resilience. Vietnamese producers are actively exploring and integrating plant-based proteins, such as those derived from insects or specific crops, to create more sustainable feed formulations. Illustrating this shift, according to AviNews, in February 2026, the signing of a protocol for rice bran exports to China granted market access to 12 Vietnamese enterprises with a projected capacity of 1.2 million tons per year, highlighting the utilization of domestic agricultural by-products for feed.

Segmental Insights

Poultry Feed Growth Fueled by Rising Domestic Demand and Government Support
The Vietnam Animal Feed Market observes significant growth in the Poultry Animal Feed segment, emerging as the fastest-expanding category. This rapid expansion is primarily driven by escalating domestic consumption of poultry products, spurred by increasing urbanization and rising disposable incomes, making poultry an accessible and preferred protein source for a broad consumer base. Furthermore, the segment benefits from sustained governmental efforts, notably from the Ministry of Agriculture and Rural Development, which actively promotes modern farming practices, biosecurity measures, and disease prevention in the poultry sector, ensuring stable production and consumer confidence. This combination of robust consumer demand and supportive regulatory frameworks underpins the dynamic growth of poultry feed.

Regional Insights

Southern Vietnam's Market Leadership in Animal Feed
Southern Vietnam dominates the national animal feed market, primarily driven by its robust agricultural sector, characterized by fertile lands and favorable climatic conditions that support raw material cultivation. The region also hosts a significant concentration of commercial livestock, poultry, and aquaculture farms, generating substantial and consistent demand for various feed products. Furthermore, its strategic geographical location, coupled with well-developed infrastructure, including major ports and efficient transportation networks, facilitates both domestic distribution and international export opportunities. This confluence of agricultural strength, intensive farming practices, and logistical advantages, augmented by strong government support for the agricultural industry, solidifies Southern Vietnam's leading position in the market.

Recent Developments

• In September 2024, a Memorandum of Understanding (MoU) was signed between the American Feed Industry Association (AFIA), the Vietnam Feed Association (VFA), and the Animal Husbandry Association of Vietnam (AHAV). This collaboration aimed to strengthen Vietnam's animal feed and production sectors by fostering knowledge exchange and expertise sharing. The strategic partnership was established to support Vietnam's sustainable development goals for its feed and animal production industries, promoting best practices and enhancing consumer confidence in the quality and safety of Vietnamese feed and animal products.
• In September 2024, Aboitiz Foods Group inaugurated its new Gold Coin Feedmill Long An factory in Ben Luc district, Long An province. This modern facility, representing a total investment of USD 45 million, has a designed production capacity of 300,000 tons of animal feed annually. The new factory significantly increased Aboitiz Foods' total production capacity in Vietnam to 1.1 million tons per year, enabling the company to produce complete mixed feed and concentrated feed for livestock and poultry, thereby strengthening its presence in the Vietnamese animal feed and nutrition market.
• In June 2024, Japfa Comfeed Vietnam completed a significant factory expansion project in Binh Xuyen district, enhancing its animal feed production capacity in Northern Vietnam. This strategic investment allowed the company to increase its annual output of pig and chicken feed to 444,000 tons. The upgraded facility, which involved a substantial investment of VND 400 billion (approximately USD 16.7 million), was designed to meet the rising demand for animal feed from farms across the northern provinces, reinforcing Japfa Comfeed's position in the Vietnamese animal feed market.
• In 2024, De Heus Vietnam opened a new research center located in Vĩnh Long province, specifically dedicated to marine animals. This facility focuses on developing and testing specialized feeds for shrimp, fish, crabs, and other crustaceans. The aim of this breakthrough research is to improve animal growth rates, enhance their health, and optimize feed efficiency within the Vietnamese animal feed market. Nutritionists and scientists at the center are working on innovative formulations to support the aquaculture sector's demand for high-quality, effective feed solutions, contributing to sustainable development in the region's aquatic livestock farming.

Key Market Players

• Cargill
• CP Group
• DSM
• Adisseo
• Nutreco
• Alltech
• Kemin
• Archer Daniels Midland
• Al Futtaim Feed

By Type	By Product	By Region
Swine Animal Feed Poultry Animal Feed Ruminant Feed Aquatic Feed Others	Fodder Forage Others	Northern Central Southern

Report Scope:

In this report, the Vietnam Animal Feed Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Vietnam Animal Feed Market, By Type:

• Swine Animal Feed
• Poultry Animal Feed
• Ruminant Feed
• Aquatic Feed
• Others

• Vietnam Animal Feed Market, By Product:

• Fodder
• Forage
• Others

• Vietnam Animal Feed Market, By Region:

• Northern
• Central
• Southern