Report

Asia-Pacific Animal Feed Market Report and Fo

158 pages Jan 2025
Asia-Pacific Animal Feed Marke

Asia-Pacific Animal Feed Market Report and Forecast 2032

Asia-Pacific Animal Feed Market Share, Size, Analysis, Growth, and Report - By Form (Dry, Liquid), By Livestock (Pork, Aquatic Animal, Cattle, Poultry, Others), By Raw Material (Soy, Corn, Others), and Others...y, Corn, Others), and Others

  • Food & Beverages
  • Pages : 158
  • Jan 2025
  • Report Format :  

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Asia-Pacific Animal Feed Market Insights & Analysis

The Asia-Pacific Animal Feed Market is anticipated to register a CAGR of around 3.30% during the forecast period, i.e., 2025-32. Along with this, the market is valued at USD 582.3 billion in 2024. The revenue prospective of the market is being positively influenced by a rising understanding of animal nutrition & technological advancements in feed production. Animal nutrition is vital for elevating livestock productivity & preventing illnesses. Poultry Hub Australia states that the One Page Feed Formulation (OPFF) Tool for hens has been modified in Timor Leste to give pigs a balanced diet. Moreover, in the APAC region, feed manufacturing technology is constantly updated to mollify local requirements. Further, to enhance productivity & elevate suggestions, eFeed, a precision management & nutrition company, combined artificial intelligence (AI) with dairy farms.

In addition, Asia-Pacific Animal Feed Market growth is driven by an upsurge in demand for meat & dairy products. Also, the requirement for sustainable animal feed is increasing as a result of a greater emphasis on preserving animal health. Vitamins, minerals, and vital fatty acids are added to animal feed through the usage of algae feed. Protein-rich insect-based feed can be utilized as a wholesome feed additive. Furthermore, microorganisms are the source of SCP feed, which is a premium protein supply. Thus, by consuming plant-based ingredients, photogenic feed additives could improve animal health & lessen the requirement for antibiotics.

Asia-Pacific Animal Feed Market FY32

Description of Image
  • Study Period: 2020- 2032

  • Base Year: 2024

  • CAGR(2025-2032): 3.30%

  • Market Value 2024: USD 582.3 Billion

  • Fastest Growing Market: China

  • Major Players: Cargill, Incorporated, Nutreco N.V., Alltech Inc., Archer Daniels Midland Company, Charoen Pokphand Foods Public Company Limited, BRF S.A, De Heus Voeders BV, and Others 
 

Besides, a considerable demand for extremely nutrient-dense animal feed items will result from the growth of livestock production throughout the region. Also, the need for premium animal feed items in the Asia-Pacific region is predicted to upscale owing to the surge in industrial production of beef, hog, mutton, and poultry as well as overgrazing & mixed farming, hence, in turn, contributing to elevating the Asia-Pacific Animal Feed Market during 2025-32.

Asia-Pacific Animal Feed Market Dynamics

  • Infusing Demand for Organic Meat to Drive the Industry Growth

The requirement for premium animal feed to assure the safety of meat has risen as a result of concerns related to food safety. Also, the increasing farm owners' knowledge of the significance of safeguarding a healthy animal diet is another positive factor driving the market for animal feed. To decrease the risk of metabolic disorders, acidosis, accidents, and infections while consecutively improving immunity to enzootic diseases, they are shifting from conventional animal feed to functional & premium varieties.

Furthermore, a promising prognosis for the enterprise has been established by the acceptance of innovative animal-rearing techniques, the maintenance of high farming standards, and an upsurge in the need for organic meat from consumers across industrialized nations.


Asia-Pacific Animal Feed Market Report and Forecast 2032

  • Rising Raw Material Costs to Hinder the Asia-Pacific Animal Feed Market

One of the probable challenges faced by the Asia-Pacific Animal Feed Market is the increasing price of raw materials. As, important components, such as corn, and soybean meal, among other grains have witnessed price variation owing to a diversity of causes, like changing global supply, unfavorable weather patterns, and growing demand for biofuels. Also, the issue is made inferior by increasing energy & transportation expenses, which raise the total cost of manufacturing feed.

Moreover, feed producers are under pressure to preserve profitability while offering livestock farmers competitive pricing as a result of these mounting costs. Additionally, the region's sensitivity to changes in global markets is augmented by the dependence of several nations on imports for specific raw commodities. Consequently, the higher cost concern might limit innovation, hamper Asia-Pacific Animal Feed Market growth, and affect farmers' access to high-quality feed across the regional landscape.

Asia-Pacific Animal Feed Market Segment-wise Analysis

By Livestock:

  • Swine
  • Poultry
  • Ruminants
  • Aquatic animals
  • Others

The Poultry segment is the most prevalent livestock kind in the Asia-Pacific Animal Feed Market and is foreseen to capture the largest share in the forecast years. The high consumption of poultry meat & eggs in the area, which are reasonably priced & broadly regarded as protein sources across a range of cultures & dietary preferences, is what is accountable for this ascendency.

Moreover, the chicken sector is also heightened by the growing populations & increasing demand for diets high in protein in countries, such as China, India, and Indonesia. The requirement for premium chicken feed is also inclined by developments in poultry farming techniques & an emphasis on maximizing feed efficacy. Also, government programs & spending in upgrading poultry production to content both domestic & export demands contribute to the segment's leadership.

By Form:

  • Dry
  • Liquid

The Dry segment to grab the potential share of the Asia-Pacific Animal Feed Market. When compared to other feeds, its extended shelf life, simplicity of storage, and affordability are the aspects of its supremacy. Dry feed, including pellets, crumbles, and mash, is utilized widely in a diversity of animal businesses, like cattle, swine, and poultry since it is easy to handle & transport. Moreover, dry feed is also more flexible, making it simple to tailor it to the exceptional nutritional requirements of several animals. Its widespread availability & suitability for automated feeding systems solidify its position as the market leader for animal feed in the Asia-Pacific region.

Regional Projection of the Asia-Pacific Animal Feed Industry

The Asia-Pacific Animal Feed Market is geographically diversified, covering:

  • China
  • India
  • Japan
  • Thailand
  • Vietnam
  • Australia
  • Rest of Asia-Pacific

China is the biggest regional industry for animal feed in the Asia-Pacific region. Poultry, swine, cattle, and aquaculture are all part of China's massive & rapidly expanding livestock market, which is the key driver of its dominance. To withstand its enormous pig farming operations, China, the world's biggest manufacturer & consumer of pork, has a substantial need for animal feed. Also, to meet local requirements, feed output has expanded as a result of China's mushrooming middle class's elevated consumption of meat & dairy products.

Moreover, the country's leadership is further strengthened by the substantial spending it has made in upscaling its agriculture market & raising feed efficacy. China constant to be the largest & most significant market for animal feed in the Asia-Pacific area owing to its well-established feed-producing infrastructure & a strong emphasis on innovation.

What Does Our Asia-Pacific Animal Feed Market Research Study Entail?

  • The Asia-Pacific Animal Feed Market Research Report highlights the forecast growth rate or CAGR by anticipating the market size & share.
  • The market analysis puts light upon the primary industry trends, driving aspects, potential opportunities, growth challenges, and other major factors.
  • The Asia-Pacific Animal Feed Market Research Report entails details about the most critical shifts in market share in the prominent regions.
  • Considering the statistics & the developments by the primary market competitors, our report also strives to demonstrate the most sought-after strategies of the key players.


Table of Contents

  1. Introduction
    1. Objective of the study
    2. Product Definition
    3. Market Segmentation
    4. Study Variables
  2. Research Methodology
    1. Secondary Data Points
      1. Companies Interviewed
    2. Primary Data Points
      1. Break Down of Primary Interviews
  3. Executive Summary
  4. Market Dynamics
    1. Drivers
    2. Challenges
    3. Opportunity Assessment
  5. Recent Trends and Developments
  6. Policy and Regulatory Landscape
  7. Asia-Pacific Animal Feed Market Overview (2020-2032)
    1. Market Size, By Value (in USD Billions)
    2. Market Share, By Form
      1. Dry
      2. Liquid
    3. Market Share, By Livestock
      1. Pork
      2. Aquatic Animal
      3. Cattle
      4. Poultry
      5. Others
    4. Market Share, By Raw Material
      1. Soy
      2. Corn
      3. Others
    5. Market Share, By Country
      1. China
      2. India
      3. Japan
      4. Thailand
      5. Vietnam
      6. Australia
      7. Rest of Asia-Pacific
    6. Market Share, By Company
      1. Revenue Shares
      2. Competition Characteristics
  8. China Animal Feed Market Overview, 2020-2032F
    1. Market Size, By Value (in USD Billions)
    2. By Form
    3. By Livestock
    4. By Raw Material
  9. India Animal Feed Market Overview, 2020-2032F
    1. Market Size, By Value (in USD Billions)
    2. By Form
    3. By Livestock
    4. By Raw Material
  10. Japan Animal Feed Market Overview, 2020-2032F
    1. Market Size, By Value (in USD Billions)
    2. By Form
    3. By Livestock
    4. By Raw Material
  11. Thailand Animal Feed Market Overview, 2020-2032F
    1. Market Size, By Value (in USD Billions)
    2. By Form
    3. By Livestock
    4. By Raw Material
  12. Vietnam Animal Feed Market Overview, 2020-2032F
    1. Market Size, By Value (in USD Billions)
    2. By Form
    3. By Livestock
    4. By Raw Material
  13. Australia Animal Feed Market Overview, 2020-2032F
    1. Market Size, By Value (in USD Billions)
    2. By Form
    3. By Livestock
    4. By Raw Material
  14. Competitive Outlook (Company Profile - Partila List)
    1. Cargill, Incorporated
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    2. Nutreco N.V.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    3. Alltech Inc.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    4. Archer Daniels Midland Company
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    5. Charoen Pokphand Foods Public Company Limited
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    6. BRF S.A
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    7. De Heus Voeders BV
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    8. Leong Hup International Berhad
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    9. New Hope Liuhe Co., Ltd.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
    10. FEED ONE CO., LTD.
      1. Company Overview
      2. Business Segments
      3. Strategic Alliances/Partnerships
      4. Recent Developments
  15. Contact Us & Disclaimer

Companies Mentioned

  • Cargill, Incorporated
  • Nutreco N.V.
  • Alltech Inc.
  • Archer Daniels Midland Company
  • Charoen Pokphand Foods Public Company Limited
  • BRF S.A
  • De Heus Voeders BV
  • Leong Hup International Berhad
  • New Hope Liuhe Co., Ltd.
  • FEED ONE CO., LTD.
  • BioMar Group
  • Others

Frequently Asked Questions

   A. The Asia-Pacific Animal Feed Market is anticipated to witness a rise at a CAGR of around 3.30% during the forecast period, i.e., 2025-32.

   A. The infusing demand for organic meat to drive the Asia-Pacific Animal Feed Market outlook through 2032.

   A. The rising raw material costs to hinder the Asia-Pacific Animal Feed Market.

   A. The leading companies in the Asia-Pacific Animal Feed Market are Cargill, Incorporated, Nutreco N.V., Alltech Inc., Archer Daniels Midland Company, Charoen Pokphand Foods Public Company Limited, BRF S.A, De Heus Voeders BV, Leong Hup International Berhad, New Hope Liuhe Co., Ltd., FEED ONE CO., LTD., BioMar Group, Others