Vietnam Compound Feed Market- Trend Analysis & Forecasts
Description
Vietnam’s Compound Feed Market Overview:
Vietnam’s compound feed market, valued at US$ ** billion in 2023 with production of ** million tonnes, is expanding steadily and is expected to grow at a CAGR of **% between 2020 and 2030. Growth is fueled by rising demand for meat, dairy, and aquaculture products as urbanization and incomes increase. The feed industry supports commercial livestock farming with nutritionally balanced formulations and is diversifying into aquaculture feed to serve Vietnam’s strong seafood export market. However, input price volatility and infrastructure gaps continue to challenge cost efficiency and distribution.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the Vietnam’s compound feed market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
The market benefits from the rapid modernization of livestock farming, government support for productivity, and private investment in large-scale poultry, swine, and aquaculture operations. Technological advancements in feed processing have improved digestibility and efficiency, boosting yields. Higher disposable incomes and dietary shifts toward protein-rich foods increase demand for quality meat and seafood, while organized retail and fast-food expansion drive consumption. The government’s push to reduce feed waste and strengthen supply chains adds further momentum.
Market Restraints & Challenges
Feed producers face fluctuating input costs, especially for imported maize and soybean meal, which dominate protein and energy sourcing. Weak rural logistics and storage increase distribution costs and reduce feed quality. Traditional on-farm feed methods remain competitive among smallholders. Disease outbreaks like African swine fever disrupt feed demand. Environmental regulations on production and waste management add compliance costs, while global price swings expose the industry to supply risk.
Market Segmentation
Demand is led by poultry, swine, and aquaculture. Poultry feed holds the largest share due to chicken consumption, while swine feed remains critical for pork, Vietnam’s dietary staple. Aquaculture feed is growing rapidly for catfish and shrimp, key seafood export products. Feeds rely heavily on maize, soybean meal, rice bran, cassava, and fish meal, with high-protein and specialized blends increasingly tailored to each species’ needs.
Competitive Landscape
The market is highly competitive, combining multinational corporations and local players. Leading firms include Cargill Vietnam, De Heus, Charoen Pokphand Vietnam, GreenFeed, Japfa Comfeed, New Hope Group, Proconco, Vinafood Group, CJ Vina Agri, Dabaco, Masan MEATLife, and BIOMIN Vietnam. Global players dominate with advanced formulations and large capacity, while local firms compete on cost and flexibility. Companies invest in regional sourcing, feed innovation, and technology upgrades to manage price risks and differentiate products.
Outlook
Vietnam’s compound feed market is expected to grow steadily through 2030 as urbanization, income growth, and demand for protein-rich diets drive livestock and aquaculture expansion. Government support for sustainable practices and technology-driven feed production will enhance efficiency. Reducing import dependence on maize and soybean meal, upgrading logistics, and stabilizing input costs will be critical to long-term growth. Vietnam is set to strengthen its position in the global livestock and seafood supply chain with more specialized, high-quality feeds.
Scope of the Report:
• Historical Years: 2018-2022
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Report Coverage: Production, Consumption, Export, and Import
• Segments Covered:
By Type (Poultry (Chicken & Layer), Cattle (Dairy & Beef), Swine, Aquaculture, and Others)
By Sales (Domestic Consumption and Exports)
• Companies Profiled: The market players include, Cargill Vietnam Co., Ltd. De Heus LLC, Charoen Pokphand Vietnam Co., Ltd., GreenFeed Vietnam Corporation, Japfa Comfeed Vietnam Ltd., New Hope Group Vietnam, Proconco Vietnam, Vinafood Group, CJ Vina Agri Co., Ltd., Dabaco Group, Masan MEATLife Corporation, Tien Giang Animal Feed Joint Stock Company, Vina Agri International Co., Ltd., BIOMIN Vietnam Co., Ltd., Anova Feed, and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
Vietnam’s compound feed market, valued at US$ ** billion in 2023 with production of ** million tonnes, is expanding steadily and is expected to grow at a CAGR of **% between 2020 and 2030. Growth is fueled by rising demand for meat, dairy, and aquaculture products as urbanization and incomes increase. The feed industry supports commercial livestock farming with nutritionally balanced formulations and is diversifying into aquaculture feed to serve Vietnam’s strong seafood export market. However, input price volatility and infrastructure gaps continue to challenge cost efficiency and distribution.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the Vietnam’s compound feed market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
The market benefits from the rapid modernization of livestock farming, government support for productivity, and private investment in large-scale poultry, swine, and aquaculture operations. Technological advancements in feed processing have improved digestibility and efficiency, boosting yields. Higher disposable incomes and dietary shifts toward protein-rich foods increase demand for quality meat and seafood, while organized retail and fast-food expansion drive consumption. The government’s push to reduce feed waste and strengthen supply chains adds further momentum.
Market Restraints & Challenges
Feed producers face fluctuating input costs, especially for imported maize and soybean meal, which dominate protein and energy sourcing. Weak rural logistics and storage increase distribution costs and reduce feed quality. Traditional on-farm feed methods remain competitive among smallholders. Disease outbreaks like African swine fever disrupt feed demand. Environmental regulations on production and waste management add compliance costs, while global price swings expose the industry to supply risk.
Market Segmentation
Demand is led by poultry, swine, and aquaculture. Poultry feed holds the largest share due to chicken consumption, while swine feed remains critical for pork, Vietnam’s dietary staple. Aquaculture feed is growing rapidly for catfish and shrimp, key seafood export products. Feeds rely heavily on maize, soybean meal, rice bran, cassava, and fish meal, with high-protein and specialized blends increasingly tailored to each species’ needs.
Competitive Landscape
The market is highly competitive, combining multinational corporations and local players. Leading firms include Cargill Vietnam, De Heus, Charoen Pokphand Vietnam, GreenFeed, Japfa Comfeed, New Hope Group, Proconco, Vinafood Group, CJ Vina Agri, Dabaco, Masan MEATLife, and BIOMIN Vietnam. Global players dominate with advanced formulations and large capacity, while local firms compete on cost and flexibility. Companies invest in regional sourcing, feed innovation, and technology upgrades to manage price risks and differentiate products.
Outlook
Vietnam’s compound feed market is expected to grow steadily through 2030 as urbanization, income growth, and demand for protein-rich diets drive livestock and aquaculture expansion. Government support for sustainable practices and technology-driven feed production will enhance efficiency. Reducing import dependence on maize and soybean meal, upgrading logistics, and stabilizing input costs will be critical to long-term growth. Vietnam is set to strengthen its position in the global livestock and seafood supply chain with more specialized, high-quality feeds.
Scope of the Report:
• Historical Years: 2018-2022
• Base Year: 2023
• Forecast Period: 2024-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Report Coverage: Production, Consumption, Export, and Import
• Segments Covered:
By Type (Poultry (Chicken & Layer), Cattle (Dairy & Beef), Swine, Aquaculture, and Others)
By Sales (Domestic Consumption and Exports)
• Companies Profiled: The market players include, Cargill Vietnam Co., Ltd. De Heus LLC, Charoen Pokphand Vietnam Co., Ltd., GreenFeed Vietnam Corporation, Japfa Comfeed Vietnam Ltd., New Hope Group Vietnam, Proconco Vietnam, Vinafood Group, CJ Vina Agri Co., Ltd., Dabaco Group, Masan MEATLife Corporation, Tien Giang Animal Feed Joint Stock Company, Vina Agri International Co., Ltd., BIOMIN Vietnam Co., Ltd., Anova Feed, and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
Table of Contents
158 Pages
- 1. Executive Summary
- 2. Introduction
- 2.1. Objectives & Scope of the Study
- 2.2. Definitions & Economic Importance
- 2.3. Research Methodology
- 2.4. Factors and Decision Matrix Analysis
- 2.5. Limitations & Challenges
- 3. Product/ Market Overview
- 3.1. Evolution/ Origin & Geographic/ Agronomic Suitability
- 3.2. Compound Feed Feedstocks Availability
- 3.3. Processing & Grading
- 3.4. Compound Feed Uses & Application Areas
- 3.5. Regulatory Analysis
- 4. Vietnam: Country Profile
- 5. Vietnam Compound Feed Market Growth Factors Analysis
- 5.1. Drivers and Restraints Analysis
- 5.2. Challenges and Opportunities Analysis
- 5.3. Vietnam Compound Feed Industry SWOT Analysis
- 5.4. Vietnam Compound Feed Market PESTEL Analysis
- 5.5. Vietnam Compound Feed Market Porter's Five Forces analysis
- 6. Vietnam Compound Feed Market: Supply Analysis
- 6.1. Vietnam Compound Feed Production Analysis
- 6.2. Vietnam Compound Feed Production, by Type
- 7. Vietnam Compound Feed Market: Demand Analysis
- 7.1. Domestic Consumption
- 7.2. Export Demand
- 7.3. Compound Feed Supply Chain Analysis
- 7.4. Compound Feed Product Variants
- 8. Vietnam Compound Feed Market, Segmentation Analysis
- 8.1. Vietnam Compound Feed Market, by Type
- 8.1.1. Poultry
- 8.1.2. Cattle
- 8.1.3. Swine
- 8.1.4. Aquafeed
- 8.1.5. Others
- 8.2. Vietnam Compound Feed Market, Sales Type
- 8.2.1. Domestic Sales
- 8.2.2. Export Demand
- 9. Vietnam Compound Feed Market: Trade (Export & Import) Analysis
- 9.1. Compound Feed Export Trend Analysis
- 9.2. Top 10 Export Destinations of Vietnam Compound Feed
- 9.3. Compound Feed Import Trend Analysis
- 9.4. Top 10 Import Origins of Vietnam Compound Feed
- 10. Vietnam Compound Feed Market: Price Trend Analysis
- 10.1. Domestic Price Trend
- 10.2. Export Price Trend
- 10.3. Price Seasonality & Price Pattern Analysis
- 10.4. Price Events Analysis
- 11. Competitive Analysis
- 11.1. Vietnam Compound Feed Market Mapping
- 11.1.1. List of Key Countries Importing Compound Feed from Vietnam
- 11.1.2. List of Key Companies Exporting & Importing Compound Feed from Vietnam
- 11.2. Company Profiles
- 11.2.1. Cargill Vietnam Co., Ltd.
- 11.2.2. De Heus LLC
- 11.2.3. Charoen Pokphand Vietnam Co., Ltd.
- 11.2.4. GreenFeed Vietnam Corporation
- 11.2.5. Japfa Comfeed Vietnam Ltd.
- 11.2.6. New Hope Group Vietnam
- 11.2.7. Proconco Vietnam
- 11.2.8. Vinafood Group
- 11.2.9. CJ Vina Agri Co., Ltd.
- 11.2.10. Dabaco Group
- 11.2.11. Masan MEATLife Corporation
- 11.2.12. Tien Giang Animal Feed Joint Stock Company
- 11.2.13. Vina Agri International Co., Ltd.
- 11.2.14. BIOMIN Vietnam Co., Ltd.
- 11.2.15. Anova Feed
- 12. Conclusion
- 13. Appendix
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