Vietnam Feed Additives Market- Trend Analysis & Forecasts

Vietnam’s Feed Additives Market Overview:
Vietnam’s feed additives market reached a value of US$ ** million in 2024, supported by a livestock sector contributing over 25% of the country’s agricultural output. With compound feed production exceeding ** million tonnes and per capita meat consumption at 61.4 kg, demand for amino acids, enzymes, and probiotics is accelerating. Regulatory measures restricting antibiotics and rising investments from players like GreenFeed and Cargill are modernizing the feed supply chain. The market is steadily shifting toward science-backed, performance-enhancing nutrition amid a growing consumer focus on food safety and traceability.

Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the Vietnam’s feed additives 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 feed additives sector is expanding at a projected CAGR of **% to 2032, largely due to the shift toward commercialized farming, which contributed over **% of total livestock output in 2023. Rising per capita income, now above US$ 4,400, is fueling protein consumption. Supportive government strategies, such as the Livestock Development Strategy to 2030, encourage reduced antibiotic use and adoption of phytogenic alternatives. Foreign investments, including CJ Vina Agri’s US$ ** million feed facility in 2023, are introducing advanced technologies, further boosting additive demand in swine, poultry, and aquaculture systems.

Market Restraints & Challenges
Despite strong demand, Vietnam imports **% of its feed additives, making the market vulnerable to international price fluctuations. For example, methionine prices rose by 19% between 2022 and 2024. Limited local R&D restricts the development of advanced formulations, while decentralized distribution—driven by over 2,000 small-scale traders—leads to inconsistent quality and pricing. Regulatory gaps and counterfeit products, particularly in rural markets, undermine user trust and inhibit the adoption of modern additive solutions among smallholder farmers.

Market Segmentation
Amino acids led the market in 2024 with a **% revenue share, driven by their critical role in livestock nutrition. Enzymes, acidifiers, and binders also saw significant use, particularly in poultry and aquaculture. The swine segment remained dominant, representing **% of feed additive consumption due to a pig population of 29.4 million. Poultry followed with **%, and aquaculture with **%. While **% of additives used were synthetic, natural and organic variants are gaining popularity, growing at an estimated 8.5% CAGR. Dry formulations continue to dominate, though liquid additives are gaining traction in intensive operations.

Competitive Landscape
Vietnam’s feed additives market is highly competitive, with major global players like Cargill, Evonik, DSM, and Novus present through local subsidiaries or partnerships. In 2023, Cargill launched a digestibility enhancer, and ADM’s Neovia acquired Gold Coin Vietnam to expand local operations. Domestic firms such as GreenFeed, Anova Feed, and Vinafeed are investing in local formulations and launching probiotic lines. With over US$ ** million in agribusiness FDI in 2023 and increasing tech integration, the landscape is evolving toward more value-added, traceable, and performance-driven products.

Outlook
The market is projected to reach US$ ** million by 2032, driven by higher meat demand, strict biosecurity regulations, and a push toward sustainable farming. Vietnam’s role in regional trade and integration into agreements like RCEP and CPTPP will enhance its export capacity. Though price volatility and distribution inefficiencies persist, the growing shift to commercial farming and policy-driven innovation provide a solid foundation for long-term market expansion, positioning Vietnam as a key player in Southeast Asia’s feed additives landscape.

Scope of the Report:
• Historical Years: 2018-2023
• Base Year: 2024
• Forecast Period: 2025-2032
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Report Coverage: Production, Consumption, Export, and Import
• Segments Covered:
By Type (Amino Acids, Antioxidants, Acidifiers, Carotenoids, Enzymes, Phosphates, Pre & Probiotics, Vitamins & Minerals, and Others)
By Livestock (Poultry, Cattle, Swine, Aquatic Animals, and Others)
By Form (Liquid and Dry)
By Sales (Domestic Sales and Exports)
• Companies Profiled: The market players include, Cargill Vietnam, GreenFeed Vietnam, ADM (Archer Daniels Midland), Evonik Industries AG, DSM Nutritional Products, CJ Vina Agri, Anova Feed, Vinafeed Group, De Heus Vietnam, Novus International, Proconco (Masan Group), Kemin Industries, Biomin Vietnam, Elanco Animal Health, BASF SE, and Others.

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