Vietnam Animal Feed Market Size Set to Reach USD 1.5 Billion by 2031

Published | 27 October 2025

Vietnam Animal Feed Market is flourishing primarily due to a spurring demand for meat and dairy products from the growing population across the country’s expanding urban areas and growing awareness about animal nutrition.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Vietnam Animal Feed Market size at USD 1,026.22 million in 2024. During the forecast period between 2025 and 2031, BlueWeave expects Vietnam Animal Feed Market size to grow at a CAGR of 5.43% reaching a value of USD 1,485.70 million by 2031. The growth of Vietnam Animal Feed Market is propelled by an increasing demand for meat and dairy products from a growing population and rapid urbanization. Growing awareness about animal nutrition, coupled with a focus on livestock health and productivity, fuels the demand for quality feed. Economic development and a shift toward higher protein diets are forecast to contribute further to the expansion of Vietnam Animal Feed Market during the period in analysis.

Opportunity – Spurring Demand for Specialty Animal Feed

In the dynamic landscape of Vietnam Animal Feed Market, the escalating demand for specialty feeds could emerge as a major growth driver in the coming years. The surge, driven by evolving consumer preferences and a heightened focus on animal nutrition, propels the market to unprecedented heights. Stakeholders are capitalizing on this trend, fostering innovations in specialized feed formulations to meet the unique dietary needs of diverse livestock, ultimately contributing to the robust expansion of the regional animal feed industry.

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Impact of Escalating Geopolitical Tensions on Vietnam Animal Feed Market    

Escalating geopolitical tensions across the major regions, exacerbated by the Russia-Ukraine war, have significantly impacted the growth of Vietnam Animal Feed Market. Political, military, trade, and tariff uncertainties have disrupted the supply chain, leading to increased prices and reduced availability of key feed ingredients. The conflict's spillover effect has heightened market volatility, causing concerns among stakeholders. Import-dependent nations face challenges in securing stable supplies, affecting livestock farmers and food production. Additionally, fluctuating currency values and regulatory uncertainties further compound the challenges for the players in Vietnam Animal Feed Market.

Fodder Segment Dominates Vietnam Animal Feed Market by Product

The fodder segment accounts for the largest market share of Vietnam Animal Feed Market by product. It indicates a substantial focus on processed feed products for livestock. This underscores the country's emphasis on nutritionally balanced and formulated feeds to enhance animal health and productivity. The fodder segment's market prominence signifies the pivotal role it plays in meeting the diverse dietary needs of livestock across the country, reflecting the evolving trends and demands within Vietnam Animal Feed Market.

Competitive Landscape

Vietnam Animal Feed Market is fiercely competitive. Major companies in the market include Cargill Vietnam, CJ Vina Agri, CP Livestock, Dabaco Group, De Heus Vietnam, GreenFeed Vietnam Corporation, Hong Ha Nutrition, Japfa Comfeed, Mavin Group, Sunjin Vina, and Masan Nutri-Science. These companies use various strategies, including increasing investments in their R&D activities, mergers, acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the Vietnam Animal Feed Market.

Don’t miss the business opportunity Vietnam Animal Feed Market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Vietnam Animal Feed Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Vietnam Animal Feed Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

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