PUBLISHER: Persistence Market Research | PRODUCT CODE: 1725809
PUBLISHER: Persistence Market Research | PRODUCT CODE: 1725809
Animal Feed Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2025 - 2032
Persistence Market Research has recently released a detailed report on the global animal feed market. The report provides an in-depth analysis of key market dynamics, including drivers, trends, opportunities, and challenges, offering valuable insights into the market structure. This research highlights exclusive data and statistics that forecast the market's growth from 2025 to 2032, shedding light on the expected trajectory of the global animal feed market.
Key Insights:
- Animal Feed Market Size (2025E): US$ 514.4 Billion
- Projected Market Value (2032F): USD 707.7 Billion
- Global Market Growth Rate (CAGR 2025 to 2032): 4.7%
Animal Feed Market - Report Scope:
Animal feed is a critical component in ensuring the health, growth, and productivity of various livestock, including cattle, poultry, aquaculture species, and pets. The global market encompasses a range of feed types such as compound, mixed, and specialized feed products. These feeds provide essential nutrients to promote optimal animal growth, reproductive health, and overall well-being.
Market growth is driven by increased demand for protein-rich food, rising global consumption of meat, dairy, and eggs, and the continued expansion of livestock farming. In addition, innovations in feed formulations that improve animal health and enhance production efficiency are contributing to the market's growth. Sustainability concerns and the shift toward more ethical farming practices are also playing a role in shaping feed production trends.
Market Growth Drivers:
The global animal feed market benefits from several key drivers, including the growing need for high-quality animal protein in emerging economies, expanding livestock industries, and advances in feed technology. With a rapidly growing global population and rising disposable incomes, demand for animal-based products is expected to rise, propelling the need for more efficient and nutritious feed solutions.
Technological advancements such as precision feeding, genetically modified feed ingredients, and improved nutrient optimization techniques are boosting feed efficiency, animal growth rates, and overall health outcomes. Moreover, alternative feed ingredients like plant-based proteins, algae, and insect proteins are gaining attention, as they offer more sustainable and eco-friendly options compared to traditional animal-based proteins.
Market Restraints:
While the animal feed market shows significant potential, there are several challenges that could hinder growth. Price volatility in key feed ingredients like corn and soybean, environmental concerns, and the growing complexity of regulatory frameworks are some of the factors restricting market expansion. The cost of raw materials can fluctuate, which in turn leads to price instability in animal feed products.
Additionally, animal health risks such as disease outbreaks-like avian influenza or African swine fever-can disrupt the supply chain and demand for feed. Stringent regulations governing the use of additives in animal feed and the growing demand for more sustainable practices in farming also create challenges for feed manufacturers.
Market Opportunities:
The animal feed market presents numerous opportunities, driven by shifting consumer preferences, technological advancements, and growing concerns about sustainability. The increasing focus on improving feed efficiency and reducing environmental impacts provides room for innovation in feed formulations and the development of eco-friendly products.
The rising demand for specialty feeds, including pet foods, organic feed, and feeds for aquaculture, also creates growth opportunities. The expanding global aquaculture industry, which relies heavily on fishmeal and other specialized feeds, is expected to contribute significantly to market growth. The growing trend toward digital farming technologies, such as precision livestock farming (PLF), will also boost the adoption of advanced feed management solutions.
Key Questions Answered in the Report:
- What are the key factors driving the growth of the global animal feed market?
- Which types of feed products and livestock sectors are leading the market expansion?
- How are technological advancements reshaping the competitive dynamics of the animal feed market?
- Who are the key market players, and what strategies are they employing to maintain market leadership?
- What are the emerging trends and future projections for the global animal feed market?
Competitive Intelligence and Business Strategy:
Collaboration with animal breeders, agricultural producers, and research organizations is helping to drive innovation in feed formulations and applications. Additionally, the growing emphasis on sustainability and ethical sourcing in the supply chain is motivating feed manufacturers to develop products that meet both regulatory requirements and consumer expectations for transparency and responsibility.
Key Companies Profiled:
- Cargill, Incorporated
- ADM
- BASF SE
- DSM
- New Hope Group
- Land O'Lakes, Inc.
- Cargill Inc.
- Alltech
- Kemin Industries, Inc.
- Godrej Agrovet Limited
- Suguna Foods Private Limited
- CHS Inc.
- Nutreco
- Charoen Pokphand Foods PCL
- Japfa Ltd.
- Feed One Co., Ltd
- Guangdong Haid Group Co., Ltd.
- Corbion N.V.
- Ajinomoto Co., Inc.
- Innovafeed
- Protix
- Others
Animal Feed Market Research Segmentation:
The animal feed market includes a broad array of products, technologies, and applications.
By Source
- Plant based
- Animal based
- Insect based
- Algae based
- Others
By Type
- Corn related
- Soy related
- Small Grains
- Processed Plants Co Products
- Animal Byproduct meals
- Feed Additives
- Others
By Form
- Powder
- Granular (Pellets & Crumbles)
- Liquid
- Others
By Livestock Type
- Ruminants
- Poultry
- Swine
- Aquaculture
By Region
- North America
- Europe
- East Asia
- South Asia and Oceania
- Latin America
- Middle East and Africa
Table of Contents
1. Executive Summary
- 1.1. Global Animal Feed Market Snapshot, 2025-2032
- 1.2. Market Opportunity Assessment, 2025-2032, US$ Bn
- 1.3. Key Market Trends
- 1.4. Future Market Projections
- 1.5. Premium Market Insights
- 1.6. Industry Developments and Key Market Events
- 1.7. PMR Analysis and Recommendations
2. Market Overview
- 2.1. Market Scope and Definition
- 2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
- 2.3. COVID-19 Impact Analysis
- 2.4. Forecast Factors - Relevance and Impact
3. Value Added Insights
- 3.1. Value Chain Analysis
- 3.2. Key Market Players
- 3.3. Regulatory Landscape
- 3.4. PESTLE Analysis
- 3.5. Porter's Five Force Analysis
4. Price Trend Analysis, 2019-2032
- 4.1. Key Factors Impacting Product Prices
- 4.2. Pricing Analysis, By Type/Livestock Type/Form
- 4.3. Regional Prices and Product Preferences
5. Global Animal Feed Market Outlook
- 5.1. Key Highlights
- 5.1.1. Market Volume (Tons) Projections
- 5.1.2. Market Size (US$ Bn) and Y-o-Y Growth
- 5.1.3. Absolute $ Opportunity
- 5.2. Market Size (US$ Bn) Analysis and Forecast
- 5.2.1. Historical Market Size (US$ Bn) Analysis, 2019-2024
- 5.2.2. Market Size (US$ Bn) Analysis and Forecast, 2025-2032
- 5.3. Global Animal Feed Market Outlook: Source
- 5.3.1. Historical Market Size (US$ Bn) and Volume (Tons) Analysis, By Source, 2019-2024
- 5.3.2. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
- 5.3.2.1. Plant based
- 5.3.2.2. Animal based
- 5.3.2.3. Insect based
- 5.3.2.4. Algae based
- 5.3.2.5. Others
- 5.3.3. Market Attractiveness Analysis: Source
- 5.4. Global Animal Feed Market Outlook: Type
- 5.4.1. Historical Market Size (US$ Bn) and Volume (Tons) Analysis, By Type, 2019-2024
- 5.4.2. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
- 5.4.2.1. Corn related
- 5.4.2.2. Soy related
- 5.4.2.3. Small Grains
- 5.4.2.4. Processed Plants Co Products
- 5.4.2.5. Animal Byproduct meals
- 5.4.2.6. Feed Additives
- 5.4.2.7. Others
- 5.4.3. Market Attractiveness Analysis: Type
- 5.5. Global Animal Feed Market Outlook: Form
- 5.5.1. Historical Market Size (US$ Bn) and Volume (Tons) Analysis, By Form, 2019-2024
- 5.5.2. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
- 5.5.2.1. Powder
- 5.5.2.2. Granular(Pellets & Crumbles)
- 5.5.2.3. Liquid
- 5.5.2.4. Others
- 5.5.3. Market Attractiveness Analysis: Form
- 5.6. Global Animal Feed Market Outlook: Livestock Type
- 5.6.1. Historical Market Size (US$ Bn) and Volume (Tons) Analysis, By Livestock Type, 2019-2024
- 5.6.2. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Livestock Type, 2025-2032
- 5.6.2.1. Ruminants
- 5.6.2.2. Poultry
- 5.6.2.3. Swine
- 5.6.2.4. Aquaculture
- 5.6.3. Market Attractiveness Analysis: Livestock Type
6. Global Animal Feed Market Outlook: Region
- 6.1. Historical Market Size (US$ Bn) and Volume (Tons) Analysis, By Region, 2019-2024
- 6.2. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Region, 2025-2032
- 6.2.1. North America
- 6.2.2. Latin America
- 6.2.3. Europe
- 6.2.4. East Asia
- 6.2.5. South Asia and Oceania
- 6.2.6. Middle East & Africa
- 6.3. Market Attractiveness Analysis: Region
7. North America Animal Feed Market Outlook
- 7.1. Historical Market Size (US$ Bn) and Volume (Tons) Analysis, By Market, 2019-2024
- 7.1.1. By Country
- 7.1.2. By Source
- 7.1.3. By Type
- 7.1.4. By Form
- 7.1.5. By Livestock Type
- 7.2. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Country, 2025-2032
- 7.2.1. U.S.
- 7.2.2. Canada
- 7.3. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
- 7.3.1. Plant based
- 7.3.2. Animal based
- 7.3.3. Insect based
- 7.3.4. Algae based
- 7.3.5. Others
- 7.4. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
- 7.4.1. Corn related
- 7.4.2. Soy related
- 7.4.3. Small Grains
- 7.4.4. Processed Plants Co Products
- 7.4.5. Animal Byproduct meals
- 7.4.6. Feed Additives
- 7.4.7. Others
- 7.5. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
- 7.5.1. Powder
- 7.5.2. Granular(Pellets & Crumbles)
- 7.5.3. Liquid
- 7.5.4. Others
- 7.6. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Livestock Type, 2025-2032
- 7.6.1. Ruminants
- 7.6.2. Poultry
- 7.6.3. Swine
- 7.6.4. Aquaculture
- 7.7. Market Attractiveness Analysis
8. Europe Animal Feed Market Outlook
- 8.1. Historical Market Size (US$ Bn) and Volume (Tons) Analysis, By Market, 2019-2024
- 8.1.1. By Country
- 8.1.2. By Source
- 8.1.3. By Type
- 8.1.4. By Form
- 8.1.5. By Livestock Type
- 8.2. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Country, 2025-2032
- 8.2.1. Germany
- 8.2.2. France
- 8.2.3. U.K.
- 8.2.4. Italy
- 8.2.5. Spain
- 8.2.6. Russia
- 8.2.7. Rest of Europe
- 8.3. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
- 8.3.1. Plant based
- 8.3.2. Animal based
- 8.3.3. Insect based
- 8.3.4. Algae based
- 8.3.5. Others
- 8.4. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
- 8.4.1. Corn related
- 8.4.2. Soy related
- 8.4.3. Small Grains
- 8.4.4. Processed Plants Co Products
- 8.4.5. Animal Byproduct meals
- 8.4.6. Feed Additives
- 8.4.7. Others
- 8.5. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
- 8.5.1. Powder
- 8.5.2. Granular(Pellets & Crumbles)
- 8.5.3. Liquid
- 8.5.4. Others
- 8.6. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Livestock Type, 2025-2032
- 8.6.1. Ruminants
- 8.6.2. Poultry
- 8.6.3. Swine
- 8.6.4. Aquaculture
- 8.7. Market Attractiveness Analysis
9. East Asia Animal Feed Market Outlook
- 9.1. Historical Market Size (US$ Bn) and Volume (Tons) Analysis, By Market, 2019-2024
- 9.1.1. By Country
- 9.1.2. By Source
- 9.1.3. By Type
- 9.1.4. By Form
- 9.1.5. By Livestock Type
- 9.2. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Country, 2025-2032
- 9.2.1. China
- 9.2.2. Japan
- 9.2.3. South Korea
- 9.3. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
- 9.3.1. Plant based
- 9.3.2. Animal based
- 9.3.3. Insect based
- 9.3.4. Algae based
- 9.3.5. Others
- 9.4. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
- 9.4.1. Corn related
- 9.4.2. Soy related
- 9.4.3. Small Grains
- 9.4.4. Processed Plants Co Products
- 9.4.5. Animal Byproduct meals
- 9.4.6. Feed Additives
- 9.4.7. Others
- 9.5. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
- 9.5.1. Powder
- 9.5.2. Granular(Pellets & Crumbles)
- 9.5.3. Liquid
- 9.5.4. Others
- 9.6. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Livestock Type, 2025-2032
- 9.6.1. Ruminants
- 9.6.2. Poultry
- 9.6.3. Swine
- 9.6.4. Aquaculture
- 9.7. Market Attractiveness Analysis
10. South Asia & Oceania Animal Feed Market Outlook
- 10.1. Historical Market Size (US$ Bn) and Volume (Tons) Analysis, By Market, 2019-2024
- 10.1.1. By Country
- 10.1.2. By Source
- 10.1.3. By Type
- 10.1.4. By Form
- 10.1.5. By Livestock Type
- 10.2. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Country, 2025-2032
- 10.2.1. India
- 10.2.2. Indonesia
- 10.2.3. Thailand
- 10.2.4. Singapore
- 10.2.5. ANZ
- 10.2.6. Rest of South Asia & Oceania
- 10.3. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
- 10.3.1. Plant based
- 10.3.2. Animal based
- 10.3.3. Insect based
- 10.3.4. Algae based
- 10.3.5. Others
- 10.4. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
- 10.4.1. Corn related
- 10.4.2. Soy related
- 10.4.3. Small Grains
- 10.4.4. Processed Plants Co Products
- 10.4.5. Animal Byproduct meals
- 10.4.6. Feed Additives
- 10.4.7. Others
- 10.5. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
- 10.5.1. Powder
- 10.5.2. Granular(Pellets & Crumbles)
- 10.5.3. Liquid
- 10.5.4. Others
- 10.6. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Livestock Type, 2025-2032
- 10.6.1. Ruminants
- 10.6.2. Poultry
- 10.6.3. Swine
- 10.6.4. Aquaculture
- 10.7. Market Attractiveness Analysis
11. Latin America Animal Feed Market Outlook
- 11.1. Historical Market Size (US$ Bn) and Volume (Tons) Analysis, By Market, 2019-2024
- 11.1.1. By Country
- 11.1.2. By Source
- 11.1.3. By Type
- 11.1.4. By Form
- 11.1.5. By Livestock Type
- 11.2. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Country, 2025-2032
- 11.2.1. Brazil
- 11.2.2. Mexico
- 11.2.3. Rest of Latin America
- 11.3. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
- 11.3.1. Plant based
- 11.3.2. Animal based
- 11.3.3. Insect based
- 11.3.4. Algae based
- 11.3.5. Others
- 11.4. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
- 11.4.1. Corn related
- 11.4.2. Soy related
- 11.4.3. Small Grains
- 11.4.4. Processed Plants Co Products
- 11.4.5. Animal Byproduct meals
- 11.4.6. Feed Additives
- 11.4.7. Others
- 11.5. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
- 11.5.1. Powder
- 11.5.2. Granular(Pellets & Crumbles)
- 11.5.3. Liquid
- 11.5.4. Others
- 11.6. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Livestock Type, 2025-2032
- 11.6.1. Ruminants
- 11.6.2. Poultry
- 11.6.3. Swine
- 11.6.4. Aquaculture
- 11.7. Market Attractiveness Analysis
12. Middle East & Africa Animal Feed Market Outlook
- 12.1. Historical Market Size (US$ Bn) and Volume (Tons) Analysis, By Market, 2019-2024
- 12.1.1. By Country
- 12.1.2. By Source
- 12.1.3. By Type
- 12.1.4. By Form
- 12.1.5. By Livestock Type
- 12.2. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Country, 2025-2032
- 12.2.1. GCC Countries
- 12.2.2. Egypt
- 12.2.3. South Africa
- 12.2.4. Northern Africa
- 12.2.5. Rest of Middle East & Africa
- 12.3. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Source, 2025-2032
- 12.3.1. Plant based
- 12.3.2. Animal based
- 12.3.3. Insect based
- 12.3.4. Algae based
- 12.3.5. Others
- 12.4. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Type, 2025-2032
- 12.4.1. Corn related
- 12.4.2. Soy related
- 12.4.3. Small Grains
- 12.4.4. Processed Plants Co Products
- 12.4.5. Animal Byproduct meals
- 12.4.6. Feed Additives
- 12.4.7. Others
- 12.5. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Form, 2025-2032
- 12.5.1. Powder
- 12.5.2. Granular(Pellets & Crumbles)
- 12.5.3. Liquid
- 12.5.4. Others
- 12.6. Market Size (US$ Bn) and Volume (Tons) Analysis and Forecast, By Livestock Type, 2025-2032
- 12.6.1. Ruminants
- 12.6.2. Poultry
- 12.6.3. Swine
- 12.6.4. Aquaculture
- 12.7. Market Attractiveness Analysis
13. Competition Landscape
- 13.1. Market Share Analysis, 2025
- 13.2. Market Structure
- 13.2.1. Competition Intensity Mapping By Market
- 13.2.2. Competition Dashboard
- 13.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 13.3.1. Cargill, Incorporated
- 13.3.1.1. Overview
- 13.3.1.2. Segments and Source
- 13.3.1.3. Key Financials
- 13.3.1.4. Market Developments
- 13.3.1.5. Market Strategy
- 13.3.2. BASF SE
- 13.3.3. DSM
- 13.3.4. New Hope Group
- 13.3.5. Land O'Lakes, Inc.
- 13.3.6. ADM
- 13.3.7. Alltech
- 13.3.8. Kemin Industries, Inc.
- 13.3.9. Godrej Agrovet Limited
- 13.3.10. Suguna Foods Private Limited
- 13.3.11. CHS Inc.
- 13.3.12. Nutreco
- 13.3.13. Charoen Pokphand Foods PCL
- 13.3.14. Japfa Ltd.
- 13.3.15. Feed One Co., Ltd
- 13.3.16. Guangdong Haid Group Co., Ltd.
- 13.3.17. Corbion N.V.
- 13.3.18. Ajinomoto Co., Inc.
- 13.3.19. Innovafeed
- 13.3.20. Protix
- 13.3.21. Others
- 13.3.1. Cargill, Incorporated
14. Appendix
- 14.1. Research Methodology
- 14.2. Research Assumptions
- 14.3. Acronyms and Abbreviations
