Animal Feed Market By Type (Fodder, Forage, Compound Feed, Others), By Animal Type (Livestock, Aquatic Animals, Companion Animals), By Form (Pellets, Crumbles, Mash, Others), By Ingredients (Cereal Grains, Oilseeds, Additives, Others), By Application (Growth Promoters, Performance Enhancers, Health Maintenance, Reproductive Health, Others), By End-user (Commercial Farms, Household Farms, Animal Feed Manufacturers), Global Market Size, Segmental Analysis, Regional Overview, Company Share Analysis, Leading Company Profiles and Market Forecast, 2025 – 2035

Published Date: Feb 2025 | Report ID: MI1897 | 210 Pages

Industry Outlook

The Animal Feed Market accounted for USD 588.3 Billion in 2024 and is expected to reach USD 985.3 Billion by 2035, growing at a CAGR of around 4.8% between 2025 and 2035. The animal feed market involves the analysis and prediction of future trends together with factors driving expansion alongside challenges and prospective business opportunities for providers of nutritional products that feed livestock along with poultry and aquaculture animals and commercial pets.

The industry insight reveals data about increases in protein quality and livestock production growing simultaneously while new feed additives drive better pet care outcomes. The outlook examines both regulatory changes and sustainability concerns along with global economic factors. Stakeholders use the document as a guide to explore both investment possibilities and operational routes through shifting business conditions.

Report Scope:

ParameterDetails
Largest MarketNorth America
Fastest Growing MarketAsia Pacific
Base Year2024
Market Size in 2024USD 588.3 Billion
CAGR (2025-2035)4.8%
Forecast Years2025-2035
Historical Data2018-2024
Market Size in 2035USD 985.3 Billion
Countries CoveredU.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, Switzerland, Sweden, Finland, Netherlands, Poland, Russia, China, India, Australia, Japan, South Korea, Singapore, Indonesia, Malaysia, Philippines, Brazil, Argentina, GCC Countries, and South Africa
What We CoverMarket growth drivers, restraints, opportunities, Porter’s five forces analysis, PESTLE analysis, value chain analysis, regulatory landscape, pricing analysis by segments and region, company market share analysis, and 10 companies
Segments CoveredType, Animal Type, Form, Ingredients, Application, End-user and Region

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Market Dynamics

Rising global demand for high-quality protein sources, including meat and dairy

The increasing world demand for premium protein-containing products, mainly consisting of meat and dairy, serves as the main fuel for the animal feed market growth. People changing their dietary choices demand protein-filled nutrition that drives livestock production levels upward. Rising consumer demand for animal products is fueled by the combined factors of population growth alongside expanding middle incomes in developing economies. The growing food supply chain needs efficient animal feeds containing nutritional content because it directly contributes to the optimal performance of livestock production systems.

Educational institutions, along with governing bodies, acknowledge that better animal nutritional approaches must be developed to fulfill growing market requirements. The United States Department of Agriculture (USDA) reports proper nutrition for animals supports both meat and dairy quality while meeting population growth requirements through proper production metrics. The USDA demonstrates that recent developments in animal health practices, with advanced feed formulations, lead to better production methods that advance sustainable agriculture methods.

Expanding aquaculture and poultry industries driving feed production innovations

Animal feed production has improved as aquaculture and poultry enterprises have expanded. Global demand for protein-rich fish and poultry continues to rise, necessitating the development of optimal sustainable feed options. The advances aim to increase nutritional benefits while decreasing environmental impact, as well as improving feed transformation performance. Plant proteins, insect-derived feeds, and other alternative components are becoming increasingly popular due to sustainability concerns.

New features stemming from increased regulatory demand to reduce animal farming's carbon footprint drive its advancement. According to the Food and Agriculture Organization (FAO) of the United Nations, the expansion of aquaculture production as a key user of optimized feed is a primary driver of global animal feed market growth. This expansion is further spurred by the growing demand for efficient and cost-effective feed solutions that meet both consumer demands for sustainable food sources and global environmental goals.

Fluctuating raw material prices increase costs and hinder profitability

Increasing production expenses result from fluctuating raw material prices in the animal feed market. Grains, together with soybeans and oilseeds, experience market price fluctuations owing to unfavorable weather, along with political turbulence and production system disruptions. Raw material price unpredictability harms feed manufacturers' ability to maintain stable pricing, which undermines their financial stability.

Higher raw material expenditures limit profitability potential in animal feed production. Feed manufacturers face the challenging choice between absorbing unexpected price rises or raising their prices to consumers, which can create purchase unease. The unpredictable cost variations cause substantial financial impacts to producers at both the manufacturing and supply chain levels, producing product instability throughout the market. This volatility discourages long-term investments in production capacity and innovation, aggravating the issues that feed makers face.

Growing consumer preference for organic and non-GMO animal feed products

The animal feed market finds substantial growth potential in the rising consumer interest in organic and non-GMO animal feed ingredients. Customers are developing better knowledge about organic alongside non-GMO alternatives because they want to understand more about their health and environmental impact. The demand surge originates from individuals who want sustainable food systems that supply both animal and human consumption with enjoyable, safe food products. The products support ongoing trends toward more transparent, clean food production systems that are rapidly spreading worldwide.

Government entities together with educational institutions are backing the advance of organic and non-GMO agricultural methods. Animal feed certification offered by the U.S. Department of Agriculture (USDA) ensures product compliance with strict guidelines using assessments that exclude all genetically modified organisms (GMOs). The endorsement of this product has motivated producers to use these practices, thus expanding both organic and non-GMO animal feed distribution and demand.

Rising emphasis on sustainable and eco-friendly feed production practices worldwide

The world animal feed market is undergoing a major transformation due to expanding interest in making feed production practices sustainable and eco-friendly. The growing awareness of environmental damage and climate change drives manufacturers to reduce their feed-production emissions through sustainable measures. To reduce their reliance on soy and fishmeal production, production industries are now implementing environmentally friendly operations that replace traditional feed elements with protein sources derived from insects and algae. This shift contributes to biodiversity conservation while also fulfilling global aims for decreasing the environmental impact caused by agriculture.

According to the Food and Agriculture Organization (FAO), animal product demand is increasing, and environmental sustainability criteria necessitate a transition toward sustainable feed production practices. The paper shows that building sustainable animal feed systems would have a significant environmental impact by lowering greenhouse gas emissions from agriculture and generating a resilient food supply. The sector's sustainability-focused strategy will drive long-term growth as firms embrace ecologically responsible operational procedures.

Industry Experts Opinion

"Animal feed plays a critical role in the overall health and productivity of livestock. With the increasing demand for more sustainable and nutritious feed, especially in the face of rising global food needs, advancements in feed formulations are helping enhance animal growth, immunity, and reproduction. The future of animal feed will likely see more plant-based and eco-friendly ingredients to promote sustainability."

  • Dr. Alice Thompson, Animal Nutritionist and Expert in Livestock Health.

"With the rising concern about animal welfare and sustainability, the animal feed industry is seeing significant changes. The introduction of functional ingredients, such as probiotics and prebiotics, is enhancing the digestive health of animals, while the trend toward organic and non-GMO feed is addressing consumer preferences for more natural products."

  • Jennifer Clark - CSR - Pacific Animal Hospital

Segment Analysis

Based on the type, the Animal Feed market has been classified into Fodder, Forage, Compound Feed, Others. Compound feed dominates the animal feed market and functions as its largest segment. Multiple ingredients, including grains, protein sources, and vitamins and minerals, go into specific mixes to meet different livestock requirements during this segment. Compound feed controls the largest market share because it performs an important support function for commercial and industrial livestock farming. Global consumption of meat, milk, and eggs is the main growth factor behind compound feed demand. The rising demand in intensive livestock farming boosts the requirement for compound feed for achieving optimal animal performance objectives. Advances in nutritional research together with improvements in feed technology provide additional benefits to this system.

 

Based on the form, the Animal Feed market has been classified into Pellets, Crumbles, Mash, Others. The Pellets segment dominates the animal feed market while remaining its largest segment. People choose pellets because they offer better handling capabilities and enhanced feed efficiency along with convenience in use. Among feed products, pellets offer better feed management because they minimize waste while maintaining a uniform mass. The popularity of pelleted feeds rises due to their performance in promoting digestibility rates and rapid growth in commercial livestock operations focusing on poultry, swine, and aquaculture sectors. The effective delivery of animal nutritional requirements enables pellets to capture the majority of the market. Because of their ability to accommodate various ingredients, pellets remain a popular choice in the animal feed market.

Regional Analysis

The North American animal feed market constitutes an essential component of regional agriculture because the United States maintains extensive production facilities. Animal feeding facilities produce numerous formulated feeds that support the nutritional requirements of livestock populations, which include cattle, poultry, and swine. The market demonstrates increased interest in sustainability through novel measures to enhance efficiency in feed while decreasing environmental impact. Rising interest in pet food production alongside expanding pet adoption rates sustains sector growth at present. The North American animal feed market continues to modify its operations while responding to shifts in market tastes, technical developments, and environmental requirements. This ongoing adaptability positions the market for continued long-term growth as it embraces new challenges and opportunities.

The Asia Pacific animal feed market represents a central segment of worldwide operations due to expanding requirements for meat together with dairy products. The increase in population and disposable income has pushed livestock farming forward, necessitating a continuous feed supply chain for animals. Scientific advancements in animal feed systems, together with attention to nutritional requirements, result in more profitable markets by increasing productive efficiency while safeguarding animal health. This segment has experienced outstanding expansion because of the growing consumer demand for poultry products. The growth of urban cities combined with economic progress resulted in elevated dietary protein needs, which forced demand for animal feed to increase. Innovations in feed technology are expected to further streamline production and meet the evolving needs of this fast-growing market.

Competitive Landscape

Global animal feed market competition is influenced by dominant players Cargill, Purina, and Nutreco, who maintain substantial market shares because they lead both production and industrial innovation. These companies advance their product lines while concentrating on animal health and sustainability measures, including Cargill Feed Solution systems that reduce animal agriculture's environmental effects. Nutreco takes an active step forward toward developing eco-friendly feeds as part of its strategy to help farmers fulfill worldwide food requirements. Through their global operations, these leaders dominate the market, but regional dominant players such as CP Group, alongside New Hope Liuhe Co., Ltd., hold significant impact across Asia.

CP Group and New Hope Liuhe, have strengthened their business operations by expanding markets throughout Southeast Asia and investing in feed production technology, respectively. The animal nutrition industry demonstrates rising innovation combined with efficiency because it needs to produce quality animal feeds that help minimize environmental impact while supporting global nutrition needs.

Animal Feed Market, Company Shares Analysis, 2024

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Recent Developments:

  • In July 2024, Alltech teamed up with Tobermore Concrete, CEMCOR, and Road Safety Contracts to build a 10-megawatt biomethane facility in Northern Ireland, supported by Queen's University Belfast. They used fermentation expertise to enhance biogas production and renewable energy from farm waste.
  • In June 2024, Alltech launched Levelset, a new gut health solution for pigs at the World Pork Expo. Produced by Ridley Feed Ingredients, it improved resistance to diarrhea and enteric health while reducing antibiotic use and boosting productivity.
  • In December 2023, Cargill and BASF expanded their alliance to bring innovative enzyme solutions to the U.S. animal feed market, improving feed efficiency and sustainability for protein producers and supporting animal welfare.

Report Coverage:

By Type

  • Fodder
  • Forage
  • Compound Feed
  • Others

By Animal Type

  • Livestock
  • Aquatic Animals
  • Companion Animals

By Form

  • Pellets
  • Crumbles
  • Mash
  • Others

By Ingredients

  • Cereal Grains
  • Oilseeds
  • Additives
  • Others

By Application

  • Growth Promoters
  • Performance Enhancers
  • Health Maintenance
  • Reproductive Health
  • Others

By End-user

  • Commercial Farms
  • Household Farms
  • Animal Feed Manufacturers

 

By Region

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Singapore
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC Countries
  • South Africa
  • Rest of the Middle East & Africa

List of Companies:

  • CP Group
  • New Hope Liuhe Co., Ltd.
  • Cargill
  • Purina
  • Wens Food Group
  • Muyuan Foodstuff
  • BRF SA
  • ForFarmers N.V.
  • Tyson Foods
  • Nutreco
  • Suguna Foods Private Limited
  • Japfa Comfeeds India Pvt. Ltd.
  • Venkateshwara Hatcheries Pvt. Ltd.
  • Anmol Feeds Pvt. Ltd.
  • Godrej Agrovet Limited

Frequently Asked Questions (FAQs)

The Animal Feed Market accounted for USD 588.3 Billion in 2024 and is expected to reach USD 985.3 Billion by 2035, growing at a CAGR of around 4.8% between 2025 and 2035.

Key growth opportunities in the Animal Feed Market include Growing consumer preference for organic and non-GMO animal feed products, Rising emphasis on sustainable and eco-friendly feed production practices worldwide, and Technological advancements enabling precision nutrition and customized feed formulations.

Type is dominant in Animal Feed market due to Compound Feed. This is a dominant player in the market due to its ability to provide a balanced and complete nutrition profile for livestock. These feeds are carefully formulated to meet the specific dietary needs of animals like cattle, poultry, and swine, ensuring optimal growth and health. With advancements in feed technology, compound feeds have become more efficient, improving animal productivity while reducing waste.

The North American animal feed industry constitutes an essential component of regional agriculture because the United States maintains extensive production facilities. Animal feeding facilities produce numerous formulated feeds that support nutritional requirements of livestock populations, including cattle, poultry, and swine. This industry plays a critical role in ensuring the health and productivity of these animals, directly impacting food supply chains.

Global animal feed market competition is influenced by dominant players Cargill, Purina, and Nutreco who maintain substantial market shares because they lead both production and industrial innovation. These companies advance their product lines while concentrating on animal health and sustainability measures including Cargill Feed Solution systems that reduce animal agriculture environmental effects. Their investments in research and development help them introduce more efficient and eco-friendly feed options.

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