Animal Feed Market Report, Size, Share, Opportunities, and Trends Segmented By Type, Livestock, Raw Material, and Geography - Forecasts from 2025 to 2030

Description

Animal Feed Market Size:

The animal feed market is expected to grow at a CAGR of 3.18%, reaching a market size of USD 559.557 billion in 2030 from USD 478.881 billion in 2025.

Animal feed refers to the nutrition given to domesticated animals, particularly livestock in agriculture. It is mainly divided into two groups: fodder and forage. Fodder includes processed feeds like hay, pellets, and concentrates that are designed for animal consumption. Forage includes edible plant parts such as grasses, legumes, and browse, which animals can graze directly or be harvested for feed use.

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The market includes many feed varieties, such as cereals, oilseeds, molasses, and by-products that only contain vitamins, amino acids, and minerals that are required for animal development and production. Innovations in feed formulation technology, increased feed efficiency of diet formulations, and precision farming developments have reduced animal feed costs for producers and farmers. In addition to producers and farmers, the increased awareness of environmentally sustainable and eco-friendly feed production is shaping the market, as is the government funding toward agricultural development, including environmental regulations. Trends also include the acceptance of alternative protein feed inputs, including insect meal, algae, and plant-based formulations, since producers are reducing their reliance on soybean and fish meal inputs.

Key players working in the market include Alltech, Cargill Incorporated, Nutreco N.V., Charoen Pokphand Foods PCL, and BRF S.A..

Animal Feed Market Trends

• Transition to Specialty and Functional Feeds

The industry is quickly moving towards value-added functional feeds that emphasize more than basic nutrition. Additives such as probiotics, prebiotics, enzymes, essential oils, and organic acids are being integrated into formulations to improve gut health, immunity, and growth performance of livestock. The industry shift can be primarily attributed to the removal of antibiotic growth promoters (AGPs) in many areas of the world due to regulators' and consumers' preferences for antibiotic-free animal products. There continues to be strong demand for specialty feeds targeting certain needs. For example, starter feeds for calves, omega-3-enriched layer feeds, and dairy cow rations aimed to increase milk production. Many commercial farms place a high value on productivity and efficiencies, making functional feeds very appealing.

Animal Feed Market Dynamics

Market Drivers

• Increasing Meat Consumption
  Rising global meat consumption has strengthened demand for healthy livestock, directly fueling animal feed market growth. The industry is expected to expand further due to this trend. According to OECD-FAO Agricultural Outlook 2021–2030, global per capita meat production is projected to grow by 0.3% annually to reach 35.4 kg by 2030. The global meat trade has also seen a notable increase. According to the U.S. Meat Export Federation (USMEF), beef exports to South Korea in April 2025 totaled 23,469 mt, 18 percent higher year-on-year. Similarly, Colombia recorded a 128 percent increase, exporting 447 mt in the same period.

Global meat production is projected to reach 59.96 million metric tons (MMT) in 2023/24 and grow further to 61.66 MMT in 2024/25, a 3 percent year-on-year increase, as per USDA data. The U.S. is the leading producer at 12.3 MMT in MY 2024, followed by Brazil at 11.8 MMT. This trend, together with rising beef and veal demand, is expected to support growth in high-protein and amino acid-rich feed products.

Animal product exports also add to the demand for feed. India, for example, exports milk, meat, and eggs worldwide. In 2022, India’s animal product exports totaled USD 4.062 billion, with buffalo meat leading at USD 3.194 billion, followed by sheep/goat meat at USD 0.066 billion.

Market Restraints

• Price Volatility for Raw Materials
  One of the major constraints in the animal feed industry is the fluctuating cost of key raw materials (corn, wheat, soybean meal, and fishmeal) that represent a substantial portion of the production costs of feed. The cost of these and other ingredients will change due to potential supply chain disruptions from a changing climate, climate-related droughts, climate-related flooding, or political unrest or trade embargos on exporting countries. If there are weak harvests in countries that produce the above commodities or if the biofuels industry moves into direct competition with grain and soybean industries, causing low supply and reduced-price competition, then those commodities will incur price shocks for the supplier of feed and, in turn, the farmer. Such volatility impacts the planning of budgets for both feed manufacturers and farmers. Economic volatility erodes margins and increases operational risk.

Market Opportunities

• Research & Development and Government Initiatives
  Increasing R&D activities and supportive government initiatives are contributing to the animal feed market expansion. Governments are investing in sustainable feed solutions, encouraging alternative sources to reduce environmental impact while promoting animal welfare. Subsidies also support domestic production and reduce farmer costs.

For example, under India’s National Livestock Mission Scheme, feed and fodder processing has been opened to startups and private enterprises, offering a 50% capital subsidy up to Rs. 50 lakhs for infrastructure. Meanwhile, EU27 feed output is projected to fall by 0.3% from 2023 to 2024 to 147 million tons, though poultry feed is expected to rise by 1.6%.

Animal Feed Market Segments Analysis

By Raw Material

Based on raw material, the market is classified into soy, corn, rendered meal, and others.

Soy is the prime source of protein for both animals and humans. Surging demand for soy-based meals in the animal feed industry, owing to their high protein content, is driving the segment growth during the forecast period. A soy meal contains 44% crude protein, which is crucial and the most common protein source for pigs, poultry, and dairy cattle globally. 85% of soy cultivation is consumed by the animal feed industry to produce protein-rich feed, according to the International Institute for Sustainable Development.

As per the data published by the USDA report of April 2024, the MY 2024/25 oil meal domestic consumption in India was projected to be 18.7 MMT. This is owing to the demand in the animal feed industry and increasing health awareness regarding the consumption of protein. The estimate contains 7 MMT of soymeal, 5 MMT of rapeseed meal, 1 MMT of peanut meal, 4 MMT of cottonseed, and nearly 1 MMT of copra and sunflower meal, which include major uses in animal feed in India. The consumption is projected at 16 MMT, which is approximately two percent more than the current MY, concerning soybean meal equivalent (SME).

Moreover, the US Soybean Export Council (USSEC), in collaboration with Right to Protein, announced the debut of Nepal's first feed label - 'Soy Fed' - for animal protein product makers in July 2022 as part of a two-day program. The feed label, according to USSEC, will raise awareness about protein-rich supplies and emphasize their importance in quality protein intake for animals. Besides that, there have been various product launches and innovations worldwide, further fueling the market. For instance, UFAC-UK introduced a groundbreaking new partial soybean meal alternative for dairy diets that increases yields, solids, and feed conversion efficiency (FCE) while decreasing dependency on imported soya by at least one-third in December 2023.

Further, Benson Hill, Inc., an agricultural technology firm that unlocks plants' innate genetic variety, stated that recent improvements in its soybean breeding program will double its seed inventory by 2025. The most recent field assessments of Benson Hill's third generation of Ultra High Protein Low Oligosaccharides, non-GMO soybean varieties, revealed 2% protein improvements over the previous generation and a yield differential of only 3 to 5 bushels per acre when compared to commercial GMO soybeans. Besides that, there have been various product launches and innovations worldwide, further fueling the animal feed market. For instance, in April 2024, Continental Refining Company in Somerset, Kentucky, announced several key improvements to its operations, including a new strategic alliance, reaffirming its commitment to increasing and improving its soy product range and distribution channels. The facility's operations will be capable of processing 430 tonnes of soybeans daily into 335 tonnes of high-protein soybean meal, 68 tonnes of soybean oil, and 21 tonnes of loose hulls, all of which are essential elements for livestock and poultry feed.

By Livestock

Based on livestock, the market is classified into pork, aquatic animals, cattle, poultry, and others.

Based on livestock, the animal feed market is segmented into pork, aquatic animals, cattle, poultry, and others. Among these, the cattle segment is growing rapidly. The industrialization of cattle products, along with the expanding population, has had a positive impact on the cattle market globally. Besides, increasing consumer awareness about the safety and quality of dairy products, along with nutritional content, is driving the market growth. Demand for milk and meat products has been growing significantly around the world, resulting in a greater need for cattle feed. Furthermore, owing to increasing demand for meat consumption, cattle feed has witnessed a complementary growth, with feed containing vitamins, enzymes, amino acids, and antibiotics being used to boost the yield capacity of cattle.

Moreover, regarding derived products, rising dairy consumption is expected to drive market growth robustly. India has a huge consumer base for dairy products. According to the National Dairy Development Board, the demand in India for dairy products is projected to reach 266.5 million metric tons by 2030. As of December 1, 2023, the United Kingdom had 9.2 million cattle and calves, as stated by the Government of the United Kingdom. Additionally, the female beef and dairy breeding herds for the same year were 13,34,691 and 18,39,277, respectively. Thus, with the growing demand for meat and animal-derived products in various regions, the animal feed market around the globe is anticipated to grow significantly.

Product launches in the cattle feed industry stimulate innovation and competitiveness by offering new formulas that cater to changing nutritional needs and production requirements. For instance, in January 2024, the Canadian government approved Bovaer®, a methane-reducing feed component for cattle that allows dairy and meat farmers to significantly reduce their carbon footprint.

Further, in June 2025, Evonik announced the plan to advance the global production setup for its MetAMINIO, which is utilized in livestock production to provide animals with efficient, sustainable, and healthy feed. The company focuses on completing the setup in the 3rd and 4th quarters of 2025 with technical measures, including inclusion in its Singapore and Antwerp sites, with an increased focus on energy efficiency, catalyst exchange, and sustainability. These developments and expansion drive market growth by broadening product portfolios, providing farmers with more alternatives for optimizing herd health and performance, and increasing competition, encouraging firms to distinguish their solutions based on quality, cost, and sustainability qualities.

Animal Feed Market Regional Analysis

By region, the market is segmented into North America, South America, the Middle East and Africa, and Asia-Pacific.

• North America
  The North American animal feed market is projected to maintain a leading share throughout the forecast period. Rising incidences of animal diseases and increasing awareness of animal nutrition are key factors driving market demand across the region. The United States dominates the North American animal feed market, backed by strong trade ties under the North American Free Trade Agreement (NAFTA) with Canada and Mexico. These agreements have facilitated the export of feed and feed ingredients, supporting the growth of the U.S. feed manufacturing sector alongside the expanding livestock industry.

According to the American Feed Industry Association, the U.S. is home to over 5,800 animal food production facilities, producing more than 284 million tonnes of finished feed annually. Major ingredients used in U.S. feed manufacturing include corn (145 million tonnes), soybean meal (35 million tonnes), wheat products (8 million tonnes), and distillers' dried grains (DDGs) (32 million tonnes), among other essential components.

The United States animal feed market is anticipated to grow with several innovative product launches and developments in the upcoming years. For instance, in 2023, International Flavor and Fragrance Inc. launched Axtra PRIME, a highly effective feed. The product delivers numerous benefits, such as improvement in nutrient digestion, in addition to maintenance of gut health. It aims to tackle all challenges faced in piglet production.

• Europe
  In Europe, stringent regulations on feed safety and sustainability, particularly in the EU, are pushing advancements in organic and non-GMO feed solutions, with Germany and France leading production.
• Asia-Pacific
  The Asia-Pacific market is also pivotal in the global animal feed landscape. In the Asia-Pacific, countries like China and India drive demand due to expanding livestock populations and rising meat consumption. Innovations in sustainable feed, such as plant-based additives, are gaining traction.
• South America
  South America is a developing growth area driven by Brazil and Argentina, which are each among the largest producers of poultry and beef worldwide. With access to abundant raw materials (such as soybean meal), the region has a competitive feed production advantage. Additionally, the increase in export-oriented livestock farming continues to drive demand for feed, particularly in the commercial poultry and swine sectors.
• The Middle East and Africa
  The Middle East and Africa (MEA) are classified as a developing but growing market because of increased levels of meat consumption, urbanization, and the evolution of infrastructure for agriculture. Countries such as South Africa, Saudi Arabia, and Egypt, among others, are starting to see increased investment in feed production to support a growing need for poultry and dairy farming. Furthermore, barriers such as high prices of feed, lack of raw materials, and disease have affected growth rates.

Animal Feed Market Competitive Landscape

The animal feed market is driven by the actions of important stakeholders in this space, like Alltech, who focus on sustainable feed additives that are also innovative; Cargill Incorporated, which is a leader in terms of global share and vertical integration, as it controls a vast range of segments in feed and food. Nutreco N.V. provides advanced nutritional solutions that span aquaculture through livestock; Charoen Pokphand Foods PCL, which is the largest in Asia, with vertically integrated operations that range from feed to food; and BRF S.A., which manages one of Brazil's largest chicken and pork operations and can create much of their feed in-house. These organizations will facilitate the growth of this market through their existing business strategies.

List of Key Company Profiles

• Alltech
• Cargill Incorporated
• Nutreco N.V.
• Charoen Pokphand Foods PCL
• BRF S.A.
• Purina Animal Nutrition LLC
• New Hope Group
• ADM Animal Nutrition
• Kent Nutrition Group
• Uno Feeds
• De Heus Animal Nutrition
• Havens
• Deutsche Tiernahrung Cremer

Animal Feed Market Key Developments

• Product Launch: In June 2025, Enifer announced plans to deploy its PEKIL fermentation technology in Latin America in partnership with FS, which is Brazil's major ethanol manufacturer. It is to produce a combined 500 tonnes of PEKILO Pet and PEKILO Aqua mycoproteins for pet food and feed per year.
• Collaboration: In June 2025, Cargill announced a partnership with Biotech, which offers an advanced facility for its feed production in South Cotabato, intending to strengthen its presence in Mindanao. The strategic partnership focuses on offering reliable, quicker, and high-quality standard feed products in the country.
• Product Launch: In March 2025, Kemin Industries announced the launch of feed pathogen control solutions, such as ROSIDIUM, at VIV Asia, which is helpful for producers in the development of safe animal feed.
• Product Launch: In March 2025, Cargill announced the showcasing of its latest Micronutrition and Health Solutions portfolio for livestock at VIV Asia 2025. The product portfolio includes Biostrong feed, which is developed to enhance the digestive health and poultry growth, improving the efficiency of the Feed Conversion Ratio.

Animal Feed Market Scope:

The Animal Feed Market is segmented and analyzed as follows:

• By Type
  • Fodder & Forage
  • Compound Feed
• By Livestock
  • Pork
  • Aquatic animal
  • Cattle
  • Poultry
  • Others
• By Raw Materials
  • Soy
  • Corn
  • Rendered Meal
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Vietnam
    • Philippines
    • Malaysia
    • Others

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Table Of Contents

1. EXECUTIVE SUMMARY

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations

3.7. Strategic Recommendations

4. TECHNOLOGICAL OUTLOOK

5. ANIMAL FEED MARKET BY TYPE

5.1. Introduction

5.2. Fodder & Forage

5.3. Compound Feed

6. ANIMAL FEED MARKET BY LIVESTOCK

6.1. Introduction

6.2. Pork

6.3. Aquatic animal

6.4. Cattle

6.5. Poultry

6.6. Others

7. ANIMAL FEED MARKET BY RAW MATERIALS

7.1. Introduction

7.2. Soy

7.3. Corn

7.4. Rendered Meal

7.5. Others

8. ANIMAL FEED MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Type

8.2.2. By Livestock

8.2.3. By Raw Materials

8.2.4. By Country

8.2.4.1. United States

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. South America

8.3.1. By Type

8.3.2. By Livestock

8.3.3. By Raw Materials

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina

8.3.4.3. Others

8.4. Europe

8.4.1. By Type

8.4.2. By Livestock

8.4.3. By Raw Materials

8.4.4. By Country

8.4.4.1. United Kingdom

8.4.4.2. Germany

8.4.4.3. France

8.4.4.4. Italy

8.4.4.5. Others

8.5. Middle East & Africa

8.5.1. By Type

8.5.2. By Livestock

8.5.3. By Raw Materials

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.2. UAE

8.5.4.3. Others

8.6. Asia Pacific

8.6.1. By Type

8.6.2. By Livestock

8.6.3. By Raw Materials

8.6.4. By Country

8.6.4.1. Japan

8.6.4.2. China

8.6.4.3. India

8.6.4.4. South Korea

8.6.4.5. Taiwan

8.6.4.6. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Alltech

10.2. Cargill Incorporated

10.3. Nutreco N.V.

10.4. Charoen Pokphand Foods PCL

10.5. BRF S.A.

10.6. Purina Animal Nutrition LLC

10.7. New Hope Group

10.8. ADM Animal Nutrition

10.9. Kent Nutrition Group

10.10. Uno Feeds

10.11. De Heus Animal Nutrition

10.12. Havens

10.13. Deutsche Tiernahrung Cremer

11. RESEARCH METHODOLOGY

Companies Profiled

Alltech

Cargill Incorporated

Nutreco N.V.

Charoen Pokphand Foods PCL

BRF S.A.

Purina Animal Nutrition LLC

New Hope Group

ADM Animal Nutrition

Kent Nutrition Group 

Uno Feeds

De Heus Animal Nutrition

Havens

Deutsche Tiernahrung Cremer

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