Australia Animal Feed Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Fodder, Forage, Compound Feed), By Livestock (Swine, Aquatic Animals, Cattle, Poultry, Others), By Production Systems (Integrated, Commercial Mills), By Form (Liquid, Dry), And By Raw Materials (Soya, Corn, Rendered Meal, Others) - Forecasts From 2022 To 2027

Published:  Oct 2022 Report Code: KSI061610152 Pages: 120

The Australian animal feed market is expected to grow at a compound annual growth rate of 2.84% over the forecast period to reach a market size of US$5.536 billion in 2027, up from US$4.549 billion in 2020.

In 2019, Australian Beef production reached 2.432 million tons, and beef production levels continued to increase throughout the year (Source: USDA). However, Australian beef production is expected to drop by a significant rate in 2020 since the industry is expected to enter a period of stock rebuilding. Beef production is expected to continue to be high in early 2020 due to record feedlot numbers at the end of 2019.  Furthermore, the subsequent lack of feed has resulted in high cattle turnoff and destocking, as a result, the slaughter rate increased in 2019. In addition, the lack of pasture and high foreign demand for grain-fed beef increased the number of cows in feedlots in 2019. Moreover, the increased slaughter rate aided higher beef exports to China – with export levels in July reaching a four-year high. According to the recent report by the USDA, as a result of expectations for continued strong retail beef prices due to an increase of 6 % in 2019, compared to 12% for lamb and 4% for chicken, it is expected that beef consumption in Australia will continue to decline slightly in 2020. This is after a long-term trend of falling beef and lamb consumption in Australia and rising consumption of chicken.

The multi-year drought had a significant impact on the livestock industry, as a lack of pasture increased grain feeding both on-farm and at feedlots.

At the end of 2019 Cattle at feedlots reached a record level as per the USDA report. However, the early rains in 2020 confined farmers in pasture growth, and the livestock industry began a period of herd rebuilding. This herd rebuilding is causing a fall in the number of animals at feedlots and less need for on-farm feeding of grain led to a probable lower level of wheat for feeding both in 2019/20 and 2020/21. The total barley feed is expected to be slightly higher than the previous year as strong wheat prices have caused the feed industry to switch to more barley use. Further, due to the combination of a larger sorghum crop, and sorghum growing areas being near key livestock production areas and feedlots, sorghum feed use is expected to rise. Nevertheless, due to the comparatively low demand for feed consumption the demand for the export of feed raw materials [Source: USDA].  Thus, from the aforesaid facts and estimations, it is discerned that, despite a dip in domestic feed consumption, the Australian feed market will be poised for healthy growth during the forecast period.

Product Offerings

  • ADM Animal nutrition is a leading livestock feed ingredients producer, it ensures consistency, and quality of the product by controlling every step from grain selection to processing, packaging, delivery, etc. The company offers 98.5% feed grade L-Threonine which is a highly purified form of supplemental L-threonine. It enables an animal’s diet to formulate closer to its requirements of amino acids.
  • Altech Lienert Australia offers a range of animal feed products for different categories of livestock such as Poultry, Cattle, Swine, and others. The company offers LA Carotenoid Home mix which is a general In-Feed product under the Poultry category. It is an egg yolk premix for poultry which helps to achieve yolk colors 13 to 14 on the color fan, mentions the company.

COVID-19 Impact on Australia Animal Feed Market

The COVID-19 outbreak had impacted the Australian animal feed market significantly. During the pandemic, overall demand for meat products was reduced in Australia, which hindered the growth of the Australian feed market growth. For instance, as per the USDA Livestock and Poultry: World markets and Trade report published in July 2022, the total domestic consumption of beef and veal witnessed a decreasing trajectory. The Australian domestic consumption reduced from 708 thousand metric tons in 2019 to 669 and then 621 thousand metric tons in 2020 and 2021 respectively. Consequently, the livestock industry had affected the animal feed market in Australia owing to the reduced demand from the breeders.

Australia Animal Feed Market Scope:


Report Metric Details
 Market Size Value in 2020  US$4.549 billion
 Market Size Value in 2027  US$5.536 billion
 Growth Rate  CAGR of 2.84% from 2020 to 2027
 Base Year  2020
 Forecast Period  2022–2027
 Forecast Unit (Value)  USD Billion
 Segments Covered  Type, Livestock, Production Systems, Form, And Raw Materials
 Companies Covered Archer Daniels Midland Company, Cargill, Incorporated, Alltech, Kemin Industries, Inc., DSM, Elanco Australasia, Charoen Pokphand Foods Public Company Limited
 Customization Scope  Free report customization with purchase



  • By Type
    • Fodder
    • Forage
    • Compound Feed
  • By Livestock
    • Swine
    • Aquatic Animals
    • Cattle
    • Poultry
    • Others
  • By Production Systems
    • Integrated
    • Commercial mills
  • By Form
    • Liquid
    • Dry
  • By Raw Material
    • Soya
    • Corn
    • Rendered Meal
    • Others

1. Introduction

1.1. Market Introduction

1.2. COVID-19 Scenario 

1.3. Market Definition

1.4. Market Segmentation


2. Research Methodology

2.1. Research Data

2.2. Assumptions


3. Executive Summary

3.1. Research Highlights


4. Market Dynamics

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis


5. Australia Animal Feed Market, By Type 

5.1. Introduction

5.2. Fodder

5.3. Forage

5.4. Compound Feed


6. Australia Animal Feed Market, By Livestock 

6.1. Introduction

6.2. Aquatic Animals

6.3. Cattle

6.4. Poultry

6.5. Others


7. Australia Animal Feed Market, By Form 

7.1. Introduction

7.2. Liquid

7.3. Dry


8. Australia Animal Feed Market, By Production Systems 

8.1. Introduction

8.2. Integrated

8.3. Commercial Mills


9. Australia Animal Feed Market, By Raw Materials 

9.1. Introduction

9.2. Soya

9.3. Corn

9.4. Rendered Meal

9.5. Others


10. Competitive Environment and Analysis

10.1. Major Players and Strategy Analysis

10.2. Emerging Players and Market Lucrativeness

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Vendor Competitiveness Matrix


11. Company Profiles

11.1. Archer Daniels Midland Company

11.2. Cargill, Incorporated

11.3. Alltech

11.4. Kemin Industries, Inc.

11.5. DSM

11.6. Elanco Australasia

11.7.  Charoen Pokphand Foods Public Company Limited

Archer Daniels Midland Company

Cargill, Incorporated


Kemin Industries, Inc.


Elanco Australasia

Charoen Pokphand Foods Public Company Limited


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