China 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 Source (Organic, Conventional), By Production Systems (Integrated, Commercial Mills), By Form (Liquid, Dry), And By Raw Material (Cereals & Grains, Wheat, Maize, Barley, Oilseeds, Soybean, Rapeseed, Pulses, Others)- Forecasts From 2021 To 2026

  • Published : Mar 2021
  • Report Code : KSI061610154
  • Pages : 114

China animal feed market is projected to witness a compound annual growth rate of 4.52% to reach US$102.862 billion by 2026, from US$75.493 billion in 2019. Concerning livestock farming, hog and sow inventory are both starting at low levels, having fallen 27 % and 30 % respectively from 2019’s starting inventory. Due to robust restocking efforts in 2020 and fewer losses to African swine fever, the decline in herd inventory is estimated to reverse, and year-end 2020 inventories are forecast to grow by 9 %. Total hogs slaughtered and pork production in 2020 is both estimated to decrease further by 24 % and 20 %, respectively, from the previous year. High prices will incentivize many Chinese consumers to opt for other substitute sources of proteins. Even though traditional Chinese dishes cannot substitute beef for pork, thinly sliced beef that is well renowned for hotpot will likely witness high growth in 2020. In 2019, China’s Ministry of Agriculture and Rural Affairs (MARA) implemented a three-year mission plan for stabilizing swine production and supply. One of the key principles of this plan is to set specific production targets on a per-province level. Specific targets of slaughtered hogs to be shipped out in 2020 were set for top wine-producing provinces including Henan, Jiangxi, Hunan, and Shandong while the hog production targets are also set for hog intake provinces/municipalities. Large companies are encouraged to assist small to medium swine farms resume operation. By the end of 2019, MARA had implemented a program called “Large Agricultural Enterprises Lead 10,000 Households on Swine Farming to Alleviate Poverty” in 16 less developed cities in provinces including Hubei and Sichuan. With an investment of RMB50 billion ($7.1 billion) by 15 large agricultural enterprises, the program is expected to add 22 million slaughtered hogs per year [Source: USDA]. Therefore, with no signs of a decrease in consumption patterns and proactive government initiatives animal feed market of China is poised for a meteoric rise to satiate the incremental consumption pattern of the Chinese consumers.

The initiatives taken by MARA as per the three- year plan were to support the construction of large-scale pig farms, to provide a secure land for pig farming, to assist small and medium-sized farmers through linking, franchising, or leasing with large pig production enterprises, to promote environmental impact assessment, to strengthen the prevention and control of major animal diseases such as ASF by establishing and improving animal disease risk management systems among others. The local governments were also instructed to provide financial incentives for pig farms to get production up to a standard which further helped in the recovery from ASF. In 2020, China made robust restocking efforts due to which the decline in heard inventory reduced. China also came up with solutions to prevent an ASF outbreak in the future by devising biosecurity changes, testing, and vaccine development for the pigs. They adopted strategies such as Pulling the tooth, to control the spread of ASF. All these measures taken by the China Government resulted in the bouncing back of China’s economy and strengthening the animal feed market for the country.

China Animal Feed Market Scope:

Report Metric Details
 Market size value in 2019  US$75.493 billion
 Market size value in 2026  US$102.862 billion
 Growth Rate  CAGR of 4.52% from 2019 to 2026
 Base year  2019
 Forecast period  2021–2026
 Forecast Unit (Value)  USD Billion
 Segments covered  Type, Livestock, Source, Production Systems, Form, And   Raw Material
 Companies covered Cargill, New Hope Group, Archer Daniels Midland, Alltech, BASF, Haid Group, Muyuan   Foods, Tongwei Group, C.P. Pokphand Co. Ltd.
 Customization scope  Free report customization with purchase


  • By Type
    • Fodder
    • Forage
    • Compound Feed
  • By Livestock
    • Swine
    • Aquatic Animals
    • Cattle
    • Poultry
    • Others
  • By Source
    • Organic
    • Conventional
  • By Production Systems
    • Integrated
    • Commercial mills
  • By Form
    • Liquid
    • Dry
  • By Raw Material
    • Cereals & grains
    • Wheat
    • Maize
    • Barley
    • Oilseeds
    • Soybean
    • Rapeseed
    • Pulses
    • Others

1. Introduction
1.1. Market Overview
1.2. Market Definition    
1.3. Scope of The Study    
1.4. Currency    
1.5. Assumptions    
1.6. Base, And Forecast Years Timeline    
2. Research Methodology    
2.1. Research Design    
2.2. Secondary Sources    
2.3. Validation    
3. Key Findings    
4. Market Dynamics    
4.1. Segmentation    
4.2. Drivers    
4.2.1. Increasing Inclination Towards Meat And Animal Protein Products    
4.2.2. Shift Towards Commercial Production And Increased Exports    
4.3. Restraints    
4.3.1. Strict Government Regulations    
4.3.2. High Costs Associated With The Production    
4.4. Porter’s Five Forces Analysis
4.4.1. Bargaining Power Of Suppliers    
4.4.2. Bargaining Power Of Buyers    
4.4.3. Threat Of New Entrants
4.4.4. Threat Of Substitutes    
4.4.5. Competitive Rivalry In The Industry    
4.5. Industry Value Chain Analysis    
5. China Animal Feed Market, By Type    
5.1. Introduction    
5.2. Fodder    
5.3. Forage    
5.4. Compound Feed    
6. China Animal Feed Market By Livestock    
6.1. Introduction    
6.2. Aquatic Animals    
6.3. Cattle    
6.4. Poultry    
6.5. Swine And Others    
7. China Animal Feed Market By Form    
7.1. Introduction    
7.2. Liquid    
7.3. Dry    
8. China Animal Feed Market By Production Systems    
8.1. Introduction    
8.2. Integrated    
8.3. Commercial Mills    
9. China Animal Feed Market By Source    
9.1. Introduction    
9.2. Organic    
9.3. Conventional    
10. China Animal Feed Market By Raw Material    
10.1. Introduction    
10.2. Wheat    
10.3. Corn    
10.4. Barley    
11. Competitive Environment And Analysis    
11.1. Major Players And Strategy Analysis 
11.2. Emerging Players And Market Lucrativeness    
11.3. Mergers, Acquisitions, Agreements, And Collaborations    
11.4. Vendor Competitiveness Matrix    
12. Company Profiles    
12.1. Cargill    
12.1.1. Overview    
12.1.2. Products And Services    
12.1.3. Key Developments    
12.2. New Hope Group    
12.2.1. Overview    
12.2.2. Products And Services    
12.3. Archer Daniels Midland    
12.3.1. Overview    
12.3.2. Products And Services    
12.3.3. Financials    
12.3.3. Key Developments    
12.4. Alltech    
12.4.1. Overview    
12.4.2. Products And Services    
12.5. BASF    
11.5.1. Overview    
12.5.2. Products And Services    
12.5.3. Financials    
12.5.4. Key Developments    
12.6. Haid Group    
12.6.1. Overview    
12.6.2. Products And Services    
12.6.3. Key Developments    
12.7. Muyuan Foods    
12.7.1. Overview    
12.7.2. Products And Services    
12.7.3. Financials    
12.7.4. Key Developments    
12.8. Tongwei Group    
12.8.1. Overview    
12.8.2. Products And Services    
12.8.3. Key Developments    
12.9. C.P. Pokphand Co. Ltd.    
12.9.1. Overview    
12.1.2. Products And Services    
12.5.3. Financials    
12.1.4. Key Developments    
List Of Tables    
List Of Figures    

New Hope Group    
Archer Daniels Midland    
Haid Group    
Muyuan Foods    
Tongwei Group    
C.P. Pokphand Co. Ltd.