Report Code : CVMI2412256 | Published Date : March 3, 2025
The global animal feed market is experiencing transformative growth. Its valuation reached 483 billion in 2024 and is projected to expand to 632 billion by 2031, representing a steady 3.9% CAGR.
This sustained growth trajectory reflects several critical industry developments:
- Population-driven demand: The rising global protein consumption necessitates a 68% increase in animal feed production by 2031, compared to levels in 2020 (FAO).
- Technological Modernization: Since 2021, nearly 42% of feed mills have adopted advanced precision nutrition systems.
- Regulatory evolution: New EU regulations regarding antibiotic-free feed additives are reshaping formulation strategies.
The market shows remarkable resilience despite fluctuating raw material costs, with corn and soybean meal prices stabilizing after the volatility seen in 2022. The Asia-Pacific region dominates consumption patterns, accounting for 38% of global demand, while North America leads in innovative production technology.
2. Segmentation Analysis and Regional Dynamics
By Product Type:
- Compound feed maintains a dominant market share of 58% (USD 280 billion).
- Feed additives exhibit the strongest growth at a 5.2% CAGR, driven by:
- Acidifiers (XX% annual demand increase)
- Probiotics (XX% adoption growth in poultry sector)
- Enzymes (XX% cost-reduction efficiency)
Regional Consumption Patterns:
- Asia-Pacific (USD 183 billion)
- China's 8% annual growth in swine feed
- India's dairy feed expansion (6.5% CAGR)
- North America (USD XX billion)
- US aquaculture feed innovations
- Mexico's 7% poultry feed growth
- Europe (USD XX billion)
- Sustainable feed mandates impact formulations
- 15% increase in organic feed production
3. Technological Innovations Reshaping the Industry
The feed industry is undergoing a digital transformation with several breakthrough developments:
- Precision Nutrition Systems
- IoT-enabled feeders achieving 12% better feed conversion ratios
- DSM's Sustell™ platform reducing environmental impact by 18%
- Alternative Protein Sources
- Insect meal production capacity grew 300% since 2020
- Algae-based proteins reaching cost parity by 2026
- Blockchain Traceability
- 28% of major producers adopted feed-to-fork tracking
- Cargill's BeefTrace program covering 6 million cattle
4. Competitive Landscape and Strategic Developments
The market features intense competition among established players and innovative entrants:
Market Leaders:
- Cargill (18% market share)
- USD 430 million investment in Asian feed mills
- NextGenProtein™ initiative
- ADM (12% share)
- Probiotic yeast development
- South American expansion
- New Hope Group (9% share)
- Vertical integration strategy
- Smart feed factory network
Emerging Disruptors:
- InnovaFeed (insect protein specialist)
- Calysta (single-cell protein innovator)
- Biomar (sustainable aquaculture focus)
Recent strategic movements include:
- DSM-Firmenich merger creating feed additive powerhouse
- BASF's USD 280 million enzyme production expansion
- Chr. Hansen's microbiome solutions gaining 14% market penetration
5. Critical Challenges and Growth Opportunities
Market Constraints:
- Raw material volatility: Corn prices fluctuated 23% in 2023
- Regulatory complexity: 14 new feed additive regulations introduced in 2024
- Sustainability pressures: Feed production accounts for 45% of agriculture's carbon footprint
Growth Levers:
- Alternative Ingredients
- Expected to capture 15% market share by 2027
- Precision Feeding
- Potential to reduce waste by USD 12 billion annually
- Emerging Markets
- Africa's feed demand growing at 6.8% CAGR
6. Why This Report is Essential for Stakeholders
ClearView Market Insights' 320-page analysis provides unparalleled depth, featuring:
- Exclusive data from 1,200 feed mills around the globe
- Regulatory roadmap encompassing 42 countries
- Investment analysis of 75 innovative startups.
- Twelve-year forecasts with three scenario models
Report Value Proposition:
- Identify USD 28 billion in untapped market opportunities
- Benchmark against emerging sustainability standards
- Anticipate raw material price shifts
- Navigate complex trade regulations
Reasons To Buy

Scope

Key Players
- Animal Feed Market – Cargill Incorporated
- ADM Animal Nutrition
- Alltech Inc.
- Nutreco N.V.
- Charoen Pokphand Foods PCL
- Land O’Lakes Inc.
- ForFarmers N.V.
- De Heus Animal Nutrition
- New Hope Group
- Purina Animal Nutrition LLC.
Global Animal Feed Market Report
- 1. Global Animal Feed Market Research Report
- 1.1 Study Objectives
- 1.2 Global Animal Feed Market - Overview
- 1.3 Reason to Read This Report
- 1.4 Methodology and Forecast Analysis
- 2.1 Global Animal Feed Market Research Report – Detailed Scope and Definitions
- 2.1.1 By Type
- 2.1.2 By Animal Type
- 2.1.3 By Form
- 2.1.4 By Additives
- 2.1.5 By Region
- 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
- 3.2. Restraints – By Type, By Animal Type, By Form, By Additives, By Country
- 3.3. Opportunities – By Type, By Animal Type, By Form, By Additives, By Country
- 3.4. Trends – By Type, By Animal Type, By Form, By Additives, By Country
- 3.5. PEST Analysis
- 3.6. Porters Five Rule Analysis
- 3.7. Company’s Share Analysis (CSA) by Region or By Country
- 3.8. Global Animal Feed Market Research Report – DROTs Impact Analysis
- 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
- 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
- 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.1 Compound Feed
- 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.2 Nutritional Supplements
- 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.3 Forage
- 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.4 Fodder
- 5.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.1 Poultry
- 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.2 Cattle
- 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.3 Swine
- 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.4 Aquatic
- 6.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.5 Others
- 6.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.1 Mash
- 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.2 Pellets
- 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.3 Crumbles
- 7.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.1 Vitamins
- 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.2 Amino Acids
- 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.3 Antibiotics
- 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.4 Enzymes.
- 8.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.1 North America
- 9.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.2 Europe
- 9.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.3 Asia-Pacific
- 9.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.4 Latin America
- 9.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.5 Middle East & Africa
- 9.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.6 Global Animal Feed Market - Opportunity Analysis Index, By Type, By Animal Type, By Form, By Additives, and Region, 2024 - 2031
- 10.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 10.1.1 Compound Feed
- 10.1.2 Nutritional Supplements
- 10.1.3 Forage
- 10.1.4 Fodder
- 10.2.1 Poultry
- 10.2.2 Cattle
- 10.2.3 Swine
- 10.2.4 Aquatic
- 10.2.5 Others
- 10.3.1 Mash
- 10.3.2 Pellets
- 10.3.3 Crumbles
- 10.4.1 Vitamins
- 10.4.2 Amino Acids
- 10.4.3 Antibiotics
- 10.4.4 Enzymes.
- 10.5.1 United States
- 10.5.2 Canada
10.7 Regional Trends Analysis
10.8 North America Global Animal Feed Market Research Report - Company Profiles- 10.8.1 Company 1 (United States)
- 10.8.2 Company 2 (Canada)
- 10.8.3 Company 3 (Canada)
- 11.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 11.1.1 Compound Feed
- 11.1.2 Nutritional Supplements
- 11.1.3 Forage
- 11.1.4 Fodder
- 11.2.1 Poultry
- 11.2.2 Cattle
- 11.2.3 Swine
- 11.2.4 Aquatic
- 11.2.5 Others
- 11.3.1 Mash
- 11.3.2 Pellets
- 11.3.3 Crumbles
- 11.4.1 Vitamins
- 11.4.2 Amino Acids
- 11.4.3 Antibiotics
- 11.4.4 Enzymes.
- 11.5.1 Germany
- 11.5.2 United Kingdom
- 11.5.3 France
- 11.5.4 Spain
- 11.5.5 Italy
- 11.5.6 Russia
- 11.5.7 Netherlands
- 11.5.8 Poland
- 11.5.9 Rest of Europe
11.7 Regional Trends Analysis
11.8 Europe Global Animal Feed Market Research Report - Company Profiles- 11.8.1 Company 1 (Germany)
- 11.8.2 Company 2 (United Kingdom)
- 11.8.3 Company 3 (United Kingdom)
- 12.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 12.1.1 Compound Feed
- 12.1.2 Nutritional Supplements
- 12.1.3 Forage
- 12.1.4 Fodder
- 12.2.1 Poultry
- 12.2.2 Cattle
- 12.2.3 Swine
- 12.2.4 Aquatic
- 12.2.5 Others
- 12.3.1 Mash
- 12.3.2 Pellets
- 12.3.3 Crumbles
- 12.4.1 Vitamins
- 12.4.2 Amino Acids
- 12.4.3 Antibiotics
- 12.4.4 Enzymes.
- 12.5.1 China
- 12.5.2 Japan
- 12.5.3 India
- 12.5.4 South Korea
- 12.5.5 Australia & NZ
- 12.5.6 ASEAN
- 12.5.7 Rest of Asia-Pacific
12.7 Regional Trends Analysis
12.8 Asia-Pacific Global Animal Feed Market Research Report - Company Profiles- 12.8.1 Company 1 (China)
- 12.8.2 Company 2 (Japan)
- 12.8.3 Company 3 (Japan)
- 13.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 13.1.1 Compound Feed
- 13.1.2 Nutritional Supplements
- 13.1.3 Forage
- 13.1.4 Fodder
- 13.2.1 Poultry
- 13.2.2 Cattle
- 13.2.3 Swine
- 13.2.4 Aquatic
- 13.2.5 Others
- 13.3.1 Mash
- 13.3.2 Pellets
- 13.3.3 Crumbles
- 13.4.1 Vitamins
- 13.4.2 Amino Acids
- 13.4.3 Antibiotics
- 13.4.4 Enzymes.
- 13.5.1 Brazil
- 13.5.2 Mexico
- 13.5.3 Argentina
- 13.5.4 Peru
- 13.5.5 Colombia
- 13.5.6 Rest of Latin America
13.7 Regional Trends Analysis
13.8 Latin America Global Animal Feed Market Research Report - Company Profiles- 13.8.1 Company 1 (Brazil)
- 13.8.2 Company 2 (Mexico)
- 13.8.3 Company 3 (Mexico)
- 14.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 14.1.1 Compound Feed
- 14.1.2 Nutritional Supplements
- 14.1.3 Forage
- 14.1.4 Fodder
- 14.2.1 Poultry
- 14.2.2 Cattle
- 14.2.3 Swine
- 14.2.4 Aquatic
- 14.2.5 Others
- 14.3.1 Mash
- 14.3.2 Pellets
- 14.3.3 Crumbles
- 14.4.1 Vitamins
- 14.4.2 Amino Acids
- 14.4.3 Antibiotics
- 14.4.4 Enzymes.
- 14.5.1 Saudi Arabia
- 14.5.2 UAE
- 14.5.3 South Africa
- 14.5.4 Egypt
- 14.5.5 Israel
- 14.5.6 Rest of Middle East and Africa
14.7 Regional Trends Analysis
14.8 Middle East & Africa Global Animal Feed Market Research Report - Company Profiles- 14.8.1 Company 1 (Saudi Arabia)
- 14.8.2 Company 2 (UAE)
- 14.8.3 Company 3 (UAE)
- 15.1 Strategic Dashboard of Top Market Players
15.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)- 15.2.1 Animal Feed Market – Cargill Incorporated
- 15.2.2 ADM Animal Nutrition
- 15.2.3 Alltech Inc.
- 15.2.4 Nutreco N.V.
- 15.2.5 Charoen Pokphand Foods PCL
- 15.2.6 Land O’Lakes Inc.
- 15.2.7 ForFarmers N.V.
- 15.2.8 De Heus Animal Nutrition
- 15.2.9 New Hope Group
- 15.2.10 Purina Animal Nutrition LLC.
17. Principal Presumptions and Acronyms