Market Research Food & Beverage Market Research Agriculture Market Research Animal & Livestock Feed Market Research

Asia Pacific Animal Feed Market, By Product (Fodder, Forage); By Livestock (Pork, Aquatic Animals, Cattle, Poultry); By Country (China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Malaysia, Singapore, Vietnam, Rest of APAC), Trend Analy

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from $3,599 300 Pages BlueWeave Consulting January, 2024 BLWC18529244
Best Price Guarantee
Price from $3,599
Length 300 Pages
Publisher BlueWeave Consulting
Published Date January, 2024
SKU BLWC18529244

Asia Pacific Animal Feed Market Size Expands at Significant CAGR of 7.31% to Touch USD 99.5 Billion by 2030

Asia Pacific Animal Feed Market is propelled by rising demand for meat and dairy products from growing population, increasing awareness about animal nutrition, advancements in feed technology, and expanding livestock industry.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Asia Pacific Animal Feed Market size at USD 60,772.03 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the Asia Pacific Animal Feed Market size to grow at a CAGR of 7.31% reaching a value of USD 99,556.75 million by 2030. The Asia Pacific Animal Feed Market is driven by increasing demand for meat products from growing population and rapid urbanization. Growing awareness of animal nutrition, coupled with a focus on livestock health and productivity, fuels the demand for quality feed. Economic development and a shift toward higher protein diets further contribute to market growth.

Opportunity – Specialty feed surge fuels unprecedented growth

In the dynamic landscape of the Asia Pacific Animal Feed Market, the escalating demand for specialty feeds emerges as a major growth driver. The surge, driven by evolving consumer preferences and a heightened focus on animal nutrition, propels the market to unprecedented heights. Stakeholders are capitalizing on this trend, fostering innovations in specialized feed formulations to meet the unique dietary needs of diverse livestock, ultimately contributing to the robust expansion of the regional animal feed industry.

Impact of Escalating Geopolitical Tensions on Asia Pacific Animal Feed Market

Escalating geopolitical tensions in the Asia Pacific, exacerbated by the Russia-Ukraine war, have significantly impacted the Animal Feed Market. Political uncertainties and trade disruptions have disrupted the supply chain, leading to increased prices and reduced availability of key feed ingredients. The conflict's spillover effect has heightened market volatility, causing concerns among stakeholders. Import-dependent nations face challenges in securing stable supplies, affecting livestock farmers and food production. Additionally, fluctuating currency values and regulatory uncertainties further compound the market's challenges.

Asia Pacific Animal Feed Market

Segmental Coverage

Asia Pacific Animal Feed Market – By Product

Based on product, Asia Pacific Animal Feed Market is divided into Fodder and Forage segments. The fodder segment accounts for a higher market share, indicating a substantial focus on processed feed products for livestock. This underscores the region's emphasis on nutritionally balanced and formulated feeds to enhance animal health and productivity. The fodder segment's prominence signifies the pivotal role it plays in meeting the diverse dietary needs of livestock across the Asia Pacific region, reflecting the evolving trends and demands within the animal feed industry in this expansive market.

Asia Pacific Animal Feed Market – By Livestock

Based on livestock, Asia Pacific Animal Feed Market is divided into Pork, Aquatic Animals, Cattle, and Poultry segments. The poultry segment is the largest in the Asia Pacific Animal Feed Market. The poultry feed segment commands a significant share, driven by the region's growing demand for poultry products. Population growth, urbanization, and changing dietary preferences contribute to the prominence of the poultry segment. The segment benefits from the rising consumption of poultry meat and eggs across the Asia Pacific region, making it a pivotal component of the animal feed market. The poultry segment's dominance underscores its economic importance and the strategic focus of the industry in catering to evolving consumer preferences.

Competitive Landscape

Asia Pacific Animal Feed Market is fiercely competitive. Major companies in the market include Charoen Pokphand Foods PCL, Cargill Incorporated, ADM Animal Nutrition, Alltech Inc., Novus International, DSM Nutritional Products AG, Evonik Industries AG, BASF SE, Lallemand Inc., and Zinpro Corp. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in the Asia Pacific Animal Feed Market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Asia Pacific Animal Feed Market. It also highlights the factors driving forecasts of total Market size. The report promises to provide recent technology trends in Asia Pacific Animal Feed Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.


1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. Asia Pacific Animal Feed Market Insights
3.1. Technology Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Growing population and increasing disposable income
3.2.1.2. Industrialization of livestock production
3.2.1.3. Expansion of the aquaculture sector
3.2.2. Restraints
3.2.2.1. Volatility in raw material prices
3.2.2.2. Disease outbreaks such as avian influenza and African swine fever
3.2.3. Opportunities
3.2.3.1. Rising demand for specialty feeds
3.2.3.2. High export potential
3.2.4. Challenges
3.2.4.1. Maintaining feed safety and quality
3.2.4.2. Competition from imports
3.3. Technological Advancements/Recent Developments
3.4. Consumer Behaviour and Insights
3.5. Regulatory Framework
3.6. Porter’s Five Forces Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Intensity of Rivalry
4. Asia Pacific Animal Feed Market Overview
4.1. Market Size & Forecast by Value, 2019–2030
4.1.1. By Value (USD Million)
4.2. Market Share & Forecast
4.2.1. By Product
4.2.1.1. Fodder
4.2.1.2. Forage
4.2.1.3. Others
4.2.2. By Livestock
4.2.2.1. Pork
4.2.2.2. Aquatic Animals
4.2.2.3. Cattle
4.2.2.4. Poultry
4.2.2.5. Others
4.2.3. By Country
4.2.3.1. China
4.2.3.2. India
4.2.3.3. Japan
4.2.3.4. South Korea
4.2.3.5. Australia & New Zealand
4.2.3.6. Indonesia
4.2.3.7. Malaysia
4.2.3.8. Singapore
4.2.3.9. Vietnam
4.2.3.10. Rest of APAC
5. China Animal Feed Market Overview
5.1. Market Size & Forecast by Value, 2019–2030
5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
5.2.1. By Product
5.2.2. By Livestock
6. India Animal Feed Market Overview
6.1. Market Size & Forecast by Value, 2019–2030
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Product
6.2.2. By Livestock
7. Japan Animal Feed Market Overview
7.1. Market Size & Forecast by Value, 2019–2030
7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
7.2.1. By Product
7.2.2. By Livestock
8. South Korea Animal Feed Market Overview
8.1. Market Size & Forecast by Value, 2019–2030
8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
8.2.1. By Product
8.2.2. By Livestock
9. Australia & New Zealand Animal Feed Market Overview
9.1. Market Size & Forecast by Value, 2019–2030
9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
9.2.1. By Product
9.2.2. By Livestock
10. Indonesia Animal Feed Market Overview
10.1. Market Size & Forecast by Value, 2019–2030
10.1.1. By Value (USD Million)
10.2. Market Share & Forecast
10.2.1. By Product
10.2.2. By Distribution Channel
11. Malaysia Animal Feed Market Overview
11.1. Market Size & Forecast by Value, 2019–2030
11.1.1. By Value (USD Million)
11.2. Market Share & Forecast
11.2.1. By Product
11.2.2. By Livestock
12. Singapore Animal Feed Market Overview
12.1. Market Size & Forecast by Value, 2019–2030
12.1.1. By Value (USD Million)
12.2. Market Share & Forecast
12.2.1. By Product
12.2.2. By Livestock
13. Vietnam Animal Feed Market Overview
13.1. Market Size & Forecast by Value, 2019–2030
13.1.1. By Value (USD Million)
13.2. Market Share & Forecast
13.2.1. By Product
13.2.2. By Livestock
14. Rest of APAC Animal Feed Market Overview
14.1. Market Size & Forecast by Value, 2019–2030
14.1.1. By Value (USD Million)
14.2. Market Share & Forecast
14.2.1. By Product
14.2.2. By Livestock
15. Competitive Landscape
15.1. List of Key Players and Their Offerings
15.2. Asia Pacific Animal Feed Company Market Share Analysis, 2023
15.3. Competitive Benchmarking, By Operating Parameters
15.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
16. Impact of Geopolitical Tension on Asia Pacific Animal Feed Market
17. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
17.1. Charoen Pokphand Foods PCL
17.2. Cargill Incorporated
17.3. ADM Animal Nutrition
17.4. Alltech Inc.
17.5. Novus International
17.6. DSM Nutritional Products AG
17.7. Evonik Industries AG
17.8. BASF SE
17.9. Lallemand Inc.
17.10. Zinpro Corp.
17.11. Other Prominent Players
18. Key Strategic Recommendations
19. Research Methodology
19.1. Qualitative Research
19.1.1. Primary & Secondary Research
19.2. Quantitative Research
19.3. Market Breakdown & Data Triangulation
19.3.1. Secondary Research
19.3.2. Primary Research
19.4. Breakdown of Primary Research Respondents, By Country
19.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
Figure 1 Asia Pacific Animal Feed Market Segmentation
Figure 2 Asia Pacific Animal Feed Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 Asia Pacific Animal Feed Market Size, By Product, By Value, 2019−2030
Figure 5 Asia Pacific Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Figure 6 Asia Pacific Animal Feed Market Size, By Country, By Value, 2019−2030
Figure 7 China Animal Feed Market Size, By Product, By Value, 2019−2030
Figure 8 China Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Figure 9 India Animal Feed Market Size, By Product, By Value, 2019−2030
Figure 10 India Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Figure 11 Japan Animal Feed Market Size, By Product, By Value, 2019−2030
Figure 12 Japan Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Figure 13 South Korea Animal Feed Market Size, By Product, By Value, 2019−2030
Figure 14 South Korea Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Figure 15 Australia & New Zealand Animal Feed Market Size, By Product, By Value, 2019−2030
Figure 16 Australia & New Zealand Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Figure 17 Indonesia Animal Feed Market Size, By Product, By Value, 2019−2030
Figure 18 Indonesia Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Figure 19 Malaysia Animal Feed Market Size, By Product, By Value, 2019−2030
Figure 20 Malaysia Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Figure 21 Singapore Animal Feed Market Size, By Product, By Value, 2019−2030
Figure 22 Singapore Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Figure 23 Philippines Animal Feed Market Size, By Product, By Value, 2019−2030
Figure 24 Philippines Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Figure 25 Vietnam Animal Feed Market Size, By Product, By Value, 2019−2030
Figure 26 Vietnam Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Figure 27 Rest of APAC Animal Feed Market Size, By Product, By Value, 2019−2030
Figure 28 Rest of APAC Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
List of Tables
Table 1 Asia Pacific Animal Feed Market Size, By Product, By Value, 2019−2030
Table 2 Asia Pacific Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Table 3 Asia Pacific Animal Feed Market Size, By Country, By Value, 2019−2030
Table 4 China Animal Feed Market Size, By Product, By Value, 2019−2030
Table 5 China Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Table 6 India Animal Feed Market Size, By Product, By Value, 2019−2030
Table 7 India Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Table 8 Japan Animal Feed Market Size, By Product, By Value, 2019−2030
Table 9 Japan Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Table 10 South Korea Animal Feed Market Size, By Product, By Value, 2019−2030
Table 11 South Korea Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Table 12 Australia & New Zealand Animal Feed Market Size, By Product, By Value, 2019−2030
Table 13 Australia & New Zealand Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Table 14 Indonesia Animal Feed Market Size, By Product, By Value, 2019−2030
Table 15 Indonesia Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Table 16 Malaysia Animal Feed Market Size, By Product, By Value, 2019−2030
Table 17 Malaysia Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Table 18 Singapore Animal Feed Market Size, By Product, By Value, 2019−2030
Table 19 Singapore Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Table 20 Philippines Animal Feed Market Size, By Product, By Value, 2019−2030
Table 21 Philippines Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Table 22 Vietnam Animal Feed Market Size, By Product, By Value, 2019−2030
Table 23 Vietnam Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Table 24 Rest of APAC Animal Feed Market Size, By Product, By Value, 2019−2030
Table 25 Rest of APAC Animal Feed Market Size, By Distribution Channel, By Value, 2019−2030
Table 26 Charoen Pokphand Foods PCL Company Overview
Table 27 Charoen Pokphand Foods PCL Financial Overview
Table 28 Cargill Incorporated Company Overview
Table 29 Cargill Incorporated Financial Overview
Table 30 ADM Animal Nutrition Company Overview
Table 31 ADM Animal Nutrition Financial Overview
Table 32 Alltech Inc. Company Overview
Table 33 Alltech Inc. Financial Overview
Table 34 Novus International Company Overview
Table 35 Novus International Financial Overview
Table 36 DSM Nutritional Products AG Company Overview
Table 37 DSM Nutritional Products AG Financial Overview
Table 38 Evonik Industries AG Company Overview
Table 39 Evonik Industries AG Financial Overview
Table 40 BASF SE Company Overview
Table 41 BASF SE Financial Overview
Table 42 Lallemand Inc. Company Overview
Table 43 Lallemand Inc. Financial Overview
Table 44 Zinpro Corp. Company Overview
Table 45 Zinpro Corp. Financial Overview
Table 46 Other Prominent Players Company Overview
Table 47 Other Prominent Players Financial Overview

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