Australia Animal Feed Market Report and Forecast 2025-2034

Australia Animal Feed Market Report and Forecast 2025-2034

Market Outlook

According to the report by Expert Market Research (EMR), the Australia animal feed market size is projected to grow at a CAGR of 3.50% between 2025 and 2034. Aided by the increasing demand for high-quality livestock products and the growing awareness of animal nutrition, the market is expected to grow significantly by 2034.

Animal feed is an essential component of the livestock industry, providing necessary nutrients to animals to support their growth, reproduction, and overall health. It consists of a variety of ingredients, including grains, proteins, vitamins, and minerals, that are formulated to meet the dietary needs of different livestock species, such as poultry, cattle, swine, and aquaculture.

The rising demand for livestock products, including meat, dairy, and eggs, is a major factor driving the Australia animal feed market expansion. As consumers become increasingly health-conscious, the preference for high-quality and nutritious animal-derived products has surged, leading to increased investments in the livestock sector. Farmers and feed manufacturers are adopting nutritionally balanced and fortified feed to enhance animal productivity and quality, which is further propelling the market growth.

The increasing awareness regarding the importance of animal nutrition and health is another key driver supporting the Australia animal feed market growth. With the prevalence of diseases in livestock and the growing emphasis on disease prevention, farmers are shifting towards scientifically formulated feeds enriched with essential nutrients and additives to enhance immunity and overall animal well-being. The inclusion of probiotics, prebiotics, amino acids, and enzymes in animal feed formulations is gaining traction, significantly boosting the market.

As per the Australia animal feed market analysis, the growing trend of sustainable and organic livestock farming is positively influencing the demand for natural and organic feed solutions. With increasing consumer preference for organic meat and dairy products, livestock farmers are transitioning towards chemical-free and antibiotic-free feed options. The expansion of organic feed production is expected to drive steady growth in the Australia animal feed market revenue over the forecast period.

The market is witnessing several emerging trends that are shaping its growth trajectory. One of the key trends is the adoption of precision nutrition techniques in animal feed formulation. With advancements in feed technology, manufacturers are focusing on precision feeding to optimise nutrient utilisation, reduce wastage, and enhance livestock performance. The use of customised feed solutions based on specific livestock needs is gaining prominence, thereby driving the Australia animal feed market development.

Another notable trend is the increasing adoption of alternative protein sources in animal feed. As sustainability concerns grow, feed manufacturers are exploring novel protein ingredients such as insect meal, algae, and single-cell proteins to replace conventional protein sources like soybean and fishmeal. These alternative ingredients offer high nutritional value and contribute to environmental sustainability, making them a preferred choice in the industry. This is one of the key Australia animal feed market trends.

Additionally, the rise of digital technologies in animal feed production and livestock management is revolutionising the market. Smart feeding systems, automated feed monitoring, and data-driven decision-making tools are being increasingly implemented to improve feed efficiency and livestock productivity. The integration of artificial intelligence and IoT in feed production is expected to drive efficiency and cost-effectiveness in the market. This is favourably shaping the Australia animal feed market dynamics.

The market is well-distributed across various regions, including New South Wales, Victoria, Queensland, Western Australia, and South Australia. Each region has a strong presence in livestock farming, with variations in feed demand based on climatic conditions and livestock density.

New South Wales and Victoria dominate the Australia animal feed market share due to their well-established dairy and poultry farming industries. Queensland, known for its large cattle population, has a strong demand for high-protein feed formulations. Western Australia and South Australia are also witnessing steady growth, driven by the expansion of aquaculture and sheep farming activities.

The Australia animal feed market value is poised for significant growth, driven by the increasing demand for high-quality livestock products, advancements in feed formulations, and the adoption of sustainable farming practices. With ongoing innovations in animal nutrition and the integration of digital technologies in feed production, the market is expected to witness steady expansion over the forecast period. Strategic investments in research, sustainable sourcing, and product diversification will play a pivotal role in shaping the future of the industry.

Market Segmentation

The market can be divided based on type, livestock, and raw material.

Market Breakup by Type

• Fodder and Forage
• Compound Feed

Market Breakup by Livestock

• Pork
• Aquatic Animal
• Cattle
• Poultry
• Others

Market Breakup by Raw Material

• Soy
• Corn
• Others

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Australia animal feed market. Some of the major players explored in the report by Expert Market Research are as follows:

• Alltech Inc
• Nutreco N.V.
• Archer-Daniels-Midland Company
• Ridley Corporation Limited
• Reid Stockfeeds
• Milne AgriGroup
• Aus Organic Feeds Pty Ltd
• Harwood Grains Pty Ltd
• Hyfeed Holdings Pty Ltd
• Castlereagh Feeds
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.