Compound Feed Market in Vietnam 2022-2026

Compound Feed Market in Vietnam 2022-2026

Technavio has been monitoring the compound feed market in Vietnam and it is poised to grow by 10080.00 thousand units during 2022-2026, decelerating at a CAGR of 4.78% during the forecast period. Our report on the compound feed market in Vietnam provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The market is driven by the demand for meat and meat-based products and increasing livestock share. In addition, demand for meat and meat-based products is anticipated to boost the growth of the market as well.

The compound feed market in Vietnam analysis includes production type and product type segments.

Technavio's compound feed market in Vietnam is segmented as below:

By Production Type

• Domestic production
• Imports

By Product Type

• Poultry feed
• Cattle and buffaloes
• Others

This study identifies the increasing disposable income of the consumersas one of the prime reasons driving the compound feed market growth in Vietnam during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on compound feed market in Vietnam covers the following areas:

• Compound feed market sizing
• Compound feed market forecast
• Compound feed market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading compound feed market vendors in Vietnam that include Alltech Inc., Archer Daniels Midland Co., C.P. Pokphand Co. Ltd., Cargill Inc., De Heus Voeders BV, Emivest Feedmill Vietnam Co. Ltd., GreenFeed Vietnam Crop., Lai Thieu Feed Mill Co. Ltd., Mavin Group, and New Hope Group Co. Ltd. Also, the compound feed market in Vietnam analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Companies Mentioned

Alltech Inc., Archer Daniels Midland Co., C.P. Pokphand Co. Ltd., Cargill Inc., De Heus Voeders BV, Emivest Feedmill Vietnam Co. Ltd., GreenFeed Vietnam Crop., Lai Thieu Feed Mill Co. Ltd., Mavin Group, New Hope Group Co. Ltd.