Reports
Reports
Sale
The China animal feed market reached a volume of around 308.24 MMT in 2023, in terms of production. The market is projected to grow at a CAGR of 3.4% between 2024 and 2032, to reach 416.47 MMT by 2032.
China is a top feed-producing country. China’s feed demand is witnessing a rise with the continued swine restocking and growing livestock sector. In 2023, China had 11 production plants with an annual feed output of more than 500,000 tons, with the maximum output of a single plant being 1.31 million tons. The increase in commercial feed tonnage is driven by the recovery and transformation of China’s pig sector, and swine farms contracting with professional feed mills. The growing living standards of the Chinese population and the rising demand for high-protein foods are supporting the China animal feed market growth.
According to the US Department of Agriculture, China’s corn production estimate for 2023-24 increased 4.2% to 288.8 million tonnes, with a higher planted area and heavier rainfall. Supportive government policies are leading to an increase in soy planted area, further contributing to the market expansion. It is estimated that China will harvest 296 million tonnes of corn in 2024-25, representing a 2.4% increase over the previous marketing year.
In 2023, 13 provinces produced over 10 million tons of feed nationally, the same as 2022. The provinces include Shandong, Guangxi, Guangdong, Liaoning, Sichuan, Henan, Jiangsu, Hubei, Hunan, Hebei, Anhui, Fujian, and Jiangxi. Of the provinces, Shandong Province remained the leading region with 47.163 million tons.
China Animal Feed Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Livestock
Market Breakup by Raw Material
Based on livestock, the market is divided into pork, aquatic animals, cattle, poultry, and others. There is a growing demand for poultry in China, supported by increasing incomes, increasing health concerns, rising demand for premium foods, and stringent quality measures. Furthermore, the increasing consumption of pork-based foods in the country supports the demand for feed to ensure consistent quality of the final product.
The market participants are expanding their production capacities, and are improving their processes to produce feeds more affordably, efficiently, and sustainably.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Type |
|
Breakup by Livestock |
|
Breakup by Raw Material |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Animal Feed Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Animal Feed Historical Market (2018-2023)
8.3 Asia Pacific Animal Feed Market Forecast (2024-2032)
9 China Animal Feed Market Overview
9.1 Key Industry Highlights
9.2 China Animal Feed Historical Market (2018-2023)
9.3 China Animal Feed Market Forecast (2024-2032)
10 China Animal Feed Market by Type
10.1 Fodder and Forage
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Compound Feed
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 China Animal Feed Market by Livestock
11.1 Pork
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Aquatic Animal
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Cattle
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Poultry
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 China Animal Feed Market by Raw Material
12.1 Soy
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Corn
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators of Demand
13.4 Key Indicators of Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Alltech Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Nutreco N.V.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Archer-Daniels-Midland Company
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 New Hope Liuhe Co., Ltd.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Cargill, Incorporated
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Charoen Pokphand Foods PCL
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Wellhope Foods Co., Ltd.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 BioMar Group
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Animal Feed Market: Key Industry Highlights (USD Billion), 2018 and 2032
2. Asia Pacific Animal Feed Market: Key Industry Highlights (MMT), 2018 and 2032
3. China Animal Feed Market: Key Industry Highlights (USD Billion), 2018 and 2032
4. China Animal Feed Market: Key Industry Highlights (MMT), 2018 and 2032
5. China Animal Feed Historical Market: Breakup by Type (USD Billion), 2018-2023
6. China Animal Feed Market Forecast: Breakup by Type (USD Billion), 2024-2032
7. China Animal Feed Historical Market: Breakup by Type (MMT), 2018-2023
8. China Animal Feed Market Forecast: Breakup by Type (MMT), 2024-2032
9. China Animal Feed Historical Market: Breakup by Livestock (USD Billion), 2018-2023
10. China Animal Feed Market Forecast: Breakup by Livestock (USD Billion), 2024-2032
11. China Animal Feed Historical Market: Breakup by Livestock (MMT), 2018-2023
12. China Animal Feed Market Forecast: Breakup by Livestock (MMT), 2024-2032
13. China Animal Feed Historical Market: Breakup by Raw Material (USD Billion), 2018-2023
14. China Animal Feed Market Forecast: Breakup by Raw Material (USD Billion), 2024-2032
15. China Animal Feed Historical Market: Breakup by Raw Material (MMT), 2018-2023
16. China Animal Feed Market Forecast: Breakup by Raw Material (MMT), 2024-2032
17. China Animal Feed Market Structure
China animal feed production reached nearly 308.24 MMT in 2023.
The Chinese market is estimated to grow at a CAGR of 3.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a production volume of around 416.47 MMT by 2032.
The key raw materials include soy, and corn, among others.
The major classifications based on type include fodder and forage, and compound feed.
The major livestock types include pork, aquatic animals, cattle, poultry, and others.
As of 2023, China had the presence of 1,050 feed production plants.
The major players in the market are Alltech Inc, Nutreco N.V., Archer-Daniels-Midland Company, New Hope Liuhe Co., Ltd, Cargill, Incorporated, Charoen Pokphand Foods PCL, Wellhope Foods Co., Ltd, and BioMar Group, among others.
Datasheet
Single User License
Five User License
Corporate License
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.