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Malaysia Animal Feed Market Size, Share, Trends, Growth: By Type: Fodder and Forage, Compound Feed; By Livestock: Pork, Aquatic Animal, Cattle, Poultry, Others; By Raw Material: Soy, Corn, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators of Price; Competitive Landscape; 2024-2032
Malaysia Animal Feed Market Size
The Malaysia animal feed market reached a volume of approximately 7.04 million tons in 2023. The market is projected to grow at a CAGR of 2.30% between 2024 and 2032, reaching a volume of around 8.6 million tons by 2032.
Malaysia Animal Feed Outlook
- As per the industry reports, in 2022, Malaysia ranked 19th globally in soybean meal imports for USD 645 million, making it the 80th most imported product.
- As of 2023, MIDA has approved 139 animal feed projects accounting for RM 3.8 billion in investments across the country.
- As per a report by USDA in 2023, Malaysia relies on Argentina, Brazil, and India for 90% of its corn imports.
Malaysia Animal Feed Market Growth
The animal feed market is being significantly driven due to increasing meat consumption, changing dietary habits, growing focus on gut health and animal immunity, and advancements in sustainable feed technology. Additionally, the adoption of precision farming and the Internet of Things (IoT) by key players has propelled market expansion in the region.
Moreover, artificial intelligence (AI) and automation have been integrated with cattle farming for personalized feed formulation, increased milk production, and improved animal health to satisfy the rising demand for livestock products, reduce labour costs, and achieve 50% self-sufficiency as per the vision 2050 laid down by the government.
Also, there is a rising demand for sustainable options in the feed market. According to the Malaysia Investment Development Authority (MIDA), sorghum and corn cultivation is being practiced in dedicated arable land to produce feed for ruminant livestock such as cattle, sheep, goats, and buffalos among others. Sorghum is a new animal feed alternative in Malaysia as it offers several benefits such as nutritional increase, high pest resistance, and is a prominent source of protein and energy. Furthermore, it’s a cost-effective option for farmers due to its wide adaptability to different types of soil and short growing seasons as compared to others.
Malaysia Animal Feed Industry Segmentation
“Malaysia Animal Feed Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
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
Malaysia Animal Feed Market Share
Based on livestock, the market is primarily divided into pork, aquatic animals, cattle, and poultry, among others. According to the Federation of Livestock Farmers’ Associations of Malaysia, poultry is the most advanced segment in the livestock sector with chicken and eggs being a staple part of the Malaysian diet. The per capita consumption of chicken accounts for 50 kg. On the other hand, per capita egg consumption is 280 yearly. The industry also receives a government subsidy of RM 3.8 billion.
Leading Companies in Malaysia Animal Feed Market
Market players are continuously developing technologies and sustainable strategies to boost animal feed production.
- Alltech Inc.
- Nutreco N.V.
- Purnima Feeds
- Cargill, Incorporated
- Charoen Pokphand Foods PCL
- FFM Berhad Group
- Bio Metro Fusion Sdn Bhd
- Leong Hup International Berhad
- Others
Key Highlights of the Report
| 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:
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| Breakup by Type |
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| Breakup by Livestock |
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| Breakup by Raw Material |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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 Malaysia Animal Feed Market Overview
9.1 Key Industry Highlights
9.2 Malaysia Animal Feed Historical Market (2018-2023)
9.3 Malaysia Animal Feed Market Forecast (2024-2032)
10 Malaysia 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 Malaysia 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 Malaysia 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 Purnima Feeds
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 Cargill, Incorporated
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 Charoen Pokphand Foods PCL
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 FFM Berhad Group
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 Bio Metro Fusion Sdn Bhd
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 Leong Hup International Berhad
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 (Million Tons), 2018 and 2032
2. Asia Pacific Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
3. Malaysia Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
4. Malaysia Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
5. Malaysia Animal Feed Historical Market: Breakup by Type (Million Tons), 2018-2023
6. Malaysia Animal Feed Market Forecast: Breakup by Type (Million Tons), 2024-2032
7. Malaysia Animal Feed Historical Market: Breakup by Type (Million Tons), 2018-2023
8. Malaysia Animal Feed Market Forecast: Breakup by Type (Million Tons), 2024-2032
9. Malaysia Animal Feed Historical Market: Breakup by Livestock (Million Tons), 2018-2023
10. Malaysia Animal Feed Market Forecast: Breakup by Livestock (Million Tons), 2024-2032
11. Malaysia Animal Feed Historical Market: Breakup by Livestock (Million Tons), 2018-2023
12. Malaysia Animal Feed Market Forecast: Breakup by Livestock (Million Tons), 2024-2032
13. Malaysia Animal Feed Historical Market: Breakup by Raw Material (Million Tons), 2018-2023
14. Malaysia Animal Feed Market Forecast: Breakup by Raw Material (Million Tons), 2024-2032
15. Malaysia Animal Feed Historical Market: Breakup by Raw Material (Million Tons), 2018-2023
16. Malaysia Animal Feed Market Forecast: Breakup by Raw Material (Million Tons), 2024-2032
17. Malaysia Animal Feed Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of 7.04 million tons.
The Malaysia animal feed market is estimated to grow at a CAGR of 2.30% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of 8.6 million tons by 2032.
The major factors propelling the market are increasing meat consumption, technological advancements in production, rapidly growing population, and expansion of the livestock industry.
The key trends in the market include the integration of precision farming and artificial intelligence, the emergence of feed alternatives, and increasing demand for sustainable options.
Based on type, market segmentations include fodder and forage, and compound feed.
The major players in the market are Alltech Inc., Nutreco N.V., Purnima Feeds, Cargill, Incorporated, Charoen Pokphand Foods PCL, FFM Berhad Group, Bio Metro Fusion Sdn Bhd, Leong Hup International Berhad, among others.
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