The Nigeria animal feed market reached approximately 15.18 Million Tons in 2024. The market is projected to grow at a CAGR of 1.80% between 2025 and 2034, reaching a volume of around 18.14 Million Tons by 2034.
Base Year
Historical Year
Forecast Year
As per the Ministry of Agriculture and Rural Development, the southwestern part of Nigeria accounts for around 75 per cent of total feed mills in the country.
In 2021, the Nigerian government announced that it aims to reach annual production of over 50 million metric tonnes of animal feed.
As per industry reports, the livestock sector contributes around 5 per cent to the total GDP of the country, creating a flourishing landscape for animal feed demand.
Value in Million Tons
2025-2034
Nigeria Animal Feed Market Outlook
*this image is indicative*
The rapid urbanisation, growing demand for meat and dairy-based products, and increased incorporation of sustainable practices in feed production are some of the influential drivers for the growth of Nigeria animal feed market. Nigerian feed providers are increasingly recognising the importance of sustainable practices in the feed sector and incorporating alternative proteins such as insect meal which have a lower footprint compared to traditional feed raw materials.
Moreover, according to the Nigeria animal feed industry analysis, there is also a notable rise in the production and usage of customised feeds that are specifically formulated to meet the unique nutritional needs of different animal species and stages of development, such as starter, grower, and finisher feeds for poultry to ensure the proper growth of the livestock. Furthermore, the usage of digital tools is on the rise within the feed manufacturing sector as it aids in monitoring feed consumption, tracking animal well-being, and improving overall farm operations.
The growing consumption of aquafeed, adoption of GM animal feed, increased production of corn, and supportive government initiatives are accelerating Nigeria animal feed market value.
Nigeria is witnessing a growing consumption of aquafeed due to increased practices of aquaculture and fish farming in the country. Key players are eyeing this as an opportunity for market growth, readily investing in high-quality aquafeed production using scientific productive methods. Besides, the government is also encouraging aquafeed production in the country through favourable initiatives such as the establishment of Los Lagos Aquaculture Center of Excellence, a production and processing centre of tonnes of animal feed in September 2021.
The increased adoption of genetically modified animal feed is opening new market opportunities for industry leaders and poultry farmers alike. In January 2024, the Nigerian government approved the release of GM maize, an insect-resistant and drought-tolerant crop immediately after the approval of GM Bt cowpea. Both these crops have found extensive use in the animal feed industry. Moreover, as new GM crops are introduced during the coming years, the market is expected to become more self-sufficient with an enhanced supply of genetically modified animal feed.
Corn is widely used as animal feed in the Nigerian market and accounts for the highest consumption. According to the US Department of Agriculture, 5,500,000 metric tonnes of corn were produced as animal feed and residue between October 2023 and 2024. This was followed by the production of 200 metric tonnes of sorghum during the same period. As the production of corn grows further in the agricultural domain, the animal feed market is expected to witness its increased share, leading to an enhanced supply in the overall market.
Realising the significance of the animal feed industry, the Federal Government of Nigeria announced its plan to introduce the National Animal Feed Policy in October 2023. The policy will aim to tackle ongoing challenges affecting the livestock and animal feed market to enhance food security in the country. Furthermore, the policy will regulate the cost of animal feed in the country providing ample opportunities for market expansion to key players.
“Nigeria Animal Feed Market Report and Forecast 2025-2034” 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, and poultry, among others. The poultry sector accounts for a significant market share as meat and eggs are a staple part of the Nigerian diet and this strong demand and widespread consumption of poultry products significantly contribute to the usage of poultry feed. Additionally, as urbanisation increases and disposable incomes rise, the demand for poultry products is anticipated to rise, thereby propelling growth in the segment growth.
The market participants are enhancing their technological capabilities to gain a competitive edge in the market.
*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.*
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In 2024, the market reached an approximate volume of 15.18 Million Tons.
The market is estimated to grow at a CAGR of 1.80% between 2025 and 2034.
The market is estimated to witness a healthy growth during 2025-2034 to reach around 18.14 Million Tons by 2034.
The market is being driven due to rapid urbanisation, growing demand for meat and dairy-based products, and increased incorporation of sustainable practices in feed production.
The key trends aiding the Nigeria animal feed market include the usage of customised feeds, the use of digital tools within the feed manufacturing sector, and mergers and acquisitions.
Based on type, market segmentations include fodder and forage and compound feed.
Various types of livestock are pork, aquatic animal, cattle, and poultry, among others.
The major players in the market are Olam Group Limited, Flour Mills of Nigeria Plc, Nutreco N.V., Livestock Feeds Plc, Abertop Animal Health Feeds Nig. Ltd, and Turraco Industrial Limited, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| 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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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