The Philippines animal feed market reached approximately 13.52 Million Tons in 2024. The market is projected to grow at a CAGR of 2.00% between 2025 and 2034, reaching a volume of around 16.48 Million Tons by 2034.
Base Year
Historical Year
Forecast Year
In the fourth quarter of 2023, around 616,809 metric tons of livestock products were produced in the Philippines, supporting the animal feed demand.
According to the USDA’s Foreign Agricultural Service report, total soybean meal imports for the feed sector in the country are expected to grow 4 per cent in 2024-25.
A new aquaculture feed production facility, whose cost is estimated to be PHP 30 million, is being developed in the Western Visayas region of the Philippines.
Value in Million Tons
2025-2034
Philippines Animal Feed Market Outlook
*this image is indicative*
Rising demand for meat and dairy-based products, growing industrialisation in the livestock sector, and usage of feed additives to enhance the nutritional properties of animal feed are some of the prominent drivers boosting the growth of Philippines animal feed market. The surge in demand for animal-based products is mainly driven by the rise in population and higher disposable incomes, resulting in a rise in per capita meat consumption.
The country is also experiencing a growing need for high-quality feed products due to the growing focus on quality and sustainability. Premium feeds, which are in demand, typically consist of specialised formulas designed to promote health by incorporating amino acids, minerals, and vitamins to improve nutritional value. Furthermore, the importance of environmental sustainability has led to the implementation of methods aimed at reducing the environmental impact of livestock farming. This includes utilising feed ingredients that help in reducing ecological waste.
Growing poultry production, rising poultry exports, demand for sustainable feed, and increased pet adoption are accelerating the Philippines animal feed market value.
Increased production of poultry products, owing to their rising consumption in the Philippines, is propelling the animal feed market growth. In 2022, the country produced 454.38 metric tonnes of chickens, a 6.7% rise from the previous year. Similarly, egg production grew by 6.1% during the same period. A further rise in poultry product consumption is expected to raise their production levels to greater volumes, thereby leading to the growth of Philippines animal feed market.
Philippines exports a high share of poultry products to Japan, which adds to the overall revenue growth. Japan, which primarily thrives on seafood cuisine, produces an extremely low quantity of poultry products. However, increased globalisation and shifts in food consumption patterns have raised the demand among the Japanese population, which is increasingly being met by imports from the Philippines. In 2021, Japan imported more than 8,000 kgs of fresh and chilled poultry from the Philippines. This share is expected to increase owing to the geographical proximity between the two countries, thereby fuelling the demand for animal feed in the market.
Growing environmental concerns, cost-effective production, and proven health benefits have raised the consumption of organic feed in the Philippines poultry market, thereby prompting several industry players and key institutions to invest in their research and development. For instance, in June 2024, Can Tho City Department of Agriculture and Rural Development (DARD), in collaboration with the International Rice Research Institute (IRRI) developed a method to produce animal feed from agricultural biowaste such as rice straw. Continued efforts in this direction will lead the Philippines animal feed market to long-term growth and stability.
Rising disposable income, rapid urbanization, and a shift to nuclear family structures are factors driving the preference for pet adoption in the Philippines. Pet owners are seeking healthier lifestyles for their pets by providing them with ample quality and nutritional diets. This has created new market opportunities for the animal feed industry in Philippines. Key players are tapping into these opportunities, by increasing the overall investment in the animal feed sector.
“Philippines 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 substantial market share as chicken is a highly popular meat in the Philippines due to its cost-effectiveness and adaptability in a wide range of culinary dishes. Moreover, unlike pork and cattle, poultry has a shorter production cycle, resulting in more frequent usage of feed for poultry growth, which is another crucial factor aiding the segment expansion.
The market participants are expanding their production capacities 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 13.52 Million Tons.
The market is estimated to grow at a CAGR of 2.00% between 2025 and 2034.
The market is estimated to witness a healthy growth during 2025-2034 to reach around 16.48 Million Tons by 2034.
The market is being driven due to rising demand for meat and dairy-based products, growing industrialisation in the livestock sector, and usage of feed additives.
The key trends aiding the market include the growing need for high-quality feed products, the rising importance of environmental sustainability, and innovations in feed milling technology.
Various types of livestock are pork, aquatic animal, cattle, and poultry, among others.
Various types of raw materials are soy, and corn, among others.
The major players in the market are Cargill, Incorporated, Nutreco N.V., Alltech Inc., Archer Daniels Midland Company, Charoen Pokphand Foods Public Company Limited, Vienovo Philippines Inc., Premium Feeds Corporation, De Heus Voeders BV, General Milling Corporation, Leong Hup International Berhad, and New Hope Liuhe Co., Ltd., 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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