The South Africa animal feed market reached a volume of approximately 8.23 million tons in 2023. The market is projected to grow at a CAGR of 2.40% between 2024 and 2032, reaching a volume of around 10.16 million tons by 2032.
Base Year
Historical Year
Forecast Year
The animal feed market is set for substantial growth due to various factors such as increasing health consciousness, demand for protein-based products, and affordable nutrition solutions to enhance livestock production healthily and sustainably. For instance, the Shoprite Group feeds 3000 cattle daily with high-quality feed made by converting 1 000 tons of food waste into animal feed. The group's animal feed formula now includes dried commodities in addition to hominy chop, a byproduct of milling maize, such as rice, flour, pasta, chips, maize products, cereal products, snacks, and seeds. High-quality feed has been maintained as a result of this.
Moreover, there are ongoing technological innovations in feed manufacturing led by prominent players to meet the unique needs of farmers and livestock owners. For instance, InsectiPro in Kenya rears black soldier fly larvae by upcycling food waste to produce animal feed with high protein concentrations for fish and livestock. On the other hand, it also provides alternatives to plant-based protein and enhances food security. Also, the growing population and income level have accelerated the demand for dairy and meat products in the region and fueled market expansion.
“South Africa 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 segmented into pork, aquatic animals, cattle, and poultry, among others. According to the South African Poultry Association (SAPA), poultry constitutes the largest segment in terms of market share, contributing over 20% to the country’s GDP and 43% to the GDP of animal products. On the other hand, pork constitutes a portion of 24%, followed by cattle and aquatic animals at 10% and 4% respectively.
Market players are continuously developing new technologies to increase livestock production and maintain animal health
*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 2023, the market reached an approximate volume of 8.23 million tons.
The South Africa animal feed market is estimated to grow at a CAGR of 2.40% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach 10.16 million tons by 2032.
The major drivers of the market are increasing health awareness, and development in feed manufacturing technology, increasing livestock population.
The key trends aiding the market include demand for protein-based products, sustainable methods, and rising support from the government.
Based on type, market segmentations include fodder and forage and compound feed.
The major players in the market are Alltech, Inc., Nutreco N.V., New Hope Liuhe Co., Ltd., Cargill, Incorporated, De Heus Voeders BV, BRF S.A., Country Bird Holdings (Limited), AFGRI Operations (Pty) Limited, RCL FOODS Ltd., Nova Feeds, 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 | 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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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +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
+84865399124
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