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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Vietnam Feed Additives Market Size

The Vietnam Feed Additives market reached approximately USD 380.40 million in 2024. The market is projected to grow at a CAGR of 4.3% between 2025 and 2034, reaching a value of around USD 555.65 million by 2034.

Vietnam Feed Additives Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million 380.40
Market Size 2034 USD Million 555.65
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 4.3%
CAGR 2025-2034 - Market by Region Red River Delta 4.8%
CAGR 2025-2034 - Market by Region Mekong River Delta 4.4%
CAGR 2025-2034 - Market by Form Liquid 4.7%
CAGR 2025-2034 - Market by Source Natural 5.2%
Market Share by Region Mekong River Delta 16.9%

Vietnam Feed Additives Market Outlook

  • Cargill is a prominent animal nutrition company in Vietnam, manufacturing premix, additives, and feed for pigs, poultry, and fish. In 2021, it ranked second among Vietnam's Most Prestigious Animal Feed Companies.
  • The country aims to produce 5.6 million metric tons (MT) of farmed seafood annually by 2025, marking a 16.7% increase from the 4.8 million MT produced in 2021.
  • The Asia Pacific holds the title of being the largest compound feed producer globally.

Vietnam Feed Additives Market Growth

Vietnam ranks within the top 10 nations globally in terms of substantial feed additive production. Vietnam increased its compound feed production from 20.9 million tons in 2021 to 26.7 million tons in 2022, a significant 27.7% increase. Moreover, in 2022, the nation ranked eighth globally in terms of compound feed production with this level of output.

In the livestock sector, feed additives are frequently used to enhance the overall health and productivity of animals. They can support stronger immune systems, faster growth rates, better feed efficiency while lowering disease risk. Furthermore, certain nutritional deficiencies in cattle's diets can be addressed with feed additives. Additionally, the production of pig feeds in the Asia Pacific holds the second position in terms of feed production. In 2021, the total pig feed production in the region amounted to 143.5 million tons. Vietnam witnessed a growth in pig feed production by 3.36 million tons in 2022.

There are several uses for various kinds of feed additives. Probiotics, for instance, are good bacteria that can aid in enhancing an animal's digestion and gut health. Prebiotics are indigestible fibres that have the ability to encourage the growth of good bacteria in the digestive system. Moreover, acidifiers can aid in lowering the digestive tract's pH, which improves the conditions for digestion and nutrient absorption. Feed additives are essential to livestock production because they maximise animal health and overall performance.

Vietnam Feed Additives Market

Vietnam Feed Additives Industry Segmentation

“Vietnam Feed Additives Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Additives

  • Acidifiers
    • Fumaric Acid
    • Lactic Acid
    • Propionic Acid
    • Others
  • Amino Acids
    • Lysine
    • Methionine
    • Threonine
    • Tryptophan
    • Others
  • Antibiotics
    • Bacitracin
    • Penicillin
    • Tetracyclines
    • Tylosin
    • Others
  • Antioxidants
    • Butylated Hydroxyanisole (BHA)
    • Butylated Hydroxytoluene (BHT)
    • Citric Acid
    • Ethoxyquin
    • Propyl Gallate
    • Tocopherols
    • Others
  • Binders
    • Natural Binders
    • Synthetic Binders
  • Enzymes
    • Carbohydrases
    • Phytases
    • Others
  • Flavours and Sweeteners
    • Flavours
    • Sweeteners
  • Minerals
    • Macrominerals
    • Microminerals
  • Mycotoxin Detoxifiers
    • Binders
    • Biotransformers
  • Phytogenics
    • Essential Oil
    • Herbs and Spices
    • Others
  • Pigments
    • Carotenoids
    • Curcumin and Spirulina
  • Prebiotics
    • Fructo Oligosaccharides
    • Galacto Oligosaccharides
    • Inulin
    • Lactulose
    • Mannan Oligosaccharides
    • Xylo Oligosaccharides
    • Others
  • Probiotics
    • Bifidobacteria
    • Enterococcus
    • Lactobacilli
    • Pediococcus
    • Streptococcus
    • Others
  • Vitamins
    • Vitamin A
    • Vitamin B
    • Vitamin C
    • Vitamin E
    • Others
  • Yeast
    • Live Yeast
    • Selenium Yeast
    • Spent Yeast
    • Torula Dried Yeast
    • Whey Yeast
    • Yeast Derivatives

Market Breakup by Animal

  • Aquaculture
    • Fish
    • Shrimp
    • Others
  • Poultry
    • Broiler
    • Layer
    • Others
  • Ruminants
    • Beef Cattle
    • Dairy Cattle
    • Others
  • Swine
  • Others
CAGR 2025-2034 - Market by Form
Liquid 4.7%
Dry XX%

Market Breakup by Form

  • Dry
  • Liquid
CAGR 2025-2034 - Market by Source
Natural 5.2%
Synthetic XX%

Market Breakup by Source

  • Synthetic
  • Natural
CAGR 2025-2034 - Market by Region
Red River Delta 4.8%
Mekong River Delta 4.4%
Southeast XX%
South Central Coast XX%
Others XX%
Market Share by Region
Mekong River Delta 16.9%
Southeast XX%
Red River Delta XX%
South Central Coast XX%
Others XX%

Market Breakup by Region

  • Southeast
  • Red River Delta
  • Mekong River Delta
  • South Central Coast
  • Others

Vietnam Feed Additives Market Share

Based on source, the market is segmented into natural and synthetic. Natural sources of feed additives are projected to grow at a CAGR of 5.2% during the forecast period of 2025-2034.  Natural feed additives are favoured over synthetic additives because of their perceived safety, environmental advantages, and the growing consumer preference for natural products.

Leading Companies in the Vietnam Feed Additives Market

Major players are focusing on the adoption of sustainable farming practices to gain a competitive edge in the market.

  • De Heus Animal Nutrition
  • Novus International, Inc.
  • Koninklijke DSM N.V
  • Adisseo France SAS
  • Kemin Industries, Inc.
  • Others

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
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:

  • Additives
  • Animal
  • Form
  • Source
  • Region
Breakup by Additives
  • Acidifiers
  • Amino Acids
  • Antibiotics
  • Antioxidants
  • Binders
  • Enzymes
  • Flavours and Sweeteners
  • Minerals
  • Mycotoxin Detoxifiers
  • Phytogenics
  • Pigments
  • Prebiotics
  • Probiotics
  • Vitamins
  • Yeast
Breakup by Animal
  • Aquaculture
  • Poultry
  • Ruminants
  • Swine
  • Others
Breakup by Form
  • Dry
  • Liquid
Breakup by Source
  • Synthetic
  • Natural
Breakup by Region
  • Southeast
  • Red River Delta
  • Mekong River Delta
  • South Central Coast
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • De Heus Animal Nutrition
  • Novus International, Inc.
  • Koninklijke DSM N.V.
  • Adisseo France SAS
  • Kemin Industries, Inc.
  • Others

Vietnam Feed Additives Market Report Snapshots

Vietnam Feed Additives Market Size

Vietnam Feed Additives Market Growth

Vietnam Feed Additives Market Share

Vietnam Feed Additives Companies

*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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Key Questions Answered in the Report

In 2024, the market reached an approximate value of USD 380.40 million.

The market is estimated to grow at a CAGR of 4.3% between 2025 and 2034.

The market is estimated to witness a healthy growth during 2025-2034 to reach around USD 555.65 million by 2034.

The market is being driven by increasing meat consumption and the rising focus on animal health and nutrition.

The key trends aiding the market expansion include rising technological advancements in animal nutrition and a growing focus on sustainable farming.

The major regions considered in the market are Southeast, Red River Delta, Mekong River Delta, and South Central Coast, among others.

The different forms of feed additives include dry and liquid.

The major players in the market are De Heus Animal Nutrition, Novus International, Inc., Koninklijke DSM N.V, Adisseo France SAS, and Kemin Industries, Inc., among others.

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