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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 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.
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 Feed Additives Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Feed Additives Historical Market (2018-2023)
8.3 Asia Pacific Feed Additives Market Forecast (2024-2032)
9 Vietnam Feed Additives Market Overview
9.1 Key Industry Highlights
9.2 Vietnam Feed Additives Historical Market (2018-2023)
9.3 Vietnam Feed Additives Market Forecast (2024-2032)
10 Vietnam Feed Additives Market by Additives
10.1 Acidifiers
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Breakup by Type
10.1.3.1 Fumaric Acid
10.1.3.2 Lactic Acid
10.1.3.3 Propionic Acid
10.1.3.4 Others
10.2 Amino Acids
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.2.3 Breakup by Type
10.2.3.1 Lysine
10.2.3.2 Methionine
10.2.3.3 Threonine
10.2.3.4 Tryptophan
10.2.3.5 Others
10.3 Antibiotics
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.3.3 Breakup by Type
10.3.3.1 Bacitracin
10.3.3.2 Penicillin
10.3.3.3 Tetracyclines
10.3.3.4 Tylosin
10.3.3.5 Others
10.4 Antioxidants
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.4.3 Breakup by Type
10.4.3.1 Butylated Hydroxyanisole (BHA)
10.4.3.2 Butylated Hydroxytoluene (BHT)
10.4.3.3 Citric Acid
10.4.3.4 Ethoxyquin
10.4.3.5 Propyl Gallate
10.4.3.6 Tocopherols
10.4.3.7 Others
10.5 Binders
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.5.3 Breakup by Type
10.5.3.1 Natural Binders
10.5.3.2 Synthetic Binders
10.6 Enzymes
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.6.3 Breakup by Type
10.6.3.1 Carbohydrases
10.6.3.2 Phytases
10.6.3.3 Others
10.7 Flavours and Sweeteners
10.7.1 Historical Trend (2018-2023)
10.7.2 Forecast Trend (2024-2032)
10.7.3 Breakup by Type
10.7.3.1 Flavours
10.7.3.2 Sweeteners
10.8 Minerals
10.8.1 Historical Trend (2018-2023)
10.8.2 Forecast Trend (2024-2032)
10.8.3 Breakup by Type
10.8.3.1 Macrominerals
10.8.3.2 Microminerals
10.9 Mycotoxin Detoxifiers
10.9.1 Historical Trend (2018-2023)
10.9.2 Forecast Trend (2024-2032)
10.9.3 Breakup by Type
10.9.3.1 Binders
10.9.3.2 Biotransformers
10.10 Phytogenics
10.10.1 Historical Trend (2018-2023)
10.10.2 Forecast Trend (2024-2032)
10.10.3 Breakup by Type
10.10.3.1 Essential Oil
10.10.3.2 Herbs and Spices
10.10.3.3 Others
10.11 Pigments
10.11.1 Historical Trend (2018-2023)
10.11.2 Forecast Trend (2024-2032)
10.11.3 Breakup by Type
10.11.3.1 Carotenoids
10.11.3.2 Curcumin and Spirulina
10.12 Prebiotics
10.12.1 Historical Trend (2018-2023)
10.12.2 Forecast Trend (2024-2032)
10.12.3 Breakup by Type
10.12.3.1 Fructo Oligosaccharides
10.12.3.2 Galacto Oligosaccharides
10.12.3.3 Inulin
10.12.3.4 Lactulose
10.12.3.5 Mannan Oligosaccharides
10.12.3.6 Xylo Oligosaccharides
10.12.3.7 Others
10.13 Probiotics
10.13.1 Historical Trend (2018-2023)
10.13.2 Forecast Trend (2024-2032)
10.13.3 Breakup by Type
10.13.3.1 Bifidobacteria
10.13.3.2 Enterococcus
10.13.3.3 Lactobacilli
10.13.3.4 Pediococcus
10.13.3.5 Streptococcus
10.13.3.6 Others
10.14 Vitamins
10.14.1 Historical Trend (2018-2023)
10.14.2 Forecast Trend (2024-2032)
10.14.3 Breakup by Type
10.14.3.1 Vitamin A
10.14.3.2 Vitamin B
10.14.3.3 Vitamin C
10.14.3.4 Vitamin E
10.14.3.5 Others
10.15 Yeast
10.15.1 Historical Trend (2018-2023)
10.15.2 Forecast Trend (2024-2032)
10.15.3 Breakup by Type
10.15.3.1 Live Yeast
10.15.3.2 Selenium Yeast
10.15.3.3 Spent Yeast
10.15.3.4 Torula Dried Yeast
10.15.3.5 Whey Yeast
10.15.3.6 Yeast Derivatives
11 Vietnam Feed Additives Market by Animal
11.1 Aquaculture
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.1.3 Breakup by Type
11.1.3.1 Fish
11.1.3.2 Shrimp
11.1.3.3 Others
11.2 Poultry
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.2.3 Breakup by Type
11.2.3.1 Broiler
11.2.3.2 Layer
11.2.3.3 Others
11.3 Ruminants
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.3.3 Breakup by Type
11.3.3.1 Beef Cattle
11.3.3.2 Dairy Cattle
11.3.3.3 Others
11.4 Swine
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Vietnam Feed Additives Market by Form
12.1 Dry
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Liquid
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Vietnam Feed Additives Market by Source
13.1 Synthetic
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Natural
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Vietnam Feed Additives Market by Region
14.1 Southeast
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Red River Delta
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Mekong River Delta
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 South Central Coast
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 De Heus Animal Nutrition
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Novus International, Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Koninklijke DSM N.V.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Adisseo France SAS
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Kemin Industries, Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Feed Additives Market: Key Industry Highlights, 2018 and 2032
2. Vietnam Feed Additives Market: Key Industry Highlights, 2018 and 2032
3. Vietnam Feed Additives Historical Market: Breakup by Additives (USD Million), 2018-2023
4. Vietnam Feed Additives Market Forecast: Breakup by Additives (USD Million), 2024-2032
5. Vietnam Feed Additives Historical Market: Breakup by Animal (USD Million), 2018-2023
6. Vietnam Feed Additives Market Forecast: Breakup by Animal (USD Million), 2024-2032
7. Vietnam Feed Additives Historical Market: Breakup by Form (USD Million), 2018-2023
8. Vietnam Feed Additives Market Forecast: Breakup by Form (USD Million), 2024-2032
9. Vietnam Feed Additives Historical Market: Breakup by Source (USD Million), 2018-2023
10. Vietnam Feed Additives Market Forecast: Breakup by Source (USD Million), 2024-2032
11. Vietnam Feed Additives Historical Market: Breakup by Region (USD Million), 2018-2023
12. Vietnam Feed Additives Market Forecast: Breakup by Region (USD Million), 2024-2032
13. Vietnam Feed Additives Market Structure
In 2023, the market reached an approximate value of USD 380.40 million.
The market is estimated to grow at a CAGR of 4.3% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 555.65 million by 2032.
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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