Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

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 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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