Vietnam Feed Concentrate and Base Mix Market Report and Forecast 2025-2034

Vietnam Feed Concentrate and Base Mix Market Growth

The increasing middle-class population and the growth of disposable incomes are resulting in a greater demand for meat and dairy products, which, in turn, is driving the necessity for high-quality animal feed. On average, Vietnamese individuals consume 134 grams of meat per day, with 95.5 grams being red meat, 36.2 grams being poultry, and 4.7 grams being meat-based products. In urban areas, these figures are even higher, with 155.3 grams of red meat, 36.5 grams of poultry, and 3.9 grams of meat-based products. In rural areas, the average consumption is 126.2 grams, including 85.8 grams of red meat. Additionally, Vietnamese are consuming more animal-sourced lipids than plant-sourced lipids.

Moreover, the heightened awareness of the importance of animal health and nutrition is boosting the demand for high-quality feed concentrates and base mixes. Farmers and livestock producers are increasingly acknowledging the critical role of these products in promoting animal well-being, reducing disease risk, and improving overall production efficiency.

Furthermore, Vietnam's ongoing technological advancements in feed formulation and precision agriculture are revolutionising the market. The integration of innovative techniques and modern technologies allows for the development of tailored and efficient feed concentrates, drawing the interest of farmers and feed producers eager to optimise animal performance. Additionally, stringent regulatory standards and a focus on food safety are compelling the adoption of top-tier feed concentrates and base mixes. Compliance with these regulations is imperative to maintain the integrity of the food supply chain and meet consumers' evolving expectations, thereby fuelling the market growth.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Vietnam Feed Concentrate and Base Mix Industry Segmentation

Vietnam Feed Concentrate and Base Mix Market Share

Based on the animal type, the market is segmented into ruminant, poultry, swine, and companion animals. Poultry is projected to witness the fastest growth in the forecast period, growing at a CAGR of 5.0% during 2025-2034. This can be attributed to the increasing poultry population in the country and the rising focus on optimal poultry health.

Leading Companies in the Vietnam Feed Concentrate and Base Mix Market

Major market players are investing heavily in innovative production techniques and complying with stringent regulatory standards to gain a competitive edge.

• Cargill Inc.

• SHV Holdings N.V. (Nutreco)

• Avril Group (Mixscience)

• Dachan Food Asia Ltd.

• Others