IMARC Group, a leading market research company, has recently releases report titled “Animal Feed Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033,” The study provides a detailed analysis of the industry, including the global animal feed market share, size, growth, trends and forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the animal feed market?

The global animal feed market size was valued at USD 533.4 billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 681.8 billion by 2033, exhibiting a CAGR of 2.8% from 2025-2033.

Factors Affecting the Growth of the Animal Feed Industry: 

  • Rising Demand for High-Protein Animal Feed Driven by Meat Consumption Growth:

The global animal feed market is seeing a rise in demand for high-protein feed ingredients. This growth is driven by increased meat consumption in emerging economies. As disposable incomes grow in places like Asia-Pacific and Latin America, consumers are choosing protein-rich diets. They focus mainly on poultry, pork, and aquaculture products. This trend pressures feed manufacturers to add more soybean meal, fishmeal, and alternative proteins. These alternatives include insect-based proteins and single-cell proteins to meet nutritional needs. At the same time, the booming aquaculture industry accounts for over 50% of global fish consumption. This growth boosts the need for specialized aquatic feeds. However, feed producers face challenges with fluctuating raw material prices. For example, soybean prices can change due to trade issues or climate effects on yields. This makes it hard for producers to balance cost and quality. Sustainability concerns also drive the industry to find innovative protein substitutes. These substitutes aim to lessen reliance on traditional, resource-heavy ingredients.

  • Sustainability and Alternative Ingredients Reshaping Feed Formulations:

Environmental concerns and regulations are pushing a shift toward sustainable animal feed. Manufacturers are using alternative ingredients to lessen their ecological impact. The European Union's strict rules on deforestation-linked soy are speeding up the use of byproducts like brewer’s spent grains, algae, and insect meal. Insect-based feed is gaining popularity since it requires less land and has high protein efficiency. Companies like Ÿnsect and Protix are increasing production. At the same time, consumer demand for antibiotic-free and non-GMO animal products is leading feed formulators to include probiotics, prebiotics, and plant-based additives.. However, high production costs and limited scalability of novel ingredients remain barriers. The market is also seeing a rise in precision nutrition, where feed is customized using AI-driven formulations to optimize animal health while minimizing waste—a trend poised to redefine efficiency in livestock and aquaculture sectors.

  • Volatile Raw Material Prices and Supply Chain Disruptions Impacting Feed Affordability:

The animal feed industry faces ongoing challenges from changing commodity prices and supply chain issues. These factors affect production costs and profitability. Key ingredients, like corn, soybean meal, and wheat, often see price changes due to geopolitical tensions, such as the Russia-Ukraine war impacting grain exports. Extreme weather events and export limits in major producing countries also play a role. For example, droughts in South America have lowered soybean yields. Meanwhile, China’s grain stockpiling has tightened global supply. To adapt, feed manufacturers are diversifying their sourcing strategies. They are investing in local supply chains and considering alternative grains like sorghum or cassava. Rising energy costs and transportation delays after the pandemic have added pressure to profit margins. As a result, some producers are passing costs onto farmers, leading to higher livestock production expenses. This market volatility is speeding up the use of feed additives that improve nutrient absorption. These additives help reduce the need for costly raw materials. In the long run, the industry must find a balance between resilience strategies and keeping feed affordable. This is crucial to meet the growing global demand for protein.

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Animal Feed Market Report Segmentation:

Breakup by Form:

  • Pellets
  • Crumbles
  • Mash
  • Others

Breakup by Animal Type:

  • Swine
    • Starter
    • Finisher
    • Grower
  • Ruminants
    • Calves
    • Dairy Cattle
    • Beef Cattle
    • Others
  • Poultry
    • Broilers
    • Layers
    • Turkeys
    • Others
  • Aquaculture
    • Carps
    • Crustaceans
    • Mackeral
    • Milkfish
    • Mollusks
    • Salmon
    • Others
  • Others

Breakup by Ingredient:

  • Cereals
  • Oilseed Meal
  • Molasses
  • Fish Oil and Fish Meal
  • Additives
    • Antibiotics
    • Vitamins
    • Antioxidants
    • Amino Acids
    • Feed Enzymes
    • Feed Acidifiers
    • Others
  • Others

Breakup By Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Global Animal Feed Trends:

The global animal feed market is growing fast. This growth comes from rising demand for meat, dairy, and other animal products. More people and urbanization drive this demand. A key trend in the industry is the move toward high-quality, nutrient-rich feed. This helps improve livestock productivity and meet strict food safety standards. These additions help improve growth rates and boost disease resistance in livestock. Sustainability is another major trend influencing the animal feed market. Producers face environmental concerns and regulatory pressures. They are adopting eco-friendly practices. This includes using alternative protein sources like insect meal, algae, and plant-based proteins. These options help reduce reliance on traditional soybean and fishmeal, which have high environmental footprints. Upcycled feed ingredients are also gaining popularity. These ingredients come from food waste or byproducts. They offer a cost-effective and sustainable solution. The circular economy model is becoming more common. It helps minimize waste and optimize resource efficiency in feed production.

Who are the key players operating in the industry?

The report covers the major market players including:

  • Archer-Daniels-Midland Company
  • Cargill Incorporated
  • Charoen Pokphand Group
  • Dupont De Nemours Inc.
  • Evonik Industries AG (RAG-Stiftung)
  • ForFarmers N.V.
  • Kemin Industries Inc.
  • Nutreco N.V (SHV Holdings)
  • Perdue Farms Inc.
  • Tyson Foods Inc.

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