Global Animal Feed Market Set to Double by 2035 on the Back of Protein Demand and Technological Advancements

The global animal feed market is forecast to nearly double from USD 605.3 billion in 2025 to USD 1,224.6 billion by 2035, growing at a CAGR of 7.3%. The surge is propelled by rising global demand for animal-based protein, growth in livestock farming, and adoption of modern feed technologies. Government-backed food security initiatives and the rapid expansion of feed operations in developing economies are also crucial drivers.

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Market Trends Highlighted
• Shift Toward Plant-Based Feed: By 2035, plant-based feed is expected to dominate with a 68.2% market share, driven by cost-efficiency, sustainability, and consumer preferences for antibiotic-free protein.
• Modernization of Feed Supply Chains: Manufacturers are automating mills, using AI-driven formulations, and incorporating traceability systems to ensure efficiency, safety, and compliance.
• Sustainable and Functional Additives: Demand for clean-label animal products is increasing the use of enzymes, organic acids, and phytogenics to replace antibiotics and boost gut health.
• Rising Feed Demand in Aquaculture: The growing aquaculture industry is requiring nutrient-dense feeds tailored for fish and shrimp, especially in Asia Pacific.
• Government Policy Support: Subsidies, food safety mandates, and innovation grants are accelerating feed innovation globally-from India's Gokul Mission to Japan's Feed Innovation Program.

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Key Takeaways of the Report
• Market Size & Growth: The global animal feed market is projected to expand from USD 605.3 billion in 2025 to USD 1,224.6 billion by 2035, registering a CAGR of 7.3%.
• Segment Leadership: Plant-based feed will be the dominant segment, accounting for over two-thirds of the market by 2035.
• Top Growth Region: Asia Pacific is the leading region, with India expected to register the highest CAGR of 8.5%.
• Sector Integration: Feed accounts for 40-45% of the livestock sector's value, underlining its importance in protein supply chains.
• Innovation in Feed Additives: Increased focus on methane-reducing ingredients, enzyme complexes, and high-performance blends is reshaping product offerings.

Regional Market Outlook
• Asia Pacific:
Home to integrated poultry and aquaculture operations, Asia Pacific is leading in volume and innovation. India and China are at the forefront, driven by urbanisation and rising protein demand.
• Latin America & North America:
Latin America focuses on self-sufficiency, while North America is leveraging technology and precision nutrition to optimise feed efficiency.

Country-Wise Growth Highlights

• India (8.5% CAGR):
Fastest-growing market. Expansion driven by dairy and poultry integration, government productivity schemes, and increased private investments in feed infrastructure.

• China (7.9% CAGR):
Rebounding swine industry, automation in mega-mills, and policy-driven support for amino acid production are key drivers.

• Japan (7.3% CAGR):
Small livestock base but strong demand for premium, traceable, antibiotic-free feed formulations. Focus on smart nutrition systems.

• Germany (6.7% CAGR):
Demand driven by animal welfare mandates and regional sourcing. Emphasis on low-emission additives and quality assurance.

• USA (6.2% CAGR):
Steady growth powered by poultry and beef sectors, precision feeding systems, and policy shifts toward non-antibiotic solutions.

Competition Outlook
The animal feed market is highly competitive, with global players focusing on innovation, sustainability, and regional expansion to maintain market share.

Leading Players
• DSM N.V
• BASF SE
• Fuji Chemical Industries Co
• Divi's Laboratories
• Piveg, Inc
• FenchemBiotek Ltd.
• Alga technologies
• Cyanotech Corporation
• Zhejiang NHU Co., Ltd.

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Key Segments

By Species:
The market caters to various livestock categories, including commercial poultry, backyard poultry, ruminants such as cattle, sheep, and goats, as well as swine and equine.

By Form:
Animal feed is available in multiple formats, including wet/moist food, dry kibble, semi-moist food, frozen, and freeze-dried food, offering flexibility for different dietary needs.

By Source:
The feed industry incorporates diverse sources such as plant-based, animal-based, and micro-organism-derived ingredients to ensure nutritional balance.

By Sales Channel:
Distribution takes place through direct and indirect sales, including modern trade, animal feed stores, veterinary clinics, and online retailers, making products widely accessible.

By Region:
The market is segmented as North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, Central Asia, Russia and Belarus, Balkan & Baltic Countries, Middle East and Africa.

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