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Animal Feed Market is Anticipated to Rise USD 681.8 Billion by 2033 | At CAGR 2.8%

02-04-2026 01:12 PM CET | Food & Beverage

Press release from: IMARC Group

Animal Feed Market Share

Animal Feed Market Share

IMARC Group, a leading market research company, has recently released a report titled " Animal Feed Market Size, Share, Trends and Forecast by Product, Material, Distribution Channel, Pricing, End-User, and Region, 2025-2033."The study provides a detailed analysis of the industry, including the Animal Feed Market size, share, trends, and growth forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Animal Feed Market Overview

The global Animal Feed Market size is projected to increase from USD 548.1 Billion in 2025 to USD 681.8 Billion by 2033, growing at a CAGR of 2.8% during the forecast period 2025-2033. Asia Pacific dominates the market, driven by its large livestock population and advancements in feed production technologies. Innovations like precision nutrition and eco-friendly feed additives are enhancing livestock productivity and sustainability.

Study Assumption Years

● Base Year: 2024
● Historical Year/Period: 2019-2024
● Forecast Year/Period: 2025-2033

Animal Feed Market Key Takeaways

● Current Market Size in 2025: USD 548.1 Billion
● CAGR: 2.8% (2025-2033)
● Forecast Period: 2025-2033

● Asia Pacific currently holds the largest market share due to its substantial livestock population, rising meat consumption, and government support.

● Poultry (broilers, layers, turkeys, and others) leads the market by animal type owing to increased demand for poultry products and efficient feed conversion.

● Pellets are the leading form segment due to high efficiency, distribution consistency, and cost-effectiveness.

● Cereals dominate the ingredient segment because of their carbohydrate richness, affordability, and widespread availability.

● Innovations in feed additives and eco-friendly solutions are shaping sustainable livestock farming practices.

Claim Your Free "Animal Feed Market" Insights Sample PDF: https://www.imarcgroup.com/animal-feed-market/requestsample

Market Growth Factors

The increasing consumption of meat, dairy, and poultry products globally is driving the demand for high-quality animal feed to improve livestock productivity. This ensures a sufficient supply of protein-rich food to meet dietary demands worldwide. Innovative feed technologies including precision nutrition, customized formulations, and additives such as probiotics, amino acids, and feed acidifiers significantly enhance animal health, growth efficiency, and productivity, contributing to more sustainable and profitable livestock farming.

Environmental concerns are prompting the development and adoption of eco-friendly feed additives that reduce methane emissions and promote sustainable sourcing of raw materials. These advances support greener livestock farming practices, helping mitigate the environmental impact of animal agriculture.

Government policies and subsidies worldwide encourage livestock farming and feed production. Investments in modern feed production infrastructure bolster market growth. For example, the U.S. plays a vital role by pioneering advanced feed additives targeting animal health and productivity. The launch of non-antibiotic feed acidifiers, like the 2024 FORMYL product by Kemin Industries, illustrates product innovation addressing specific animal health challenges sustainably.

Market Segmentation

Analysis by Form:

● Pellets: Most significant segment owing to nutrient density, reduced feed wastage, ease of handling, and suitability for various livestock, enhancing growth and efficiency.

● Crumbles
● Mash
● Others

Pellets offer balanced nutrition in every bite and improve digestibility, making them the favored feed form across multiple animal types.

Analysis 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

Poultry holds the largest market share due to high demand for poultry meat and eggs and the use of specialized feed formulations that enhance growth, health, and productivity.

Analysis by Ingredient:

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

Cereals dominate as an energy source, widely used for their carbohydrate content, affordability, availability, and digestibility, supporting efficient livestock growth.

Regional Insights

Asia Pacific dominates the animal feed market due to its large livestock population and increased focus on raising livestock productivity. Countries such as China, India, and Japan invest heavily in advanced feed formulations supporting poultry, swine, and aquaculture sectors. Efforts to build advanced feed production facilities and promote sustainable agriculture also contribute significantly to regional market growth.

Recent Developments & News

In November 2024, UPL and CH4 Global collaborated to launch Methane Tamer, a feed additive reducing methane emissions from cattle by up to 90%, targeting markets such as India and Brazil to promote sustainable farming. Also, during EuroTier 2024, TrinamiX GmbH and Eurofins Agro Testing introduced a portable device for on-farm forage testing to optimize silage and feed rations, improving animal health.

Angel Yeast partnered with PT. Tunas Baru Lampung Tbk in Indonesia with a USD 43.46 Million investment to build a yeast production facility enhancing market presence in Asia. In March 2024, EW Nutrition launched Axxess XY, a thermostable xylanase improving digestion of feed ingredients, thereby boosting feed efficiency and reducing costs.

Key Players

● Alltech
● Anova Feed
● Archer-Daniels-Midland Company
● Bunge Global SA
● Cargill Incorporated
● Charoen Pokphand Foods PCL
● Godrej Agrovet Limited
● Nutreco N.V
● Purina Animal Nutrition LLC.

Ask an Analyst : https://www.imarcgroup.com/request?type=report&id=2565&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us

IMARC Group,
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: (D) +91 120 433 0800
United States: +1-201971-6302

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