USD 572.3 Billion
Report ID:
SQMIG30H2033 |
Region:
Global |
Published Date: June, 2025
Pages:
194
|Tables:
96
|Figures:
71
Global Animal Feed Market size was valued at USD 572.3 Billion in 2023 poised to grow from USD 602.06 Billion in 2024 to USD 903.16 Billion by 2032, growing at a CAGR of 5.2% in the forecast period (2025-2032).
The global population surge and rapid urbanization have significantly increased consumer preference for protein-rich diets, particularly meat and dairy. This shift causes farmers to intensify livestock production to meet the growing food demand. To support this expansion, animal feed consumption rises because livestock require balanced nutrition to grow healthily and produce quality meat, milk, and eggs. Therefore, the animal feed market continues to experience strong growth as a function of the demand for effective; nutrient dense feed that increases livestock efficiency and meets the food demands of a global population that is now living in expanding and urbanizing areas.
Feed formulation technologies have emerged as a key trend driving the global animal feed sector, enabling the formulation of efficient and concentrated feed blends for animals raised for food. These advanced feed formulations increase feed conversion ratios, improve animal health, enhance growth rates, and allow farmers to reach higher yields with less feed, thus decreasing production costs. Optimizing feed efficiency reduces waste products which may yield a more likely sustainable product - something producers are open to, especially those marketing their food or production methods as environmentally friendly. This technological improvement supports the primary driver by making animal farming more productive and less expensive and has the effect of spurring additional demand for specialized feeds as well as the resulting growth of the market globally.
What are the Benefits of Reducing Feed Waste Through AI?
Artificial Intelligence (AI) is transforming the global animal feed market fundamentally, i.e. helping with feed efficiency and sustainability. AI powered and driven precision feeding systems are able to assess animal health and behavior, along with environmental conditions in real time, to provide diets for animals that facilitate growth and productivity. Rather than one size fitting all feeds and waste, these precision feeding approaches facilitate unique diets to all animals, thereby reducing the indirect and direct costs, and the negative impact on the environment. For example, if animals require different feed rations at different points in the day, AI powered technologies can adaptively change how much and when animals eat feed.
In March 2024, GEA Group AG, a Germany-based engineering company, acquired CattleEye Ltd., an Ireland-based livestock technology firm specializing in AI solutions for livestock management, health monitoring, and welfare enhancement. This acquisition enables GEA to integrate advanced AI capabilities into its offerings, focusing on improving animal health and welfare within dairy operations.
Market snapshot - 2025-2032
Global Market Size
USD 572.3 Billion
Largest Segment
Poultry
Fastest Growth
Cattle
Growth Rate
5.2% CAGR
To get more reports on the above market click here to Buy The Report
The global animal feed market is segmented based on species, additives, processing & packaging, and regions. In terms of species, the market is grouped into poultry, cattle, swine, aqua, and pets. Based on additives, the market is segmented into antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers, and others. Based on processing & packaging, the market is trifurcated into feed processing, dry milling, and feed packaging. Based on region, the market is segmented into North America, Europe, Asia-Pacific, Central & South America and the Middle East & Africa.
Based on the global animal feed market forecast, poultry species dominate the industry due to their fast growth rates, high feed conversion efficiency, and growing consumer demand for affordable protein. Innovations like probiotic- and prebiotic-enriched feeds improve gut health and boost productivity, enhancing feed efficiency. These advances support sustainable poultry farming while meeting ethical and nutritional preferences, reinforcing poultry’s leading market share and driving continued growth in the global animal feed industry.
The cattle feed market is projected to be the fastest-growing segment in the global animal feed market due to increasing demand for meat and dairy products, particularly in emerging economies. Technological advancements in feed formulations, such as precision nutrition and sustainable additives, are enhancing cattle health and productivity.
Amino acid additives dominate the global animal feed market by improving protein synthesis, feed efficiency, and livestock growth. Innovations in fermentation and biotechnology have lowered production costs, making additives like lysine and methionine more accessible. Their use reduces the feed quantity needed and minimizes environmental nitrogen waste. Driven by rising demand for high-quality animal protein and sustainable farming practices, amino acid additives are crucial in enhancing productivity and supporting eco-friendly livestock production worldwide.
Antibiotic additives are projected to be the fastest-growing segment in the global animal feed market due to increasing demand for meat and dairy products, particularly in emerging economies. These additives enhance livestock health, promote growth, and improve feed efficiency, making them essential for meeting the rising protein consumption.
To get detailed analysis on other segments, Request For Free Sample Report
As per global animal feed market analysis, North America holds a significant share in the industry due to its large livestock industry and high meat and dairy consumption. The U.S. leads with substantial feed production and advanced feed technologies. Increasing focus on sustainable farming and innovations in feed additives, especially protein-rich and environmentally friendly options, are driving market growth. Rising demand for high-quality animal products further supports North America’s dominant market position.
The U.S. is a dominant player in North America’s animal feed market, producing over 284 million tons of feed annually. Driven by large livestock and poultry industry, the market is expanding rapidly. Major companies like Cargill and ADM lead innovations in feed technology, focusing on improving efficiency and sustainability. The country’s extensive feed manufacturing infrastructure supports its leading position in the global feed supply chain.
Canada significantly contributes to North America’s animal feed market, with feed consumption reaching around 29 million tons in 2022. The country’s market growth is driven by increasing demand for livestock products and export opportunities. Major producers like Nestlé Canada and Nutreco focus on sustainable feed solutions. Canada’s strong agricultural base and feed manufacturing capabilities support its growing role in the regional animal feed industry.
Asia Pacific is the fastest-growing region in the global animal feed market, driven by rising meat consumption, expanding livestock farming, and urbanization. Countries like China, India, and Australia lead production and demand. Innovations in feed additives and sustainable practices are rapidly adopted to improve productivity. The region’s large population and increasing protein demand for fuel market expansion, positioning Asia Pacific as a key growth hub in the global animal feed industry.
Japan’s animal feed market is steadily growing due to rising demand for livestock products and efforts to improve production efficiency. Despite low domestic feed self-sufficiency, Japan relies heavily on imports to support its livestock sector. Technological advancements in feed additives and sustainable farming are boosting productivity. Japan focuses on quality and safety, maintaining a vital role in the Asia Pacific animal feed market and contributing to global supply chains.
South Korea’s animal feed market is expanding rapidly, driven by increased livestock production and modernization of feed formulations. The country emphasizes enhancing feed efficiency and sustainability through innovation in additives and nutrition technology. Growing domestic demand for meat and dairy products fuels market growth. South Korea’s focus on research and development strengthens its position in the regional animal feed industry and supports the global market’s advancement.
Europe plays a vital role in the global animal feed market, producing around 147 million tons of compound feed annually. Leading countries like Spain, Germany, and France drive market growth. Increasing meat consumption, adoption of sustainable farming practices, and innovations in feed technology fuel steady growth. Strong regulatory frameworks supporting animal health and environmental sustainability further enhance Europe’s market position in the global animal feed industry.
Germany is a leading in Europe animal feed market, known for its advanced feed manufacturing and innovation in sustainable additives. It has a strong livestock sector, especially in swine and poultry, driving feed demand. Germany emphasizes quality and regulatory compliance, with major companies investing in biotechnology and precision nutrition. Its strategic location supports feed export across Europe, strengthening its vital role in the global animal feed market.
The UK’s animal feed market is characterized by strong livestock production, particularly in poultry and cattle. It focuses on feed safety, quality, and innovation, with growing interest in alternative proteins and additives. Brexit has influenced supply chains, encouraging domestic production growth. The UK invests in sustainable feed technologies, aiming to reduce environmental impact and support animal health, strengthening its influence on the regional outlook.
Italy’s animal feed market supports a diverse livestock sector, including poultry, swine, and cattle. It emphasizes traditional farming practices combined with modern feed innovations. Italy invests in quality feed additives and sustainable formulations to meet growing domestic and export demands. The country’s regional diversity fosters specialized feed products, contributing to its strategic role in Europe’s animal feed market and the global industry’s expansion.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Rising Meat Consumption
Advancements in Feed Technology
Strict Regulatory Policies
Disease Outbreaks in Livestock
Request Free Customization of this report to help us to meet your business objectives.
The global animal feed market outlook features intense competition among major players like Cargill, Archer Daniels Midland (ADM), Nutreco, and Alltech. These companies focus on innovation, sustainability, and strategic acquisitions to expand market share. For instance, Cargill emphasizes R&D in precision nutrition, while Nutreco invests in eco-friendly feed solutions. ADM leverages global supply chains for cost efficiency, and Alltech prioritizes probiotic additives, enhancing animal health and productivity in the competitive market landscape.
As per the global animal feed industry analysis, the startup landscape is rapidly advancing, driven by sustainability and innovation. New companies focus on alternative protein sources like insects and microbial proteins to address environmental and resource challenges. Their cutting-edge R&D accelerates eco-friendly feed solutions, enhancing animal health and productivity. Startups’ agility enables faster market adaptation, challenging traditional feed manufacturers and promoting a shift toward greener, efficient, and circular animal nutrition systems worldwide.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global animal feed industry is undergoing a dynamic transformation driven by rising protein demand, rapid urbanization, and technological innovation. As livestock production intensifies to meet food security goals, the need for efficient and sustainable feed solutions is more crucial than ever. Advancements such as AI-driven precision feeding, nutrient optimization, and eco-friendly additives enhance animal health, reduce waste, and support cost-effective farming.
The growing focus on sustainability, especially through alternative protein sources like insects and plants, reflects a shift toward greener practices. Regional developments, regulatory frameworks, and strategic acquisitions further shape the competitive landscape. Collectively, these factors ensure that the global animal feed market revenue remains resilient, responsive, and ready to support global nutrition demands while aligning with future environmental and ethical standards.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 572.3 Billion |
Market size value in 2032 | USD 903.16 Billion |
Growth Rate | 5.2% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Animal Feed Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Animal Feed Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Animal Feed Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Animal Feed Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
REQUEST FOR SAMPLE
Global Animal Feed Market size was valued at USD 572.3 Billion in 2023 poised to grow from USD 602.06 Billion in 2024 to USD 903.16 Billion by 2032, growing at a CAGR of 5.2% in the forecast period (2025-2032).
The global animal feed market outlook features intense competition among major players like Cargill, Archer Daniels Midland (ADM), Nutreco, and Alltech. These companies focus on innovation, sustainability, and strategic acquisitions to expand market share. For instance, Cargill emphasizes R&D in precision nutrition, while Nutreco invests in eco-friendly feed solutions. ADM leverages global supply chains for cost efficiency, and Alltech prioritizes probiotic additives, enhancing animal health and productivity in the competitive market landscape.'Cargill (USA)', 'Archer Daniels Midland Company (ADM) (USA)', 'Nutreco (Netherlands)', 'Alltech (USA)', 'Evonik Industries (Germany)', 'CHS Inc. (USA)', 'ForFarmers (Netherlands)', 'Land O’Lakes (USA)', 'DSM (Netherlands)', 'New Hope Group (China)', 'ZEN-NOH (Japan)', 'Sumitomo Corporation (Japan)', 'Shandong New Hope Liuhe Co., Ltd. (China)', 'BRF S.A. (Brazil)', 'Phibro Animal Health Corporation (USA)'
Increasing global demand for meat and dairy products drives the need for efficient animal feed. As populations grow and incomes rise, consumers seek high-quality protein sources, pushing livestock farming expansion. This surge directly fuels the global animal feed market growth, encouraging innovation in feed formulations and production scalability.
Rise of Precision Nutrition in Feed Formulation: Technological advancements and AI integration are driving precision nutrition in animal feed. Customized formulations based on species, age, and health status are improving feed efficiency and livestock health. This global animal feed market trend supports sustainable farming by reducing waste, enhancing productivity, and minimizing the environmental impact of overfeeding or undernutrition.
What makes North America a Leader in Feed Technology Adoption?
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG30H2033
[email protected]
USA +1 351-333-4748