The Vietnam feed concentrate and base mix market is projected to grow at a CAGR of 4.40% between 2025 and 2034. The market is being driven by the rising consumption of meat and dairy products in Vietnam.
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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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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.
Vietnam Feed Concentrate and Base Mix Industry Segmentation
“Vietnam Feed Concentrate and Base Mix Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:Market Breakup by Feed Type:
- Concentrate_x000D_ _x000D_ Protein Feed _x000D_ Energy Feed _x000D_ _x000D_
- Concentrate_x000D_ _x000D_ Protein Feed _x000D_ Energy Feed _x000D_ _x000D_
- Basemix
- Basemix
Market Breakup by Animal Type:
- Ruminant
- Poultry
- Swine
- Companion Animals
Market Breakup by Region:
- Southeast
- Red River Delta
- Mekong River Delta
- South Central Coast
- Others
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
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Asia Pacific Feed Concentrate and Base Mix Market Overview
6 Vietnam Feed Concentrate and Base Mix Market Overview
7 Vietnam Feed Concentrate and Base Mix Market by Feed Type
8 Vietnam Feed Concentrate and Base Mix Market by Animal Type
9 Vietnam Feed Concentrate and Base Mix Market by Region
10 Market Dynamics
11 Competitive Landscape
Companies Mentioned
- Cargill Inc.
- SHV Holdings N.V. (Nutreco)
- Avril Group (Mixscience)
- Dachan Food Asia Ltd.