Animal Feed Market Size, Share, and Industry Analysis By Type (Poultry, Cattle, Swine, Aqua, and Pet), By Additives (Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Acidifiers, and Others), and Regional Forecast till 2032

The global animal feed market is expanding due to rising demand for animal protein and advancements in feed technology. The U.S. Department of Agriculture states that both 5,200 million bushels of corn and 36 million tons of soybean meal were used in animal feed across the United States in 2024. An increase in feed efficiency comes from innovations involving probiotics and enzymes. As the National Agricultural Statistics Service reports, the amount of compound feed produced in the U.S. in 2024 was 225 million tons. Urbanization and population growth play important roles in boosting the growth of the market.

Animal Feed Market Driver

Rising Meat and Dairy Consumption Spurs Demand for Advanced Animal Feed

As people around the world consume more meat, dairy, and poultry, better animal feed is required. There are 6,200 registered animal feed manufacturers in the U.S. as reported by the U.S. Food and Drug Administration, showing how strong the industry is. Adding amino acids and vitamins as additives in animal feed benefits their health and boosts productivity. 620 feed additives were approved by the EU according to European Food Safety Authority, highlighting how the EU supports innovations in feed. All these elements together boost the market’s expansion, with the highest demand coming from North America and Asia Pacific.

Animal Feed Market Restraint

Input Cost Volatility and Regulations Challenge Feed Market Growth

Because prices for corn and soybean meal fluctuate, it is difficult for feed producers. Based on U.S. Department of Agriculture figures, corn used to feed animals reached 5,200 million bushels in 2024 and is thus a major and unstable input. With strict regulations, the FDA also inspects 4,100 feed mills in 2024, which limits the how fast the industry can advance. According to the European Commission, problems in supply chains increase the costs for companies. These challenges slow the expansion of the market, mainly for small and medium-sized feed manufacturers who have very little income left after covering costs.

Animal Feed Market Opportunity

Sustainable and Precision Feed Solutions Unlock Growth Potential

Using insect-based and plant-based ingredients for feed creates many chances for growth. Data from the Food and Agriculture Organization indicate that Asia Pacific accounts for much of the aquaculture feed production with 910 feed mills operational. Technologies for nutrition are being used more often to customize animal feeds. According to the European Union, in 2024, there were 290 organic livestock feed certifications given due to changing habits among customers. These movements support sustainability goals worldwide and offer promising results in the future for new innovators.

Segmentation

Key Insights

The report covers the following key insights:

• Key Industry Trends
• Regulatory Landscape across Key Regions
• Recent Major Developments in the Market
• Growth Opportunities and Challenges

Analysis By Type

By Type, the Animal Feed Market is divided into Poultry, Cattle, Swine, Aqua, Pet. 

People’s love for chicken along with good rates of feed usage mean the poultry segment is the largest in the market. Based on data from the U.S. Department of Agriculture, 198,000 farms using commercial feed in the U.S., with poultry taking a major part. The swine sector is seeing more growth, mainly in Asia Pacific, since pork is enjoying growing popularity there. Based on the Food and Agriculture Organization, the compound feed consumption of Asia’s livestock reached 3,200 million in 2024.

Analysis By Additives

By Additives, the Animal Feed Market is divided into Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Acidifiers & Others. 

Vitamins are the main part of the additives segment because they are vital for animal feeding. The FDA has registered 87 feed additives in the U.S., and among them, vitamins are used the most. Amino acids are getting attention, especially because they are used in advanced feeding strategies. In 2024, EU authorities approved 115 feed veterinary products, indicating that support for new additives is official.

Regional Analysis

Based on geography, the market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

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The largest part of the animal feed market is located in North America, mainly contributed by the U.S. It was reported by the National Agricultural Statistics Service that the U.S. produced more than 225 million tons of compound feed in 2024. The region has modern feed technologies and produces a lot of livestock, as FDA data shows there are 6,200 registered feed manufacturers within it. The USDA reports that corn and soybean meal are the main feeds, and each year they use about 5,200 million bushels of corn for them. Meeting quality standards is made possible by the FDA, who inspects more than 4,000 feed mills annually. There are also 580 factories in the pet food sector operating robustly. Thanks to these elements, North America is considered a developed and ever-evolving market for innovations in animal feed.

The European Union is the second biggest animal feed producer, having produced about 275 million tons of compound feed in 2024, according to the European Feed Manufacturers' Federation. The region pays great attention to sustainability, resulting in 290 organic feed certificates being issued in 2024, according to the EU. Many strict laws cover additives, and the European Food Safety Authority has approved 620 of them. FAMI-QS certified 1,900 feed mills to uphold high levels of safety. Leading product of Germany, France, and Spain is supported by research funding, with Horizon Europe sponsoring 32 feed projects to help. In every year, the EU sent out 14 million tons of feed to the rest of the world, demonstrating its strong place in the world market. The goal of eco-friendly initatives in Europe supports the development of the market in the future.

Growth in the animal feed market is fastest in Asia Pacific, especially because China produces 260 million tons each year (National Bureau of Statistics of China). According to FAO, 3,200 million animals in the region are given compound feed. There are 1,600 times more feed manufacturers in India than in the 680 feed mills found in Southeast Asia’s aquaculture industry. As meat and industrial use of corn increase, due to 155 million tons being used in animal feed each year, the demand rises (Indian Ministry of Agriculture). At the same time, rules are not identical across the region, as 340 feed safety inspections took place. Asia’s speeding population growth and the expansion of the middle class create steady demand for feed in the global market.

Key Players Covered

The report includes the profiles of the following key players:

• Archer Daniels Midland Company (U.S.)
• BASF SE (Germany)
• Land O Lakes Purina (U.S.)
• Nutreco N.V. (Netherlands)
• Cargill Inc. (U.S.)
• Kemin Industries, Inc. (U.S.)
• ANOVA Group (U.S.)
• ADM (U.S.)
• Chr. Hansen Holding (Denmark)
• Alltech, Inc (U.S.)

Key Industry Developments

• In February 2025, Novonesis obtained DSM-Firmenich’s share in the Feed Enzyme Alliance, which improved its standing in the animal bio-solution business.
• In November 2024, Granite Creek Capital Partners helped the management buyout of Global Animal Products, which improved the company’s feed additives product line.
• In October 2024, the acquisition of Zoetis’ medicated feed additive product line by Phibro Animal Health Corporation grew its products for livestock health.