Animal Feed Market Size

Market Size in USD Bn

CAGR4.7%

Study Period	2025-2032
Base Year of Estimation	2024
CAGR	4.7%
Market Concentration	Medium
Major Players	Cargill, Inc., Archer Daniels Midland Company (ADM), Charoen Pokphand Group (CP Group), Nutreco N.V., New Hope Group and Among Others

*Disclaimer: Major players are listed in no particular order.

*Source: Coherent Market Insights

Want to purchase customized report?
please let us know !

Animal Feed Market Analysis

The animal feed market is estimated to be valued at USD 490.83 Bn in 2025 and is expected to reach USD 676.95 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.7% from 2025 to 2032. The animal feed market is expected to witness positive trends over the next few years. Increasing consumption of meat and dairy products along with rising disposable income levels in developing countries is likely to drive uptake of animal feed.