DUBLIN--(BUSINESS WIRE)--The "Vietnam Animal Feed Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
The Vietnam Animal feed market is expected to grow at a compound annual growth rate of 5.06% over the forecast period to reach a market size of US$12.270 billion in 2025 from US$9.124 billion in 2019.
According to the OECD, Vietnam continues to be one of the world's top per-capita consumers of pork ranking third in Asia after China and Korea. The Vietnamese hog industry has developed rapidly since the 1990s to meet this demand and is the key driver of the local feed industry.
After the swine price crash crisis in 2017, small and medium farms took time to rebound, whereas the larger companies following an integrated business model (feed- farm- food, or "3F") that took advantage of cost-effective supply chains and either expanded their presence or entered the market. The recovery of the sector was seen in 2018. According to the Vietnam Ministry of Agriculture and Rural Development (MARD), commercial farming of livestock and poultry was estimated at 40% and 48%, respectively.
However, African swine fever (ASF), which hit the northern provinces of Vietnam in February 2019 subsequently spread to the southern provinces in May 2019, has considerably affected the livestock industry. As a result, many small and household swine farms ceased to function, and the adjustment of choosing the source of protein in dietary patterns of the consumer as well as increased shopping patterns in modern retail chains.
Therefore, the aforesaid dynamics led to the livestock industry led to the contraction of the Vietnamese feed industry in 2019 that is estimated to remain stagnant during 2020 due to the risk of a resurgence of ASF.
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Vietnam Animal Feed Market By Type
5.1. Introduction
5.2. Fodder
5.3. Forage
5.4. Compound Feed
6. Vietnam Animal Feed Market By Livestock
6.1. Introduction
6.2. Cattle
6.3. Swine
6.4. Poultry
6.5. Aquatic Animals
6.6. Others
7. Vietnam Animal Feed Market By Source
7.1. Introduction
7.2. Organic
7.3. Conventional
8. Vietnam Animal Feed Market By Form
8.1. Introduction
8.2. Liquid
8.3. Dry
9. Vietnam Animal Feed Market By Production Systems
9.1. Introduction
9.2. Integrated
9.3. Commercial mills
10. Vietnam Animal Feed Market By Raw Material
10.1. Introduction
10.2. Cereals & grains
10.2.1. Wheat
10.2.2. Maize
10.2.3. Barley
10.3. Oilseeds
10.3.1. Soybean
10.3.2. Rapeseed
10.3.3. Others
10.4. Pulses
10.5. Others
11. Competitive Environment and Analysis
11.1. Major Players and Strategy Analysis
11.2. Emerging Players and Market Lucrativeness
11.3. Mergers, Acquisitions, Agreements, and Collaborations
11.4. Vendor Competitiveness Matrix
12. Company Profiles
12.1. CP Vietnam Livestock Corporation
12.2. Proconco Group
12.3. Dabaco Group
12.4. D&B Hoovers
12.5. Asia Nutrition Technologies
12.6. Cargill, Incorporated
12.7. New Hope Group
12.8. Alltech
12.9. Archer Daniels Midland
For more information about this report visit https://www.researchandmarkets.com/r/9c5qvf
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