This Animal Food market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The animal food market size has grown strongly in recent years. It will grow from $277.69 billion in 2024 to $301.09 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to growing pet ownership, animal agriculture, humanization of pets, global meat consumption, regulations and standards.
The animal food market size is expected to see strong growth in the next few years. It will grow to $412.78 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to health and wellness for pets, sustainability and ethical sourcing, customized and personalized diets, digital marketing and e-commerce. Major trends in the forecast period include grain-free and grain-inclusive diets, protein-rich and meat-first formulations, natural and organic pet food, alternative protein sources, functional ingredients.
The animal and pet food market's growth is bolstered by the anticipated stable economic growth in both developed and developing countries. For example, in May 2024, the Organisation for Economic Co-operation and Development (OECD), a France-based intergovernmental organization, forecasted global GDP growth to remain stable at 3.1% in 2024, maintaining the same rate as in 2023. A modest increase to 3.2% is expected in 2025. Furthermore, the recovery of commodity prices, following a significant decline in the historical period, is poised to provide additional impetus to the market's growth. The outlook for developed economies suggests a consistent growth trajectory during the forecast period. Additionally, emerging markets are anticipated to exhibit a slightly faster rate of growth compared to their developed counterparts. This steady economic growth is expected to result in increased investments within the end-user markets, thereby driving the market in the forecast period.
The increasing demand for e-commerce is expected to drive the growth of the animal food market in the future. E-commerce involves the online buying and selling of goods and services, and it provides animal food manufacturers with the opportunity to reach a wider and more diverse customer base, including consumers in remote or underserved areas. This extended market reach has the potential to boost sales and create growth prospects. For example, in August 2023, data from the United States Census Bureau, a government agency in the United States, revealed that e-commerce in the second quarter of 2023 increased by 7.5% compared to the same period in 2022, while overall retail sales grew by 0.6%. Online stores accounted for 15.4% of all sales in the second quarter of 2023. As a result, the expanding influence of e-commerce is fueling the growth of the animal food market.
A growing awareness among both cattle farmers and pet owners regarding the various advantages associated with the use of probiotics for improving animal health is driving an increased utilization of probiotics in animal feed. This trend extends to farm animals, including cattle, horses, ruminants, and poultry. The field of molecular biology and gene sequencing has witnessed significant advancements, enabling researchers to explore new applications of probiotics for animals, encompassing their incorporation into feed and consumer health products. The substantial increase in the adoption of probiotics in animal feed, particularly for farm animals, has yielded positive outcomes in terms of enhancing animal performance, digestive processes, and immune system functions. For example, a US-based company named Bactana Animal Health has successfully secured its initial round of funding to develop a novel strain of Faecalibacterium prausnitzii bacteria, intended for commercial use in livestock.
Prominent companies within the animal food market are actively engaged in introducing innovative products, exemplified by offerings like LALPROBIOME, as part of their strategy to enhance market profitability. LALPROBIOME is a comprehensive product line featuring a diverse range of microbial solutions designed for pet nutrition, showcasing Lallemand's commitment to providing state-of-the-art and effective solutions for animal health. A case in point is Lallemand S.A.S., a Canada-based animal food company, which introduced the LALPROBIOME product line in May 2023. This product range includes a wide array of yeast and bacterial strains that can be incorporated into pet food, treats, and supplements, with the aim of enhancing various aspects of pet health, including immune support, antioxidant enrichment, digestive well-being, and cognitive performance.
Major companies operating in the animal food market include Cargill Incorporated, New Hope Liuhe Co. Ltd., Charoen Pokphand Foods PCL, Bunge Limited, Mitsui, CJ Cheiljedang Corp, Land O'Lakes Inc., ForFarmers NV, Japfa Ltd., Tate & Lyle, Mars Petcare Inc., Nestlé Purina PetCare, ADM Animal Nutrition Inc., Ainsworth Pet Nutrition LLC, Alphia, Hill's Pet Nutrition Inc., Diamond Pet Foods, Blue Buffalo Co.Ltd., Spectrum Brands Inc., WellPet Group, Sunshine Mills Inc., Merrick Pet Care Inc., Simmons Pet Food, C.J. Foods Inc., Tuffy’s Pet Food Inc., Nature’s Variety, AgriProtein, Al Dahra Agricultural Company LLC, Big Heart Pet Brands, Bob Martin Petcare, BOCM Pauls, Ceylon Grain Elevators PLC, Champion Petfoods LP, Devenish Nutrition, Diamond V, Ewos Group AS, H&N International GmbH.
Animal food refers to the nourishment provided to domestic animals, particularly those involved in animal husbandry, with the purpose of serving as a significant source of nutrients in their diet.
The primary categories of animal food include poultry feed, cattle feed, aquaculture feed, and various other types of animal food. Poultry feed is formulated to cater to the dietary requirements of chickens, ducks, geese, and other domestic fowl. The components used in the production of animal food encompass cereals, oilseed meal, supplements, and a variety of other ingredients. These animal food products are made accessible to consumers through a range of distribution channels, including supermarkets, hypermarkets, convenience stores, e-commerce, and others.
The animal food research report is one of a series of new reports that provides animal food statistics, including global market size, regional shares, competitors with animal food share, detailed animal food segments, market trends and opportunities, and any further data you may need to thrive in the animal food industry. This animal food research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Asia-Pacific was the largest region in the animal food market in 2024. Western Europe was the second-largest region in the animal food market. The regions covered in the animal food market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the animal food market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The animal food market consists of sales of fish food, livestock feeds, poultry feeds, bird feeds, earthworm food, rabbit food, and other animal food. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The animal food market size has grown strongly in recent years. It will grow from $277.69 billion in 2024 to $301.09 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to growing pet ownership, animal agriculture, humanization of pets, global meat consumption, regulations and standards.
The animal food market size is expected to see strong growth in the next few years. It will grow to $412.78 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to health and wellness for pets, sustainability and ethical sourcing, customized and personalized diets, digital marketing and e-commerce. Major trends in the forecast period include grain-free and grain-inclusive diets, protein-rich and meat-first formulations, natural and organic pet food, alternative protein sources, functional ingredients.
The animal and pet food market's growth is bolstered by the anticipated stable economic growth in both developed and developing countries. For example, in May 2024, the Organisation for Economic Co-operation and Development (OECD), a France-based intergovernmental organization, forecasted global GDP growth to remain stable at 3.1% in 2024, maintaining the same rate as in 2023. A modest increase to 3.2% is expected in 2025. Furthermore, the recovery of commodity prices, following a significant decline in the historical period, is poised to provide additional impetus to the market's growth. The outlook for developed economies suggests a consistent growth trajectory during the forecast period. Additionally, emerging markets are anticipated to exhibit a slightly faster rate of growth compared to their developed counterparts. This steady economic growth is expected to result in increased investments within the end-user markets, thereby driving the market in the forecast period.
The increasing demand for e-commerce is expected to drive the growth of the animal food market in the future. E-commerce involves the online buying and selling of goods and services, and it provides animal food manufacturers with the opportunity to reach a wider and more diverse customer base, including consumers in remote or underserved areas. This extended market reach has the potential to boost sales and create growth prospects. For example, in August 2023, data from the United States Census Bureau, a government agency in the United States, revealed that e-commerce in the second quarter of 2023 increased by 7.5% compared to the same period in 2022, while overall retail sales grew by 0.6%. Online stores accounted for 15.4% of all sales in the second quarter of 2023. As a result, the expanding influence of e-commerce is fueling the growth of the animal food market.
A growing awareness among both cattle farmers and pet owners regarding the various advantages associated with the use of probiotics for improving animal health is driving an increased utilization of probiotics in animal feed. This trend extends to farm animals, including cattle, horses, ruminants, and poultry. The field of molecular biology and gene sequencing has witnessed significant advancements, enabling researchers to explore new applications of probiotics for animals, encompassing their incorporation into feed and consumer health products. The substantial increase in the adoption of probiotics in animal feed, particularly for farm animals, has yielded positive outcomes in terms of enhancing animal performance, digestive processes, and immune system functions. For example, a US-based company named Bactana Animal Health has successfully secured its initial round of funding to develop a novel strain of Faecalibacterium prausnitzii bacteria, intended for commercial use in livestock.
Prominent companies within the animal food market are actively engaged in introducing innovative products, exemplified by offerings like LALPROBIOME, as part of their strategy to enhance market profitability. LALPROBIOME is a comprehensive product line featuring a diverse range of microbial solutions designed for pet nutrition, showcasing Lallemand's commitment to providing state-of-the-art and effective solutions for animal health. A case in point is Lallemand S.A.S., a Canada-based animal food company, which introduced the LALPROBIOME product line in May 2023. This product range includes a wide array of yeast and bacterial strains that can be incorporated into pet food, treats, and supplements, with the aim of enhancing various aspects of pet health, including immune support, antioxidant enrichment, digestive well-being, and cognitive performance.
Major companies operating in the animal food market include Cargill Incorporated, New Hope Liuhe Co. Ltd., Charoen Pokphand Foods PCL, Bunge Limited, Mitsui, CJ Cheiljedang Corp, Land O'Lakes Inc., ForFarmers NV, Japfa Ltd., Tate & Lyle, Mars Petcare Inc., Nestlé Purina PetCare, ADM Animal Nutrition Inc., Ainsworth Pet Nutrition LLC, Alphia, Hill's Pet Nutrition Inc., Diamond Pet Foods, Blue Buffalo Co.Ltd., Spectrum Brands Inc., WellPet Group, Sunshine Mills Inc., Merrick Pet Care Inc., Simmons Pet Food, C.J. Foods Inc., Tuffy’s Pet Food Inc., Nature’s Variety, AgriProtein, Al Dahra Agricultural Company LLC, Big Heart Pet Brands, Bob Martin Petcare, BOCM Pauls, Ceylon Grain Elevators PLC, Champion Petfoods LP, Devenish Nutrition, Diamond V, Ewos Group AS, H&N International GmbH.
Animal food refers to the nourishment provided to domestic animals, particularly those involved in animal husbandry, with the purpose of serving as a significant source of nutrients in their diet.
The primary categories of animal food include poultry feed, cattle feed, aquaculture feed, and various other types of animal food. Poultry feed is formulated to cater to the dietary requirements of chickens, ducks, geese, and other domestic fowl. The components used in the production of animal food encompass cereals, oilseed meal, supplements, and a variety of other ingredients. These animal food products are made accessible to consumers through a range of distribution channels, including supermarkets, hypermarkets, convenience stores, e-commerce, and others.
The animal food research report is one of a series of new reports that provides animal food statistics, including global market size, regional shares, competitors with animal food share, detailed animal food segments, market trends and opportunities, and any further data you may need to thrive in the animal food industry. This animal food research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Asia-Pacific was the largest region in the animal food market in 2024. Western Europe was the second-largest region in the animal food market. The regions covered in the animal food market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the animal food market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The animal food market consists of sales of fish food, livestock feeds, poultry feeds, bird feeds, earthworm food, rabbit food, and other animal food. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Animal Food Market Characteristics3. Animal Food Market Trends and Strategies4. Animal Food Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market68. Global Animal Food Market Competitive Benchmarking and Dashboard69. Key Mergers and Acquisitions in the Animal Food Market70. Recent Developments in the Animal Food Market
5. Global Animal Food Growth Analysis and Strategic Analysis Framework
6. Animal Food Market Segmentation
7. Animal Food Market Regional and Country Analysis
8. Asia-Pacific Animal Food Market
9. China Animal Food Market
10. India Animal Food Market
11. Japan Animal Food Market
12. Australia Animal Food Market
13. Indonesia Animal Food Market
14. South Korea Animal Food Market
15. Bangladesh Animal Food Market
16. Thailand Animal Food Market
17. Vietnam Animal Food Market
18. Malaysia Animal Food Market
19. Singapore Animal Food Market
20. Philippines Animal Food Market
21. Hong Kong Animal Food Market
22. New Zealand Animal Food Market
23. Western Europe Animal Food Market
24. UK Animal Food Market
25. Germany Animal Food Market
26. France Animal Food Market
27. Italy Animal Food Market
28. Spain Animal Food Market
29. Spain Animal Food Market
30. Austria Animal Food Market
31. Belgium Animal Food Market
32. Denmark Animal Food Market
33. Finland Animal Food Market
34. Ireland Animal Food Market
35. Netherlands Animal Food Market
36. Norway Animal Food Market
37. Portugal Animal Food Market
38. Sweden Animal Food Market
39. Switzerland Animal Food Market
40. Eastern Europe Animal Food Market
41. Russia Animal Food Market
42. Czech Republic Animal Food Market
43. Poland Animal Food Market
44. Romania Animal Food Market
45. Ukraine Animal Food Market
46. North America Animal Food Market
47. USA Animal Food Market
48. Canada Animal Food Market
50. South America Animal Food Market
51. Brazil Animal Food Market
52. Chile Animal Food Market
53. Argentina Animal Food Market
54. Colombia Animal Food Market
55. Peru Animal Food Market
56. Middle East Animal Food Market
57. Saudi Arabia Animal Food Market
58. Israel Animal Food Market
59. Iran Animal Food Market
60. Turkey Animal Food Market
61. United Arab Emirates Animal Food Market
62. Africa Animal Food Market
63. Egypt Animal Food Market
64. Nigeria Animal Food Market
65. South Africa Animal Food Market
66. Animal Food Market Competitive Landscape and Company Profiles
67. Animal Food Market Other Major and Innovative Companies
71. Animal Food Market High Potential Countries, Segments and Strategies
72. Appendix
Executive Summary
Animal Food Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on animal food market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for animal food ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The animal food market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Poultry Feed; Cattle Feed; Aquaculture Feed; Other Animal Food2) By Ingredients: Cereal; Oilseed Meal; Supplements; Other Ingredients
3) By Distribution Channel: Supermarkets/Hypermarkets; Convenience Stores; E-Commerce; Other Distribution Channels
Subsegments:
1) By Poultry Feed: Broiler Feed; Layer Feed; Breeder Feed2) By Cattle Feed: Dairy Cattle Feed; Beef Cattle Feed; Calf Feed
3) By Aquaculture Feed: Fish Feed; Shrimp Feed; Shellfish Feed
4) By Other Animal Food: Swine Feed; Horse Feed; Pet Food for Specialty Animals (Rabbits, Guinea Pigs)
Key Companies Mentioned: Cargill Incorporated; New Hope Liuhe Co. Ltd.; Charoen Pokphand Foods PCL; Bunge Limited; Mitsui
Countries: Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Animal Food market report include:- Cargill Incorporated
- New Hope Liuhe Co. Ltd.
- Charoen Pokphand Foods PCL
- Bunge Limited
- Mitsui
- CJ Cheiljedang Corp
- Land O'Lakes Inc.
- ForFarmers NV
- Japfa Ltd.
- Tate & Lyle
- Mars Petcare Inc.
- Nestlé Purina PetCare
- ADM Animal Nutrition Inc.
- Ainsworth Pet Nutrition LLC
- Alphia
- Hill's Pet Nutrition Inc.
- Diamond Pet Foods
- Blue Buffalo Co.Ltd.
- Spectrum Brands Inc.
- WellPet Group
- Sunshine Mills Inc.
- Merrick Pet Care Inc.
- Simmons Pet Food
- C.J. Foods Inc.
- Tuffy’s Pet Food Inc.
- Nature’s Variety
- AgriProtein
- Al Dahra Agricultural Company LLC
- Big Heart Pet Brands
- Bob Martin Petcare
- BOCM Pauls
- Ceylon Grain Elevators plc
- Champion Petfoods LP
- Devenish Nutrition
- Diamond V
- Ewos Group AS
- H&N International GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 300 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 301.09 Billion |
Forecasted Market Value ( USD | $ 412.78 Billion |
Compound Annual Growth Rate | 8.2% |
Regions Covered | Global |
No. of Companies Mentioned | 38 |