The Report “Vietnam Feed Market, by Ingredient Type (Plant-based, Animal-based, and Additives), Livestock Type (Swine, Poultry, Ruminants, and Aquatic Animals) — Vietnam Trends and Forecast to 2021” is estimated to reach $9.52 Billion by 2021, at a CAGR of 5.6% from 2016 to 2021.
Browse 16 market data Tables and 48 Figures spread through 99 Pages of “Vietnam Feed Market” for an in-depth analysis of the industry trends and segments.
The Vietnamese market for animal-based source was valued the highest in 2015
Feed production in Vietnam is largely carried out by using animal by-products such as fishmeal, bone, and blood meal among others. Among these, fishmeal is most widely used and its market is expected to grow at the fastest rate in the next few years. Plant-based ingredients are the second most important source for the production of feed. Fruits & vegetables and grains & oil seeds are predominantly used for the manufacture of feed amongst the plant-based ingredients.
The feed market for swine was the largest in Vietnam In 2015
The market for swine was valued the highest in 2015. In the period of 2006-2016, there has been a continuous upward trend in the production and consumption of swine meat in Vietnam. Pork has the highest consumption share amongst the animal meat consumed by the Vietnamese population. The market for ruminants is projected to grow at the highest CAGR during forecast period. In Vietnam, buffaloes and cattle are the two most important species of ruminants. In terms of production and consumption, poultry is the second-largest segment. The aquaculture feed market is also projected to grow because of the increased focus on aquaculture quality.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies such as Charoen Popkhand Foods PCL (Thailand), Masan Group (Vietnam), Nutreco N.V. (Netherlands), Cargill, Incorporated. (U.S.), Hung Vuong Corporation (Vietnam), Royal De Heus B.V. (Netherlands), Dabaco Group JSC (Vietnam), and Koninklijke DSM N.V. (Netherlands).
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