Home > > Asia And Global Animal Feed Market- Size, Share, Growth Rate, and Forecast
The Asia Animal Feed market was valued at $248.9 Billion in 2023, and is projected to reach $369.4 Billion by 2030 growing at a CAGR of 5.86% from 2024 to 2030. Pellets segment is expected to be the highest contributor to this market, with $126.6 Billion in 2023, and is anticipated to reach $188.0 by 2030, registering a CAGR of 5.87%. Crumbles segment is anticipated to reach $108.6 Billion by 2030 with the highest CAGR of 6.57%. Pellets and Crumbles segments collectively expected to account for about 78.9% share of the Asia Animal Feed market in 2023, with the former constituting around 50.9% share. Crumbles and Pellets segments are expected to witness significant growth rates at a CAGR of 6.57% and 5.87% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 78.9% in the overall Asia Animal Feed market in 2023, and is anticipated to reach 80.3% by 2030. Form Pellets Crumbles Mash Other Forms Animal Type Ruminants Poultry Swine Aquaculture Other Animal Types BY REGION North America US Canada Europe Germany U.k. France Italy Belgium Rest of Europe Asia China Japan South Korea Indonesia India Rest of Asia Middle East Africa Brazil Mexico Turkey Rest of Middle East Africa