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Indonesia Animal Feed Market Size, Share, Trends, Growth: By Type: Fodder and Forage, Compound Feed; By Livestock: Pork, Aquatic Animal, Cattle, Poultry, Others; By Raw Material: Soy, Corn, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators of Price; Competitive Landscape; 2024-2032
Indonesia Animal Feed Market Size
The Indonesia animal feed market is projected to grow at a CAGR of 6.00% between 2024 and 2032.
Indonesia Animal Feed Market Outlook
- As of 2023, there are approximately 110 feed mills in the ten provinces of Indonesia, supporting the demand for animal feed.
- As per the industry reports, the livestock sector contributed around 4.5 per cent to the Indonesian GDP in 2021, creating a lucrative landscape for animal feed.
- ADM, a provider of animal nutrition, announced in December 2023 that it is set to acquire PT Trouw Nutrition Indonesia, a nutritional solutions company for livestock farming.
Indonesia Animal Feed Market Growth
Some of the influential market drivers are the growing demand for animal-based protein in Indonesia, the growth of the dairy sector, and innovations in feed formulations to incorporate vitamins, and minerals, among other nutrients, to meet the specific dietary requirements of animals.
With the rising demand for livestock products, the country's cattle-rearing practices have witnessed a surge. Moreover, there is an increased focus on the expansion of the industrial farms which is boosting the demand for high-end feed products that can aid the livestock development.
The increased utilisation of automation and advanced machinery in the Indonesian market can enhance the productivity of feed production as well as its quality, ensuring that the farm animals get the highest quality of feed products, consequently leading to the production of high-value dairy, poultry, and other animal protein products.
Indonesia Animal Feed Industry Segmentation
“Indonesia Animal Feed Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Fodder and Forage
- Compound Feed
Market Breakup by Livestock
- Pork
- Aquatic Animal
- Cattle
- Poultry
- Others
Market Breakup by Raw Material
- Soy
- Corn
- Others
Indonesia Animal Feed Market Share
Based on livestock, the market is divided into pork, aquatic animal, cattle, and poultry, among others. The poultry sector is expected to account for a major market share as chicken is the most prominent livestock animal in the country . The rise of broiler production combined with the growing efforts of manufacturers to offer a balanced diet to poultry animals at different stages of their life and ensure their proper development are also major factors boosting the poultry segment growth in the country.
Leading Companies in the Indonesia Animal Feed Market
The market players are developing sustainable animal feed products to mitigate the environmental impact of feed production.
- Alltech Inc.
- Nutreco N.V.
- Archer-Daniels-Midland Company
- New Hope Liuhe Co., Ltd.
- De Heus Voeders BV
- Cargill, Incorporated
- PT Japfa Comfeed Indonesia Tbk.
- Leong Hup International Berhad
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Livestock |
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| Breakup by Raw Material |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Animal Feed Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Animal Feed Historical Market (2018-2023)
8.3 Asia Pacific Animal Feed Market Forecast (2024-2032)
9 Indonesia Animal Feed Market Overview
9.1 Key Industry Highlights
9.2 Indonesia Animal Feed Historical Market (2018-2023)
9.3 Indonesia Animal Feed Market Forecast (2024-2032)
10 Indonesia Animal Feed Market by Type
10.1 Fodder and Forage
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Compound Feed
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Indonesia Animal Feed Market by Livestock
11.1 Pork
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Aquatic Animal
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Cattle
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Poultry
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Indonesia Animal Feed Market by Raw Material
12.1 Soy
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Corn
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators of Demand
13.4 Key Indicators of Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Alltech Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Nutreco N.V.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Archer-Daniels-Midland Company
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 New Hope Liuhe Co., Ltd.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 De Heus Voeders BV
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Cargill, Incorporated
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 PT Japfa Comfeed Indonesia Tbk.
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Leong Hup International Berhad
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Animal Feed Market: Key Industry Highlights (USD Million), 2018 and 2032
2. Asia Pacific Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
3. Indonesia Animal Feed Market: Key Industry Highlights (USD Million), 2018 and 2032
4. Indonesia Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
5. Indonesia Animal Feed Historical Market: Breakup by Type (USD Million), 2018-2023
6. Indonesia Animal Feed Market Forecast: Breakup by Type (USD Million), 2024-2032
7. Indonesia Animal Feed Historical Market: Breakup by Type (Million Tons), 2018-2023
8. Indonesia Animal Feed Market Forecast: Breakup by Type (Million Tons), 2024-2032
9. Indonesia Animal Feed Historical Market: Breakup by Livestock (USD Million), 2018-2023
10. Indonesia Animal Feed Market Forecast: Breakup by Livestock (USD Million), 2024-2032
11. Indonesia Animal Feed Historical Market: Breakup by Livestock (Million Tons), 2018-2023
12. Indonesia Animal Feed Market Forecast: Breakup by Livestock (Million Tons), 2024-2032
13. Indonesia Animal Feed Historical Market: Breakup by Raw Material (USD Million), 2018-2023
14. Indonesia Animal Feed Market Forecast: Breakup by Raw Material (USD Million), 2024-2032
15. Indonesia Animal Feed Historical Market: Breakup by Raw Material (Million Tons), 2018-2023
16. Indonesia Animal Feed Market Forecast: Breakup by Raw Material (Million Tons), 2024-2032
17. Indonesia Animal Feed Market Structure
Key Questions Answered in the Report
The market is estimated to grow at a CAGR of 6.00% between 2024 and 2032.
The market is being driven due to growing demand for animal-based protein in Indonesia, the growth of the dairy sector, and innovations in feed formulations.
The key trends aiding the market include rising demand for livestock products, expansion of industrial farms, and increased utilisation of automation and advanced machinery.
Based on type, market segmentations include fodder and forage and compound feed.
Various types of livestock are pork, aquatic animal, cattle, and poultry, among others.
Poultry segment accounts for a major share of the market.
There were around 110 feed mills in Indonesia in 2023.
The major players in the market are Alltech Inc., Nutreco N.V., Archer-Daniels-Midland Company, New Hope Liuhe Co., Ltd., De Heus Voeders BV, Cargill, Incorporated, PT Japfa Comfeed Indonesia Tbk., and Leong Hup International Berha, among others.
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