Reports
Sale
Philippines 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
Philippines Animal Feed Market Size
The Philippines animal feed market reached approximately 13.52 million tons in 2023. The market is projected to grow at a CAGR of 2% between 2024 and 2032, reaching a volume of around 16.1 million tons by 2032.
Philippines Animal Feed Market Outlook
- In the fourth quarter of 2023, around 616,809 metric tons of livestock products were produced in the Philippines, supporting the animal feed demand.
- According to the USDA’s Foreign Agricultural Service report, total soybean meal imports for the feed sector in the country are expected to grow 4 per cent in 2024-25.
- A new aquaculture feed production facility, whose cost is estimated to be PHP 30 million, is being developed in the Western Visayas region of the Philippines.
Philippines Animal Feed Market Growth
Rising demand for meat and dairy-based products, growing industrialisation in the livestock sector, and usage of feed additives to enhance the nutritional properties of animal feed are some of the prominent market drivers. The surge in demand for animal-based products is mainly driven by the rise in population and higher disposable incomes, resulting in a rise in per capita meat consumption.
The country is also experiencing a growing need for high-quality feed products due to the growing focus on quality and sustainability. Premium feeds, which are in demand, typically consist of specialised formulas designed to promote health by incorporating amino acids, minerals, and vitamins to improve nutritional value. Furthermore, the importance of environmental sustainability has led to the implementation of methods aimed at reducing the environmental impact of livestock farming. This includes utilising feed ingredients that help in reducing ecological waste.
Philippines Animal Feed Industry Segmentation
“Philippines 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
Philippines Animal Feed Market Share
Based on livestock, the market is divided into pork, aquatic animal, cattle, and poultry, among others. The poultry sector accounts for a substantial market share as chicken is a highly popular meat in the Philippines due to its cost-effectiveness and adaptability in a wide range of culinary dishes. Moreover, unlike pork and cattle, poultry has a shorter production cycle, resulting in more frequent usage of feed for poultry growth, which is another crucial factor aiding the segment expansion.
Leading Companies in the Philippines Animal Feed Market
The market participants are expanding their production capacities to gain a competitive edge in the market.
- Cargill, Incorporated
- Nutreco N.V.
- Alltech Inc.
- Archer Daniels Midland Company
- Charoen Pokphand Foods Public Company Limited
- Vienovo Philippines Inc.
- Premium Feeds Corporation
- De Heus Voeders BV
- General Milling Corporation
- Leong Hup International Berhad
- New Hope Liuhe Co., Ltd.
- 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:
|
| Breakup by Type |
|
| Breakup by Livestock |
|
| Breakup by Raw Material |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*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 Philippines Animal Feed Market Overview
9.1 Key Industry Highlights
9.2 Philippines Animal Feed Historical Market (2018-2023)
9.3 Philippines Animal Feed Market Forecast (2024-2032)
10 Philippines 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 Philippines 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 Philippines 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 for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Cargill, Incorporated
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 Alltech Inc.
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 Archer Daniels Midland Company
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 Charoen Pokphand Foods Public Company Limited
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 Vienovo Philippines Inc.
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 Premium Feeds Corporation
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 De Heus Voeders BV
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 General Milling Corporation
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Leong Hup International Berhad
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 New Hope Liuhe Co., Ltd.
14.2.11.1 Company Overview
14.2.11.2 Product Portfolio
14.2.11.3 Demographic Reach and Achievements
14.2.11.4 Certifications
14.2.12 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
2. Asia Pacific Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
3. Philippines Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
4. Philippines Animal Feed Market: Key Industry Highlights (Million Tons), 2018 and 2032
5. Philippines Animal Feed Historical Market: Breakup by Type (Million Tons), 2018-2023
6. Philippines Animal Feed Market Forecast: Breakup by Type (Million Tons), 2024-2032
7. Philippines Animal Feed Historical Market: Breakup by Type (Million Tons), 2018-2023
8. Philippines Animal Feed Market Forecast: Breakup by Type (Million Tons), 2024-2032
9. Philippines Animal Feed Historical Market: Breakup by Livestock (Million Tons), 2018-2023
10. Philippines Animal Feed Market Forecast: Breakup by Livestock (Million Tons), 2024-2032
11. Philippines Animal Feed Historical Market: Breakup by Livestock (Million Tons), 2018-2023
12. Philippines Animal Feed Market Forecast: Breakup by Livestock (Million Tons), 2024-2032
13. Philippines Animal Feed Historical Market: Breakup by Raw Material (Million Tons), 2018-2023
14. Philippines Animal Feed Market Forecast: Breakup by Raw Material (Million Tons), 2024-2032
15. Philippines Animal Feed Historical Market: Breakup by Raw Material (Million Tons), 2018-2023
16. Philippines Animal Feed Market Forecast: Breakup by Raw Material (Million Tons), 2024-2032
17. Philippines Animal Feed Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate volume of 13.52 million tons.
The market is estimated to grow at a CAGR of 2% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around 16.1 million tons by 2032.
The market is being driven due to rising demand for meat and dairy-based products, growing industrialisation in the livestock sector, and usage of feed additives.
The key trends aiding the market include the growing need for high-quality feed products, the rising importance of environmental sustainability, and innovations in feed milling technology.
Various types of livestock are pork, aquatic animal, cattle, and poultry, among others.
Various types of raw materials are soy, and corn, among others.
The major players in the market are Cargill, Incorporated, Nutreco N.V., Alltech Inc., Archer Daniels Midland Company, Charoen Pokphand Foods Public Company Limited, Vienovo Philippines Inc., Premium Feeds Corporation, De Heus Voeders BV, General Milling Corporation, Leong Hup International Berhad, and New Hope Liuhe Co., Ltd., among others.
Purchase Options 10% off
Call us
Purchase Full Report
Datasheet
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER