Vietnam Feed Additives Market- Trend Analysis & Forecasts

Market/ Product Overview

The feed additives market in Vietnam is expanding on the back of a rapidly growing livestock industry, which accounted for over **% of the country’s total agricultural output in 2023, according to the General Statistics Office (GSO). With a population exceeding 100 million and an average per capita meat consumption of 61.4 kg in 2023, the country is witnessing an upsurge in demand for poultry, pork, and aquaculture products, all of which heavily rely on nutritional feed additives. As of 2024, feed production volume exceeded ** million tonnes, with compound feed dominating more than 80% of this output. Feed additives—such as amino acids, enzymes, probiotics, and antioxidants—are essential in enhancing animal growth, immunity, and feed efficiency.

Regulatory efforts have further supported this growth. The Ministry of Agriculture and Rural Development (MARD) has implemented stricter guidelines on antibiotic use in feed, compelling producers to shift toward safer alternatives like phytogenics and organic acids. Domestic firms such as GreenFeed Vietnam and Proconco, alongside multinational players like Cargill and ADM, are ramping up their capacities and launching new product lines tailored to the Vietnamese livestock market. As Vietnam positions itself as a regional livestock and aquaculture export hub, the demand for high-quality, performance-driven feed additives is expected to rise consistently.

Significance of Vietnam in Global Feed Additives Supply Chain

Vietnam plays a strategic role in the global feed additives value chain as both a high-demand consumer and a potential regional distribution hub. With Southeast Asia accounting for nearly 12% of the global feed additives consumption in 2024, Vietnam stood out by contributing close to 3% of global demand, a figure that is expected to double by 2032. The country’s robust aquaculture sector, which produced over 9 million tonnes of aquatic products in 2024, requires substantial quantities of functional feed, including enzymes, binders, and immunity boosters.

Vietnam’s growing trade agreements—such as the EVFTA (EU-Vietnam Free Trade Agreement) and RCEP (Regional Comprehensive Economic Partnership)—have strengthened its supply chain connectivity. These treaties enable smoother imports of feed premixes, raw materials, and additives from top-producing countries like China, the EU, and the U.S., while enhancing the export potential of locally manufactured feed solutions to neighboring ASEAN countries. Vietnam’s central location, expanding logistics infrastructure, and increasing foreign direct investment in agribusiness (estimated at over US$ ** million in 2024) solidify its role as a vital node in the global feed additives network.

Vietnam Feed Additives Supply & Demand Trend

Demand for feed additives in Vietnam is driven by growth across livestock, poultry, and aquaculture segments. In 2024, the swine sector alone required over ** million tonnes of feed, followed by poultry at ** million tonnes and aquaculture at ** million tonnes. These volumes correlate with surging demand for performance-enhancing additives. Enzymes accounted for **% of total feed additive use, followed by amino acids at **% and acidifiers at **%. The transition away from antibiotic growth promoters has led to a **% year-on-year rise in the adoption of probiotic and phytogenic additives.

On the supply side, Vietnam is still reliant on imports for 60–70% of its feed additive needs, especially high-value segments like vitamins, amino acids, and specific enzyme blends. China remains the top supplier, accounting for nearly US$ ** million worth of feed additive exports to Vietnam in 2024. However, local capacity is rising. Companies such as Vinh Hoan Feed and Anova Feed have invested in domestic blending and formulation units, collectively expanding production by over 25% in 2023. Despite these efforts, challenges like raw material price volatility, limited local R&D, and fragmented distribution persist, affecting stable supply chain development.

Vietnam Feed Additives Market Growth Factors

Vietnam Feed Additives Market Segmentation

The Vietnam feed additives market can be segmented by product type, livestock type, and form. By product type, amino acids (lysine, methionine, threonine) led the market in 2024 with a **% revenue share, driven by their critical role in enhancing feed efficiency and meat quality. Enzymes (proteases, carbohydrases) followed closely, especially popular in poultry and aquaculture due to their benefits in nutrient digestion and gut health. Acidifiers and mycotoxin binders are witnessing rapid adoption, with growth rates of 8–9% annually, as producers shift away from antibiotics.

By livestock type, the swine segment dominated the market with a **% share in 2024, supported by Vietnam’s large pig population, which stood at 29.4 million heads. The poultry segment followed with **%, fueled by increased egg and broiler production. Aquaculture, particularly pangasius and shrimp farming, accounted for **%, with strong additive demand to maintain water quality and boost feed conversion.

On the basis of form, dry additives such as premixes and granules dominated, while liquid additives saw uptake in intensive poultry and swine farms. This segmentation reflects the evolving preferences of commercial feed manufacturers and end-users in optimizing animal nutrition. Synthetic additives represented over **% of the market, while natural and organic variants are gaining traction, projected to grow at 8.5% CAGR due to consumer preference for chemical-free proteins.

Vietnam Feed Additives Trade (Export & Import) Trend

Vietnam’s feed additives trade ecosystem is largely import-driven, with the country sourcing over US$ ** million worth of additives in 2024. China remained the largest supplier, contributing nearly **% of total imports, followed by Thailand (**%), the Netherlands (**%), and the United States (**%). Import tariffs vary between 0% and 5% under WTO and bilateral trade agreements, with specific exemptions for additives classified under livestock development programs.

Vietnam’s export of feed additives is nascent but growing. In 2024, exports were valued at US$ ** million, primarily targeting Cambodia, Laos, and Myanmar. These markets import locally blended premixes and natural phytogenic products, reflecting Vietnam’s emerging manufacturing capabilities. The signing of the RCEP and CPTPP has opened avenues for expanding exports to broader Asia-Pacific markets. However, stringent regulatory requirements and product registration delays continue to limit export scalability.

Domestic regulations under Decree 13/2020/ND-CP govern additive importation and use, requiring mandatory quality certification. Though designed to enhance safety, the complex and time-consuming approval process often delays product launches and supply chain integration. Nevertheless, Vietnam's liberalizing trade posture and ongoing investment in port infrastructure (e.g., Long An International Port expansion in 2024) are expected to boost trade efficiency.

Influence of Vietnam in Global Feed Additives Price

Although Vietnam is not a dominant price setter globally, it has growing influence on regional pricing dynamics in Southeast Asia, especially in aquaculture additives. For example, the average CIF (Cost, Insurance, and Freight) price for imported fish feed enzymes dropped by 11% between 2020 and 2024 due to rising bulk purchases by Vietnamese aquafeed manufacturers.

Domestic wholesale prices of common additives such as vitamin C and acidifiers saw a 7–9% increase in 2023, driven by rising transport and energy costs. Seasonal disease outbreaks like ASF (African Swine Fever) also cause temporary surges in additive demand, impacting short-term prices regionally. Vietnam’s participation in large-scale procurement contracts and its increasingly centralized feed production gives it moderate leverage in negotiating import prices, particularly from regional suppliers in China and ASEAN.

Market Competitive Landscape

Future Outlook

The Vietnam feed additives market is poised for sustained growth, projected to reach US$ ** million by 2032. This expansion will be underpinned by rising animal protein consumption, large-scale farm consolidation, and increasing demand for antibiotic-free and traceable meat. Technological advancements, growing private sector R&D, and international collaboration will boost innovation in additive formulations.

The government’s continued push for modernization and stricter safety norms will reshape procurement and usage patterns across feed producers. Moreover, regional integration via trade agreements and logistics upgrades will enhance Vietnam’s role in both sourcing and exporting value-added feed solutions. While challenges like price volatility and fragmented distribution persist, the overall outlook remains optimistic, with ample opportunities for investors and innovators in the animal nutrition space.