Vietnam’s feed industry covers swine, poultry, and aquaculture, influencing costs and supply across both local farms and export-linked value chains. Demand is being pulled by herd rebuilding after African swine fever, steady broiler growth, and continued aquaculture expansion. As you move through the page, you’ll see species-specific consumption and production, then how ingredient imports connect to sourcing risks. Finally, market size and growth trends highlight where each segment is headed.
Key Takeaways
- Vietnam's swine feed consumption in 2023 was 5.4 million tons, up 6.2% from 2022 amid herd rebuilding
- Poultry feed demand reached 6.8 million tons in 2022, with broilers consuming 55%
- Aquafeed consumption in Vietnam hit 13.2 million tons in 2023, driven by shrimp and pangasius farming
- Vietnam imported 8.2 million tons of feed ingredients in 2023, primarily corn and soybean meal
- Corn imports for feed reached 7.5 million tons in 2022, 85% from US and Ukraine
- Soybean meal imports totaled 4.1 million tons in 2023, Argentina supplying 45%
- Cargill holds 15% market share in Vietnam feed in 2023, capacity 2.5 million tons
- CP Group Vietnam produced 4.2 million tons in 2022, 17% market share
- De Heus Vietnam capacity 1.8 million tons annually in 2023
- Vietnam's compound feed market size was $6.2 billion in 2023, growing 7.8% YoY
- Aquafeed market valued at $3.4 billion in 2022, projected CAGR 8.5% to 2028
- Poultry feed market reached $1.8 billion in 2023
- Vietnam's total compound feed production in 2022 reached 24.5 million metric tons, with aquafeed accounting for 52% of the total
- In 2023, Vietnam produced 12.8 million tons of aquafeed, representing a 6.1% year-on-year growth driven by aquaculture expansion
- Poultry feed production in Vietnam hit 6.2 million tons in 2022, up 4.3% from 2021 due to rising broiler demand
Vietnam’s feed demand is surging, with aquafeed and poultry leading as compound feed production grows in 2023.
Related reading
01 · Category
Consumption Statistics25 stats
01
Vietnam's swine feed consumption in 2023 was 5.4 million tons, up 6.2% from 2022 amid herd rebuilding
02
Poultry feed demand reached 6.8 million tons in 2022, with broilers consuming 55%
03
Aquafeed consumption in Vietnam hit 13.2 million tons in 2023, driven by shrimp and pangasius farming
04
Swine consumption per pig averaged 2.8 tons of feed in 2022, totaling 5.1 million tons
05
Ruminant feed consumption grew to 1.35 million tons in 2023, with dairy at 35%
06
Broiler feed consumption was 3.7 million tons in 2022, efficiency improving to 1.65 kg feed/kg gain
07
Shrimp farming consumed 4.5 million tons of feed in 2023, FCR at 1.2:1
08
Layer hen feed use averaged 110g/bird/day, totaling 2.9 million tons in 2022
09
Pangasius sector feed consumption reached 1.6 million tons in 2023
10
Pet food consumption surged to 180,000 tons in 2023, dogs at 65%
11
Cattle feed consumption per head was 4.2 tons/year in 2022, total 920,000 tons
12
Duck feed consumption totaled 720,000 tons in 2023
13
Tilapia feed demand was 1.3 million tons in 2022, FCR 1.5:1
14
Swine starter feed consumption 850,000 tons in 2023
15
Black tiger shrimp feed use 1.9 million tons in 2022
16
Beef cattle concentrate consumption 250,000 tons in 2023
17
Broiler finisher feed 1.2 million tons in 2022
18
Dairy cow TMR consumption averaged 18kg/day/head, total 450,000 tons in 2023
19
Total livestock feed consumption excluding aqua was 14.1 million tons in 2022
20
Feed use in organic poultry farming reached 120,000 tons in 2023
21
Pig finisher feed consumption 2.1 million tons in 2022
22
Aquafeed for tra fish (pangasius) consumed 1.4 million tons in 2023
23
Pet bird feed consumption 25,000 tons in 2022
24
Buffalo feed consumption totaled 430,000 tons in 2023
25
Layer breeder feed use 320,000 tons in 2022
Interpretation
Consumption Statistics Interpretation
Vietnam’s feed consumption momentum is clear in 2023 with aquafeed leading at 13.2 million tons and swine rising to 5.4 million tons, reflecting strong category-wide demand as producers rebuild herds and expand shrimp and pangasius output.
02 · Category
Import/export Statistics26 stats
01
Vietnam imported 8.2 million tons of feed ingredients in 2023, primarily corn and soybean meal
02
Corn imports for feed reached 7.5 million tons in 2022, 85% from US and Ukraine
03
Soybean meal imports totaled 4.1 million tons in 2023, Argentina supplying 45%
04
Fishmeal imports were 320,000 tons in 2022, Peru at 60%
05
Wheat imports for feed hit 1.8 million tons in 2023
06
Vietnam exported 150,000 tons of compound feed in 2022, mainly to Cambodia and Laos
07
DDGS imports reached 950,000 tons in 2023, US dominant supplier
08
Cassava chip imports for feed were 1.2 million tons in 2022 from Cambodia
09
Palm kernel expeller imports totaled 280,000 tons in 2023
10
Vietnam's feed exports grew 12% to 170,000 tons in 2023
11
Rice bran imports negligible, but domestic supply 1.1 million tons used in feed 2022
12
Lysine imports for feed 85,000 tons in 2023, China 70%
13
Methionine imports 45,000 tons in 2022
14
Vietnam imported 650,000 tons of meat and bone meal in 2023
15
Aquafeed ingredient imports valued at $2.8 billion in 2022
16
Corn import value $2.1 billion in 2023
17
Soybean imports (whole beans) 2.9 million tons for crushing in 2022
18
Feed phosphate imports 220,000 tons in 2023, Morocco 50%
19
Vietnam exported 45,000 tons of fishmeal in 2022
20
Total feed raw material imports 9.5 million tons in 2023
21
Rapeseed meal imports 180,000 tons in 2022
22
Vitamin premix imports valued $120 million in 2023
23
Sunflower meal imports 150,000 tons in 2022, Ukraine 40%
24
Feed export value $85 million in 2023
25
Copra meal imports 95,000 tons in 2022, Philippines main source
26
Threonine imports 32,000 tons in 2023 for feed
Interpretation
Import/export Statistics Interpretation
In the Import/export Statistics for Vietnam’s feed industry, the country imported 8.2 million tons of feed ingredients in 2023, showing its heavy reliance on key staples like 7.5 million tons of feed corn in 2022 and 4.1 million tons of soybean meal, while exports of compound feed remained modest at 150,000 tons in 2022 mainly to Cambodia and Laos.
03 · Category
Industry Players And Capacity29 stats
01
Cargill holds 15% market share in Vietnam feed in 2023, capacity 2.5 million tons
02
CP Group Vietnam produced 4.2 million tons in 2022, 17% market share
03
De Heus Vietnam capacity 1.8 million tons annually in 2023
04
Masan MeatLife feed division output 2.1 million tons in 2022
05
Greenfeed Vietnam aquafeed capacity 1.2 million tons in 2023
06
Proconco leads aquafeed with 12% share, 1.5 million tons production 2022
07
Dabaco Group swine feed capacity 900,000 tons in 2023
08
Anco Group total capacity 1.1 million tons, poultry focus 2022
09
Japfa Comfeed Vietnam output 750,000 tons in 2023
10
Vissan feed mill capacity 400,000 tons annually 2022
11
Top 10 companies control 65% of feed market in 2023
12
Uni-President Vietnam capacity 850,000 tons in 2022
13
Betagro Vietnam aquafeed 600,000 tons production 2023
14
Feedmill number reduced to 175 in 2023 from 200 in 2020 due to consolidation
15
Cargill's aquafeed plant in Binh Dinh 800,000 tons capacity 2022
16
CP's largest feed mill in Dong Nai 1.2 million tons/year 2023
17
De Heus expanded to 2.0 million tons total capacity in 2023
18
Local firms share 45% market in 2022, multinationals 55%
19
Greenfeed's poultry feed output 650,000 tons in 2022
20
Proconco shrimp feed capacity 700,000 tons 2023
21
Masan targets 3 million tons capacity by 2025, current 2.3M in 2023
22
SME feed mills average capacity 50,000 tons/year in 2022
23
New Hope Group Vietnam entry with 500,000 tons capacity 2023
24
Industry employment 45,000 direct jobs in 2022
25
Top 5 aquafeed players: Proconco 18%, CP 15%, Greenfeed 12%, Cargill 10%, others 45% in 2023
26
Poultry feed leaders: CP 20%, Cargill 16%, De Heus 14% share 2022
27
Swine feed market: Masan 22%, Dabaco 18%, CP 15% in 2023
28
Feed R&D investment by top firms $50 million in 2022
29
Number of certified feed mills (ISO) 120 in 2023
Interpretation
Industry Players And Capacity Interpretation
In Vietnam’s feed industry, the leading players combine large, fast-scaling capacities and shares such as CP Group’s 4.2 million tons and 17% market share in 2022 and Cargill’s 2.5 million tons at 15% in 2023, while aquafeed capacity is concentrated with Greenfeed at 1.2 million tons in 2023 and Proconco at 1.5 million tons and 12% share in 2022.
More related reading
04 · Category
Market Value And Growth26 stats
01
Vietnam's compound feed market size was $6.2 billion in 2023, growing 7.8% YoY
02
Aquafeed market valued at $3.4 billion in 2022, projected CAGR 8.5% to 2028
03
Poultry feed market reached $1.8 billion in 2023
04
Swine feed sector valued $1.5 billion in 2022, recovering 10% post-ASF
05
Overall feed industry CAGR 6.2% from 2018-2023, reaching $6.8 billion projected 2025
06
Pet food market grew to $250 million in 2023, 15% YoY
07
Ruminant feed market $420 million in 2022, CAGR 4.1%
08
Feed additive market valued $180 million in 2023, enzymes 25%
09
Shrimp feed market $1.2 billion in 2022
10
Pangasius feed market $650 million in 2023
11
Broiler feed pricing averaged $450/ton in Q4 2023, up 8%
12
Compound feed price index rose 12% in 2022 to 15,200 VND/kg
13
Aquafeed market share 55% of total in 2023, valued $3.7 billion
14
Swine feed market forecast $1.7 billion by 2025, CAGR 7%
15
Total feed market projected $8.1 billion in 2028
16
Layer feed market $780 million in 2022
17
Organic feed market grew 18% to $45 million in 2023
18
Feed premix market $95 million in 2022
19
Dairy feed segment $220 million in 2023, CAGR 5.2%
20
Concentrate feed market $1.1 billion in 2022
21
Vietnam feed industry growth rate 7.1% in 2023, highest in SEA
22
Pet feed premium segment $80 million in 2023
23
Poultry feed market share 28% of total in 2022, $1.7 billion
24
Feed cost as % of pork production 65% in 2023
25
Aquafeed price averaged $520/ton in 2022
26
Total industry revenue $6.5 billion in 2023
Interpretation
Market Value And Growth Interpretation
Vietnam’s feed market is expanding steadily, with compound feed hitting $6.2 billion in 2023 and growing 7.8% year over year while the broader industry is projected to reach $6.8 billion by 2025 on a 6.2% CAGR from 2018 to 2023.
05 · Category
Production Statistics30 stats
01
Vietnam's total compound feed production in 2022 reached 24.5 million metric tons, with aquafeed accounting for 52% of the total
02
In 2023, Vietnam produced 12.8 million tons of aquafeed, representing a 6.1% year-on-year growth driven by aquaculture expansion
03
Poultry feed production in Vietnam hit 6.2 million tons in 2022, up 4.3% from 2021 due to rising broiler demand
04
Swine feed output in Vietnam was 5.1 million tons in 2023, reflecting recovery post-ASF outbreaks
05
Vietnam's cattle and buffalo feed production stood at 1.2 million tons in 2022, with a CAGR of 3.5% over 2018-2022
06
Aquafeed production capacity in Vietnam exceeded 15 million tons annually by end-2023
07
In Q4 2023, monthly feed production averaged 2.1 million tons, peaking at 2.3 million in December
08
Vietnam's pet food production grew to 150,000 tons in 2022, a 12% increase
09
Ruminant feed production reached 850,000 tons in 2023, supported by dairy herd expansion
10
Vietnam manufactured 3.4 million tons of premixes and concentrates in 2022
11
Shrimp feed production in Vietnam was 4.2 million tons in 2023, up 7.8% YoY
12
Tilapia feed output hit 1.1 million tons in 2022, driven by export growth
13
Layer feed production in Vietnam reached 2.8 million tons in 2023
14
Broiler starter feed production was 1.9 million tons in 2022
15
Vietnam's aquafeed pellet production capacity utilization was 92% in 2023
16
Total feed mills in Vietnam numbered 182 in 2023, producing 25.1 million tons annually
17
Corn-based feed production in Vietnam was 13.5 million tons in 2022
18
Soybean meal incorporated feed reached 9.8 million tons in 2023 production
19
Fishmeal usage in feed production totaled 450,000 tons in 2022
20
Vietnam's extruded aquafeed production grew 8.2% to 2.7 million tons in 2023
21
Pig grower feed production was 3.2 million tons in 2022
22
Dairy cattle feed production hit 420,000 tons in 2023
23
Vietnam produced 1.5 million tons of specialty aquafeed for pangasius in 2022
24
Total concentrate feed production reached 4.1 million tons in 2023
25
Poultry finisher feed output was 1.6 million tons in 2022
26
Vietnam's feed production for ducks and geese totaled 650,000 tons in 2023
27
Aquafeed for black tiger shrimp production was 1.8 million tons in 2022
28
Beef cattle feed production grew to 380,000 tons in 2023
29
Vietnam's total complete feed production was 20.3 million tons in 2022
30
Layer mash feed production reached 1.4 million tons in 2023
Interpretation
Production Statistics Interpretation
Under Production Statistics, Vietnam’s feed sector is scaling fast with 2022 total compound feed reaching 24.5 million metric tons and aquafeed already making up 52%, while aquafeed output climbed to 12.8 million tons in 2023 and capacity surpassed 15 million tons by the end of 2023.
Reference
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Sophie Moreland. (2026, February 13). Vietnam Feed Industry Statistics. Gitnux. https://gitnux.org/vietnam-feed-industry-statistics
MLA
Sophie Moreland. "Vietnam Feed Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/vietnam-feed-industry-statistics.
Chicago
Sophie Moreland. 2026. "Vietnam Feed Industry Statistics." Gitnux. https://gitnux.org/vietnam-feed-industry-statistics.
Sources & references
1 datasets cited across this report · attribution is report-level