Leading Players in the Global Animal Feed Market

Leading Players in the Global Animal Feed Market

The global animal feed market size reached US$ 518.4 Billion in 2023. Animal feed refers to processed, semi-processed, and raw products manufactured for the consumption of ruminants, poultry, swine, and aquatic animals. It is formulated with nutritional additives such as proteins, fibers, carbohydrates, minerals, enzymes, acidifiers, antibiotics, and antioxidants. It helps maintain the overall health of animals and improves the quality of end-products, including eggs, meat, and milk. In addition, animal feed acts as a source of energy and supports muscular activity in animals.

As per the analysis by IMARC Group, the top animal feed manufacturers are incorporating non-genetically modified organisms (non-GMO) crops in animal feed due to the increasing consumer demand for all-natural food sources. They are also adding algae-based ingredients that play a crucial role in the early developmental stages of the livestock. Besides this, several key players are investing in research and development (R&D) activities to meet the growing demand for animal feed for aquaculture and livestock species worldwide. In addition, they are engaging in mergers and acquisitions (M&As) and partnerships to enhance their production capacities and gain a competitive edge in the market. For instance, in November 2021, De Heus Vietnam signed a strategic agreement with Masan to obtain control over 100% of the feed-related business of MNS Feed. Looking forward, IMARC Group expects the market to reach US$ 674.7 Billion by 2032, exhibiting a growth rate (CAGR) of 2.9% during 2024-2032.

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List of Top Manufacturing Companies in the Animal Feed Industry Worldwide:

Archer Daniels Midland Company

Establishment: 1902
Headquarters: Illinois, United States
Website: https://www.adm.com/

Archer Daniels Midland Company is a multinational food processing and commodities trading corporation. It produces corn, wheat, oilseeds, cocoa, and various agricultural commodities. The company also manufactures protein flour, vegetable oil, meal, corn sweeteners, ethanol, biodiesel, and other food and feed ingredients. With over 100 years of experience, detailed research, and technical support, ADM formulates advanced nutritional solutions for livestock, aquaculture, and pet needs. 

Cargill, Incorporated

Establishment: 1865
Headquarters: Minnesota, United States
Website: https://www.cargill.com/

Cargill, Incorporated is a privately held global food corporation company. It covers five global operations, including protein and salt, animal health and nutrition, agricultural supply chain, food ingredients and bio-industrial, and metals and shipping. The company has around 100 years of expertise in animal feed formulation that help them develop products with the highest nutritional value for animals. Presently, Cargill serves food, beverage, industrial, pharmaceutical, and personal care product manufacturers, farmers, and foodservice providers across the globe.

Charoen Pokphand Group Company Limited

Establishment: 1921
Headquarters: Bangkok, Thailand
Website: https://www.cpgroupglobal.com/

Charoen Pokphand Group Company Limited is a parent company of C.P. Group. The company holds shares of subsidiaries in Thailand and overseas that are categorized into eight business lines covering thirteen business groups. It also holds controlling stakes in Charoen Pokphand Foods (CPF) which is among the largest producers of feed, and other agricultural produces across the globe. At present, CPF is making innovations in the production process, considering the right locations, and selecting organic raw materials to obtain high-quality animal feed. 

DuPont de Nemours, Inc.

Establishment: 1897
Headquarters: Delaware, United States
Website: https://www.dupont.com/

DuPont de Nemours, Inc. offers ingredients, solutions, and technology-based materials in North America, Asia Pacific, Latin America, Europe, and the Middle East, and Africa. It is a parent company of Nutrition and Biosciences, which is a world leader in innovative and sustainable solutions across the food, health, pharma, and biotech industries. Recently, the company merged with International Flavors & Fragrances Inc., an American corporation that provides healthy feed for livestock and develops innovative feed additive solutions to enable antibiotic-free and sustainable livestock production.  

Evonik Industries AG (RAG-Stiftung)

Establishment: 2007
Headquarters: Essen, Germany
Website: https://corporate.evonik.com/en

Evonik Industries AG is a specialty chemicals firm that operates in four segments, including resource efficiency, nutrition and care, and performance materials and services. The company provides a comprehensive portfolio of high-performance products for various applications and functionalities in the food and beverages industry. It primarily produces oxygen, amino acid composition, catalysts, and silica that aid in food processing and optimizing livestock performance. In addition, Evonik offers additives and crosslinkers for FDA-approved coatings for packaging.

ForFarmers N.V.

Establishment: 1896
Headquarters: Lochem, Netherlands
Website: https://www.forfarmersgroup

ForFarmers N.V. is an agricultural feed company that primarily produces and supplies animal feed and related farm products. The company provides fertilizers, pesticides, seeds, and feed for pigs, cattle, poultry, goats, and sheep. It also offers complete innovative feed solutions for conventional and organic livestock farming.  Presently, the company serves farmers and livestock manufacturers throughout Europe.

Kemin Industries Inc.

Establishment: 1961
Headquarters: Iowa, United States
Website: https://www.kemin.com/  

Kemin Industries Inc. is a company that manufactures specialty ingredients for human and animal health nutrition. The company mainly offers pet food, feed preservatives, feed additives, and crop and food technologies. At present, Kemin produces more than 500 specialty ingredients that are sold in more than 120 countries across the globe.

Nutreco N.V (SHV Holdings)

Establishment: 1994
Headquarters: Amersfoort, Netherlands
Website: https://www.nutreco.com

Nutreco N.V. is one of the leading, vertically integrated feed and foods producers worldwide. The company primarily operates under two primary business divisions: Nutreco Aquaculture, the largest aquaculture company manufacturing fish feeds, and Nutreco Agriculture, which comprises breeding services and breeding stock production. Presently, Nutreco holds production facilities and research centers in more than 30 countries.

Perdue Farms Inc.

Establishment: 1920
Headquarters: Maryland, Unites States
Website: https://www.perduefarms.com/

Perdue Farms Inc. is one of the biggest producers of chicken and turkey. It sells turkey, chicken, and pork products to consumers and retail and food service customers. Besides this, it also sources, processes, and merchandises agricultural commodities, such as grains, soybean meal, blended feed ingredients, and animal nutrition for food and other uses. Moreover, the company currently owns live production and processing facilities in around fifteen US states.

Tyson Foods, Inc.

Establishment: 1935
Headquarters: Arkansas, Unites States
Website: https://www.tysonfoods.com/

Tyson Foods, Inc. focuses on distributing, producing, and marketing pork, chicken, beef, and prepared foods. The company sells its products to national and regional grocery retailers, military commissaries, meat distributors, regional grocery wholesalers, warehouse club stores, and industrial food processing companies. Tyson Foods also offers a diverse portfolio of foods under the Hillshire Farm, Jimmy Dean, Wright, BallPark, Aidell’s, and State Fair brands.


About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the indian animal feed market, which has enabled the clients to set up and expand their businesses successfully. Some of the company’s offerings include:

  • Market Research
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  • Marketing and sales
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  • Innovation and Product Development

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