Thailand Animal Feed Market Research Report and Industry Forecast

Thailand Animal Feed Market Overview:

The Thailand animal feed market size reached USD 3,442.40 Million in 2024. The market is projected to reach USD 4,398.23 Million by 2033, exhibiting a growth rate (CAGR) of 2.76% during 2025-2033. The market is expanding due to increased livestock production, rising meat consumption, and adoption of compound and functional feed. Moreover, focus on quality nutrition and disease control continues to support Thailand animal feed market share across poultry, swine, and aquaculture segments.

Thailand Animal Feed Market Trends:

Rising Demand for Compound Feed

The Thailand animal feed market growth is being driven by the increasing preference for compound feed among commercial livestock farmers. With higher efficiency, better nutrient content, and consistent quality, compound feed is steadily replacing traditional feeding methods. Farmers are focusing on productivity gains to meet the needs of a growing population and export markets. Poultry and swine sectors, in particular, are adopting compound feed formulations to enhance weight gain, disease resistance, and feed conversion ratios. Government-led campaigns promoting modern livestock practices have also helped build awareness among smaller farms. Feed manufacturers are introducing tailored products for different livestock categories, which is boosting product uptake across the board. Moreover, rising feed safety concerns have resulted in better regulation and quality checks, improving consumer trust. As disposable incomes rise in Thailand, meat consumption is also increasing, especially in urban regions, creating further demand for high-quality feed inputs. Local production of maize, soy, and other feed ingredients supports this trend, while imports fill specific nutritional gaps. The result is a structured, organized feed supply chain that encourages investment from both domestic players and international firms. The focus on balanced nutrition and livestock productivity will likely continue shaping Thailand’s feed industry in the near future.

Shift Toward Functional Additives

One major trend shaping Thailand's animal feed market is the growing use of functional additives to improve animal health and performance. These additives, including probiotics, prebiotics, enzymes, and organic acids, are gaining ground as antibiotic growth promoters are being phased out due to regulatory restrictions and consumer concerns. Producers are exploring natural alternatives that enhance gut health, immunity, and digestion in livestock. This shift reflects both local and global moves toward responsible farming and cleaner meat production. Feed companies are investing in research to develop products that deliver measurable results, not just for animal growth but also for disease prevention. Thailand’s government has introduced policies to regulate antibiotic use, further pushing feed manufacturers to reformulate their offerings. In poultry and aquaculture, enzyme-based additives are becoming common to improve nutrient absorption and reduce waste. Export-oriented meat processors are also driving demand for high-performance feed to meet international quality standards. Collaboration between feed mills, academic institutions, and biotechnology firms is supporting innovation in this space. As the demand for healthier, more efficient livestock production grows, functional feed additives are expected to become an essential part of feed formulations across Thailand’s livestock sectors.

Thailand Animal Feed Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional level for 2025-2033. Our report has categorized the market based on form, animal type, and ingredient.

Form Insights:

• Pellets
• Crumbles
• Mash
• Others

The report has provided a detailed breakup and analysis of the market based on the form. This includes pellets, crumbles, mash, and others.

Animal Type Insights:

• Swine 
  • Starter
  • Finisher
  • Grower
• Ruminants 
  • Calves
  • Dairy Cattle
  • Beef Cattle
  • Others
• Poultry
  • Broilers
  • Layers
  • Turkeys
  • Others
• Aquaculture 
  • Carps
  • Crustaceans
  • Mackeral
  • Milkfish
  • Mollusks
  • Salmon
  • Others
• Others

The report has provided a detailed breakup and analysis of the market based on the animal type. This includes swine (starter, finisher, and grower), ruminants (calves, dairy cattle, beef cattle, and others), poultry (broilers, layers, turkeys, and others), aquaculture (carps, crustaceans, mackeral, milkfish, mollusks, salmon, and others), and others.

Ingredient Insights:

• Cereals
• Oilseed Meal 
• Molasses
• Fish Oil and Fish Meal
• Additives
  • Antibiotics
  • Vitamins
  • Antioxidants
  • Amino Acids
  • Feed Enzymes
  • Feed Acidifiers
  • Others
• Others

The report has provided a detailed breakup and analysis of the market based on the ingredient. This includes cereals, oilseed meal, molasses, fish oil and fish meal, additives (antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers, and others), and others.

Regional Insights:

• Bangkok
• Eastern
• Northeastern
• Southern
• Northern
• Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Bangkok, Eastern, Northeastern, Southern, Northern, and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Thailand Animal Feed Market News:

• March 2025: Cargill showcased advanced animal feed innovations at VIV Asia in Thailand, including Biostrong, Notox, and digital tools like Reveal and Galleon. These developments strengthened precision nutrition, improved livestock productivity, and supported Thailand’s animal feed market development through technology-driven, sustainable farming practices.
• March 2025: TFM outlined its strategy to boost Thailand’s animal feed market, targeting 10 billion baht revenue by 2030. With new product launches, international partnerships, and expanded aquafeed lines, the company strengthened its market position and supported sustainable growth across regional and global segments.

Thailand Animal Feed Market Report Coverage:

Key Questions Answered in This Report:

• How has the Thailand animal feed market performed so far and how will it perform in the coming years?
• What is the breakup of the Thailand animal feed market on the basis of form?
• What is the breakup of the Thailand animal feed market on the basis of animal type?
• What is the breakup of the Thailand animal feed market on the basis of ingredient?
• What is the breakup of the Thailand animal feed market on the basis of region?
• What are the various stages in the value chain of the Thailand animal feed market? 
• What are the key driving factors and challenges in the Thailand animal feed market?
• What is the structure of the Thailand animal feed market and who are the key players?
• What is the degree of competition in the Thailand animal feed market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Thailand animal feed market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Thailand animal feed market.
• Porter's Five Forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Thailand animal feed industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.