Thailand Animal Feed Market Research Report and Industry Forecast

Thailand Animal Feed Market Summary:

The Thailand animal feed market size was valued at USD 3,537.41 Million in 2025 and is projected to reach USD 4,465.29 Million by 2034, growing at a compound annual growth rate of 2.62% from 2026-2034.

The Thailand animal feed market is expanding steadily, as increasing livestock production and rising protein consumption drive sustained demand for high-quality feed formulations. Advancements in precision nutrition, growing adoption of compound feed, and stronger focus on feed safety standards are reshaping industry dynamics. Expanding poultry exports, aquaculture modernization, and evolving dietary preferences continue to strengthen the market share. Additionally, investments in sustainable feed ingredients and functional additives are gaining traction, as producers seek to improve feed efficiency while meeting stricter environmental and regulatory expectations.

Key Takeaways and Insights:

• By Form: Pellets dominate the market with a share of 48% in 2025, owing to their superior feed conversion efficiency, ease of handling, and reduced feed wastage that enable commercial livestock operations to optimize productivity and nutrient delivery across diverse animal species.
   
• By Animal Type: Poultry leads the market with a share of 30% in 2025. This dominance is driven by Thailand's well-established broiler and layer industries, robust export demand for chicken products, and vertically integrated production systems that ensure consistent feed consumption.
   
• By Ingredient: Cereals exhibit a clear dominance in the market with 42% share in 2025, reflecting the fundamental role of corn and rice as primary energy sources in feed formulations that support balanced nutrition across poultry, swine, and aquaculture segments.
   
• Key Players: Key players drive the Thailand animal feed market by expanding production capacities, investing in precision nutrition technologies, strengthening vertically integrated supply chains, and forming strategic partnerships to enhance feed quality, improve operational efficiency, and capture growing domestic and export demand across diverse livestock segments.

To get more information on this market Request Sample

The Thailand animal feed market is gaining considerable momentum, as the country strengthens its position as a leading livestock and aquaculture producer in Southeast Asia. Increasing urbanization, rising household incomes, and growing consumer preferences for protein-rich diets are fueling sustained demand for high-quality animal feed across the poultry, swine, and aquatic farming sectors. The shift towards compound and functional feed formulations, designed to deliver targeted nutrition and improved disease resistance, is transforming conventional feeding practices among commercial producers. Thailand's poultry sector continues to be a major consumption driver, with the export volume hitting a historic high of 320,000 Metric Tons in the third quarter of 2024, reflecting an 11% increase from Q4 2023, driven by strong international demand. Government initiatives promoting sustainable agriculture, coupled with private sector investments in advanced feed milling technologies, are enhancing production efficiency and product quality.

Thailand Animal Feed Market Trends:

Adoption Of Precision Nutrition and Digital Technologies in Feed Production

The Thailand animal feed industry is increasingly embracing precision nutrition and digital platforms to enhance feed efficiency and livestock productivity. Producers are integrating near-infrared spectroscopy, microbiome analytics, and cloud-based farm management tools to optimize feeding strategies and monitor animal health in real time. In March 2025, Cargill showcased Galleon, an AI-powered gut microbiome platform, and Reveal Layers, a near-infrared body fat measurement technology, at VIV Asia 2025 in Thailand, demonstrating the industry's accelerating transition towards data-driven, science-based feed management that supports the market growth.

Transition Towards Antibiotic-Free and Sustainable Feed Formulations

The movement towards antibiotic-free livestock production is reshaping feed formulation practices across Thailand. Producers are incorporating probiotics, plant-based additives, and enzyme-enhanced feeds to promote animal health while meeting stringent international food safety standards for export markets. In December 2024, CP Foods became the first organization in Thailand to receive Global G.A.P. certification for its Pak Thong Chai and Sriracha feed mills, underscoring the industry's commitment to transparent, traceable, and environmentally responsible feed production processes.

Expansion of Aquafeed Segment Driven by Growing Aquaculture Modernization

Thailand's aquafeed segment is witnessing renewed investment, as the country seeks to strengthen its aquaculture competitiveness in global markets. Feed manufacturers are developing specialized formulations for shrimp, seabass, and freshwater species that improve feed conversion ratios and reduce environmental impact. Thai Union Feedmill Public Company Limited reported record Q2 2025 performance with shrimp feed sales of THB 929 Million, a 13.8% year-over-year increase, while seabass feed volumes grew 29.1%, reflecting intensifying demand for high-quality aquafeed in Thailand's expanding aquaculture operations.

Market Outlook 2026-2034:

The Thailand animal feed market is poised for sustained expansion over the forecast period, underpinned by increasing domestic livestock production, rising protein consumption, and growing export demand for poultry and aquaculture products. The market generated a revenue of USD 3,537.41 Million in 2025 and is projected to reach a revenue of USD 4,465.29 Million by 2034, growing at a compound annual growth rate of 2.62% from 2026-2034. Continued investments in feed mill modernization, rising adoption of compound feed among commercial farmers, and government support for sustainable agriculture are expected to strengthen market fundamentals. The growing emphasis on precision nutrition, functional feed additives, and antibiotic-free production is creating new value opportunities across the supply chain.

Thailand Animal Feed Market Report Segmentation: 

Form Insights:

• Pellets
• Crumbles
• Mash
• Others

Pellets dominate with a market share of 48% of the total Thailand animal feed market in 2025.

Pellets maintain their dominant position in the Thailand animal feed market, because they are easier to store and carry, have a higher feed conversion efficiency, and waste less feed. By using heat and pressure to gelatinize starches and denature anti-nutritional components, the pelleting process improves nutrient digestibility and improves animal performance. Because of pelleted feed’s consistent composition, which enables precise nutritional distribution across poultry, swine, and aquaculture species, it is becoming more popular in commercial livestock operations nationwide.

Across the nation, new and renovated feed mills are integrating modern pelleting technologies, including automation and Internet of Things (IoT) connectivity, for improved quality control. In order to fulfill the growing demand for animal protein both domestically and internationally, farmers are prioritizing productivity gains and consistent nutrient profiles, which is driving the shift away from traditional feeding methods and towards compound feed, which is speeding up the consumption of pelleted feed.

Animal Type Insights:

Access the comprehensive market breakdown Request Sample

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

Poultry leads with a share of 30% of the total Thailand animal feed market in 2025.

Poultry dominates the animal type segment in Thailand, propelled by the nation's firmly developed layer and broiler sectors, which meet both high export demand and significant domestic consumption. With vertically integrated agro-industrial firms running extensive broiler operations that provide steady, high-volume feed demand all year long, Thailand has become one of the top producers and exporters of chicken in the world. As per the USDA, Thailand's chicken meat production was set to increase 2.6% in 2025, driven by attractive returns and sustained international demand, further underpinning the poultry segment's dominant market position.

Continuous innovations in feed formulations that enhance growth rates, boost feed conversion ratios, and lessen reliance on antibiotics in commercial broiler and layer operations help the expansion of the poultry feed segment. To satisfy the strict quality and safety requirements set by export destinations, including Japan, the European Union, and the United Kingdom, major feed makers are investing in probiotic-enriched feeds and precision nutrition technologies. Specialized, high-performance poultry feed is consistently in demand across Thailand's commercial farming operations due to the country's burgeoning processed chicken sector and rising customer demand for premium poultry products.

Ingredient Insights:

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

Cereals exhibit a clear dominance with a 42% share of the total Thailand animal feed market in 2025.

Cereals maintain their leading position in the market, with corn and rice serving as foundational ingredients across poultry, swine, and aquaculture feed production. The dominance of cereals is underpinned by Thailand's substantial domestic corn cultivation and favorable trade policies. Continuous enhancements in the infrastructure for grain handling, processing, and storage are also promoting consistency in quality and supply. In order to improve digestibility and overall feed conversion efficiency across livestock segments, feed makers are also refining cereal mixtures.

The cereal ingredient segment is further supported by government initiatives designed to promote domestic grain production and ensure stable supply for the feed industry. Declining global grain prices have provided significant cost relief for Thai feed manufacturers, enabling improved profitability and expanded production volumes. Additionally, the development of corn traceability systems by leading producers has enhanced supply chain transparency and sustainability credentials. The growing emphasis on deforestation-free sourcing and burn-free agricultural practices for imported corn is reshaping procurement strategies and reinforcing cereals' central role in Thailand's feed manufacturing ecosystem.

Regional Insights:

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

Bangkok serves as a significant hub in the Thailand animal feed market, due to its concentration of major agro-industrial headquarters, feed trading operations, and proximity to key transportation infrastructure. The metropolitan area benefits from established logistics networks that facilitate efficient feed distribution to surrounding provinces. Urban demand for processed meat and dairy products supports consistent feed consumption, while the presence of leading industry players strengthens the region's role as a commercial and administrative center for the feed sector.

Eastern represents a vital contributor to the Thailand animal feed market, driven by its concentration of large-scale poultry and swine farming operations along with significant aquaculture activity. The region benefits from well-developed industrial infrastructure and proximity to deep-water ports that facilitate raw material imports and finished product exports. Major feed mills operate in this area, leveraging modern production technologies and efficient supply chain networks to serve the growing demand from commercial livestock and aquaculture producers.

Northeastern, also known as Isan, is a major livestock production center that significantly contributes to the animal feed demand. This area accounts for a substantial share of the country's swine and poultry farming, supported by abundant agricultural land and lower operational costs compared to central regions. The expansion of modern feed mills in this region, including facilities equipped with IoT and smart manufacturing technologies, has enhanced production efficiency and strengthened supply chain capabilities for feed distribution across the region.

Southern plays a distinctive role in the Thailand animal feed market, primarily driven by its thriving aquaculture sector, particularly shrimp farming operations concentrated along coastal provinces. The region's tropical climate and abundant water resources create favorable conditions for aquaculture production, generating sustained demand for specialized aquafeed formulations. Additionally, palm oil plantations in the area provide by-products used in feed manufacturing, while growing poultry and rubber-sector livestock operations further diversify regional feed consumption patterns and market expansion opportunities.

Northern contributes to the Thailand animal feed market through its role as a primary corn-producing area that supplies essential raw materials to the national feed industry. This region accounts for a significant majority of the country's off-season corn production, making it crucial for maintaining domestic feed grain supply stability. Livestock farming in the region, including poultry and swine operations, continues to expand alongside growing domestic protein demand, while improvements in agricultural infrastructure support increased feed production and distribution capacity.

Market Dynamics:

Growth Drivers:

Why is the Thailand Animal Feed Market Growing?

Rising Livestock Production and Expanding Meat Consumption

The Thailand animal feed market is experiencing significant growth, driven by increasing domestic livestock production and rising meat consumption fueled by urbanization, population growth, and improving household incomes. Urban population in Thailand was recorded at 38930064 in 2024, according to the World Bank collection of development indicators. The expanding poultry and swine industries are generating substantial demand for high-quality compound feed formulations that ensure consistent animal performance and product quality. Thailand's well-established position as a leading poultry exporter further amplifies feed consumption, as large-scale broiler operations require continuous and voluminous feed inputs to maintain export-grade production. Rising consumer preference for protein-rich diets and the proliferation of modern retail channels are further strengthening the domestic demand environment. This sustained demand is encouraging feed producers to scale capacity and standardize formulations to support consistent supply for commercial livestock operations.

Advancements of Feed Manufacturing Technologies and Smart Production Systems

Technological innovations in feed manufacturing are impelling the market growth, as Thai producers invest in modern production systems that enhance efficiency, reduce costs, and improve product quality. The adoption of automation, IoT connectivity, and AI-driven analytics is transforming traditional feed mills into smart factories capable of precision manufacturing and real-time quality monitoring. These advancements enable producers to optimize feed formulations, minimize wastage, and ensure consistent nutritional profiles that meet diverse livestock requirements. The integration of digital platforms is setting new benchmarks for production standards and operational efficiency across the animal feed sector. These technologies also improve traceability across the supply chain, helping manufacturers comply with feed safety and export quality standards. Predictive maintenance and data-driven process optimization are reducing downtime and enhancing throughput in large-scale feed mills.

Government Support and Favorable Trade Policies Enhancing Market Accessibility

Government policies and trade frameworks are playing a pivotal role in supporting the growth of the Thailand animal feed market by ensuring raw material availability and promoting agricultural development. Favorable trade arrangements, including duty-free corn imports from neighboring ASEAN countries during specified periods, help bridge the gap between domestic production and rising feed demand. In March 2023, the Thai government approved a THB 1 Billion fund to facilitate corn purchases and provide low-interest loans to feed producers, demonstrating strong institutional support for the sector. Income insurance schemes for corn farmers, with guaranteed minimum prices, encourage domestic grain cultivation and supply stability. Ongoing efforts to strengthen food safety standards, promote sustainable sourcing practices, and enhance veterinary oversight are creating a supportive regulatory environment that attracts investment and improves production quality.

Market Restraints:

What Challenges the Thailand Animal Feed Market is Facing?

Volatility In Raw Material Prices and Supply Chain Vulnerabilities

Fluctuations in the prices of key feed ingredients, such as corn, soybean meal, and fishmeal, pose significant challenges to the Thailand animal feed market. Feed manufacturers remain highly sensitive to global commodity price volatility and supply disruptions, as raw materials form the largest cost component in feed production. Reliance on imported inputs further exposes the industry to currency movements, trade policy shifts, and logistical constraints, which can put pressure on margins and disrupt pricing stability.

Regulatory Compliance Pressures and Rising Operational Costs

Increasingly stringent regulations regarding feed safety, antibiotic usage, environmental emissions, and traceability are raising operational costs for feed manufacturers in Thailand. Compliance with international standards required for export markets, including those from the European Union and Japan, demands significant investment in quality assurance systems, testing infrastructure, and process upgrades. Smaller feed producers face disproportionate challenges in meeting these requirements, potentially leading to market consolidation as mid-sized operators struggle to balance rising compliance costs with competitive pricing pressures.

Competition From Low-Cost Regional Producers and Import Pressures

The Thailand animal feed market faces competitive pressures from lower-cost producers in neighboring countries and global exporters that benefit from cheaper labor, raw materials, and economies of scale. Countries, such as Vietnam, India, and China, are expanding their feed production capacities, intensifying competition for both domestic and export markets. Additionally, cross-border trade dynamics within the ASEAN region create pricing pressures that challenge Thai producers' profitability, particularly in commodity-grade feed segments where differentiation opportunities are limited and price sensitivity remains high.

Competitive Landscape:

The Thailand animal feed market is highly competitive, characterized by the dominance of vertically integrated agro-industrial conglomerates that control the entire value chain from feed production to livestock farming and food processing. The market features a mix of large-scale domestic players and international corporations competing on the basis of product quality, pricing, and technological innovation. Companies are investing in precision nutrition technologies, smart manufacturing systems, and sustainable production practices to differentiate their offerings and strengthen market positioning. Strategic partnerships, capacity expansions, and product portfolio diversification are key competitive strategies being employed to capture growing domestic demand and export opportunities across the region.

Thailand Animal Feed Market Report Coverage: