| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 99.5 Billion |
| Market Size (2030) | USD 99.5 Billion |
| CAGR (2025 - 2030) | 0.00 % |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
China Compound Feed Market Analysis
The China Compound Feed Market size is estimated at USD 99.5 billion in 2025, and is expected to reach USD 99.5 billion by 2030, at a CAGR of 0% during the forecast period (2025-2030).
The compound feed industry in China has experienced significant growth in recent years, maintaining its position as the largest producer of compound feed globally, followed by the United States and Brazil. According to the Alltech Agri-Food Outlook 2024, China's compound feed production increased to 262.71 million metric tons in 2023 from 260.74 million metric tons in 2022.
The growth is driven by increasing meat consumption, higher demand for milk and dairy products, and a growing middle class transitioning to more affordable protein sources. The Organization for Economic Cooperation and Development (ECD) data indicates that per capita pork consumption in China increased from 23.6 kg in 2021 to 25.3 kg in 2022, demonstrating the rise in meat consumption demand.
The expansion in meat consumption has driven industrial livestock production, necessitating increased commercial production of animal feed. Feed cereals such as corn, sorghum, and barley are essential components in China's feed manufacturing. The country imports substantial quantities of these cereals to support its feed industry. Corn imports increased from 20.6 million metric tons in 2022 to 27.1 million metric tons in 2023, indicating the growing demand for raw materials in compound feed production. These factors continue to drive the growth of the compound feed market in China.
China Compound Feed Market Trends
Increasing Inclination Towards Meat and Animal Protein
The proliferating middle-income households and rising levels of income, have led to changes in the dietary preferences of the population, thereby resulting in an increased per capita consumption of meat. For instance, according to OECD (The Organization for Economic Cooperation and Development), the per capita consumption of meat in China increased from 45.1 kg in 2021 to 46.7 kg in 2022. Rapid growth in the demand for meat protein and shifts in international trade substantially extended China's meat industry. Furthermore, according to the OECD-FAO Agricultural Outlook 2023-2032, the income-driven growth in consumption of meat in China, is projected to see a 12% increase in daily per capita availability by 2032. This growing demand for meat protein triggering the production and consumption in the country where the uptake of compound feed increased considerably and is anticipated to increase further.
There was also significant migration from rural economies to urban centers. According to the World Bank data, the degree of urbanization in China is continuously growing for several years and showed an increase from 63.8% to 65.2% from 2021 to 2022, as per the National Bureau of Statistics of China. This has increased the consumption of processed meat products and dairy products. This also inversely drives the need for increasing livestock production thereby supporting the compound feed market.
Furthermore, the government agribusiness reforms were encouraging larger animal farms to replace traditional farming. This supported the large-scale production of the livestock. According to the FAOSTAT, the cattle and buffaloes population in China was 102.3 million in 2022 which increased to 105.2 million in 2023. The shift in livestock production create demand for compound feed for animals during the forecast period. Therefore, the growing demand for meat and the dairy products consumption in the country is increasing the livestock production thereby driving the compound feed market.
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Growing Commercial Feed Production
China is the largest livestock-producing country in the world. According to the US Department of Agriculture, the livestock pig population is high in China followed by European Union, United States, Brazil, Russia etc among others across the world. Livestock production has become more commercialized in the country and producers are more willing to pay for commercially mixed feeds compared to backyard producers. This is increasing the compound feed production on a large scale. For instance, according to the survey conducted by Alltech in 2024, China's commercial feed tonnage was up 0.76% in 2023, an increase of nearly 2 MMT.
Along with this, the rising production is also attributed to the growing government initiatives to support the welfare of the animals. In 2023, the animal husbandry law was revised in which the government made a commitment to regulate animal husbandry production and also protect livestock and poultry within the country. This led to the creation of a safe environment for the production of livestock which involves the supply of quality feed further favoring the compound feed market.
Furthermore, China’s feed industry has become more diverse, while privately owned companies are leading the way. The continuing rise in the production is making the companies to increase focus on enhancing their efficiency in feed production. This increasing feed production has created an attractive export opportunity in the feed segment. According to the ITC Trade, the exports of oilcake feed for animals accounted for 429.9 thousand metric tons in 2022 which increased to 889.3 thoisand metric tons in 2023. Therefore, the industrialization of the livestock sector resulted in growing feed production thereby providing an export opportunity which further drives the market growth during the forecast period.
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China Compound Feed Industry Overview
The China compound feed market is fragmented. Leading companies are focused on acquiring feed mills and small manufacturing for expansion of the business in local as well as foreign markets. Some of the players have been expanding their geographical presence by acquiring or merging with the manufacturers in the foreign market. The leading companies focused on the expansion of the business across regions and setting up a new plant for increasing production capacity as well as a product line. The companies are also increasing the production capacities of their existing plants. Some of the major companies operating in the market are Cargill Inc, C.P. Pokphand Co. Ltd., Archer Daniels Midland, Nutreco NV, Alltech Inc., New Hope Group, Purina Animal Nutrition LLC.
China Compound Feed Market Leaders
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Cargill Inc
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ADM
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New Hope Group
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Charoen Pokphand Foods PCL
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Nutreco NV
- *Disclaimer: Major Players sorted in no particular order
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China Compound Feed Market News
- July 2024: Gold Coin China, a subsidiary of Pilmico and Gold Coin Group, increased feed mill capacity by completing its new feed mill in Yunnan, China. This feed mill is the largest comprehensive feed mill in Yunnan Province.
- May 2024: Aker BioMarine established Aker BioMarine (Shanghai) Co., Ltd. in China to expand its animal feed division. This expansion strengthens the company's position in China's animal nutrition market. The establishment addressing the increasing demand for high-quality animal feed in China while supporting Aker BioMarine's growth plans across Asia.
China Compound Feed Industry Segmentation
Compound feed is a mixture of raw materials and supplements fed to the livestock, sourced from either plant, animal, organic or inorganic substances or industrial processing, whether or not containing additives. While soybean, corn, barley, wheat, and sorghum are the most commonly used raw materials, vitamins, minerals, and amino acids are the most common additives blended to form compound feed. The China compound feed market is segmented by animal type into ruminants, poultry, swine, aquaculture, and others, and ingredients into cereal, cakes and meals, by-products, and supplements. The report offers the market sizes in value in USD and volume in metric tons for all the above-mentioned segments.
| Animal Type | Ruminants |
| Poultry | |
| Swine | |
| Aquaculture | |
| Ingredient | Cereals |
| Cakes & Meals | |
| By-products | |
| Supplements |
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China Compound Feed Market Research FAQs
How big is the China Compound Feed Market?
The China Compound Feed Market size is expected to reach USD 99.5 billion in 2025 and grow at a CAGR of 0% to reach USD 99.5 billion by 2030.
What is the current China Compound Feed Market size?
In 2025, the China Compound Feed Market size is expected to reach USD 99.5 billion.
Who are the key players in China Compound Feed Market?
Cargill Inc, ADM, New Hope Group, Charoen Pokphand Foods PCL and Nutreco NV are the major companies operating in the China Compound Feed Market.
What years does this China Compound Feed Market cover, and what was the market size in 2024?
In 2024, the China Compound Feed Market size was estimated at USD 99.5 billion. The report covers the China Compound Feed Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the China Compound Feed Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
