Africa Animal Feed Market By Feed Type (Medicated Feed, Non-medicated Feed), By Animal Type (Broilers, Layers, Dairy, Beef, Swine, Aquaculture, Others), and Country   

Africa Animal Feed Market size was valued at US$ 17,697.1 million in 2023 and is poised to grow at a CAGR of 13.4% from 2024-2030. Due to a surge in the consumption of meat and other animal protein products and an increase in the production of animal feed in African countries. The surge in the production of animal feed in the African region due to the availability of raw materials is expected to drive the African animal feed market over the forecast years. For instance, Africa’s maize usage by animal feed industries is approximately 32 Mn tons in 2017, which is 6% higher than previous seasons. Animal feed usage is consistently growing in North Africa, majorly in Algeria, Egypt, Libya, Morocco, and Tunisia.  Africa's animal feed Market is consolidating in nature as large players complement each other’s businesses using mergers and acquisitions. For instance, in July 2016, Nutreco N.V. acquired African feed premix and feed additive company Advit for strengthening of animal feed business in South Africa. Moreover, players in the African animal feed market coming up establishment of modern feed mills to garner a larger market revenue share. For instance, in January 2017, Feedmaster, a local animal feed producer in Namibia started the construction of a state-of-art mill with N$ 31 Mn to produce approximately 140,000 tons of feed per year.