Reference
·Primary source
Charoen Pokphand Foods (CPF) Thailand feed market share
~25%
Charoen Pokphand Foods (SET:CPF) commands an estimated 24-26% of Thailand's compound animal feed market by volume per TFMA membership data, CPF SET filings, and industry interviews. CPF operates roughly 14 feed mills across Thailand with installed capacity of ~6.5 million tonnes per year, anchored by the Saraburi, Pak Thongchai, and Wang Noi flagship facilities. Betagro (SET:BTG) sits second at ~9-11%, GFPT (SET:GFPT) at ~5-7%, Laemthong Corporation at ~4-5%, and Tannet plus the long tail of regional Thai feed mills holding the residual. CPF's vertically-integrated model (feed, farm, food) lets it lock in captive feed demand across its own poultry and swine operations.
Figure in context
Charoen Pokphand Foods (SET:CPF) commands an estimated 24-26% of Thailand's compound animal feed market by volume per TFMA membership data, CPF SET filings, and industry interviews. CPF operates roughly 14 feed mills across Thailand with installed capacity of ~6.5 million tonnes per year, anchored by the Saraburi, Pak Thongchai, and Wang Noi flagship facilities. Betagro (SET:BTG) sits second at ~9-11%, GFPT (SET:GFPT) at ~5-7%, Laemthong Corporation at ~4-5%, and Tannet plus the long tail of regional Thai feed mills holding the residual. CPF's vertically-integrated model (feed, farm, food) lets it lock in captive feed demand across its own poultry and swine operations.
Charoen Pokphand Foods (SET:CPF) commands an estimated 24-26% of Thailand's compound animal feed market by volume per TFMA membership data, CPF SET filings, and industry interviews. CPF operates roughly 14 feed mills across Thailand with installed capacity of ~6.5 million tonnes per year, anchored by the Saraburi, Pak Thongchai, and Wang Noi flagship facilities. Betagro (SET:BTG) sits second at ~9-11%, GFPT (SET:GFPT) at ~5-7%, Laemthong Corporation at ~4-5%, and Tannet plus the long tail of regional Thai feed mills holding the residual. CPF's vertically-integrated model (feed, farm, food) lets it lock in captive feed demand across its own poultry and swine operations.
Time scope
FY2024 volume share estimate
Source basis
Primary source
Interpretation notes
What this tells you
Charoen Pokphand Foods (SET:CPF) commands an estimated 24-26% of Thailand's compound animal feed market by volume per TFMA membership data, CPF SET filings, and industry interviews. CPF operates roughly 14 feed mills across Thailand with installed capacity of ~6.5 million tonnes per year, anchored by the Saraburi, Pak Thongchai, and Wang Noi flagship facilities. Betagro (SET:BTG) sits second at ~9-11%, GFPT (SET:GFPT) at ~5-7%, Laemthong Corporation at ~4-5%, and Tannet plus the long tail of regional Thai feed mills holding the residual. CPF's vertically-integrated model (feed, farm, food) lets it lock in captive feed demand across its own poultry and swine operations.
What not to do with it
Volume share of compound feed manufacturing. Excludes home-mix on-farm formulation and imported finished feed.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand animal feed sector revenue (2020-2024)
Thai Feed Mill Association, Office of Agricultural Economics, NESDC industrial accounts, DBD filings
Thailand feed production mix by livestock segment
Thai Feed Mill Association, Office of Agricultural Economics, Department of Livestock Development
Thailand HS 2309 prepared animal feed exports (2020-2024)
Thai Customs Department, UN Comtrade, Pet Food Trade Association of Thailand, DITP
Thailand feed-grade cassava and corn cost
Office of Agricultural Economics, Thai Feed Mill Association, Bank of Thailand commodity index
Thailand soybean and soybean meal imports (2020-2024)
Thai Customs Department, UN Comtrade, Office of Agricultural Economics, Thai Feed Mill Association
ICEA insect protein pilot capacity
Insect Centre of Excellence in Agriculture, Department of Livestock Development, industry interviews
Report context
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