Key Market Indicators
Lao's animal feed import is projected to hit approximately 27.7 million kilograms by 2028, marking an increase from around 24.8 million kilograms in 2023. This growth represents an average yearly rise of 1.7%. Since 2015, the country's demand for animal feed has consistently grown at an annual rate of 2.8%. The steady increase underscores the expanding needs of Lao's livestock and agricultural sectors.