diff --git a/app/test/test_mempool.c b/app/test/test_mempool.c
index 7675a3e605..0c4ed7c60b 100644
--- a/app/test/test_mempool.c
+++ b/app/test/test_mempool.c
@@ -14,6 +14,7 @@
 #include <rte_common.h>
 #include <rte_log.h>
 #include <rte_debug.h>
+#include <rte_errno.h>
 #include <rte_memory.h>
 #include <rte_launch.h>
 #include <rte_cycles.h>
@@ -471,6 +472,74 @@ test_mp_mem_init(struct rte_mempool *mp,
 	data->ret = 0;
 }
 
+struct test_mempool_events_data {
+	struct rte_mempool *mp;
+	enum rte_mempool_event event;
+	bool invoked;
+};
+
+static void
+test_mempool_events_cb(enum rte_mempool_event event,
+		       struct rte_mempool *mp, void *arg)
+{
+	struct test_mempool_events_data *data = arg;
+
+	data->mp = mp;
+	data->event = event;
+	data->invoked = true;
+}
+
+static int
+test_mempool_events(int (*populate)(struct rte_mempool *mp))
+{
+	struct test_mempool_events_data data;
+	struct rte_mempool *mp;
+	int ret;
+
+	ret = rte_mempool_event_callback_register(NULL, &data);
+	RTE_TEST_ASSERT_NOT_EQUAL(ret, 0, "Registered a NULL callback");
+
+	memset(&data, 0, sizeof(data));
+	ret = rte_mempool_event_callback_register(test_mempool_events_cb,
+						  &data);
+	RTE_TEST_ASSERT_EQUAL(ret, 0, "Failed to register the callback: %s",
+			      rte_strerror(rte_errno));
+
+	mp = rte_mempool_create_empty("empty", MEMPOOL_SIZE,
+				      MEMPOOL_ELT_SIZE, 0, 0,
+				      SOCKET_ID_ANY, 0);
+	RTE_TEST_ASSERT_NOT_NULL(mp, "Cannot create an empty mempool: %s",
+				 rte_strerror(rte_errno));
+	RTE_TEST_ASSERT_EQUAL(data.invoked, false,
+			      "Callback invoked on an empty mempool creation");
+
+	rte_mempool_set_ops_byname(mp, rte_mbuf_best_mempool_ops(), NULL);
+	ret = populate(mp);
+	RTE_TEST_ASSERT_EQUAL(ret, (int)mp->size, "Failed to populate the mempool: %s",
+			      rte_strerror(rte_errno));
+	RTE_TEST_ASSERT_EQUAL(data.invoked, true,
+			      "Callback not invoked on an empty mempool population");
+	RTE_TEST_ASSERT_EQUAL(data.event, RTE_MEMPOOL_EVENT_READY,
+			      "Wrong callback invoked, expected READY");
+	RTE_TEST_ASSERT_EQUAL(data.mp, mp,
+			      "Callback invoked for a wrong mempool");
+
+	memset(&data, 0, sizeof(data));
+	rte_mempool_free(mp);
+	RTE_TEST_ASSERT_EQUAL(data.invoked, true,
+			      "Callback not invoked on mempool destruction");
+	RTE_TEST_ASSERT_EQUAL(data.event, RTE_MEMPOOL_EVENT_DESTROY,
+			      "Wrong callback invoked, expected DESTROY");
+	RTE_TEST_ASSERT_EQUAL(data.mp, mp,
+			      "Callback invoked for a wrong mempool");
+
+	ret = rte_mempool_event_callback_unregister(test_mempool_events_cb,
+						    &data);
+	RTE_TEST_ASSERT_EQUAL(ret, 0, "Failed to unregister the callback: %s",
+			      rte_strerror(rte_errno));
+	return 0;
+}
+
 static int
 test_mempool(void)
 {
@@ -645,6 +714,12 @@ test_mempool(void)
 	if (test_mempool_basic(default_pool, 1) < 0)
 		GOTO_ERR(ret, err);
 
+	/* test mempool event callbacks */
+	if (test_mempool_events(rte_mempool_populate_default) < 0)
+		GOTO_ERR(ret, err);
+	if (test_mempool_events(rte_mempool_populate_anon) < 0)
+		GOTO_ERR(ret, err);
+
 	rte_mempool_list_dump(stdout);
 
 	ret = 0;
diff --git a/lib/mempool/rte_mempool.c b/lib/mempool/rte_mempool.c
index c5f859ae71..51c0ba2931 100644
--- a/lib/mempool/rte_mempool.c
+++ b/lib/mempool/rte_mempool.c
@@ -42,6 +42,18 @@ static struct rte_tailq_elem rte_mempool_tailq = {
 };
 EAL_REGISTER_TAILQ(rte_mempool_tailq)
 
+TAILQ_HEAD(mempool_callback_list, rte_tailq_entry);
+
+static struct rte_tailq_elem callback_tailq = {
+	.name = "RTE_MEMPOOL_CALLBACK",
+};
+EAL_REGISTER_TAILQ(callback_tailq)
+
+/* Invoke all registered mempool event callbacks. */
+static void
+mempool_event_callback_invoke(enum rte_mempool_event event,
+			      struct rte_mempool *mp);
+
 #define CACHE_FLUSHTHRESH_MULTIPLIER 1.5
 #define CALC_CACHE_FLUSHTHRESH(c)	\
 	((typeof(c))((c) * CACHE_FLUSHTHRESH_MULTIPLIER))
@@ -360,6 +372,10 @@ rte_mempool_populate_iova(struct rte_mempool *mp, char *vaddr,
 	STAILQ_INSERT_TAIL(&mp->mem_list, memhdr, next);
 	mp->nb_mem_chunks++;
 
+	/* Report the mempool as ready only when fully populated. */
+	if (mp->populated_size >= mp->size)
+		mempool_event_callback_invoke(RTE_MEMPOOL_EVENT_READY, mp);
+
 	rte_mempool_trace_populate_iova(mp, vaddr, iova, len, free_cb, opaque);
 	return i;
 
@@ -722,6 +738,7 @@ rte_mempool_free(struct rte_mempool *mp)
 	}
 	rte_mcfg_tailq_write_unlock();
 
+	mempool_event_callback_invoke(RTE_MEMPOOL_EVENT_DESTROY, mp);
 	rte_mempool_trace_free(mp);
 	rte_mempool_free_memchunks(mp);
 	rte_mempool_ops_free(mp);
@@ -1343,3 +1360,123 @@ void rte_mempool_walk(void (*func)(struct rte_mempool *, void *),
 
 	rte_mcfg_mempool_read_unlock();
 }
+
+struct mempool_callback {
+	rte_mempool_event_callback *func;
+	void *user_data;
+};
+
+static void
+mempool_event_callback_invoke(enum rte_mempool_event event,
+			      struct rte_mempool *mp)
+{
+	struct mempool_callback_list *list;
+	struct rte_tailq_entry *te;
+	void *tmp_te;
+
+	rte_mcfg_tailq_read_lock();
+	list = RTE_TAILQ_CAST(callback_tailq.head, mempool_callback_list);
+	RTE_TAILQ_FOREACH_SAFE(te, list, next, tmp_te) {
+		struct mempool_callback *cb = te->data;
+		rte_mcfg_tailq_read_unlock();
+		cb->func(event, mp, cb->user_data);
+		rte_mcfg_tailq_read_lock();
+	}
+	rte_mcfg_tailq_read_unlock();
+}
+
+int
+rte_mempool_event_callback_register(rte_mempool_event_callback *func,
+				    void *user_data)
+{
+	struct mempool_callback_list *list;
+	struct rte_tailq_entry *te = NULL;
+	struct mempool_callback *cb;
+	void *tmp_te;
+	int ret;
+
+	if (func == NULL) {
+		rte_errno = EINVAL;
+		return -rte_errno;
+	}
+
+	rte_mcfg_mempool_read_lock();
+	rte_mcfg_tailq_write_lock();
+
+	list = RTE_TAILQ_CAST(callback_tailq.head, mempool_callback_list);
+	RTE_TAILQ_FOREACH_SAFE(te, list, next, tmp_te) {
+		struct mempool_callback *cb =
+					(struct mempool_callback *)te->data;
+		if (cb->func == func && cb->user_data == user_data) {
+			ret = -EEXIST;
+			goto exit;
+		}
+	}
+
+	te = rte_zmalloc("MEMPOOL_TAILQ_ENTRY", sizeof(*te), 0);
+	if (te == NULL) {
+		RTE_LOG(ERR, MEMPOOL,
+			"Cannot allocate event callback tailq entry!\n");
+		ret = -ENOMEM;
+		goto exit;
+	}
+
+	cb = rte_malloc("MEMPOOL_EVENT_CALLBACK", sizeof(*cb), 0);
+	if (cb == NULL) {
+		RTE_LOG(ERR, MEMPOOL,
+			"Cannot allocate event callback!\n");
+		rte_free(te);
+		ret = -ENOMEM;
+		goto exit;
+	}
+
+	cb->func = func;
+	cb->user_data = user_data;
+	te->data = cb;
+	TAILQ_INSERT_TAIL(list, te, next);
+	ret = 0;
+
+exit:
+	rte_mcfg_tailq_write_unlock();
+	rte_mcfg_mempool_read_unlock();
+	rte_errno = -ret;
+	return ret;
+}
+
+int
+rte_mempool_event_callback_unregister(rte_mempool_event_callback *func,
+				      void *user_data)
+{
+	struct mempool_callback_list *list;
+	struct rte_tailq_entry *te = NULL;
+	struct mempool_callback *cb;
+	int ret;
+
+	if (rte_eal_process_type() != RTE_PROC_PRIMARY) {
+		rte_errno = EPERM;
+		return -1;
+	}
+
+	rte_mcfg_mempool_read_lock();
+	rte_mcfg_tailq_write_lock();
+	ret = -ENOENT;
+	list = RTE_TAILQ_CAST(callback_tailq.head, mempool_callback_list);
+	TAILQ_FOREACH(te, list, next) {
+		cb = (struct mempool_callback *)te->data;
+		if (cb->func == func && cb->user_data == user_data)
+			break;
+	}
+	if (te != NULL) {
+		TAILQ_REMOVE(list, te, next);
+		ret = 0;
+	}
+	rte_mcfg_tailq_write_unlock();
+	rte_mcfg_mempool_read_unlock();
+
+	if (ret == 0) {
+		rte_free(te);
+		rte_free(cb);
+	}
+	rte_errno = -ret;
+	return ret;
+}
diff --git a/lib/mempool/rte_mempool.h b/lib/mempool/rte_mempool.h
index f57ecbd6fc..e2bf40aa09 100644
--- a/lib/mempool/rte_mempool.h
+++ b/lib/mempool/rte_mempool.h
@@ -1774,6 +1774,62 @@ void rte_mempool_walk(void (*func)(struct rte_mempool *, void *arg),
 int
 rte_mempool_get_page_size(struct rte_mempool *mp, size_t *pg_sz);
 
+/**
+ * Mempool event type.
+ * @internal
+ */
+enum rte_mempool_event {
+	/** Occurs after a mempool is successfully populated. */
+	RTE_MEMPOOL_EVENT_READY = 0,
+	/** Occurs before destruction of a mempool begins. */
+	RTE_MEMPOOL_EVENT_DESTROY = 1,
+};
+
+/**
+ * @internal
+ * Mempool event callback.
+ */
+typedef void (rte_mempool_event_callback)(
+		enum rte_mempool_event event,
+		struct rte_mempool *mp,
+		void *user_data);
+
+/**
+ * @internal
+ * Register a callback invoked on mempool life cycle event.
+ * Callbacks will be invoked in the process that creates the mempool.
+ *
+ * @param func
+ *   Callback function.
+ * @param user_data
+ *   User data.
+ *
+ * @return
+ *   0 on success, negative on failure and rte_errno is set.
+ */
+__rte_internal
+int
+rte_mempool_event_callback_register(rte_mempool_event_callback *func,
+				    void *user_data);
+
+/**
+ * @internal
+ * Unregister a callback added with rte_mempool_event_callback_register().
+ * @p func and @p user_data must exactly match registration parameters.
+ *
+ * @param func
+ *   Callback function.
+ * @param user_data
+ *   User data.
+ *
+ * @return
+ *   0 on success, negative on failure and rte_errno is set.
+ */
+__rte_internal
+int
+rte_mempool_event_callback_unregister(rte_mempool_event_callback *func,
+				      void *user_data);
+
 #ifdef __cplusplus
 }
 #endif
diff --git a/lib/mempool/version.map b/lib/mempool/version.map
index 9f77da6fff..1b7d7c5456 100644
--- a/lib/mempool/version.map
+++ b/lib/mempool/version.map
@@ -64,3 +64,11 @@ EXPERIMENTAL {
 	__rte_mempool_trace_ops_free;
 	__rte_mempool_trace_set_ops_byname;
 };
+
+INTERNAL {
+	global:
+
+	# added in 21.11
+	rte_mempool_event_callback_register;
+	rte_mempool_event_callback_unregister;
+};
