Latin America Health and Wellness Market Overview
Market Statistics
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Growth Rate: 1.7% (2025-2033)
According to the latest report by IMARC Group, The Latin America animal feed market size reached 193.2 Million Tons in 2024. Looking forward, IMARC Group expects the market to reach 228.7 Million Tons by 2033, exhibiting a growth rate (CAGR) of 1.7% during 2025-2033.
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Latin America Animal Feed Market Trends and Drivers
Key trends shaping the Latin America animal feed market include the growing emphasis on sustainable and natural feed ingredients. Additionally, the increasing awareness of food safety and animal welfare among consumers is driving the demand for organic and non-GMO feed options, which is positively inflating the market growth. Besides this, the integration of probiotics, prebiotics, and enzymes in animal feed to enhance digestion and nutrient absorption is becoming more prevalent and is acting as another significant growth-inducing factor. Furthermore, the development of precision feeding technologies, which tailor feed compositions to the specific needs of animals, is gaining traction, improving overall farm efficiency. The market is also witnessing a rise in strategic partnerships and mergers among key players to expand their product portfolios and geographic reach, which is anticipated to drive the Latin America animal feed market over the forecasted period.
Leading Companies Operating in the Latin America Animal Feed Industry:
Agrosuper S.A.
BRF S.A.
Cooperativa Central Aurora Alimentos
JBS S.A
Goncalves Tortola S.A.
Grupo Pilar S.A.
Industrias Bachoco S.A.B. de C.V.
Italcol S.A.
Report Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest Latin America animal feed market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
The report has segmented the market into the following categories:
Breakup by Type:
Fodder
Forage
Compound Feed
Breakup by Livestock:
Swine
Aquatic Animals
Cattle
Poultry
Others
Breakup by Raw Material:
Soya
Canola
Rendered Meal
Others
Breakup by Production System:
Integrated
Commercial Mills
Breakup by Country:
Brazil
Mexico
Argentina
Colombia
Chile
Others
Key highlights of the Report:
Market Performance (2019-2024)
Market Outlook (2025-2033)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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