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Latin America Feed Pelletizing Agents Market By Type (Natural, Synthetic), Animal Type (Ruminant, Poultry, Swine, Aquaculture, Pet Food, And Others) And Region -Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027.

Published: March, 2023
ID: 6455
Pages: 145
Formats: report pdf report excel report power bi report ppt

Latin America Feed Pelletizing Agents Market Size, Growth, Trends and Forecast:

Latin America Feed Pelletizing Agents market is anticipated to grow at xx% CAGR from 2022 - 2027 and it is estimated that the Latin America market was valued at USD xxx billion in 2021 and is expected to reach USD xx billion by 2026.

Feed pelleting can be defined as the conversion of finely ground mash feed into dense, free-flowing pellets or capsules, in a process that involves steam injection and mechanical pressure. There are several advantages for feeding broilers pelleted rather than mash feed. The key advantage is the improved bird performance i.e. improved feed intake, weight gain, and feed conversion.

Latin America Feed Pelletizing Agents Market Drivers:

Feed Pelletizing market is mainly driven by the advantages of pelleted feed such as higher feed intake and weight gain of animals. The market has further expanded with more evidence of enhanced performance of animals due to pelleted feed. Pelleted feed has proven to be easily digestible for many animals as the process breaks many long chain molecules. Ease of handling and transportation aids the market to grow further. Pelletizing agents are added to feed during the processing stage. They bond the feed together in a required size and shape to form a pellet. The population has been growing, as the population grows there are more mouths to feed which is increasing the demand for protein, especially animal protein. To meet the market demands, farmers were pressurized to increase animal production. Pelleted feed helped them to achieve significant results. Currently, every type of feed ranging from low t high quality is available in the form of pellets. In most of the cases, it is also proven that the pelletizing costs are easily overcome by the pelleted feed effect on animals with high improvements in performance. High costs associated with processing and manufacturing the feed to pellet form are hindering the growth of the market. Moreover, unfavorable climatic conditions have also led to a rise in the cost of raw materials.

Latin America Feed Pelletizing Agents Market Segmentation:

Latin America Feed Pelletizing Agents Market – By Type:

  • Natural

  • Synthetic

Latin America Feed Pelletizing Agents Market – By Animal Type:

  • Ruminant
  • Poultry
  • Swine
  • Aquaculture
  • Pet food
  • Others

Geographical Analysis:

Based on geography, the market is segmented into

  • Argentina
  • Brazil
  • Mexico

Political issues and low cost of feed ingredients and in many countries make pelletizing process expensive in this region. However, pelleting gives the farmer control over the feed formulation, thereby reducing the cost for the farmer. Demand for meat products is growing and presents a scope of growth for feed pelletizing agent market development. Awareness about pelletized feed is not widespread and slowly increasing.

Key Players:

Some of the key players dominating the market are BASF SE, DOW Agrosciences LLC, KWS SAAT SE, Monsanto Co., Land O’ Lakes Inc., Sakata Seed Corp, Bejo Zaden BV, Takii Sedds, Agreliant Genetics LLC, Syngenta AG Groupe Limagrain, E.l. du Poant de Nemours & Co, DLF Seeds and Science, Bayer Crop Science India Ltd, and Canterra Seeds Holdings Ltd.

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