Latin America Poultry Feed Premix Market was worth $0.40 million in 2021 and estimated to be growing at a CAGR of 3.60%, to reach $0.61 million by 2026. Feed premix is a blend of nutritional supplements such as vitamins and minerals, that are usually combined with a carrier and ready for mixing with feed.
Poultry is the most widely consumed meat in the world and its production is more than any other meat category. Poultry Feed Premix has become a vital part of the globally increasing livestock industry and meat production industry.
Latin America Poultry Feed Premix Market Drivers:
The growth of the Latin America Poultry Feed Premix market is majorly driven by factors such as the rise in meat consumption, increase in mass production of meat, and shift in consumption pattern from red meat to white meat. Strict regulatory structures, volatile economies, and increasing cost of operations are the major hindrances for the market in this region. And, an increase in the cost of raw materials is also a key challenge for the companies in the market.
Latin America Poultry Feed Premix Market – By Ingredient Type:
Minerals
Vitamins segment leads the Poultry Feed Premix market followed by the minerals segment. Vitamins and minerals have been gaining substantial growth, as they serve as a vital factor in enhancing the growth of the livestock and in the growth of the immune system. Reputation of trace minerals such as zinc, manganese, iodine, and selenium for its functional benefits lead to the strong growth of this segment along with vitamins.
Geographical Analysis:
Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. The Latin America market is one of the fastest growing market for Poultry Feed Premix. Brazil accounts for the largest market share and is expected to lead the market during the forecast period. This region is expected to offer lucrative growth opportunities, mainly due to the rise in disposable incomes in developing economies, primarily in Brazil.
Key Players:
Some of the major companies dominating the market in this region are Cargill, Koninklijke DSM N.V., Nutreco N.V., Archer Daniels Midland Company, and InVivo Nutrition et Sante Animales.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Ingredient Type
5.1.1 Minerals
5.1.2 Antibiotics
5.1.3 Vitamins
5.1.4 Amino Acids
5.1.5 Other Ingredients
6. Geographical Analysis
6.1 Introduction
6.2 Brazil
6.3 Argentina
6.4 Mexico
6.5 Rest of Latin America
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Cargill Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Charoen Pokphand Foods
8.3 Archer Daniels Midland Company
8.4 Land o’ lakes, Inc.
8.5 Nutreco
8.6 ALLTECH
8.7 New Hope Group Co. Ltd
8.8 DeKalb Feeds, Inc.
8.9 Weston Milling Animal Nutrition
8.10 Kyodo Shiryo Company
8.11 Sodrugestvo Group S.A.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
