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Latin America Feed Mineral Market By Type (Macro Minerals - Potassium, Phosphorous, Magnesium, Calcium, And Others; Micro Minerals - Zinc, Iron, Copper, And Others), By Animal Type (Poultry, Aquaculture, Swine, Ruminant, And Others), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027).

Published: January, 2022
ID: 1061
Pages: 145

Latin America Feed Mineral Market Size, Growth, Trends and Forecast:

Latin America Feed Mineral Market was worth USD 421 Million in 2021 and estimated to be growing at a CAGR of 5.86%, to reach USD 551 Million by 2026. Livestock nurturing and the intake of animal products make a vital contribution to the financial and nutritional wellbeing of millions of individuals around the world. Feed Minerals play a prominent role in the global food by ensuring safe, ample and reasonably priced proteins.

Natural substances such as soil, water and plants contain elements such as minerals which are provided to the animals to maintain their health. They perform several functions such as bone development, controlling acid base balances, muscle contraction, and enzyme stimulation.

Latin America Feed Mineral Market Drivers:

The growth of the Latin America Feed Mineral market is majorly driven by factors such as increasing demand for mineral rich animal meat, increasing disposable income, and growing adoption of scientific methods to increase meat production. Also, another factor which is further expected to increase the intake of feed minerals is the huge demand for high quality meat from the meat processing industry. However, factors such as stringent government rules on the usage of certain minerals and the rising cost of raw materials are impeding the growth of the market in this region.

Latin America Feed Mineral Market Segmentation:

Latin America Feed Mineral Market – By Type:

  • Macro Minerals

    • Potassium
    • Phosphorous
    • Magnesium
    • Calcium
  • Micro Minerals
    • Zinc
    • Iron
    • Copper

Macro Minerals lead the Feed Mineral market with more than 80% of the market share. Calcium and potassium are the most used minerals under this category.

Latin America Feed Mineral Market – By Animal Type:

  • Poultry,
  • Aquaculture,
  • Swine,
  • Ruminant,
  • and others.

Under this segment, Ruminant leads the market accounting for more than 40% of the market share. However, horse feed minerals is projected to be the fastest growing segment in the others category with a CAGR of 8.3%

Geographical Analysis:

The Latin America market is one of the fastest growing markets for Feed Minerals. Latin America is a developing market with vast potential and strong growth rates, due to growing disposable incomes and rising consumption of meat. Brazil leads the Feed Minerals market in this region with a market share of 30% and is also the fastest growing one in this region.

Key Players:

The major players in the market are fixated on broadening their distribution networks to cater to the wider market. Investment in the production process is another tactic adopted by the manufacturers to decrease the expenses incurred. The major companies dominating the Feed Mineral market in this region are Royal DSM, Cargill Inc., Nutreco NV, Archer Daniels Midland, and Tanke Biosciences Corp.

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 Type                        

                                5.1.1 Macro Minerals    

                                                5.1.1.1 Potassium

                                                5.1.1.2 Phosphorous

                                                5.1.1.3 Magnesium

                                                5.1.1.4 Calcium

                                                5.1.1.5 Others

                                5.1.2 Micro Minerals     

                                                5.1.2.1 Zinc

                                                5.1.2.2 Iron

                                                5.1.2.3 Copper

                                                5.1.2.4 Others

                5.2 By Animal Type                         

                                5.2.1 Poultry     

                                5.2.2 Aquaculture           

                                5.2.3 Swine        

                                5.2.4 Ruminant

                                5.2.5 Others      

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 Royal DSM                  

                                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 Cargill Inc.                   

                8.3 Nutreco NV                

                8.4 Archer Daniels Midland                         

                8.5 Tanke Biosciences Corp                         

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                              

  1. Latin America Feed Mineral Market By Region, From 2022 - 2027 (USD Million)
  2. Latin America Feed Mineral Market By Type, From 2022 - 2027 (USD Million)
  3. Latin America Macro Minerals Market By Region, From 2022 - 2027 (USD Million)
  4. Latin America Micro Minerals Market By Region, From 2022 - 2027 (USD Million)
  5. Latin America Feed Mineral Market By Animal Type , From 2022 - 2027 (USD Million)
  6. Latin America Poultry Market By Region, From 2022 - 2027 (USD Million)
  7. Latin America Aquaculture Market By Region, From 2022 - 2027 (USD Million)
  8. Latin America Swine Market By Region, From 2022 - 2027 (USD Million)
  9. Latin America Ruminant Market By Region, From 2022 - 2027 (USD Million)
  10. Latin America Other animals Market By Region, From 2022 - 2027 (USD Million)
  11. Brazil Feed Mineral Market By Type, From 2022 - 2027 (USD Million)
  12. Brazil Feed Mineral Market By Animal Type , From 2022 - 2027 (USD Million)
  13. Argentina Feed Mineral Market By Type, From 2022 - 2027 (USD Million)
  14. Argentina Feed Mineral Market By Animal Type , From 2022 - 2027 (USD Million)
  15. Mexico Feed Mineral Market By Type, From 2022 - 2027 (USD Million)
  16. Mexico Feed Mineral Market By Animal Type , From 2022 - 2027 (USD Million)
  17. Latin America Macro Minerals Market By Type, From 2022 - 2027 (USD Million)
  18. Latin America Potassium Market By Region, From 2022 - 2027 (USD Million)
  19. Latin America Phosphorous Market By Region, From 2022 - 2027 (USD Million)
  20. Latin America Magnesium Market By Region, From 2022 - 2027 (USD Million)
  21. Latin America Calcium Market By Region, From 2022 - 2027 (USD Million)
  22. Latin America Other Macro Minerals Market By Region, From 2022 - 2027 (USD Million)
  23. Brazil Macro Minerals Market By Type, From 2022 - 2027 (USD Million)
  24. Argentina Macro Minerals Market By Type, From 2022 - 2027 (USD Million)
  25. Mexico Macro Minerals Market By Type, From 2022 - 2027 (USD Million)
  26. Latin America Micro Minerals Market By Type, From 2022 - 2027 (USD Million)
  27. Latin America Zinc Market By Region, From 2022 - 2027 (USD Million)
  28. Latin America Iron Market By Region, From 2022 - 2027 (USD Million)
  29. Latin America Copper Market By Region, From 2022 - 2027 (USD Million)
  30. Latin America Other Micro Minerals Market By Region, From 2022 - 2027 (USD Million)
  31. Brazil Micro Minerals Market By Type, From 2022 - 2027 (USD Million)
  32. Argentina Micro Minerals Market By Type, From 2022 - 2027 (USD Million)
  33. Mexico Micro Minerals Market By Type, From 2022 - 2027 (USD Million)

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