Latin America Gluten Feed Market

Latin America Gluten Feed Market Size (2024 to 2029)

The Latin American gluten feed market size is expected to reach USD 0.16 billion in 2024 and reach USD 0.21 billion by 2029, growing at a CAGR of 5.73% from 2024 to 2029.

The gluten feed market is predicted to showcase evident potential in the given period. The market has continued to build up momentum, with the increase in demand for protein in animal feed. Gluten feed is especially popular with producers that are close to processing plants in order to make transportation cost-effective. Gluten is a mixture of storage proteins, namely prolamins and glutelin, usually found in wheat and other related grains like barley, corn, rye, etc. Gluten is added to pet feeds in order to boost their protein content and thus maintain animal health.

Gluten feed recently came up as a potential substitute for fish meal in aquaculture feed, resulting in enormous growth in the market. Other key factors driving the market for gluten feed include strong demand in developing countries for gluten feed and corn gluten feed being used as a cost-effective substitute for the costly grain-based feed. Apart from these drivers, the market has faced some challenges and restraints as well. Some of these are sensitivity to gluten, changes in regulations for feed safety in the European Union regarding GM organisms in gluten feed imports, availability of alternatives to local feed, and sulfur toxicity, which is one of the rising concerns for feed manufacturers.

This research report on the Latin American gluten feed market is segmented and sub-segmented into the following categories.

Latin America Gluten Feed Market Analysis By Source

• wheat
• corn
• barley
• rye
• other

Latin America Gluten Feed Market Analysis By Livestock

• cattle
• poultry
• swine
• aquaculture
• other

The gluten feed market under source segmentation is dominated by wheat and based on livestock segmentation poultry accounts for the highest share in market due to increasing awareness among farmers regarding poultry and adoption of intensive techniques in farming.

COUNTRY ANALYSIS

• Brazil
• Mexico
• Argentina
• Rest of Latin America

On the basis of geographical analysis, the Latin America market is segmented under various regions, namely Brazil, Argentina, Mexico, and the rest of Latin America.

KEY PLAYERS IN THE LATIN AMERICA GLUTEN FEED MARKET 

Some of the major companies dominating the market, by their products and services, include The Roquette Group, Ingredion Incorporated, Archer Daniels Midland Company, Tate & Lyle Plc, Bunge Ltd., Cargill Incorporated, Grain Processing Corporation, Commodity Specialists Company, Agrana Group, Tereos Syral.