Latin America Liquid Feed Supplements Market was valued at USD 1.21 billion in 2021 and is expected to show a CAGR of 5.45%, to reach USD 2.12 billion by 2026. The market is predicted to show significant growth during the mentioned forecasting period. It continues to expand along with the development in the animal healthcare sector.
Liquid feed supplements are the food additives which constitute protein, minerals and other nutritional substances required by animals. Liquid feed supplements are mixed along with the daily diets of pigs, cows, bulls, chickens and aquatic animals. They are mostly attached to the molasses which act as carrier substances for the provision of energy to the animals and also enhance the palatability of food.
Drivers and Restraints of Latin America Liquid Feed Supplements Market:
The major drivers for the growth of Latin America Liquid Feed Supplements Market are the growing population, increased meat consumption, developing economy, growing awareness regarding meat quality and increasing usage of animal products like leather, milk, etc. The factors restraining this market majorly include strict regulations imposed by governments and private agencies as well as lack of awareness among people.
Latin America Liquid Feed Supplements Market – By Type:
Latin America Liquid Feed Supplements Market – By Source:
In this classification, the Molasses segment has the largest share among all others.
Latin America Liquid Feed Supplements Market – By Livestock:
The ruminants segment holds the highest share and has the highest demand for liquid feed additives because of rising meat consumption lately.
On the basis of geography, the market is analysed under the regions Brazil, Argentina, Mexico and other countries of South America. These are emerging countries and are undergoing significant development in the animal healthcare sector. The growing population and rising disposable income has led to the increased consumption of meat and other animal products. Thus, the market has shown substantial growth in the past few years and will continue to grow in the future.
Some of the major companies dominating the market, by their products and services are Cargill Inc., Wesway Products, Cattle-Lac Liquid feed and Midwest liquid feeds.
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
2.2 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
3.1 Executive Summary
3.2 Key Inferences
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
5.1.6 Y-o-Y Growth Analysis, By Type
5.1.7 Market Attractiveness Analysis, By Type
5.1.8 Market Share Analysis, By Type
5.2.5 Y-o-Y Growth Analysis, By Source
5.2.6 Market Attractiveness Analysis, By Source
5.2.7 Market Share Analysis, By Source
5.3.7 Y-o-Y Growth Analysis, By Livestock
5.3.8 Market Attractiveness Analysis, By Livestock
5.3.9 Market Share Analysis, By Livestock
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
22.214.171.124 By Geographical Area
126.96.36.199 By Type
188.8.131.52 By Source
184.108.40.206 By Livestock
6.1.4 Market Attractiveness Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By Type
22.214.171.124 By Source
126.96.36.199 By Livestock
6.1.5 Market Share Analysis
188.8.131.52 By Geographical Area
184.108.40.206 By Type
220.127.116.11 By Source
18.104.22.168 By Livestock
6.4 Rest of Latin America
7.1 PESTLE analysis
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 GrainCorp Ltd.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.4 Land O’Lakes Inc.
8.5 Archer Daniels Midland Company
8.6 BASF SE
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
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