South America Animal Feed Market

 

South America Animal Feed Market Forecast to 2027 – COVID-19 Impact and Analysis - By Form (Pellets, Crumbles, Mash, and Others), and Livestock (Poultry, Ruminants, Swine, Aquaculture, and Others)

 

Number of Pages: 75

Market Introduction

South America includes Brazil, Argentina, and the rest of South America. The region is contributing to the growth of animal feed owing to the rise in animal farming. Growing expenditure on nutrition and health, disposable income, and consumer awareness are some of the key factors driving the animal feed market in South America. Moreover, rising investments by major players to optimize supply chain and improve operations are expected to boost the animal feed market growth in the coming years. South America is the fastest-developing market across the world but is less mature and slow compared to other regions in terms of the animal feed market. Chile, Peru, and Brazil are some of the major areas which are driving the growth of the market.

South America Animal Feed Strategic Insights

Strategic insights for the South America Animal Feed provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South America Animal Feed Report Scope

South America Animal Feed Regional Insights

The geographic scope of the South America Animal Feed refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

Market Overview and Dynamics

The animal feed market in SAM is expected to grow from US$ 57,619.73

million in 2018 to US$ 76,302.18 Mn by 2027; it is estimated to grow at a CAGR of 3.1% from 2019 to 2027. According to the United Nations, 821 Mn people in 2018 were undernourished. Taking into account all the people in the world affected by moderate levels of food insecurity as well as those who suffer from hunger, it is estimated that more than 2 billion people do not have regular access to sufficient and nutritious food. The World Bank and many private and public companies have made investments in rural and agricultural development to boost nutrition and food production and mitigate food insecurity. The unabated increase in the population has strained the food supply chain and increased the demand for high calorie and protein diet. According to a study by the United Nations, the world will need 70% more food to feed a population of 9.6 billion people. Hence, technological advancements in animal nutrition to improve productivity of farm animals and increase the production of dairy and milk has become paramount to provide adequate nutrition to the world. The need for wholesome food to feed the burgeoning population base presents a lucrative opportunity for the livestock, meat, dairy, and its allied animal feed industry. Animal feed industry is anticipated to receive investments across the globe to aid in balanced nutrition program of animals, which is crucial to supplement the protein and daily nutrition requirements of the world. This is bolstering the growth of the SAM animal feed market.

 

 

Brazil has the highest number of COVID-19 cases, followed by Ecuador, Chile, Peru, and Argentina, among others. The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread. It is anticipated that South America will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the United States, which are important trade partners. Containment measures in several countries of South America will reduce economic activity in the manufacturing and service sectors for at least the next quarter, with a rebound once the epidemic is contained.

 

Key Market Segments

In terms of form, the pellets accounted for the largest share of the SAM animal feed market in 2018. In terms of livestock, the poultry segment held a larger market share of SAM animal feed market in 2018.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the SAM animal feed market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Archer Daniel Midland Co., Cargill Inc., Charoen Pokphand Foods PLC, Evonik Industries AG, Nutreco NV, and Perdue Farms Inc.

Reasons to buy report

• To understand the SAM animal feed market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for SAM animal feed market
• Efficiently plan M&A and partnership deals in SAM animal feed market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form SAM animal feed market
• Obtain market revenue forecast for market by various segments from 2020-2027 in SAM region.

SAM ANIMAL FEED MARKET SEGMENTATION

• By

  Form

  • Pellets
  • Crumbles
  • Mash
  • Others

• By

  Livestock

  • Poultry
  • Ruminants
  • Swine
  • Aquaculture
  • Others

• By

  Country

  • • Brazil
    • Argentina
    • Rest of SAM

 

Company Profiles

• Archer Daniel Midland Co.
• Cargill Inc.
• Charoen Pokphand Foods PLC
• Evonik Industries AG
• Nutreco NV
• Perdue Farms