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Latin America Animal Feed Market to Reach 228.7 Million Tons by 2033
Latin America Animal Feed Market Overview
Market Size in 2024: 193.2 Million Tons
Market Forecast in 2033: 228.7 Million Tons
Market Growth Rate (2025–2033): 1.7% CAGR
The Latin America animal feed market size reached 193.2 Million Tons in 2024, according to a new report by IMARC Group. Looking forward, the market is projected to reach 228.7 Million Tons by 2033, expanding at a CAGR of 1.7% during 2025–2033.
Latin America Animal Feed Market Trends and Drivers:
Latin America is seeing steady growth in livestock farming. This rise is due to the growing demand for meat, dairy, and poultry in local and export markets. This drives the demand for high-quality, nutritious animal feed. It helps keep cattle, poultry, swine, and aquaculture species healthy and productive.
Shift Towards Commercial and Specialized Feed Formulations
The region is moving away from traditional fodder and forage. Now, it focuses on compound feed and nutrition products. Commercial feed mills now offer blends that are specific to each species. These blends are fortified with amino acids, enzymes, and probiotics. This helps improve feed conversion ratios and boosts animal performance.
Abundant Availability of Protein-Rich Raw Materials
Latin America has a strong agricultural base. These resources are available in the region. This helps manufacturers lower input costs. They can also meet both local and export feed needs.
Government Support for Sustainable and Integrated Production Systems
Countries like Brazil, Argentina, and Mexico want better food safety and environmental protection. They support integrated production systems and responsible feed practices. These measures include incentives for eco-friendly feed production, traceability systems, and quality certifications.
Latin America Animal Feed Market News
- June 2025: Brazil’s BRF S.A. announces a USD 50 million investment in expanding its animal feed production capacity for poultry and swine.
- February 2025: Cargill opens a new feed research center in Argentina focusing on sustainable aquaculture nutrition.
- October 2024: ADM partners with local producers in Colombia to improve feed formulation using enzyme technologies.
- August 2024: Mexico’s National Association of Feed Manufacturers launches a new digital traceability system for compound feed.
For an in-depth analysis, you can refer sample copy of the report:
https://www.imarcgroup.com/latin-america-animal-feed-market/requestsample
Latin America Animal Feed Market Segmentation:
Breakup by Type:
- Fodder
- Forage
- Compound Feed
Breakup by Livestock:
- Swine
- Aquatic Animals
- Cattle
- Poultry
- Others
Breakup by Raw Material:
- Soya
- Canola
- Rendered Meal
- Others
Breakup by Production System:
- Integrated
- Commercial Mills
Breakup by Country:
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Others
Explore the Full Report with Charts, Table of Contents, and List of Figures:
https://www.imarcgroup.com/request?type=report&id=4554&flag=C
Key Highlights of the Report:
- Market Performance (2018–2023)
- Market Outlook (2025–2033)
- Industry Trends and Developments
- SWOT Analysis
- Value Chain Analysis
- Comprehensive Segmentation
- Competitive Landscape Analysis
- Strategic Recommendations
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research and consulting firm that offers management strategy and market research worldwide. We partner with businesses across sectors to provide strategic insights, actionable intelligence, and growth consulting services.
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Tel No (D): +91-120-433-0800
United States: +1-631-791-1145
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