Argentina Compound Feed Market Size (2024 - 2029)

The compound feed market size in Argentina is experiencing growth, driven by the country's high per capita beef and poultry consumption levels. The expansion of grass-fed cattle operations and new export opportunities are contributing to this growth, although rising commodity input costs, exacerbated by recent currency depreciation, are challenging feedlot operation margins.

Home Market Analysis Animal Nutrition & Wellness Research Compound Feed Research Argentina Compound Feed Market Market Size

Market Size of Argentina Compound Feed Industry

Market Overview
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.60 %

Major Players

Argentina Compound Feed Market Major Players

*Disclaimer: Major Players sorted in no particular order

Argentina Compound Feed Market Analysis

The market for compound feed in Argentina is projected to register a CAGR of 4.6%, during the forecast period. According to the Chamber of Industry and Commerce of Meat and Derivatives the Rep. Argentina (CICCRA), Argentina has one of the largest per capita beef consumption levels in the world, at 55.9 kg per head, and the poultry consumption was 39.9 kg per capita, in 2017. Grass-fed cattle operations are seeing positive returns and new export opportunities continue to spur investment in herd expansion. Rising commodity input costs, however, due to recent currency depreciation in the year 2018, are negatively impacting margins of feedlot operations.

Argentina Compound Feed Industry Segmentation

The Argentina Compound Feed Market is segmented By Animal Type (Ruminants, Poultry, Swine, and Others), By Ingredients (Cereal, Cakes & Meals, By-Products, and Supplements). The supplement segment is further segmented into Vitamins, Amino Acids, Enzymes, Acidifiers, Probiotics and Prebiotics, and Other Supplements.

Ingredient
Cereals
Cakes & Meals
By-products
Supplements
Animal Type
Ruminants
Poultry
Swine
Other Animal Types
Need A Different Region Or Segment?
Customize Now

Argentina Compound Feed Market Size Summary

The Argentina compound feed market is experiencing a steady growth trajectory, driven by the country's significant consumption of animal products, particularly beef and poultry. The demand for high-quality animal-based foods is on the rise, fueled by increasing population and a shift towards greater protein intake. This trend is creating opportunities for feed manufacturers to enhance animal productivity and expand their market presence. The poultry industry, in particular, holds a dominant position in the compound feed market, leveraging Argentina's competitive pricing in chicken meat to boost exportation. Despite challenges such as rising commodity input costs due to currency depreciation, the market is poised for continued expansion, supported by investments in herd expansion and feed additives.

The market landscape is characterized by the presence of major players like Alltech, Cargill, and Land O'Lakes, who are actively investing in upgrading production capacities and technologies. These companies are also engaging in strategic mergers and acquisitions to strengthen their market position and support smaller regional players. The shift towards a more intensive farming model, alongside the substantial use of corn in the feed industry, underscores the evolving dynamics of the Argentinian compound feed market. As the country transitions from traditional grazing methods to more intensive models, the demand for compound feed is expected to grow, further bolstering the market's expansion prospects.

Explore More

Argentina Compound Feed Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porters Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Ingredient

      1. 2.1.1 Cereals

      2. 2.1.2 Cakes & Meals

      3. 2.1.3 By-products

      4. 2.1.4 Supplements

    2. 2.2 Animal Type

      1. 2.2.1 Ruminants

      2. 2.2.2 Poultry

      3. 2.2.3 Swine

      4. 2.2.4 Other Animal Types

Argentina Compound Feed Market Size FAQs

The Argentina Compound Feed Market is projected to register a CAGR of 4.60% during the forecast period (2024-2029)

Cargill inc., LAND O’ LAKES INC. (PURINA MILLS), ALLtech inc., Archer Daniels Midland Company and United Animal Health are the major companies operating in the Argentina Compound Feed Market.

Argentina Compound Feed Report Snapshots

Argentina Compound Feed Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)