Market Share of South Africa Compound Feed Industry
Leading companies focused on acquiring feed mills and small manufacturing for expansion of the business in local as well as foreign markets. Some of the players have been expanding their geographical presence by acquiring or merging with the manufacturers in the foreign market. Companies like Cargill Inc, Archer Daniels Midland, Charoen Pokphand, Nutreco NV, Novus International, Meadow Feeds, Alltech Inc., New Hope Group.
In 2016, Nutreco acquired Advit, a South African premix and feed additive company having a solid market position in the country. This strategic acquisition by Nutreco is a step to achieve market expansion in South Africa.
South Africa Compound Feed Market Leaders
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Cargill Inc.
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Novus International
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Archer Daniels Midland
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Alltech Inc.
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New Hope Group
*Disclaimer: Major Players sorted in no particular order