Market Size of south america feed amino acids Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 0.89 Billion |
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Market Size (2029) | USD 1.14 Billion |
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Largest Share by Sub Additive | Lysine |
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CAGR (2024 - 2029) | 5.01 % |
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Largest Share by Country | Brazil |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
South America Feed Amino Acids Market Analysis
The South America Feed Amino Acids Market size is estimated at 0.89 billion USD in 2024, and is expected to reach 1.14 billion USD by 2029, growing at a CAGR of 5.01% during the forecast period (2024-2029).
0.89 Billion
Market Size in 2024 (USD)
1.14 Billion
Market Size in 2029 (USD)
4.87 %
CAGR (2017-2023)
5.01 %
CAGR (2024-2029)
Largest Market by Sub-Additive
38.27 %
value share, Lysine, 2023
Lysine demand is highest in the region as it reduces feed costs by balancing the amino acid composition in livestock diets, along with the rising demand for poultry products.
Largest Market by Country
49.15 %
value share, Brazil, 2023
Brazil is the largest market because of the increased livestock population and demand and consumption of meat.
Fastest-growing Market by Sub-Additive
5.11 %
Projected CAGR, Methionine, 2024-2029
Methionine is the fastest-growing segment in the region owing to the rising demand for livestock products and rising awareness about the benefits of healthy animal feed.
Fastest-growing Market by Country
5.52 %
Projected CAGR, Chile, 2024-2029
Chile is growing at the fastest rate due to rapid urbanization, rising consumption of meat and other end products, and increasing livestock population.
Leading Market Player
9.19 %
market share, SHV (Nutreco NV), 2022
SHV (Nutreco NV) is the market leader as it adopted the acquisition strategy in the region and acquired regional players such as Bigsal and Bellman Nutrição Animal.
- In 2022, South America's feed amino acids market accounted for 20.5% of the total feed additives market in the region. Lysine was the most crucial for animal nutrition among all amino acids, accounting for 38.3% of the South American feed amino acids market in terms of value. Lysine is essential for animal growth and maintenance, making it an integral part of the ideal protein diet.
- Poultry was the primary animal type in the South American feed amino acid market in 2022, accounting for 52.5% of the market share value. The increase in poultry headcount by 10.1% between 2017 and 2022 was a contributing factor to this high market share.
- Brazil held a major share of the South American methionine market in 2022, accounting for around 48.2% of the market share in terms of value. The country's high cattle and poultry population led to the highest consumption of methionine in Brazil. In 2021, the headcount of poultry and ruminants accounted for 1,564.9 million and 258.6 million, respectively.
- Threonine was the third-largest segment in the South American feed amino acids market, accounting for a market value of USD 117.5 million in 2022. The rising demand for amino acid feed, along with the increase in feed costs, is expected to support the overall market growth.
- The dairy cattle segment is expected to be the fastest-growing segment in the South American methionine market during the forecast period, registering a CAGR of 5.6%. Methionine plays a critical role in increasing the protein and fat content and growth of cattle, leading to high demand.
- Due to the importance of feed amino acids in animal nutrition and the increased animal population in the region, the South American feed amino acids market is anticipated to grow, registering a CAGR of 5.0% during the forecast period.
Understand The Key Trends Shaping This Market
- In 2022, Brazil cemented its position as the largest feed amino acid market in South America, holding around a 49.0% share of the regional market. This growth trajectory saw an impressive 28.1% increase between 2017 and 2022, primarily propelled by the country's burgeoning meat and dairy industry. Meanwhile, Argentina is the second-largest market, currently valued at USD 141.1 million in 2022, with a projected CAGR of 4.9% to reach USD 197.0 million in 2029. This anticipated growth is largely attributed to a 15.2% increase in feed production between 2017 and 2022.
- Lysine accounted for the most consumed amino acid in the country, boasting a 38.3% market share value, followed closely by methionine with 30.6%. The popularity of these amino acids can be attributed to their ability to facilitate protein synthesis and subsequent meat production while balancing gut acids. Poultry feed production was the dominant sector, with a total output of 42.8 million metric tons in 2022, experiencing a significant 14.2% increase between 2017 and 2022. Ruminants were the second-largest animal type in feed production, accounting for 12.4 million metric tons in 2022. As feed production rises, the demand for feed amino acids in the country also increases.
- The beef cattle segment is projected to be the fastest-growing sector in the feed amino acid market, with an impressive CAGR of 5.0%. This surge can be attributed to the high feed intake of beef cattle and an overall 6.1% increase in ruminant headcount, including beef cattle, between 2017 and 2022. Based on these contributing factors, the feed amino acid market is poised for continued growth during the forecast period.
South America Feed Amino Acids Industry Segmentation
Lysine, Methionine, Threonine, Tryptophan are covered as segments by Sub Additive. Aquaculture, Poultry, Ruminants, Swine are covered as segments by Animal. Argentina, Brazil, Chile are covered as segments by Country.
- In 2022, South America's feed amino acids market accounted for 20.5% of the total feed additives market in the region. Lysine was the most crucial for animal nutrition among all amino acids, accounting for 38.3% of the South American feed amino acids market in terms of value. Lysine is essential for animal growth and maintenance, making it an integral part of the ideal protein diet.
- Poultry was the primary animal type in the South American feed amino acid market in 2022, accounting for 52.5% of the market share value. The increase in poultry headcount by 10.1% between 2017 and 2022 was a contributing factor to this high market share.
- Brazil held a major share of the South American methionine market in 2022, accounting for around 48.2% of the market share in terms of value. The country's high cattle and poultry population led to the highest consumption of methionine in Brazil. In 2021, the headcount of poultry and ruminants accounted for 1,564.9 million and 258.6 million, respectively.
- Threonine was the third-largest segment in the South American feed amino acids market, accounting for a market value of USD 117.5 million in 2022. The rising demand for amino acid feed, along with the increase in feed costs, is expected to support the overall market growth.
- The dairy cattle segment is expected to be the fastest-growing segment in the South American methionine market during the forecast period, registering a CAGR of 5.6%. Methionine plays a critical role in increasing the protein and fat content and growth of cattle, leading to high demand.
- Due to the importance of feed amino acids in animal nutrition and the increased animal population in the region, the South American feed amino acids market is anticipated to grow, registering a CAGR of 5.0% during the forecast period.
| Sub Additive | |
| Lysine | |
| Methionine | |
| Threonine | |
| Tryptophan | |
| Other Amino Acids |
| Animal | |||||||
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| Swine | |||||||
| Other Animals |
| Country | |
| Argentina | |
| Brazil | |
| Chile | |
| Rest of South America |
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South America Feed Amino Acids Market Size Summary
The South America Feed Amino Acids Market is experiencing a robust growth trajectory, driven by the increasing demand for animal nutrition and the rising animal population in the region. Lysine, a critical amino acid for animal growth, dominates the market, particularly in poultry feed, which holds a significant share due to the substantial increase in poultry headcount. Brazil stands out as the largest market, fueled by its extensive cattle and poultry population, while Argentina follows as the second-largest market. The demand for methionine is also on the rise, especially in the dairy cattle segment, which is expected to be the fastest-growing sector. The market's expansion is further supported by the increasing feed costs and the essential role of amino acids in enhancing protein synthesis and meat production.
The poultry farming industry in South America, particularly in Brazil, is witnessing steady growth due to the high yield and quick return on investment, alongside the region's position as a major global poultry exporter. The aquaculture sector is also contributing to the market's expansion, with significant increases in feed production for both fish and shrimp, driven by the rising demand for high-quality protein and export opportunities. The market is characterized by fragmentation, with major players like Adisseo, Evonik Industries AG, IFF, Lonza Group Ltd., and SHV (Nutreco NV) holding substantial shares. Strategic acquisitions and partnerships, such as Novus International's acquisition of Agrivida and Evonik's collaboration with BASF, are enhancing the capabilities and market presence of these companies, further propelling the growth of the feed amino acids market in South America.
South America Feed Amino Acids Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Sub Additive
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1.1.1 Lysine
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1.1.2 Methionine
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1.1.3 Threonine
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1.1.4 Tryptophan
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1.1.5 Other Amino Acids
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1.2 Animal
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1.2.1 Aquaculture
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1.2.1.1 By Sub Animal
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1.2.1.1.1 Fish
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1.2.1.1.2 Shrimp
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1.2.1.1.3 Other Aquaculture Species
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1.2.2 Poultry
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1.2.2.1 By Sub Animal
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1.2.2.1.1 Broiler
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1.2.2.1.2 Layer
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1.2.2.1.3 Other Poultry Birds
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1.2.3 Ruminants
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1.2.3.1 By Sub Animal
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1.2.3.1.1 Beef Cattle
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1.2.3.1.2 Dairy Cattle
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1.2.3.1.3 Other Ruminants
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1.2.4 Swine
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1.2.5 Other Animals
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1.3 Country
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1.3.1 Argentina
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1.3.2 Brazil
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1.3.3 Chile
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1.3.4 Rest of South America
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South America Feed Amino Acids Market Size FAQs
How big is the South America Feed Amino Acids Market?
The South America Feed Amino Acids Market size is expected to reach USD 892.17 million in 2024 and grow at a CAGR of 5.01% to reach USD 1.14 billion by 2029.
What is the current South America Feed Amino Acids Market size?
In 2024, the South America Feed Amino Acids Market size is expected to reach USD 892.17 million.
