South America Swine Feed Premix Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 2.01 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Swine Feed Premix Market Analysis
South America Swine Feed Premix Market is estimated to register a CAGR of 2.01% during the forecast period. Pigs loss due to the outbreak of swine fever in Asian countries such as China caused a surge in the South American swine production, due to the fact that South American countries are some of the major suppliers of swine meat to Asian countries. Therefore increasing swine production in the region has been acting as the prime driver of the market studied.
South America Swine Feed Premix Market Trends
This section covers the major market trends shaping the South America Swine Feed Premix Market according to our research experts:
Increasing Swine Production Drives the Market
Pork is one of the most popular meats consumed in South American countries. The increased consumption and export demand caused a boom in the South American swine production industry. According to FAO, the region produced 65.1 million heads of pigs in 2016 increasing to 67.1 million in 2018. Brazil and Argentina are the leading producers of pigs on the continent. Therefore increasing swine production along with the large consumption demand is anticipated to fuel the swine feed premix market further.
Brazil Dominates the Market
Brazil is the third-largest producer of Swine in the world and the largest in South America. According to FAO, the country produced 41.4 million heads of pigs in 2018, which is 1.35 million more than the pigs in 2016. The recent swine fever and flu outbreak caused a significant loss of pigs in China fulling pig farming in Brazil as Brazil is one of the major suppliers of pork meat. Thereby, the rise in domestic consumption of pork meat along with the increased export demand has been acting as a prime driver of the market studied.
South America Swine Feed Premix Industry Overview
The South America swine feed premix market is fragmented with many global and regional players. The major companies are focused on expanding their businesses across regions and setting up new plants for increasing production capacity, as well as product lines. Cargill Inc, Nutreco N.V., Adisseo, and Kemin Industries are the leading players in the region.
South America Swine Feed Premix Market Leaders
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Nutreco N.V.
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Cargill Inc.
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Kemin Industries
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Novus International Inc.
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Adisseo
*Disclaimer: Major Players sorted in no particular order
South America Swine Feed Premix Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
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4.4 Porter's Five Force Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
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5.1 By Ingredient Type
- 5.1.1 Antibiotics
- 5.1.2 Vitamins
- 5.1.3 Antioxidants
- 5.1.4 Amino Acids
- 5.1.5 Minerals
- 5.1.6 Others
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5.2 Geography
- 5.2.1 Brazil
- 5.2.2 Argentina
- 5.2.3 Rest of South America
6. COMPETITIVE LANDSCAPE
- 6.1 Most Adopted Strategies
- 6.2 Market Share Analysis
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6.3 Company Profiles
- 6.3.1 Novus International
- 6.3.2 Elanco
- 6.3.3 Alltech Inc
- 6.3.4 ADM Animal Nutrition
- 6.3.5 Cargill Inc
- 6.3.6 Lallemand Animal Nutrition
- 6.3.7 Kemin Industries
- 6.3.8 Nutreco
- 6.3.9 Adisseo
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19
South America Swine Feed Premix Industry Segmentation
Swine feed premix includes vitamins, trace minerals, medicaments, and feed supplements necessary for the growth of pigs. The South American feed premix market report analyses all the market aspects such as market size, competitive landscape, and future opportunities along with the major market drivers. The market is segmented by ingredients and geography.
By Ingredient Type | Antibiotics |
Vitamins | |
Antioxidants | |
Amino Acids | |
Minerals | |
Others | |
Geography | Brazil |
Argentina | |
Rest of South America |
South America Swine Feed Premix Market Research FAQs
What is the current South America Swine Feed Premix Market size?
The South America Swine Feed Premix Market is projected to register a CAGR of 2.01% during the forecast period (2024-2029)
Who are the key players in South America Swine Feed Premix Market?
Nutreco N.V., Cargill Inc., Kemin Industries, Novus International Inc. and Adisseo are the major companies operating in the South America Swine Feed Premix Market.
What years does this South America Swine Feed Premix Market cover?
The report covers the South America Swine Feed Premix Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Swine Feed Premix Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Swine Feed Premix Industry Report
Statistics for the 2024 South America Swine Feed Premix market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Swine Feed Premix analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.