South America Swine Feed Market Size (2024 - 2029)

The South America swine feed market is experiencing growth driven by the rising demand for pork meat, which is a key factor influencing the market size. Additionally, increased awareness of quality meat and heightened livestock production are contributing to the expansion of the market. Although pork consumption in South America is lower compared to regions like the European Union and China, there has been a notable increase in countries such as Chile, Argentina, and Brazil, further supporting the growth of the swine feed market in the region.

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Market Size of South America Swine Feed Industry

Market Snapshot
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 2.50 %
Market Concentration Low

Major Players

South America Swine Feed Market Major Players

*Disclaimer: Major Players sorted in no particular order

South America Swine Feed Market Analysis

The South America Swine Feed Market is projected to grow at a CAGR of 2.5% during the forecast period (2020-2025). The growing demand for pork meat is the major driving force behind the growth of the swine feed market. Increased awareness regarding quality meat and increased livestock production are two other factors augmenting the growth of the market studied. Though demand for pork remains less in the region than that in the European Union countries and China, consumption has increased in Chile Argentina and Brazil over the years. This has in turn boosted the swine feed market in the region.

South America Swine Feed Industry Segmentation

Swine feed is prepared from a combination of nutrients, either from plant or animal sources, mainly consisting of soy meal, corn, barley, wheat, sorghum, minerals, vitamins, other micro nutrients and antibiotics. Swine feed is prepared from a combination of nutrients, either from plant or animal sources, mainly consisting of soy meal, corn, barley, wheat, sorghum, minerals, vitamins, other micro nutrients and antibiotics.

Ingredient Type
Cereals
Cereals by-products
Oil Seed Meal
Oils
Suplements
Others
Supplement Type
Vitamins
Amino Acids
Antibiotics
Enzymes
Antioxidants
Acidifiers
Probiotics & Prebiotics
Others
Geography
Brazil
Argentina
Rest of South America
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South America Swine Feed Market Size Summary

The South America swine feed market is experiencing growth driven by the increasing demand for pork meat, which is becoming more popular due to its affordability and appealing characteristics such as palatability and texture. This rising demand is supported by a growing middle-class population and shifting consumer preferences towards pork. While pork consumption in South America is still lower than in regions like the European Union and China, countries such as Chile, Argentina, and Brazil have seen a notable increase in consumption, thereby boosting the swine feed market. Brazil, in particular, stands out as the leading producer and exporter of live swine in the region, with a focus on high-quality feed to enhance pig meat quality for export purposes.

The market is characterized by a concentration of a few large players who hold a significant portion of the market share. These companies are actively expanding their operations by acquiring feed mills and small manufacturing units to strengthen their presence in both local and export markets. They are also investing in increasing production capacities and expanding product lines to meet the growing demand. Key players in the market include Cargill Inc., Purina Mills Inc. (Land O Lakes), Alltech, Inc., Archer Daniels Midland Company, and Trouw Nutrition (Nutreco NV), all of which are contributing to the market's development through strategic expansions and investments.

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South America Swine Feed Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Introduction to Market Drivers and Restraints

    3. 1.3 Market Drivers

    4. 1.4 Market Restraints

  2. 2. MARKET SEGMENTATION

    1. 2.1 Ingredient Type

      1. 2.1.1 Cereals

      2. 2.1.2 Cereals by-products

      3. 2.1.3 Oil Seed Meal

      4. 2.1.4 Oils

      5. 2.1.5 Suplements

      6. 2.1.6 Others

    2. 2.2 Supplement Type

      1. 2.2.1 Vitamins

      2. 2.2.2 Amino Acids

      3. 2.2.3 Antibiotics

      4. 2.2.4 Enzymes

      5. 2.2.5 Antioxidants

      6. 2.2.6 Acidifiers

      7. 2.2.7 Probiotics & Prebiotics

      8. 2.2.8 Others

    3. 2.3 Geography

      1. 2.3.1 Brazil

      2. 2.3.2 Argentina

      3. 2.3.3 Rest of South America

South America Swine Feed Market Size FAQs

The South America Swine Feed Market is projected to register a CAGR of 2.5% during the forecast period (2024-2029)

Cargill Inc., Purina Mills Inc.( Land O Lakes ), Alltech, Inc., Archer Daniels Midland Company and Trouw Nutrition (Nutreco NV) are the major companies operating in the South America Swine Feed Market.

South America Swine Feed Market Report Snapshots

South America Swine Feed Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)