Market Size of South America Swine Feed Industry
| 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
*Disclaimer: Major Players sorted in no particular order |
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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 |
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.
South America Swine Feed Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Introduction to Market Drivers and Restraints
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1.3 Market Drivers
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1.4 Market Restraints
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2. MARKET SEGMENTATION
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2.1 Ingredient Type
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2.1.1 Cereals
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2.1.2 Cereals by-products
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2.1.3 Oil Seed Meal
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2.1.4 Oils
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2.1.5 Suplements
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2.1.6 Others
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2.2 Supplement Type
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2.2.1 Vitamins
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2.2.2 Amino Acids
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2.2.3 Antibiotics
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2.2.4 Enzymes
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2.2.5 Antioxidants
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2.2.6 Acidifiers
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2.2.7 Probiotics & Prebiotics
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2.2.8 Others
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2.3 Geography
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2.3.1 Brazil
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2.3.2 Argentina
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2.3.3 Rest of South America
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South America Swine Feed Market Size FAQs
What is the current South America Swine Feed Market size?
The South America Swine Feed Market is projected to register a CAGR of 2.5% during the forecast period (2024-2029)
Who are the key players in South America Swine Feed Market?
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.
