Share on

Latin America Acids And Nutrients In Animal Nutrition Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Type, Application And By Country (Brazil, Mexico, Argentina, Chile and Rest Of Latin America) – Industry Analysis From 2024 to 2029

Published: March, 2023
ID: 2396
Pages: 134
Formats: report pdf report excel report power bi report ppt

Latin America Acids and Nutrients in Animal Nutrition Market Size (2024 to 2029)

Latin American acids and nutrients in animal nutrition market size is expected to reach USD 1.09 billion in 2024 and USD 1.42 billion by 2029, estimated to be growing at a CAGR of 5.5% from 2024 to 2029.

Latin America also contributes a considerable share of the market manufactures of animal feed have begun providing feed with nutrition to the animals which are rich in nutrients, acids and proteins. It is mainly because of the face that High demand for meat and milk is expected. All these sectors are empowering the manufactures of feed which has high nutrition valve such that the animals are safe and healthy.

The increase in the awareness of the quality of animal feed for domestic animals and the requirements of nutrition value for the animals are the drivers for acids and nutrients in the animal nutrition market. The increase in the use of animal feed is expected to have a good impact on the growth of the market in the future. Growth in the meat and milk sectors is showing an impact on the manufacturers of feeds to give more quality feeds that are rich in nutrients and acids. Hence, it is adding to the growth of the market. High-nutrition feeds promise good health to the animals and protect them from endemic diseases. Using amino acids has its own benefits. Huge volume requirements for cattle feed are the major driving factor for the market. High development can be seen in aquaculture for the nutrition and health maintenance of the animals in water because of the large human consumption of aquatic animals like fish and others that are highly helping in the growth of the market.

This research report on the Latin American acids and nutrients in the animal nutrition market is segmented and sub-segmented By Type and Application:

Latin America Acids and Nutrients in Animal Nutrition Market – By Type:

  • Proteins
  • Minerals
  • Vitamins
    • Vitamin A
    • Vitamin E
    • Vitamin B2
    • and Vitamin C
  • Carbohydrates
  • Amino Acids
  • Organic Acids
  • Fibers

Amino acids are the major segment that contributes to the growth of the market. 

Latin America Acids and Nutrients in Animal Nutrition Market – By Application:

  • Ruminant Feed
  • Poultry Feed
  • Aqua feed
  • Swine Feed
  • Equine Feed
  • Other Livestock Types

Ruminants are to dominate the market and are expected to continue in the following years.

Latin America Acids and Nutrients in Animal Nutrition Market - By Country:

  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Rest of Latin America

KEY MARKET PLAYERS:

Some of the major companies dominating the market, by their products and services, are Adisseo France S.A.S, Archer Daniels Midland Company, BASF SE, Cargill Incorporated, Charoen Pokphand Foods Pcl., Royal DSM N.V., Evonik Industries Ag, Nutreco N.V., Alltech, Novus International Inc.

Please wait. . . . Your request is being processed

FAQ's

What are the major growth drivers for the Acids and Nutrients in Animal Nutrition Market in Latin America?

Key drivers include the expansion of the livestock industry, increasing consumer demand for meat and dairy products, and a growing awareness of the importance of animal nutrition for productivity and animal welfare.

Are there any specific regulatory challenges unique to the Latin American market for animal nutrition products?

Regulatory challenges may include navigating diverse regulatory frameworks across countries, registration requirements for feed additives, and ensuring compliance with labeling and safety standards set by local authorities.

How has the COVID-19 pandemic affected the Acids and Nutrients in Animal Nutrition Market in Latin America?

The pandemic disrupted supply chains and logistics, leading to temporary shortages and price fluctuations for feed additives. However, the market showed resilience, driven by the essential nature of animal agriculture.

What are the main challenges faced by small-scale farmers in accessing acids and nutrients for animal nutrition?

Challenges include limited access to information and technical support, affordability of feed additives, and logistical constraints in sourcing and purchasing small quantities of products.

What technological innovations are driving advancements in the Acids and Nutrients in Animal Nutrition Market in Latin America?

Technological innovations include the development of encapsulation techniques to improve the delivery of nutrients, precision feeding systems for optimizing feed efficiency, and digital platforms for monitoring animal health and performance.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample