Latin America Feed Additives Market - Industry Trends and Forecast to 2027

Latin America Feed Additives Market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.0% in the forecast period of 2020 to 2027 and is expected to reach USD 5,198,638.51 thousand by 2027.
Feed additives are utilized as a supplement for livestock to enhance feed composition, feed efficiency, digestibility, animal-based product quality and quantity, reproduction, and hatchability among others. The benefits associated with the feed ingredients such as amino acids, vitamins, and enzymes among others required for animal welfare. The growth in the development of animal nutrition and the requirement of quality-based meat products has augmented the application of nutritional ingredients in feed production.
A high-ranking LATIN AMERICA FEED ADDITIVES MARKET report is a wide-ranging background analysis of the LATIN AMERICA FEED ADDITIVES MARKET industry which includes an assessment of the parental market. With the global a market data provided in the report, it has become easy to achieve global perspective for the international business. This market report also contains market drivers and market restraints for LATIN AMERICA FEED ADDITIVES MARKET industry that are derived from SWOT analysis, and also shows what all the recent developments, product launches, joint ventures, mergers, and acquisitions by the several key players and brands that are driving the market are by systemic company profiles.

According to an excellent LATIN AMERICA FEED ADDITIVES MARKET report, the market is supposed to demonstrate a considerable growth during the forecast period of 2021 - 2028. The company profiles of all the key players and brands that are dominating the market have been given in this report. Their moves like product launches, joint ventures, mergers, and acquisitions and the respective effect on the sales, import, export, revenue and CAGR values have been studied completely in the report. The scope of market report can be expanded from market scenarios to comparative pricing between major players. The emerging trends along with major drivers, challenges, and opportunities in the market are also identified and analysed in the dependable LATIN AMERICA FEED ADDITIVES MARKET business report.

• On the basis of type of additive, the feed additives market is segmented into enzymes, amino acid, feed acidifiers, mycotoxin detoxifiers, probiotics, vitamins, preservatives, flavours and sweeteners, nitrogen, phytogenic, carotenoids, trace minerals, antioxidants and others. In 2020, the amino acid segment is dominating the market, as amino acid is a key component of the animal nutrition which helps in maintaining the physiological and biochemical structure of livestock. The wide applications of essential amino acid in swine and ruminants have led manufacturers to expand their business due to fulfilling the need of amino acid in feed production. For instance, in July 2016, Evonik expanded their production capability with expansion in the production of essential amino acid up to 80,000 metric tons in Brazil.
• On the basis of form, the feed additives market is segmented into powder/dry and liquid. In 2020 powder/dry segment is dominating the market as majority of the feed additives are granulated and manufactured using the dry form ingredient due to the convenience in handling and transportation.

The countries covered in feed additives market report are the

• Mexico,
• Colombia,
• Peru,
• Ecuador,
• Guatemala,
• Costa Rica,
• Panamá,
• El Salvador,
• Honduras,
• Dominican Republic,
• Jamaica,
• Puerto Rico,
• Brazil,
• Argentina,
• Chile,
• Paraguay,
• Uruguay and Rest of Latin America.

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Competitive Landscape and Feed additives Market Share Analysis

• Lucta, Cargill,
• Incorporated,
• TECHNA SA,
• Cytozyme Laboratories,
• pancosma (A Subsidiary of ADM),
• Kemin Industries, Inc.,
• Tate & Lyle,
• Adisseo,
• BARENTZ,
• Prinova Group LLC (A Subsidiary of NAGASE & CO., LTD.),
• Norel S.A.
• DuPONT, Bentoli, Alltech,
• BIOMIN Holding GmbH,
• Minervet S.A.,
• Global Animal Products,
• YesSinergy,
• Trouw Nutrition,
• Vetanco, BASF SE,
• DSM,
• BEHN MEYER,
• Kerry Group plc,
• Jefo, Balchem Inc.,
• Novozymes,
• Zinpro Corporation,
• BioResource International, Inc.,
• BioMar Group (A Subsidiary of Schouw & Co.)
• Chr. Hansen Holding A/S,
• AB Vista (A Subsidiary of Associated British Foods plc),
• Dr. Bata Zrt. among others.

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major toc of the report
1. INTRODUCTION
2. MARKET SEGMENTATION
3. EXECUTIVE SUMMARY
4. PREMIUM INSIGHTS
5. MARKET OVERVIEW
6. COMPANY OVERVIEW

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