Latin America Animal Feed Additives Market

1. Latin America Animal Feed Additives Market by Growth Opportunities and Key Trends Analysis by Regional Players to 2027

2. Latin America Animal Feed Additives Market size is projected to surpass USD 3.5 billion by 2027. Rising demand for supplements in livestock and increasing consumption for meat & meat products are some of the important reasons which are creating various opportunities for the animal feed additives market. • Some major findings of the Latin America animal feed additives market report include: • The probiotics animal feed additives market should grow at a CAGR of over 5.5%. The impact of probiotics on intestinal bacteria is of prime importance owing to which it is widely used in animal feed thus fueling product demand. • The pigments product surpassed USD 150 million in 2020, mainly due to rising awareness about the health benefits of carotenoids in animals and increasing preference for pellet feed are anticipated to escalate the use of pigments in animal feed. • Aquaculture livestock are likely to surpass USD 110 million by 2027 owing to increasing preference of consumers for low calorie healthy diet. • Argentina product demand is mainly driven by increasing livestock safety concern coupled with enhancing the meat quality which in turn should boost the market growth • The market is competitive and includes manufacturers such as ADM, DSM, BASF SE, Alltech Inc., Evonik Industries AG, Kemin Industries, Cargill Incorporated, and Dupont

3. The acidifiers market size should surpass USD 375 million by 2020. Acidifiers will witness substantial demand owing to its ability to improve the immune response in animals by favorably manipulating the intestinal microbial populations. They perform an activity like antibiotics in animals and counters pathogenic bacteria which will fuel acidifiers demand for animal feed application thus fostering market growth. • Acidifiers such as propionic acid finds extensive adoption as feed additive in poultry feed owing to its ability to improve the overall performance of poultry which will promote product demand. Propionic acid with effective health enhancing, growth promoting, as well as antimicrobial effects is considered as an alternative to antibiotic growth promoters in poultry production. • The Latin America animal feed additives market size from swine livestock should surpass USD 800 million by 2027. Swine requires additives in every stage of their life cycle to ensure a normal growth and body function. The diet of swine needs to be healthy and balanced with desirable levels and ratio of various additives which provides a balanced feed. Rising penetration of technologies to reduce environmental footprint and increasing focus of livestock breeders to increase their return on investment should strengthen product demand.

4. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/5183

5. Argentina animal feed additives market is likely to register over 5.5% CAGR and market size should surpass USD 370 million by 2027 on account of increasing beef exports. Argentina has witnessed significant growth in beef exports in recent years which has strengthened the country’s market position as a beef supplier. • Argentina has boosted its beef exports to China in recent years which has also helped the country to contribute significantly to its economy. Thus, increasing global demand for beef has influenced Argentina to increase its domestic production which should stimulate the demand for animal feed additives in the country. • Competitive Analysis • Latin America animal feed additives market share is competitive and comprises various companies such ADM, DSM, BASF SE, Alltech Inc., Evonik Industries AG, Kemin Industries, Cargill Incorporated, and Dupont. The animal feed additives market competitiveness is projected to surge over the foreseeable timeframe as the leading manufacturers are focusing on various strategies to gain a competitive edge and improve their profit margins.

6. Latest Research Report On Latin America Animal Feed Additives Market @ https://www.gminsights.com/industry-analysis/latin-america-animal-feed-additives-market Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/5183 Request for customization @ https://www.gminsights.com/roc/5183

7. THANK YOU www.gminsights.com