Latin America Compound Feed Market was worth $52.02 billion in 2020 and estimated to be growing at a CAGR of 1.90%, to reach $57.15 billion by 2025.

Latin America Compound Feed Market Overview:

Compound feed consists of food products manufactured especially for animals. The Latin America Compound Feed market is developing at a significant rate due to the increase in the livestock population.

Compound feed is a mixture of raw materials and supplements, sourced from either plants or animals, fed to the livestock orally. Most commonly used raw materials are soybean, corn, barley; wheat and sorghum. Most common additives to form compound feed are, minerals, amino acids, antibiotics and colorants. Compound feed has become an essential part of the globally increasing livestock industry and meat production industry. The end consumers of the compound feed are poultry, pig, ruminants, fish etc.

Browse for full report @ https://www.marketdataforecast.com/market-reports/latin-america-compound-feed-market

The Latin America Compound feed market is segmented and sub-segmented into following categories:

By Ingredients:

Cereals
Cereals by-Product
Oilseed Meal
Oil
Molasses
Supplements
Others
By Supplements:

Vitamins
Antibiotics
Antioxidants
Amino Acids
Feed Enzymes
Feed Acidifiers
Others
By Animal:

Ruminant
Swine
Poultry
Aquaculture
Others
Poultry, pork, and cattle are the largest consumers of compound feed in this region, accounting for the major share of the overall compound feed market.

Ask for a sample report @ https://www.marketdataforecast.com/market-reports/latin-america-compound-feed-market/request-sample

The Market is geographically divided into:

Latin America:

Brazil
Argentina
Mexico
South America
The Latin America market is one of the fastest growing markets for Compound feed market. Brazil accounts for the largest market share and is expected to lead the market during the forecast period. The Latin America region is expected to offer lucrative growth opportunities, owing to the considerable increase in feed production and increasing awareness among the consumers about the quality of meat products and due to the rise in disposable incomes in developing economies, primarily in Brazil. For example, Aquaculture is a major economic activity in Chile.

Key Players:

Cargill Inc
Charoen Pokphand Foods
Archer Daniels Midland Company
Land o’ lakes, Inc
Nutreco
ALLTECH, INC
New Hope Group Co. Ltd
Wen’s Group
ForFarmers B.V
Agribusiness Holding Miratorg
Kyodo Shiryo Company
Sodrugestvo Group S.A
DeKalb Feeds, Inc
De Heus B.V
Ballance Agri-Nutrients Ltd
J.D. Heiskell & CO
Kent Feeds
Weston Milling Animal Nutrition
EWOS GROUP