Market Size of Argentina Compound Feed Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.60 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Argentina Compound Feed Market Analysis
The market for compound feed in Argentina is projected to register a CAGR of 4.6%, during the forecast period. According to the Chamber of Industry and Commerce of Meat and Derivatives the Rep. Argentina (CICCRA), Argentina has one of the largest per capita beef consumption levels in the world, at 55.9 kg per head, and the poultry consumption was 39.9 kg per capita, in 2017. Grass-fed cattle operations are seeing positive returns and new export opportunities continue to spur investment in herd expansion. Rising commodity input costs, however, due to recent currency depreciation in the year 2018, are negatively impacting margins of feedlot operations.
