Market Size of Argentina Feed Additives Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.30 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Argentina Feed Additives Market Analysis
The feed additives market in Argentina is projected to register a CAGR of 5.3 % during the forecast period. Growing meat consumption in the country resulted in the mass production of livestock to cater to the demand is driving the market for the feed additives. The rising livestock production and demand for meat from other countries has paved the way for export opportunity. Feed additives are one of the ways by which meat and milk production can be increased to meet the rising demand for quality meat. Alltech Inc., ADM Co, Adisseo, Cargill Inc., BASF, DSM are some key players in the country. In 2017, Phibro Animal Health Corporation acquired Argentina based Biotay S.A. a leading developer, manufacturer, and marketer of animal health and nutritional products. The acquisition will strengthen Phibro's business.
