Market Size of south america feed amino acids Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 0.89 Billion |
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Market Size (2029) | USD 1.14 Billion |
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Largest Share by Sub Additive | Lysine |
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CAGR (2024 - 2029) | 5.01 % |
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Largest Share by Country | Brazil |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
South America Feed Amino Acids Market Analysis
The South America Feed Amino Acids Market size is estimated at 0.89 billion USD in 2024, and is expected to reach 1.14 billion USD by 2029, growing at a CAGR of 5.01% during the forecast period (2024-2029).
0.89 Billion
Market Size in 2024 (USD)
1.14 Billion
Market Size in 2029 (USD)
4.87 %
CAGR (2017-2023)
5.01 %
CAGR (2024-2029)
Largest Market by Sub-Additive
38.27 %
value share, Lysine, 2023
Lysine demand is highest in the region as it reduces feed costs by balancing the amino acid composition in livestock diets, along with the rising demand for poultry products.
Largest Market by Country
49.15 %
value share, Brazil, 2023
Brazil is the largest market because of the increased livestock population and demand and consumption of meat.
Fastest-growing Market by Sub-Additive
5.11 %
Projected CAGR, Methionine, 2024-2029
Methionine is the fastest-growing segment in the region owing to the rising demand for livestock products and rising awareness about the benefits of healthy animal feed.
Fastest-growing Market by Country
5.52 %
Projected CAGR, Chile, 2024-2029
Chile is growing at the fastest rate due to rapid urbanization, rising consumption of meat and other end products, and increasing livestock population.
Leading Market Player
9.19 %
market share, SHV (Nutreco NV), 2022
SHV (Nutreco NV) is the market leader as it adopted the acquisition strategy in the region and acquired regional players such as Bigsal and Bellman Nutrição Animal.
- In 2022, South America's feed amino acids market accounted for 20.5% of the total feed additives market in the region. Lysine was the most crucial for animal nutrition among all amino acids, accounting for 38.3% of the South American feed amino acids market in terms of value. Lysine is essential for animal growth and maintenance, making it an integral part of the ideal protein diet.
- Poultry was the primary animal type in the South American feed amino acid market in 2022, accounting for 52.5% of the market share value. The increase in poultry headcount by 10.1% between 2017 and 2022 was a contributing factor to this high market share.
- Brazil held a major share of the South American methionine market in 2022, accounting for around 48.2% of the market share in terms of value. The country's high cattle and poultry population led to the highest consumption of methionine in Brazil. In 2021, the headcount of poultry and ruminants accounted for 1,564.9 million and 258.6 million, respectively.
- Threonine was the third-largest segment in the South American feed amino acids market, accounting for a market value of USD 117.5 million in 2022. The rising demand for amino acid feed, along with the increase in feed costs, is expected to support the overall market growth.
- The dairy cattle segment is expected to be the fastest-growing segment in the South American methionine market during the forecast period, registering a CAGR of 5.6%. Methionine plays a critical role in increasing the protein and fat content and growth of cattle, leading to high demand.
- Due to the importance of feed amino acids in animal nutrition and the increased animal population in the region, the South American feed amino acids market is anticipated to grow, registering a CAGR of 5.0% during the forecast period.
Understand The Key Trends Shaping This Market
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- In 2022, Brazil cemented its position as the largest feed amino acid market in South America, holding around a 49.0% share of the regional market. This growth trajectory saw an impressive 28.1% increase between 2017 and 2022, primarily propelled by the country's burgeoning meat and dairy industry. Meanwhile, Argentina is the second-largest market, currently valued at USD 141.1 million in 2022, with a projected CAGR of 4.9% to reach USD 197.0 million in 2029. This anticipated growth is largely attributed to a 15.2% increase in feed production between 2017 and 2022.
- Lysine accounted for the most consumed amino acid in the country, boasting a 38.3% market share value, followed closely by methionine with 30.6%. The popularity of these amino acids can be attributed to their ability to facilitate protein synthesis and subsequent meat production while balancing gut acids. Poultry feed production was the dominant sector, with a total output of 42.8 million metric tons in 2022, experiencing a significant 14.2% increase between 2017 and 2022. Ruminants were the second-largest animal type in feed production, accounting for 12.4 million metric tons in 2022. As feed production rises, the demand for feed amino acids in the country also increases.
- The beef cattle segment is projected to be the fastest-growing sector in the feed amino acid market, with an impressive CAGR of 5.0%. This surge can be attributed to the high feed intake of beef cattle and an overall 6.1% increase in ruminant headcount, including beef cattle, between 2017 and 2022. Based on these contributing factors, the feed amino acid market is poised for continued growth during the forecast period.
