South America Feed Pelletizing Agents Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

South America is an emerging market for feed pelletizing industry with a huge potential and strong growth rates. South American countries like Brazil, Argentina and Chile are major producers and consumers of feed. The feed pelletizing market is $XX in 2015 and is expected to grow to $XX million by 2020 at a CAGR of XX% for the forecast period 2015-2020.

Brazil is the biggest market for feed production and offers a tremendous potential for pelletizing agents market growth as it accounts for more than 60% of the market share in the region. The increasing demand for high quality meat from meat processing industry exerts pressure on farmers. To be competitive in the market while being able to produce economically has driven the farmers to opt for feed pelletizing which is then popular as a cost saving option for livestock industry. Brazil is one of the largest producers of corn and soybean in the world. They are used as feed for various animals, they even act as pelletizing agent due to presence of protein and cellulose content. This is a cost-effective strategy followed by many of farmers in this region. As the government is focused on increasing beef exports and gaining the top spot among the beef exporting countries, Argentina is expected to provide future growth potential for feed pelletizing agent market in the region.

Market in South America is concentrated in developed countries and most of the countries in this region are untapped. Low awareness has not yet exploited the market potential. Low feed ingredients cost acts as a major factor for exports based industry of feed pellets. This promotes market for pelletizing agents. Raw materials for pelletizing agents are also abundant in South America and this provides a base for a profitable industry. Awareness about uses of pelletized feed can create significant growth of feed industry. Meat consumption is rapidly growing and efficient ways to produce meat must be practiced. These help to create a sustainable market for feed pelletizing agents market.

This report consists of insights of market based on segmentations on the parameters of product type, application type and geographical basis. The product type differentiations are natural and synthetic. Market is further classified based on the consumers such as poultry, ruminants, swine, aquaculture,etc. Global players like BASF, Uniscope Inc, Archer Daniels Midland Company, and Kiotechagil have presence in the market. Expansion is the strategy they are implementing to gain market shares.

Study Deliverables:

• Market Definition for the specified topic along with identification of key drivers and restraints for the market
• Analysis for the South America Feed Pelletizing Agent Market, with region specific assessments and competition analysis on a regional scale
• Segment-level analysis in terms of application and end-user demand
• Forecasts and estimations for the sub-segment level market
• Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies, which can influence the market on a global and regional scale
• Identification and analysis of the exogenous and endogenous factors such as macro and microeconomic variables that affect the South America Feed Pelletizing Agent Market on both global and regional scale
• Extensively researched competitive landscape section with profiles of key players along with their share of markets
• A comprehensive analysis of recent organic and inorganic developments in the market by the major companies, and strategic benchmarking of developments

Scope of the Study:

• Comprehensive overview of the Feed Pelletizing Agent Market
• Competitive intelligence regarding the major players in this industry and the strategies adopted by them
• Insights about the major countries/regions in which this industry is blooming and also identifies the regions which are untapped