| Study Period | 2020 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 36.30 Billion |
| Market Size (2030) | USD 56.5 Billion |
| CAGR (2025 - 2030) | 7.50% |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
South America Compound Feed Market Analysis by Mordor Intelligence
The South America Compound Feed Market size is estimated at USD 36.30 billion in 2025, and is expected to reach USD 56.5 billion by 2030, at a CAGR of 7.5% during the forecast period (2025-2030).
South America is a major player in the global animal feed market. The region's importance stems from its extensive agricultural resources, with Brazil and Argentina accounting for most of South America's total feed production. With a growing population and expanding middle class in South America, the consumption of animal-based products such as meat, milk, and eggs continues to rise. According to the OECD, Argentina's poultry meat consumption increased from 2,128.9 thousand metric tons in 2022 to 2,320.3 thousand metric tons in 2024. This growth compels livestock farmers to enhance productivity, with compound feed playing a vital role. The increasing awareness about proper nutrition for livestock health, growth, and productivity further drives the demand for compound feed.
Moreover, the market has shown consistent growth in recent years, with South America being one of the world's largest producers and exporters of beef and sheep meat, driving the demand for high-quality animal feed. According to FAOSTAT, sheep meat production increased from 258,961.37 metric tons in 2022 to 335,764.12 metric tons in 2023. The increased industrial production of meat and dairy products has led to higher consumption of compound feed in the livestock industry.
Brazil, Argentina, and Chile are major producers of livestock products in South America, and the expansion of poultry, swine, and cattle farming boosts the demand for specialized animal feed. For instance, chicken meat production in Brazil increased from 14.5 million metric tons in 2022 to 14.9 million metric tons in 2024, according to FAOSTAT. The adoption of advanced feed formulation technologies and improved supplementation has led to the development of more efficient compound feed products, stimulating market growth.
South America Compound Feed Market Trends and Insights
Poultry is the Significant Segment by Animal Type
Poultry farming is a crucial part of the agricultural sector in South America, and it plays a key role in the region’s food production system, especially in countries like Brazil and Argentina. The increasing demand for poultry products such as meat and eggs, coupled with the rising consumption of animal protein, has propelled the growth of the poultry feed market in the region.
Poultry products are a key part of the South American diet, with chicken being the most widely consumed meat in many countries. This large and consistent demand ensures a steady need for poultry feed. For instance, according to FAOSTAT, Hen egg production in Argentina was 963.0 thousand metric tons in 2022, which increased by 987.0 thousand metric tons in 2024.
Brazil holds the position of the world's largest chicken meat exporter, with exports reaching 5.29 million tons in 2024. This significant export volume necessitates maintaining high-quality poultry products, thereby increasing the demand for quality animal nutrition and feed.
The poultry sector has experienced improvements through enhanced feed formulations and nutritionally enriched feeds. Producers now utilize feeds fortified with amino acids, vitamins, enzymes, and probiotics to enhance bird growth rates and health. Additionally, increased consumer demand for antibiotic-free and organic poultry has prompted innovation in feed products, with South American manufacturers investing in natural and sustainable alternatives to conventional additives.
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Brazil Dominates the Market
Brazil ranks third globally in compound feed production and leads the South American region. The country's dominant position stems from its abundant raw material production, large geographical size, and high meat consumption. According to the AllTech feed survey, Brazil's total feed production increased from 81.2 million metric tons in 2021 to 84.6 million metric tons in 2024.
Brazil holds the position of largest poultry producer and exporter in South America and ranks among the top producers globally. The country's extensive poultry farming sector requires high-quality compound feed to maintain optimal bird health, growth, and productivity. According to FAOSTAT, Brazil's chicken meat production increased from 14.5 million metric tons in 2022 to 14.9 million metric tons in 2024. Additionally, the country maintains a significant swine industry, contributing to the compound feed demand for livestock health and production.
The Brazilian government has implemented policies to support agricultural sector growth, including investments in livestock farming technology and biosecurity measures, which drive the demand for high-quality feed premixes. In 2023, the Ministry of Agriculture, Livestock and Farming of Brazil increased the annual budget of the National Programme for Strengthening Agriculture, including livestock and poultry farming credit scheme, from USD 3.4 billion to USD 4.3 billion.
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Competitive Landscape
The South American animal feed market is highly consolidated with major players like Cargill Inc., Kemin Industries, Marfrig Global Foods (BRF), JBS S.A., and Aurora Alimentos. These leading companies are focused on acquiring feed mills and small manufacturing for expansion of the business in local as well as foreign markets. Also, the leading companies focused on the expansion of the business across regions and setting up a new plant for increasing production capacity as well as a product line. The companies are also increasing the production capacities of their existing plants.
South America Compound Feed Industry Leaders
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Cargill Inc.
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Kemin Industries
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Marfrig Global Foods (BRF)
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JBS S.A.
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Aurora Alimentos
- *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments
- January 2024: JBS invested USD 116.6 million to construct three new feed factories in Seberi, Santo Inácio, and Itaiópolis in Southern Brazil. The investment aligns input supply with the production capacity of its Seara business unit, which expanded significantly in recent years through the company's investment plan. These new units increase Seara's annual feed production by more than 1 million metric tons.
- January 2023: Evonik introduced an enhanced version of its Biolys animal feed product in Castro, Paraná, Brazil. The new Biolys formulation contains 62.4% L-lysine (80% ratio to Lysine HCl), an improvement from its previous version with 60% L-lysine (77% ratio to Lysine HCl). The product incorporates beneficial components from its fermentation process, delivering additional nutrients and energy benefits for livestock, particularly swine and poultry.
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South America Compound Feed Market Report Scope
Compound feed is a combination of different concentrate feed ingredients in suitable ratios. Frequently used ingredients in compound feed include brans, protein meals/cakes, grains, agro-industrial by-products, minerals, and vitamins. The South American Animal Feed Market is Segmented by Animal Type (Ruminants, Poultry, Swine, Aquaculture, and Others) Ingredients (Cereal, Cakes & Meals, By-Products, and Supplements) Supplements (Vitamins, Amino Acids, Enzymes, Acidifiers, Probiotics, Prebiotics, and Other Supplements) and Geography (Brazil, Argentina, and Rest of South America). The report offers market size and forecasts in terms of Value (USD) and Volume (Metric Tons).
Animal Type
| Ruminants |
| Poultry |
| Swine |
| Aquaculture |
| Other Animal Types |
Ingredient
| Cereals | |
| Cakes & Meals | |
| By-products | |
| Supplements | Vitamins |
| Amino Acid | |
| Enzymes | |
| Prebiotics and Probiotics | |
| Acidifiers | |
| Other Supplements |
Geography
| Brazil |
| Argentina |
| Rest of South America |
| Animal Type | Ruminants | |
| Poultry | ||
| Swine | ||
| Aquaculture | ||
| Other Animal Types | ||
| Ingredient | Cereals | |
| Cakes & Meals | ||
| By-products | ||
| Supplements | Vitamins | |
| Amino Acid | ||
| Enzymes | ||
| Prebiotics and Probiotics | ||
| Acidifiers | ||
| Other Supplements | ||
| Geography | Brazil | |
| Argentina | ||
| Rest of South America | ||
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Key Questions Answered in the Report
How big is the South America Compound Feed Market?
The South America Compound Feed Market size is expected to reach USD 36.30 billion in 2025 and grow at a CAGR of 7.5% to reach USD 56.5 billion by 2030.
What is the current South America Compound Feed Market size?
In 2025, the South America Compound Feed Market size is expected to reach USD 36.30 billion.
Who are the key players in South America Compound Feed Market?
Cargill Inc., Kemin Industries, Marfrig Global Foods (BRF), JBS S.A. and Aurora Alimentos are the major companies operating in the South America Compound Feed Market.
What years does this South America Compound Feed Market cover, and what was the market size in 2024?
In 2024, the South America Compound Feed Market size was estimated at USD 33.58 billion. The report covers the South America Compound Feed Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South America Compound Feed Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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South America Compound Feed Market Report
Statistics for the 2025 South America Compound Feed market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South America Compound Feed analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
