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

The South America Compound Feed Market is segmented By Animal Type (Ruminants, Poultry, Swine, Aquaculture, and Others), By Ingredients (Cereal, Cakes & Meals, By-Products, And Supplements). The supplement segment is further segmented into Vitamins, Amino Acids, Enzymes, Acidifiers, Probiotics And Prebiotics, and Other Supplements in the countries such as Brazil, Argentina and Rest of South America

Market Snapshot

Compound Feed
Study Period: 2016 - 2026
Base Year: 2020
CAGR: 4.8 %

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Market Overview

The South America Compound Feed Market is projected to grow at a CAGR of 4.8% during the forecast period (2020-2025). The growing demand for meat is the major driving force behind the growth of the compound feed market. Increased awareness regarding quality meat and milk products and industrialization in the livestock industry are two other factors augmenting the growth of the compound feed during the forecast period. Brazil dominates the market as it is one of the leading meat producers across the world and also the country is the leading exporter of beef. For instance, according to the ITC Trade, in 2019 Brazil exported 1,356.639 thousand metric tons of frozen beef which was valued at USD 5,610.7 million with a share of 20.3% of the global export as compared to 18.5% the previous year. This is driving the demand for compound feed production in the country. Some of the major players producing compound feed in the region are Cargill Incorporated, Archer Daniels Midland Company, ICC, CCPA GROUP, Nutreco NV, Alltech Inc, and Kemin Industries, Inc.

Scope of the report

Compound feed is a mixture of raw materials and supplements fed to the livestock, sourced from either plant, animal, organic or inorganic substances, or industrial processing, whether or not containing additives. While soybean, corn, barley, wheat, and sorghum are the most commonly used raw materials, vitamins, minerals, and amino acids are the most common additives blended to form compound feed.

Animal Type
Other Animal Types
Cakes & Meals
Amino Acid
Prebiotics and Probiotics
Other Supplements
Rest of South America

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Key Market Trends

Shift in Consumer Preference Towards Animal Sourced Protein

Changing demographics and lifestyles of the consumers have resulted in preference towards meat, egg, and other animal products. According to the Organisation for Economic Co-operation and Development, Argentina witnessed one of the largest per capita beef consumption levels in the world, in 2019 the consumption was 39.7 kg as compared to 39 Kg in 2016 and also the poultry consumption was 38.2 kg which has remained almost the same for the last few years. On the other hand, poultry consumption is the highest in Brazil with the per capita consumption of 40.3Kg in 2019 as compared to 39.8Kg in 2018. This has led to the intensive production of livestock to meet the consumption demand. According to the Food and Agriculture Organisation, in 2018 the cattle and buffaloes population was 358.6 million as compared to 358.1 million in 2017 and the poultry population in 2016 was 2521.7 million units that increased to 2684.7 million units in 2018. Thus the rising livestock population and the concern about the diet requirements will drive the compound feed production in the region.

South America Compound Feed Market

Brazil Dominates the Market

The feed segment in Brazil is the third-largest feed sector in the world. This is mainly attributed to the high production of raw materials in the country coupled with the enhancing consumption of meat within the country. According to the Alltech feed survey, in 2019, the total compound feed production from around 1,580 feed mills situated in Brazil amounted to 70 million metric ton out of which 32.1 million metric ton was for broilers, 17.0 million metric ton for pigs, 7.0 million metric ton for layers, 6.2 million metric ton for dairy cows, 2.6 million metric ton for beef, 2.8 million metric ton for pets, 0.59 million metric ton for Equine and 1.2 million metric ton for aqua. There are 

The domestic consumption of feed in Brazil is very high as it is a hub for meat production, globally. According to the ITC Trade, in 2016, beef export amounted to 938.3 thousand metric tons which have raised to 1,356.6 thousand metric tons with a value of USD 5,610.76 million in 2019. China and Hong Kong continued to dominate as the top two destinations for Brazil’s beef exports, accounting for 60.8% of total beef shipments in 2019.

South America Compound Feed Market

Competitive Landscape

Some of the major players are Cargill Incorporated, Archer Daniels Midland Company, ICC, CCPA GROUP, Nutreco NV, Alltech Inc, and Kemin Industries, Inc. Leading companies focused on acquiring feed mills and small manufacturing for expansion of the business in local as well as foreign markets. Some of the players have been expanding their geographical presence by acquiring or merging with the manufacturers in the foreign market. 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 production capacities of their existing plants. In March 2020, De Heus has agreed to acquire a Brazilian cattle nutrition company, Cerrado Nutrição Animal that produces a complete range of dairy and beef products having a strong presence in the country, the unit has a manufacturing capacity of 50,000 tonnes/year. This move will strengthen the position of the former.

Table of Contents


    1. 1.1 Study Assumptions & Market definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry


    1. 5.1 Animal Type

      1. 5.1.1 Ruminants

      2. 5.1.2 Poultry

      3. 5.1.3 Swine

      4. 5.1.4 Aquaculture

      5. 5.1.5 Other Animal Types

    2. 5.2 Ingredient

      1. 5.2.1 Cereals

      2. 5.2.2 Cakes & Meals

      3. 5.2.3 By-products

      4. 5.2.4 Supplements

        1. Vitamins

        2. Amino Acid

        3. Enzymes

        4. Prebiotics and Probiotics

        5. Acidifiers

        6. Other Supplements

    3. 5.3 Geography

      1. 5.3.1 Brazil

      2. 5.3.2 Argentina

      3. 5.3.3 Rest of South America


    1. 6.1 Most Adopted Competitor Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Cargill Inc.

      2. 6.3.2 Alltech Inc.

      3. 6.3.3 Land O Lakes Purina

      4. 6.3.4 Kemin Industries, Inc

      5. 6.3.5 ICC

      6. 6.3.6 CCPA GROUP

      7. 6.3.7 Vitafor Nv

      8. 6.3.8 Nutreco NV


  8. 8. IMPACT OF COVID-19

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Frequently Asked Questions

The South America Compound Feed Market market is studied from 2016 - 2026.

The South America Compound Feed Market is growing at a CAGR of 4.8% over the next 5 years.

Cargill, Incorporated., Nutreco NV, ICC, Kemin Industries, Inc, CCPA GROUP are the major companies operating in South America Compound Feed Market.

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