Market Size of South America Swine Feed Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 2.50 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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South America Swine Feed Market Analysis
The South America Swine Feed Market is projected to grow at a CAGR of 2.5% during the forecast period (2020-2025). The growing demand for pork meat is the major driving force behind the growth of the swine feed market. Increased awareness regarding quality meat and increased livestock production are two other factors augmenting the growth of the market studied. Though demand for pork remains less in the region than that in the European Union countries and China, consumption has increased in Chile Argentina and Brazil over the years. This has in turn boosted the swine feed market in the region.