South America Feed Prebiotics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 8.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
South America Feed Prebiotics Market Analysis
The South America Feed Prebiotics Market is projected to register a CAGR of 8% during the forecast period(2020-2025). The growth in livestock and aquaculture industry coupled with rising meat consumption is driving the demand for animals and aquafeed. According to the Food and Agriculture Organisation (FAO) in 2017 cattle and buffaloes population in South America was 358.17 million heads that increased to 358.61 million in 2018. Also, in 2017, the poultry population was 2637.361 million that reached 2684.75 in 2018. Thus the growing livestock production will create the demand for feed which in turn will impact the growth of the prebiotics market in the region Among all the countries, Brazil has the potential market for feed due to the easy availability of resources required for aquaculture and livestock production. The growing trend is observed among all the segments of the livestock with poultry being just ahead of ruminant and swine in market share. The key players in the market are looking towards various countries of South America for business expansion. The major players in the market are Alltech, Inc., Cargill, Inc., Beneo GmbH, FrieslandCampina Domo, and Beghin Meiji (Tereos S.A.), among others.
South America Feed Prebiotics Market Trends
This section covers the major market trends shaping the South America Feed Prebiotics Market according to our research experts:
Rising Feed production Drives the Market
The rising meat consumption has lead to a shift in the mass production of livestock. According to the Food and Agriculture Organisation (FAO) in 2016, the poultry population in Brazil was 1383.4 million which increased to 1505.6 million in 2018. The rising livestock population coupled with the health concern will result in the inclusion of prebiotics in the feed. According to the Alltech feed survey, in 2019 the feed production in Brazil and Argentina has reached 70 million metric tons and 21 million metric tons respectively. In Brazil, broiler feed accounted for 32.1 million metric tons followed by pig feed which accounts for 17 million metric tons. Thus, the growing animal population and increasing compound feed production drive the vitamins market as vitamins are used as feed additives.
Brazil Dominates the Market
Brazil is one of the major countries for feed prebiotics because of increasing meat consumption in the country and large meat export opportunities, especially in the high demand European market. With an increase in per capita income in Brazil, there is an increase in meat consumption, especially poultry and beef meat. According to the Organisation for Economic Co-operation and Development (OECD), in 2019 per capita consumption of poultry meat in the country was 40.3 Kg as compared to 38.3 Kg in 2018.
According to ITC Trade, in 2019 Brazil exported swine meat accounting for USD1,071.5 million as compared to USD 1,471.4 million in 2018. China, Chile, and Russia are some of the major export destinations for Brazil. Regulatory concerns from the European countries are forcing the livestock industry in Brazil to look for better and safe feed raw material and an additive which drives the market for prebiotics.
South America Feed Prebiotics Industry Overview
The South America feed prebiotics market is fragmented with the top global and regional players competing fiercely with the local players. The focus on quality, through extensive investment in product R&D, is the most adopted strategy of the leading players across the world. The major investments are directed toward product-line expansions and the innovation of new products, for expanding the customer base. The major players in the market are Alltech, Inc., Cargill, Inc., Beneo GmbH, FrieslandCampina Domo, and Beghin Meiji (Tereos S.A.), among others. In 2017, Cargill has reached an agreement to acquire Integral Animal Nutrition, a cattle feed producer in Brazil. The acquisition will help the former company to further develop its feed additives product portfolio ranging from Free Choice Minerals to premixes capabilities to better serve customers across the country.
South America Feed Prebiotics Market Leaders
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Alltech Inc.
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Cargill, Incorporated
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Tereos
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COSUCRA
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Roquette Freres S.A.
*Disclaimer: Major Players sorted in no particular order
South America Feed Prebiotics Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions & Market definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Porter's Five Force Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Inulin
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5.1.2 Fructo-Oligosaccharides
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5.1.3 Galacto-Oligosaccharides
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5.1.4 Other Types
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5.2 Animal Type
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5.2.1 Ruminants
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5.2.2 Poultry
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5.2.3 Swine
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5.2.4 Aquaculture
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5.2.5 Other Animal Types
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5.3 Geography
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5.3.1 Brazil
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5.3.2 Argentina
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5.3.3 Rest of South America
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Competitor Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Alltech Inc.
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6.3.2 BASF SE
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6.3.3 Adisseo
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6.3.4 Cargill Inc.
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6.3.5 DuPont
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6.3.6 Beneo GmbH
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6.3.7 Tereos
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6.3.8 Cosucra Groupe Warcoing SA
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6.3.9 Roquette Freres S.A.
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19
South America Feed Prebiotics Industry Segmentation
The report covers the prebiotics used in compound feed, as a part of the market scope. The market for prebiotics used as supplements in home-based feed is excluded from the market scope and the end consumers of the products include feed mills. On the basis of type, the South America feed prebiotics market is segmented into inulin, fructo-oligosaccharides, galacto-oligosaccharides, and other types. On the basis of animal type the market is segmented into ruminants, poultry, swine, aquaculture, and other animal types in the countries such as Brazil, Argentina, and the Rest of South America.
| Type | |
| Inulin | |
| Fructo-Oligosaccharides | |
| Galacto-Oligosaccharides | |
| Other Types |
| Animal Type | |
| Ruminants | |
| Poultry | |
| Swine | |
| Aquaculture | |
| Other Animal Types |
| Geography | |
| Brazil | |
| Argentina | |
| Rest of South America |
South America Feed Prebiotics Market Research FAQs
What is the current South America Feed Prebiotics Market size?
The South America Feed Prebiotics Market is projected to register a CAGR of 8% during the forecast period (2024-2029)
Who are the key players in South America Feed Prebiotics Market?
Alltech Inc., Cargill, Incorporated, Tereos, COSUCRA and Roquette Freres S.A. are the major companies operating in the South America Feed Prebiotics Market.
What years does this South America Feed Prebiotics Market cover?
The report covers the South America Feed Prebiotics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Feed Prebiotics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
South America Feed Prebiotics Industry Report
Statistics for the 2024 South America Feed Prebiotics market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. South America Feed Prebiotics analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
