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Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
Chile Animal Nutrition Market: By Feed Type, By Nutrition, By End Users, Country Forecast 2019-2030.
Chile animal nutrition Market size was value US$ 1,738.6 million in 2023 and is projected to reach value of US$ 2,197.1 million by 2030, at a CAGR of 3.4% from 2024-2030. Animal nutrition is the study of dietary needs of animals for growth, reproduction, health, and maintenance of their bodily functions. It focuses on understanding how different nutrients are metabolized by animals, the field covers a wide range of animals, from livestock to pets and wildlife. The key market drivers of market are rising demand for animal-based products, increasing focus on animal health and wellness and development of newer products by market players.
However, the restraints of market are price volatility of raw materials such as grains, soybean meal, and fishmeal which are essential components of animal feed. Additionally, expanding of aquaculture industry and precision farming techniques to tailor nutrition solutions for individual animals are the growing opportunities of market. The key trends of market are shift towards alternative protein sources such as insect-based proteins and algae-based proteins, growing demand for functional ingredients in animal nutrition that support the health and well-being of livestock.
The Chile animal nutrition market Share is inclusive of several companies such as Novus International, ADM, BASF, CJ Group, DSM, Meihua Group, Evonik, Kemin Industries, Sumitomo Chemical, Global Bio-Chem and others.
• By feed type, the poultry segment is having significant market share in 2023.
• By nutrition, the amino acids segment has captured a largest market share in 2023
• By end-users, the farms segment accounted for a significant market share in 2023.
• In 2023, Cargill Aqua Nutrition introduced advanced feed formulations designed to improve the health and growth of salmon, Chile’s leading aquaculture species. These formulations incorporate functional ingredients that enhance immune function and disease resistance, which are critical for maintaining productivity in the face of disease challenges prevalent in the aquaculture industry.
• In 2023, Broiler feed saw growth of 3.43% which was contributing significantly.
In 2023, Alltech launched precision feeding solutions aimed at the dairy and poultry sectors, enabling farmers to track real-time animal performance and adjust nutrition programs accordingly.
By Feed Type: With the largest share, the poultry segment plays a crucial role in the animal nutrition market due to the large-scale demand for poultry products like meat and eggs. The sector has been one of the fastest-growing segments within the livestock industry, driven by population growth, rising incomes, and the increasing demand for affordable animal protein.
By Nutrition: The amino acids segment is fastest growing segment. Over the course of the forecast period, the amino acids segment is anticipated to dominate the market. Amino acids are the building blocks of proteins and polypeptides, and they constitute the main component of an animal's muscles and tissues. A vital role for amino acids is shown in several liquids, such as milk. As a result, amino acids are essential to the productivity of farm animals and can significantly raise a farm's profitability during all stages of growth, reproduction, and production.
By End User: The farms segment holds the largest market share due to an increasing number of farms are using animal nutrition, which is driving the growth of market. Farm animals need a variety of nutrients, but the main ones are carbs, fibres, protein, and more. Moreover, during the forecast period the animal feed manufacturers segment is anticipated to grow at the fastest compound annual growth rate (CAGR). This is attributed to the increasing production of animal feed supplements, which is achieved by accumulating highly nutritious by-products of various food processing companies with ultimate feeders.
The demand for animal nutrition products, like meat, eggs, and dairy, is one of the greatest factors triggering the Chile animal nutrition market growth. Innovative additives, advanced enzymes, probiotics, and precision nutrition solutions enhance better nutrient absorption and digestion in animals. This results in overall nutrition efficiency and efficient feed conversion. The economic improvements and increase in productivity of animal farming have resulted for growth and expansion in the market and also the antioxidant content in animal nutrition will be primarily driving this animal nutrition market during the forecast period.
Price volatility of raw materials such as grains, soybean meal, and fishmeal poses significant restraints in the animal nutrition market due to key ingredients in animal feed include fishmeal, soybean meal, and grains; changes in their pricing have a direct impact on the total cost of the feed. Geopolitical concerns, financial speculation, and meteorological events (droughts, floods) all have an impact on this volatility. Feed manufacturers are forced to either absorb the expenses, which lowers profitability, or pass them on to consumers, which raises the price of feed, when raw material prices unexpectedly rise.
Precision farming techniques are creating significant opportunities for the market. As precision farming monitors several animal health data, such as weight, activity level, feeding behaviour, and even digestive efficiency, using wearables, sensors, and artificial intelligence (AI). Farmers can use this data to customise feeding programs to the unique requirements of each animal. This strategy can make sure that animals receive correct amounts of nutrients, increasing feed efficiency and decreasing waste in Chile, a country where the livestock and aquaculture sectors are significant.
The shift towards alternative protein sources, such as insect-based and algae-based proteins, is becoming a significant trend in the market. The critical amino acids, lipids, and other elements that promote animal growth and health are abundant in the proteins derived from both insects and algae. For instance, insects: Mealworms and black army fly larvae are two examples of insects that have a high fat and protein content and are very nutritious. Additionally, they include antimicrobial peptides that may assist cattle and aquaculture species' gut health.
Report Benchmarks |
Details |
Market Size in 2023 |
US$ 1,738.6 million |
Market Size in 2030 |
US$ 2,197.1 million |
By Feed Type |
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By Nutrition |
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By End User |
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The Chile animal nutrition market is rapidly evolving, but the need for advancements in efficiency, sustainability, and health management are required. Chile's key livestock sectors such as aquaculture, poultry, and dairy require improvements in feed formulations, production methods, and animal welfare to meet growing domestic and international demand. The market for animal nutrition in Chile is significantly influenced by the country's aquaculture sector, notably in salmon farming. However, the industry's reliance on fishmeal and fish oil which fuel overfishing and resource depletion puts environmental stresses on it. More sustainably sourced feed ingredients are desperately needed. Innovations in alternate protein sources, like feed made of insects and algae, are essential to addressing this. Businesses like Skretting and Biomar are already investigating these possibilities to lessen aquaculture's negative environmental effects.
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The Chile animal nutrition market size was value US$ 1,738.6 million in 2023 and is projected to reach value of US$ 2,197.1 million by 2030, at a CAGR of 3.4% from 2024-2030.
• Rising demand for animal-based products
• Increasing focus on animal health and wellness and development of newer products by market players
The key market players of market are Novus International, ADM, BASF, CJ Group, DSM, Meihua Group.
Amino acids have the highest market share in the market.
• Shift towards alternative protein sources such as insect-based proteins and algae-based proteins.
• Growing demand for functional ingredients in animal nutrition.
1. Executive Summary |
2. Chile Animal Nutrition Market Introduction |
2.1. Chile Animal Nutrition Market - Taxonomy |
2.2. Chile Animal Nutrition Market - Definitions |
2.2.1.Feed Type |
2.2.2.Nutrition |
2.2.3.End Users |
2.2.4.Region |
3. Chile Animal Nutrition Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Chile Animal Nutrition Market Analysis, 2019 - 2023 and Forecast 2024 -2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Chile Animal Nutrition Market By Feed Type, 2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million) |
5.1. Poultry |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Ruminant |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Aquaculture |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Swine |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Others |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6. Chile Animal Nutrition Market By Nutrition, 2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million) |
6.1. Antioxidants |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Eubiotics |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Carotenoids |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Fiber |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Amino acids |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
6.6. Enzymes |
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.6.3. Market Opportunity Analysis |
6.7. Fatty acids |
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.7.3. Market Opportunity Analysis |
6.8. Lipids |
6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.8.3. Market Opportunity Analysis |
6.9. Minerals |
6.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
6.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.9.3. Market Opportunity Analysis |
6.10. Vitamins |
6.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
6.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.10.3. Market Opportunity Analysis |
6.11. Others |
6.11.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
6.11.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.11.3. Market Opportunity Analysis |
7. Chile Animal Nutrition Market By End Users, 2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million) |
7.1. Veterinarians |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Animal feed manufacturers |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Farms |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Zoos |
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Others |
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
8. Chile Animal Nutrition Market By Region, 2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 -2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9. North America Chile Animal Nutrition Market ,2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million) |
9.1. Feed Type Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Poultry |
9.1.2.Ruminant |
9.1.3.Aquaculture |
9.1.4.Swine |
9.1.5.Others |
9.2. Nutrition Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Antioxidants |
9.2.2.Eubiotics |
9.2.3.Carotenoids |
9.2.4. Fiber |
9.2.5.Amino acids |
9.2.6. Enzymes |
9.2.7.Fatty acids |
9.2.8.Lipids |
9.2.9.Minerals |
9.2.10. Vitamins |
9.2.11.Others |
9.3. End Users Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Veterinarians |
9.3.2.Animal feed manufacturers |
9.3.3.Farms |
9.3.4.Zoos |
9.3.5.Others |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10. Europe Chile Animal Nutrition Market ,2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million) |
10.1. Feed Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Poultry |
10.1.2.Ruminant |
10.1.3.Aquaculture |
10.1.4.Swine |
10.1.5.Others |
10.2. Nutrition Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Antioxidants |
10.2.2.Eubiotics |
10.2.3.Carotenoids |
10.2.4. Fiber |
10.2.5.Amino acids |
10.2.6. Enzymes |
10.2.7.Fatty acids |
10.2.8.Lipids |
10.2.9.Minerals |
10.2.10. Vitamins |
10.2.11.Others |
10.3. End Users Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Veterinarians |
10.3.2.Animal feed manufacturers |
10.3.3.Farms |
10.3.4.Zoos |
10.3.5.Others |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
10.4.6.Rest of EU |
11. Asia Pacific (APAC) Chile Animal Nutrition Market ,2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million) |
11.1. Feed Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Poultry |
11.1.2.Ruminant |
11.1.3.Aquaculture |
11.1.4.Swine |
11.1.5.Others |
11.2. Nutrition Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Antioxidants |
11.2.2.Eubiotics |
11.2.3.Carotenoids |
11.2.4. Fiber |
11.2.5.Amino acids |
11.2.6. Enzymes |
11.2.7.Fatty acids |
11.2.8.Lipids |
11.2.9.Minerals |
11.2.10. Vitamins |
11.2.11.Others |
11.3. End Users Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Veterinarians |
11.3.2.Animal feed manufacturers |
11.3.3.Farms |
11.3.4.Zoos |
11.3.5.Others |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12. Middle East and Africa (MEA) Chile Animal Nutrition Market ,2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million) |
12.1. Feed Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Poultry |
12.1.2.Ruminant |
12.1.3.Aquaculture |
12.1.4.Swine |
12.1.5.Others |
12.2. Nutrition Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Antioxidants |
12.2.2.Eubiotics |
12.2.3.Carotenoids |
12.2.4. Fiber |
12.2.5.Amino acids |
12.2.6. Enzymes |
12.2.7.Fatty acids |
12.2.8.Lipids |
12.2.9.Minerals |
12.2.10. Vitamins |
12.2.11.Others |
12.3. End Users Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Veterinarians |
12.3.2.Animal feed manufacturers |
12.3.3.Farms |
12.3.4.Zoos |
12.3.5.Others |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13. Latin America Chile Animal Nutrition Market ,2019 - 2023 and Forecast 2024 -2030 (Sales Value USD Million) |
13.1. Feed Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Poultry |
13.1.2.Ruminant |
13.1.3.Aquaculture |
13.1.4.Swine |
13.1.5.Others |
13.2. Nutrition Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Antioxidants |
13.2.2.Eubiotics |
13.2.3.Carotenoids |
13.2.4. Fiber |
13.2.5.Amino acids |
13.2.6. Enzymes |
13.2.7.Fatty acids |
13.2.8.Lipids |
13.2.9.Minerals |
13.2.10. Vitamins |
13.2.11.Others |
13.3. End Users Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Veterinarians |
13.3.2.Animal feed manufacturers |
13.3.3.Farms |
13.3.4.Zoos |
13.3.5.Others |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 -2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Novus International |
14.2.2.ADM |
14.2.3.BASF |
14.2.4.CJ Group |
14.2.5.DSM |
14.2.6.Meihua Group |
14.2.7.Evonik |
14.2.8.Kemin Industries |
14.2.9.Sumitomo Chemical |
14.2.10. Bio-Chem and others. |
15. Research Methodology |
16. Appendix and Abbreviations |