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Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of anima.....
Latin America Poultry Feed Market By type, By additives and By Country
Latin America Poultry Feed Market By type, By additives and By Country
Poultry feed refers to the food for poultry farm, that includes ducks, chickens geese, and other domestic birds. Healthy growth of the poultry requires the sufficient essential nutrients in right amount and proportion required. Latin America poultry feed market is driven by the increase in demand for the poultry meat coupled with the rise in concerns related to health and consumption of the animal protein among the population of Latin American countries. Increase in the export opportunities of the meat in countries such as Brazil and Argentina and spread of poultry diseases in the region. Furthermore, growth in awareness related to the poultry feed and additives for better health and nutrition supplement among the poultry farmers are expected to boost the Latin America poultry feed market over the forecast period. However, high cost raw materials and maintenance are expected to hamper the market growth over the forecast period.
The poultry feed market in Latin America encompasses a wide range of poultry feeds and feed additives. The demand for poultry meat is driving up the usage of these feeds and chemicals. These feeds help poultry animals thrive and guarantee that they obtain the proper amount of nutrients.
Geographically the North America poultry feed market is divided into countries, Brazil, Mexico, Argentina, Venezuela and Rest of Latin America. Brazil poultry feed market expected to grow at significant rates due to increase in the broiler meat production to meet the rising meat demands. Furthermore, companies are focusing on strengthening their position by adopting mergers and acquisitions. For instance, in December 2014, Nutreco acquired two animal nutrition companies in Brazil, Fatec Indústria de Nutrição e Saúde Animal Ltda. and BRNova Sistemas Nutriconais S.A. to expand its geographical reach and strengthen its position. Argentina poultry feed market is expected to have the notable growth rate owing to the rise in the consumption of meat and opportunities in exporting meat. Mexico poultry feed market is projected to have significant growth over the forecast period owing to the rise in the feed industry, change in the eating habits in the population towards the consumption of high protein animal products
Latin America
Europe
Asia Pacific
Middle East
North America
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2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.
Key Market Players
Author
Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of animal health and agriculture. His passion lies in unraveling the complexities of these domains through rigorous research and practical insights. Manoj Kumar’s journey has been marked by several key achievements: as a market analyst and competitive intelligence expert, he dissects data to provide actionable insights for global clients. Simultaneously, he champions animal healthcare, diagnosing ailments, and designing preventive care strategies. In the realm of agriculture, his focus on sustainable practices, emphasizing crop nutrition, soil health, and precision agriculture. His holistic approach and commitment to advancing science make him a respected figure in the ever-evolving landscape of life sciences.