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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 Premix Market : By Product Type and Geography
Latin America Poultry Feed Premix Market is expected to grow at a CAGR of x% during the forecast period 2022 to 2028. Premix is a uniform mixture of one or more micro ingredients with a carrier or diluent which are required in small amounts but not intended as direct feed to the animals. Poultry is widely consumed, poultry feed premix is a mixture of minerals, nutrients and vitamins along with the grains in order to make it as a complete feed. Latin America Poultry Feed Premix Market is driven by growing consumption of meat around the world and increase in the investments by the farmers and poultry industries on the feed ingredients. Latin America poultry feed premix market is segmented as countries, Brazil, Mexico, Argentina, Venezuela and Rest of Latin America. Brazil poultry feed premix market is expected to grow at significant rates due to increase in the broiler meat production to meet the rising meat demands. Furthermore, companies are focused 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. Argentina poultry feed premix market is expected to have a notable growth rate owing to rise in consumption of meat and opportunities in exporting meat. Mexico poultry feed premix market is projected to have significant growth over forecast period owing to rise in the feed industry, change in eating habits in the population towards the consumption of high protein animal products.
Furthermore, inclination towards white meat, advancements in the technology, increase in investments by the market players in launching innovative products also propels the growth of the poultry feed market. On the other hand, growing costs of raw materials, lack of awareness regarding benefits of premix restrains the Latin America Poultry Feed Premix Market.
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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.
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Key Market Players