Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Form (Pellets, Crumbles, Mash, Others), By Species (Poultry, Ruminants, Aqua, Swine, Others), By Type (Acidifiers, Probiotics, Enzyme, Antioxidants, Antibiotics, Vitamins, Minerals, Others) And Competitive Landscape
| Product Code: ETC058559 | Publication Date: Jun 2024 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
According to 6Wresearch internal database and industry insights, the Latin America Animal Feed Market was valued at USD 45.3 billion in 2024 and is projected to reach USD 65.2 billion by 2031, exhibiting a compound annual growth rate (CAGR) of 7.5% during the forecast period (2025–2031).
| Report Name | Latin America Animal Feed Market |
| Forecast period | 2025-2031 |
| CAGR | 7.5% |
| Market Size | USD 65.2 billion by 2031 |
| Growing Sector | Livestock Nutrition and Sustainable Feed Technology |
Below mentioned are the evaluation of year-wise growth rate along with key drivers:
| Year | Est. Annual Growth | Growth Drivers |
| 2020 | 3.2 | Steady livestock production and recovery of feed manufacturing post-economic adjustments in major countries like Brazil and Mexico. |
| 2021 | 4 | Rising poultry and swine production along with the expansion of feed mills and modernization of animal husbandry practices. |
| 2022 | 4.8 | Increasing focus on nutritional efficiency and feed conversion ratios boosts demand for compound and fortified feeds. |
| 2023 | 5.5 | Greater adoption of feed additives, probiotics, and enzymes for animal health and productivity improvement. |
| 2024 | 6.1 | Expansion of export-oriented meat industries and growing integration of feed automation technologies. |
The Latin America Animal Feed Market Report thoroughly covers the market by Countries, Form, Species, and Type. The report provides an unbiased and detailed analysis of current and future market dynamics, key growth drivers, challenges, trends, and opportunities for stakeholders to align strategic decisions accordingly.
Latin America Animal Feed Market is growing steadily as the livestock sector is growing, meat exports are rising, feed mills are being modernized, and new feed formulations are being used to boost productivity. Brazil is still the biggest market in the area, owing to its big poultry and beef industries. Mexico and Argentina also make a big difference as now more people are eating animal protein and the government is encouraging sustainable feed practices.
Below are some prominent drivers and their influence on Latin America Animal Feed Market dynamics:
| Drivers | Primary Segments Affected | Why It Matters |
| Expansion of Livestock Industry | Poultry, Ruminants, Swine | The poultry and cattle industries are growing as more people are using them at home and they are making things to sell abroad. |
| Adoption of Feed Additives | All Forms and Species | More information about gut health, immunity, and feed conversion also pushes people to want more probiotics, enzymes, and vitamins. |
| Government Support Programs | Country Segments | Subsidies, credit lines, and plans to help farmers get more livestock and get more profits. |
| Technological Modernization of Feed Mills | Industrial Feed Producers | Automation and nutrient counting make things easy, increase production and cut costs. |
| Expanding Meat Export Markets | Brazil, Argentina | As the demand for meat around the world goes up, demand also increase especially for poultry and beef. |
Latin America Animal Feed Industry is projected to register a CAGR of 7.5% during 2025–2031. The steady growth is due to increasing meat exports and increasing animal protein use, using of new technology in feed production, and improved regulatory frameworks that support quality control and feed safety. Feed mills across the region are also increasing production capacity, and the trend toward antibiotic-free, and specially made formulations is also shaping the future Latin America Animal Feed Market Growth. As the demand for meat around the world goes up, demand also increase especially for poultry and beef.
Below are some major restraints and their influence on Latin America Animal Feed Market dynamics:
| Restraints | Primary Segments Affected | What This Means |
| Volatility in Raw Material Prices | All Types | Continued changes in maize, soybean, and fish meal prices also increase feed formulation costs. |
| Supply Chain Constraints | Brazil, Mexico | Logistics and transportation challenges creates difficulties for feed distribution in many regions. |
| Limited Awareness Among Small Farmers | Ruminants, Swine | Lack of education on nutrient balance and feed management also decrease formulated feeds. |
| Climate Variability | Agricultural Feedstock | Droughts and weather events reduce feed ingredient yields and raise prices. |
Some of the challenges in Latin America Animal Feed Market is immersing, such as the global grain supply chains are decreasing in profit, the rules aren't always enforced the same way in all countries, small-scale livestock farmers don't get enough technical training, and making feed can harm the environment. Manufacturers are responding by making strategies for sustainable sourcing, encouraging the use of local ingredients, and doing more research on plant-based protein alternatives. Also, lack of education on nutrient balance and feed management also decreases. formulated feeds.
Several notable trends are currently shaping the Latin America Animal Feed Market dynamics:
Below are some major restraints and their influence on Latin America Animal Feed Market:
Below is the list of prominent companies leading in the Latin America Animal Feed Market:
| Company Name | Cargill, Incorporated |
| Established Year | 1865 |
| Headquarters | Minnesota, United States |
| Official Website | Click Here |
Cargill leads the Latin American feed market with extensive manufacturing plants in Brazil and Mexico. The company offers nutritionally optimized feed formulations for poultry, swine, and aquaculture and invests in sustainable sourcing and precision feeding technology.
| Company Name | Archer Daniels Midland (ADM) |
| Established Year | 1902 |
| Headquarters | Illinois, United States |
| Official Website | Click Here |
ADM provides high-performance feed ingredients, vitamins, and mineral supplements. It operates integrated facilities in Brazil and Argentina, focusing on sustainable sourcing and value-added feed additive production.
| Company Name | Nutreco N.V. |
| Established Year | 1994 |
| Headquarters | Amersfoort, Netherlands |
| Official Website | Click Here |
Through its Trouw Nutrition brand, Nutreco offers premixes and animal nutrition solutions across poultry, ruminant, and aquaculture sectors in Latin America.
| Company Name | Alltech Inc. |
| Established Year | 1980 |
| Headquarters | Kentucky, United States |
| Official Website | Click Here |
Specializes in feed additives, probiotics, and organic trace minerals. Alltech’s local R&D centers in Brazil focus on sustainable and antibiotic-free feed solutions.
| Company Name | De Heus Animal Nutrition |
| Established Year | 1911 |
| Headquarters | Ede-Wageningen, Netherlands |
| Official Website | Click Here |
Operates feed mills across Latin America providing high-quality feed and customized solutions for poultry, ruminants, and aquaculture.
Many Latin American countries have started strategic programs to promote ecofriendly and best livestock production. Brazil’s Plano ABC+ (Low Carbon Agriculture Plan) focuses on eco-friendly livestock practices and improving feed efficiency. Similarly, Mexico’s Livestock Productivity Program also provides financial help to modernize feed production and increase the use of nutritional supplements. In Argentina, the National Protein Plan supports the balanced feed production which improves the livestock sectors. At the regional level, the Latin American Poultry Association is increasing standards by its feed safety rules.
Latin America Animal Feed Market is expected to experience steady growth as both producers and governments increasingly prioritize eco-friendly practices, innovation, and good feed production. The change toward eco-friendly manufacturing, high nutrition, and on-site additive production is reshaping industry practices in all the region. Increasing consumer awareness and rules on sustainability are also increasing for nutritionally balanced feed.
The report provides an in-depth analysis of the Latin America Animal Feed Market, highlighting key segments and types.
According to Lakshita, Senior Research Analyst at 6Wresearch, Brazil is projected to dominate the Latin America Animal Feed Market Share owing to its vast livestock base, large-scale poultry and cattle industries, and well-established feed production infrastructure. The country’s government-backed sustainability initiative, Plano ABC+ (Low Carbon Agriculture Plan), promotes efficient feed utilization and low-carbon livestock production
Pelleted feed is expected to lead the Latin America Animal Feed Market due to its superior nutrient uniformity, high digestibility, and efficiency in feed conversion. The pelleting process minimizes wastage, enhances feed quality, and supports the inclusion of heat-stable additives a key advantage in tropical climates.
The poultry segment continues to dominate the Latin America Animal Feed Market, driven by the expansion of commercial broiler and layer operations, rapid production cycles, and the growing demand for affordable protein across domestic and export markets. Countries like Brazil and Mexico have become global leaders in poultry production, requiring large volumes of high-protein, enzyme-enhanced, and fortified feeds.
Vitamins and minerals segment holds the largest share of the Latin America Animal Feed Market, as these nutrients are critical for maintaining animal health, immunity, reproduction, and productivity. The widespread use of fortified premixes, chelated minerals, and stabilized vitamin formulations ensures optimal growth and consistent performance across species.
The report provides a detailed analysis of the following Latin America Animal Feed Market segments:
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Latin America Animal Feed Market Overview |
| 3.1 Latin America Regional Macro Economic Indicators |
| 3.2 Latin America Animal Feed Market Revenues & Volume, 2021 & 2031F |
| 3.3 Latin America Animal Feed Market - Industry Life Cycle |
| 3.4 Latin America Animal Feed Market - Porter's Five Forces |
| 3.5 Latin America Animal Feed Market Revenues & Volume Share, By Countries, 2021 & 2031F |
| 3.6 Latin America Animal Feed Market Revenues & Volume Share, By Form, 2021 & 2031F |
| 3.7 Latin America Animal Feed Market Revenues & Volume Share, By Species, 2021 & 2031F |
| 3.8 Latin America Animal Feed Market Revenues & Volume Share, By Type, 2021 & 2031F |
| 4 Latin America Animal Feed Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Latin America Animal Feed Market Trends |
| 6 Latin America Animal Feed Market, 2021 - 2031 |
| 6.1 Latin America Animal Feed Market, Revenues & Volume, By Form, 2021 - 2031 |
| 6.2 Latin America Animal Feed Market, Revenues & Volume, By Species, 2021 - 2031 |
| 6.3 Latin America Animal Feed Market, Revenues & Volume, By Type, 2021 - 2031 |
| 7 Brazil Animal Feed Market, 2021 - 2031 |
| 7.1 Brazil Animal Feed Market, Revenues & Volume, By Form, 2021 - 2031 |
| 7.2 Brazil Animal Feed Market, Revenues & Volume, By Species, 2021 - 2031 |
| 7.3 Brazil Animal Feed Market, Revenues & Volume, By Type, 2021 - 2031 |
| 8 Mexico Animal Feed Market, 2021 - 2031 |
| 8.1 Mexico Animal Feed Market, Revenues & Volume, By Form, 2021 - 2031 |
| 8.2 Mexico Animal Feed Market, Revenues & Volume, By Species, 2021 - 2031 |
| 8.3 Mexico Animal Feed Market, Revenues & Volume, By Type, 2021 - 2031 |
| 9 Argentina Animal Feed Market, 2021 - 2031 |
| 9.1 Argentina Animal Feed Market, Revenues & Volume, By Form, 2021 - 2031 |
| 9.2 Argentina Animal Feed Market, Revenues & Volume, By Species, 2021 - 2031 |
| 9.3 Argentina Animal Feed Market, Revenues & Volume, By Type, 2021 - 2031 |
| 10 Rest of Latin America Animal Feed Market, 2021 - 2031 |
| 10.1 Rest of Latin America Animal Feed Market, Revenues & Volume, By Form, 2021 - 2031 |
| 10.2 Rest of Latin America Animal Feed Market, Revenues & Volume, By Species, 2021 - 2031 |
| 10.3 Rest of Latin America Animal Feed Market, Revenues & Volume, By Type, 2021 - 2031 |
| 11 Latin America Animal Feed Market Key Performance Indicators |
| 12 Latin America Animal Feed Market - Opportunity Assessment |
| 12.1 Latin America Animal Feed Market Opportunity Assessment, By Countries, 2021 & 2031F |
| 12.2 Latin America Animal Feed Market Opportunity Assessment, By Form, 2021 & 2031F |
| 12.3 Latin America Animal Feed Market Opportunity Assessment, By Species, 2021 & 2031F |
| 12.4 Latin America Animal Feed Market Opportunity Assessment, By Type, 2021 & 2031F |
| 13 Latin America Animal Feed Market - Competitive Landscape |
| 13.1 Latin America Animal Feed Market Revenue Share, By Companies, 2024 |
| 13.2 Latin America Animal Feed Market Competitive Benchmarking, By Operating and Technical Parameters |
| 14 Company Profiles |
| 15 Recommendations |
| 16 Disclaimer |
Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Form (Pellets, Crumbles, Mash, Others), By Species (Poultry, Ruminants, Aqua, Swine, Others), By Type (Acidifiers, Probiotics, Enzyme, Antioxidants, Antibiotics, Vitamins, Minerals, Others) And Competitive Landscape
| Product Code: ETC058559 | Publication Date: May 2021 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Latin America Animal Feed Market is projected to grow over the coming years. Latin America Animal Feed Market is a part of our various regional publications globally. 6W tracks Animal Feed Market for over 60 countries with individual country-wise market opportunity assessment and publishes the report titled Global Animal Feed Market outlook report annually.
Latin America Animal Feed Market report thoroughly covers market by Form, species, type, and regions. The market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Latin America Animal Feed Market Synopsis
Latin America Animal Feed Market is expected to generate sound revenues on account of rapid industrialization. Increasing penetration towards consumption of animal based products backed by higher nutrition value is fueling the growth of the market. Rising demand for quality and premium meat is further developing the market. Moreover, the introduction of multiple market players in the market is adding to the development of the market.
According to 6Wresearch, Latin America Animal Feed Market size is projected to register growth during 2021-2027. Growing consumer preference towards health consciousness backed by high nutritional value is propelling the growth of Animal Feed Market. The continuous development of technology is leading to the intensive production of livestock further beholds the growth of the market. The rising demand of sea food due to the increasing awareness regarding the benefits is likely to boost the development of the market. However, the health emergency caused due to outburst of COVID-19 has led to the disruption in supply chain. The nationwide lockdown backed by restriction on movement of people added to the negative growth of the market. Although, the market is likely to re-gain its growth during the coming years.
Market Analysis by Form
On the basis of form, pellets segment accounted the largest share and is expected to dominate the market during the forecast period.
Market Analysis by Geography
Based on Geography, Brazil is dominating the market and is expected remain its position during the forthcoming years owing to the enhanced production of raw material.
Key Attractiveness of the Report
Other Related Reports:
| Asia Pacific Animal Feed Market | Global Animal Feed Market |
| Middle East Animal Feed Market | Europe Animal Feed Market |
| North America Animal Feed Market | Africa Animal Feed Market |
Key Highlights of the Report:
Market Segmentation:
The report provides a detailed analysis of the following market segments: