Market Forecast by Countries (Brazil, Mexico, Argentina, Rest of Latin America), By Animal Type (Ruminants, Poultry, Swine, Aquaculture) And Competitive Landscape
Product Code: ETC398552 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Latin America Livestock Market report thoroughly covers the by countries and by animal type. The market report provides an unbiased and detailed analysis of the ongoing 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.
The Latin America livestock market was valued at USD 93.4 billion and is expected to reach USD 141.1 billion by 2030, growing at a CAGR of 4.8% during the forecast period (2024-2030). This growth can be attributed to several factors such as increasing demand for animal-based protein, rising meat exports, and government initiatives promoting livestock production.
The Latin America livestock market has been witnessing a substantial growth with the transformations as producers adapt to emerging technologies and changing consumer demands. This sector has traditionally been a cornerstone of the region's economy, contributing to food security and employment.
According to 6Wresearch, the Latin America Livestock Market size is expected to reach at a significant CAGR of 4.8% during the forecast period 2025-2031. The rising levels of meat consumption due to population growth and urbanization, increasing export opportunities, and advancements in animal husbandry practices. Additionally, Producers are being influenced to adopt innovative solutions that enhance productivity and efficiency with the growing awareness of animal welfare and the importance of sustainable farming practices. On the other hand, some challenges exist in the market that could affect its growth such as fluctuating feed costs, regulatory hurdles, and climate change impacts that can affect livestock health and productivity.
Despite these challenges, some emerging trends are supporting the Latin America Livestock Market growth such as the rising shift towards technology integration, including precision livestock farming and improved supply chain management. Also, consumers are preferring ethically sourced and sustainable meat, pushing producers to reconsider their practices. Consequently, this market is on a path towards greater innovation, sustainability, and improved animal welfare, laying the groundwork for future growth.
Major producers include Brazil and Argentina, renowned for their beef exports, alongside Mexico, which leads in poultry production. Additionally, companies like JBS S.A. and Marfrig Global Foods in Brazil, as well as Grupo Bimbo in Mexico, play crucial roles in shaping market dynamics through strategic partnerships and investments in technology.
Government regulations across Latin America significantly impact the livestock sector, shaping industry standards and practices. Regulations often focus on ensuring food safety, animal welfare, and environmental sustainability. For instance, several countries have instituted strict export controls and quality assurance measures to enhance product safety and meet international standards. Additionally, policies aimed at reducing greenhouse gas emissions from livestock production are gaining traction, encouraging farmers to adopt eco-friendly practices. The regulatory landscape is continually evolving, requiring producers to adapt to new compliance requirements while maintaining operational efficiency.
The Latin America livestock industry is projected to witness robust growth, driven by increased meat demand and innovative farming technologies. As consumer preferences shift towards sustainable and ethically sourced products, producers will need to adapt their practices accordingly, integrating more humane animal treatment and resource-efficient methods. The adoption of new technologies such as artificial intelligence and blockchain in supply chain management will further streamline operations and improve traceability.
According to Ravi Bhandari, Research Head, 6Wresearch, Brazil dominates the Latin America livestock market share, being the largest producer and exporter of beef worldwide. The country’s grazing lands and upgraded agricultural technologies have enabled it to manage a competitive edge. Additionally, Brazil's regulatory frameworks are continuously evolving to meet international standards, further enhancing its export capabilities.
Based on animal type, cattle is currently dominating the market growth with the rising investment by countries like Brazil and Argentina in genetic improvements and pasture management, leading to enhanced beef quality and yield.
The report offers a comprehensive study of the subsequent 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 Livestock Market Overview |
3.1 Latin America Regional Macro Economic Indicators |
3.2 Latin America Livestock Market Revenues & Volume, 2021 & 2031F |
3.3 Latin America Livestock Market - Industry Life Cycle |
3.4 Latin America Livestock Market - Porter's Five Forces |
3.5 Latin America Livestock Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Latin America Livestock Market Revenues & Volume Share, By Animal Type, 2021 & 2031F |
4 Latin America Livestock Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latin America Livestock Market Trends |
6 Latin America Livestock Market, 2021 - 2031 |
6.1 Latin America Livestock Market, Revenues & Volume, By Animal Type, 2021 - 2031 |
7 Brazil Livestock Market, 2021 - 2031 |
7.1 Brazil Livestock Market, Revenues & Volume, By Animal Type, 2021 - 2031 |
8 Mexico Livestock Market, 2021 - 2031 |
8.1 Mexico Livestock Market, Revenues & Volume, By Animal Type, 2021 - 2031 |
9 Argentina Livestock Market, 2021 - 2031 |
9.1 Argentina Livestock Market, Revenues & Volume, By Animal Type, 2021 - 2031 |
10 Rest of Latin America Livestock Market, 2021 - 2031 |
10.1 Rest of Latin America Livestock Market, Revenues & Volume, By Animal Type, 2021 - 2031 |
11 Latin America Livestock Market Key Performance Indicators |
12 Latin America Livestock Market - Opportunity Assessment |
12.1 Latin America Livestock Market Opportunity Assessment, By Countries, 2021 & 2031F |
12.2 Latin America Livestock Market Opportunity Assessment, By Animal Type, 2021 & 2031F |
13 Latin America Livestock Market - Competitive Landscape |
13.1 Latin America Livestock Market Revenue Share, By Companies, 2024 |
13.2 Latin America Livestock Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |